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maxonik [38]
2 years ago
12

When is VAT added to a product’s price?

Business
1 answer:
Sophie [7]2 years ago
3 0

VAT added to the products price at the stage of sale.

Answer: Option B

<u>Explanation:</u>

VAT stands for value added tax. VAT system is like a GST. The VAT has to be paid by the consumer or a business concern must pay the cost of goods and services and has to be subtracted material cost of previous year if any.

At the exact and each time value is added when a sale is made. Each and every seller in the production chain as to be charges VAT tax to the buyer, which it's remitted to the government.

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Trevor Guerney is a manager who believes that those who are to be affected by a change must be involved in the change. Consequen
ollegr [7]

Answer:

Explanation:

Trevor's team has positive leader-member relations

3 0
3 years ago
Suppose that 10 years ago you bought a home for $110,000, paying 10% as a down payment, and financing the rest at 8% interest fo
skad [1K]

Answer: $11,000

Explanation:

The solution to this problem is not tedious or complicated

Solution;

Amount is = $110,000

Percentage of down payment is given as = 10%

To get the amount of the down payments we find the 10% of $110,00

10% of $110,000 is = 10÷100

=0.1

We multiply it by the amount which is 0.1×110,000= $ 11,000

3 0
3 years ago
What is the key difference between target plan bonus and predetermined allocation​ bonus?
Svetllana [295]
<span>What is the key difference between target plan bonus and predetermined allocation​ bonus? Predetermined allocation bonuses are​ fixed; target plan bonuses are not.

Predetermined allocation bonus are a fixed rate and they are based on a total from the bonus pool of a company. The target plan bonus can increase or decrease with performance. 
</span>
6 0
2 years ago
A company's current assets are $30000 and current liabilities are $19000. Calculate the company's current ratio as a percentage.
drek231 [11]

Answer:

Current Ratio (in %) = 157.89473684211%  rounded off to 157.89%

The current ratio of 157.89% means that the company has 157.89% of current assets to pay off 100% or all of its current liabilities. To understand it better, we can say that to pay off every $1 of current liability, the company has $1.5789 of current assets. Thus, the company has enough current assets to pay off its current liabilities.

Explanation:

The current ratio is a measure of liquidity of a business. It is calculated by dividing the current assets by the current liabilities of the company. To express current ratio in a percentage form, we use the following formula,

Current Ratio (in %) =  [Current Assets / Current Liabilities] * 100

Current Ratio (in %) = [30000 / 19000] * 100

Current Ratio (in %) = 157.89473684211%  rounded off to 157.89%

5 0
3 years ago
Read 2 more answers
Exercise 20-19 Budgeted cash payments LO P2 Zisk Co. purchases raw materials on account. Budgeted purchase amounts are: April, $
beks73 [17]

Answer:

See explanation section.

Explanation:

                                                    P2 Zisk Co.

                                      Budgeted cash payments

                                            For the 2nd quarter

                                                            April                   May                  June

Accounts payable                           $22,000

70% in the month of purchase       $56,000           $77,000            $84,000

30% in the month after purchase                            $24,000            $33,000

Budgeted cash payments              $78,000            $101,000           $117,000

Total budgeted cash for the 2nd quarter = $296,000.

30% in the month after purchase means 30% amount will be given in the following month.

8 0
3 years ago
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