Mark brainlest please
Answer:
The amount of tax will be $3
Tax Burden on consumer is $2
Tax burden on producer ( in case you want to know) will be $1
Check the image below.
Tax is equal to the difference between the price actually paid by the buyer and the price actually received by the seller. Tax= Price paid by buyer-Price received by seller Tax= $8-$5 Tax = $3 Thus the tax computed is $3 per case.
Answer:
Parent company retained earnings equals consolidated retained earnings.
FALSE
Explanation:
When the company acquired the subsidiary, it already had a retained earnings balance. This will be added to parent company retained earnings in the consolidated balance.
Parent Equity
Common Stock 100
RE 200
Subsidiary:
Common Stock 10
Re 5
As the subsidiary retained earnings will change by his net income and dividends it will differ to parent company as the parent dividends will be different as well as the income for the year.
Answer: D. Transnational strategy
Explanation:
With a transnational strategy, a company will operate in different countries in order to have access to a larger market from which they can get more profit.
Companies using this can have a centralized structure or a decentralized one where the divisions in various countries are very independent. This is what is being done in this scenario and the advantage of this is that it enables the divisions in the country to be more efficient at facing country specific challenges because a domestic company would understand things better.