Answer:
The answer Is below
Explanation:
The households sector is a sector that consists of people such as consumers or end-users and entrepreneurs that are not into a corporation
Also, this sector has producers and consumers because consumers are the individuals that consume the goods and services produced.
Similarly, there are producers in the household sectors as some individuals produce goods and services for themselves and their immediate environment without going into a corporation. For example, Street food vendors, Cobblers, carpenters, and many more.
Answer:
b. $2,616
Explanation:
Missing word <em>"Total receipts for February amounted to $46216. If the sales tax rate is 6%, what amount must be remitted to the state for February's sales taxes? O $2773 O "</em>$2616 O $2608 O It cannot be determined.
Sales tax = Total receipt * Tax rate
Sales tax = Total receipt * 6/106
Sales tax = $46,216 * 6/106
Sales tax = $2,616
So, the amount that must be remitted to the state for February's sales taxes is $2,616.
Full question attached
Answer and Explanation:
Answer and explanation attached
Answer:
The amount would be reported for net financing cash flows on the Statement of Cash Flows: 1) $155,000
Explanation:
Net financing cash flows is calculated by using following formula:
Net financing cash flows = Cash in flows from issuing equity or debt - Cash paid as dividends - Repurchase of debt and equity
In the company, Net financing cash flows = Cash Borrowed from a local bank + Cash from Issued common stock - Paid dividends = $100,000 + $75,000 - $20,000 = $155,000
