Answer:
$4,044
Explanation:
Calculation for how much of the taxes will be credited to the buyer
First step is to divide the annual taxes by the numbers of days in a year
$8,200 / 365 days
= $22.466 per day
Second step
Based on the information given we were told that the Seller's ownership started from January 1- June 29 which gave us 180 days, this means that we would multiply $22.466 per day by 180 days in order to know how much of the taxes will be credited to the buyer
Hence,
Amount credit to the buyer=180 days
x 22.466
Amount credited to buyer= $4,044
Therefore the amount of the taxes that will be credited to the buyer will be $4,044
Answer:
True
Explanation:
When the price increases, more people will be unwilling to buy the product. However, simply lowering the price will not necessarily gain a large number of new customers.
The government could achieve reduction of cigarette consumption to by imposing a per-unit tax on cigarettes of 200 billion packs per year
<h3>What can Taxation achieve?</h3>
A taxation refers to compulsory levies on individuals, business by the governments on their income, operation etc.
In conclusion, apart from the revenue that tax generates for the government official, its also serves as tool for controlling consumption.
Read more about taxation
<em>brainly.com/question/25783927</em>
Answer and Explanation:
The computation of the consolidated sales and cost of goods sold is shown below:
For consolidated sales
= Top reported sales + bottom reported sales + inter entity sales
= $906,000 + $319,000 - $138,000
= $1,087,000
And the cost of goods sold is
= Top reported cost of goods sold + bottom reported cost of goods sold - intra entity sales + ending gross profit unrealized
= $679,500 + $207,350 - $138,000 + $16,095
= $764,945
The ending gross profit unrealized is come from
= {1 - ($207,350 ÷ $319,000) × $138,000} × 35%
= $16,095
The answer is C.
If the Federal government prints too much currency an increase in inflation is most likely happen. If you print more money the price of the current goods and services doesn’t change. However, households will have more cash to spend. If there is more cash that is after the same amount goods and services, companies will just put up the prices.
