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torisob [31]
3 years ago
8

Mr. Josh Kenney, a U.S. citizen and resident of Vermont, owns 100 percent of the stock of JK Services, which is incorporated und

er Vermont law and conducts business in four counties in the state. JK Services owns 100 percent of the stock of JK Realty, which is incorporated under Massachusetts law and conducts business in Boston.
a. How many taxpayers are identified in the given statement of facts?
b. Identify the governments with jurisdiction to tax each of these taxpayers.
Business
1 answer:
Alekssandra [29.7K]3 years ago
4 0

Answer:

a. Taxpayers in the scenario:

There are three (3) taxpayers and these are:

  • Mr. Josh Kenny
  • JK Services
  • JK Realty

b. Governments with jurisdiction:

  • Mr. Josh Kenny falls under the State of Vermont where he is a resident.
  • JK Services falls under the State of Vermont where it is incorporated and operates.
  • JK Realty falls under the City of Boston where it is operates.

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Maxine wishes to purchase a pair of running shoes made by her favorite brand. Her budget is limited, and she notices shoes made
ANTONII [103]

Answer:

The correct answer is The price of the alternative was too high.

Explanation:

The market price is the price at which a good or service can be purchased in a free market. It is an economic concept of application both in historical aspects of the discipline and in its concrete use and in daily life.

The concept has given rise to both technical and theoretical discussions in the development of economic sciences. These discussions range from the definition of what a market is to what is understood by price, difficulties that acquire a particular importance in the microeconomics, an area in which one of the most important functions of an economist is the determination of prices that maximize profit of a company. However, the problem also extends to the macroeconomic sphere, in which price calculations play a central role in determining the hypothetical economic balance.

8 0
4 years ago
If you are an engineer working for a state highway department with the responsibility for overseeing and regulating construction
Nimfa-mama [501]

Yes it is a conflict of interest to leave the state and accept a position with a construction company that you formerly handled as a government relations manager.

<h3>What is a Conflict of Interest?</h3>

A conflict of interest occurs when an person's interests – family, friendships, financial, or social elements – could compromise his or her judgment, or actions in the workplace. Government agencies take disputes of interest so seriously that they are handled.

While it is not always feasible to eradicate conflicts of interest, the frequency and gravity of such situations may be lessened through comfort.

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8 0
1 year ago
Sapphire sells two products: ordinary laptops and premium laptops. Ordinary laptops are priced at $650 each and premium laptops
stira [4]

Answer:

The break-even point in units for ordinary laptops is 2,100 units.

Explanation:

Contribution Margin per unit (ordinary) = Selling Price - Variable cost

                                                                 = $650 -$605

                                                                 = $45

Contribution Margin per unit (premium) = Selling Price - Variable cost                                        = $1,150 -$1,090

= $60

$45* 4x + $60x = Fixed Costs = $126,000

= 180x +60x = $126,000

=240x =$126,000 = 525 units

Ordinary computers = 4x

                                  = 4*525

                                  = 2,100 units

Therefore, The break-even point in units for ordinary laptops is 2,100 units.

6 0
4 years ago
Adding a new product line to an existing portfolio means that the line has​ __________________. A. increased product support ser
OLEGan [10]

Answer:

<u>B. extended product line length</u>

Explanation:

  • The product line is a pricing strategy refers to as the pricing line extension and its purpose is to attract new customers, who may or may not be familiar with the current standard product line.
  • Thus It adds a higher quality to the current products, considered as trading and forward stretch. Various features include the price lining, bundle pricing, bait pricing, leader pricing.
  • Supermarkets like Walmart and amazon can often apply stretch top product lines so s to often grade there products to ensure that all markets are covered as to gain the maximum interest from customers.
7 0
4 years ago
A customer has invested a total of $10,000 in a nonqualified deferred annuity through a payroll deduction plan offered by the sc
Blababa [14]

Answer:

On $6000 amount customer be taxed

Explanation:

given data

total invest = $10000

current value = $16000

to find out

On what amount customer be taxed

solution

we know customer is invest here total $10000 and

current value is now $16000

so we can say that here payment non qualified deferred, annuity  after tax

so tax are paid of earning

so earning =  current value - invest

earning = 16000 - 10000

earning = $6000

so on $6000 amount customer be taxed

3 0
3 years ago
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