All categories

3 years ago

Which of the following is an example of a direct tax?

Business

2 answers:

GREYUIT [131]3 years ago

8 0

Sales tax !!
hopefully this helps

Sergio [31]3 years ago

7 0

Answer:

Personal Property Tax

Explanation:

Indirect taxes are taxes that are collected by the government indirectly meaning that there is a "middle man." Sales taxes and gasoline taxes are indirect because the taxes must be collected first by the stores and gas stations before going to the government.

Direct taxes are taxes paid straight to the government ie, property taxes, income taxes, etc.

You might be interested in

ammi purchases stock in Vivaldi Corporation. Vivaldi Corporation later encounters legal issues and faces significant legal claim

olga55 [171]

Answer:

Tammi's liability is d. limited to her investment in the stock.

Explanation:

Since Tammi has purchased a stock in a corporation, one of the fundamental property of a corporate is that the stock-holders of the corporation have a limited liability meaning shareholders are only legally responsible for the debts of a company only to the extent of their investment in the company.

So Tammi's liability is limited to her investment in the stock of Vivaldi Corporation.

6 0

4 years ago

Read 2 more answers

On June 1, 2017, Pharoah Company was started with an initial investment in the company of $22,350 cash. Here are the assets, lia

guapka [62]

Answer:

Pharaoh Company

Income statement

For the year ended June 30, 2017

Revenue & Gains Amount

Service Revenue $7,910

Total revenue & gains (A) $7,910

Expense and losses:

Salaries and wages expense $1,810

Advertising expense $400

Supplies expense $2,370

Utilities expense $270

Maintenance and repair expense $630

Total expense (B) $5,480

Net Income (A - B) $2,430

6 0

3 years ago

Whether you operate your business from a small office at home or in a large plant environment, it's still referred to as your

zysi [14]

The correct option is C.
An office building refers to a structure that is used primarily for the purpose of conducting business. The office may be large or small, it may be located in a large office environment or in a residential apartment. The basic thing about office building is that, it is the location where administration, clerical services. consulting services and other services related to business take place.

4 0

3 years ago

Read 2 more answers

Exercise 11-1 Compute the Return on Investment (ROI) [LO11-1] Alyeska Services Company, a division of a major oil company, provi

vaieri [72.5K]

Answer:

1. Margin = 0.32 or 32%

2. Turnover = $19,000,000 or Operating Asset Turnover = 0.52 or 52%

3. Return on Investment = 0.17 or 17%

Explanation:

Firstly, list out the parameters we were given:

Sales = $19,000,000, Net Operating Income = $6,100,000,

Average Operating Assets = $36,500,000

1. Operating Margin = Net Operating Income / Sales

Operating Margin = 6,100,000 ÷ 19,000,000 = 0.32

Operating Margin = 0.32 (to 2 decimal places)

Operating Margin = 32%

2. Turnover refers to sales or revenue made during a particular period. In which case turnover is $19,000,000

However, if the turnover referred to is the Operating Asset Turnover, that is calculated below:

Operating Asset Turnover = Sales / Average Operating Assets

Operating Asset Turnover = 19,000,000 ÷ 36,500,000

Operating Asset Turnover = 0.52 (to 2 decimal places)

Operating Asset Turnover = 52%

3. Return on Investment (ROI) = Net Operating Income / Average Operating Assets

Return on Investment (ROI) = 6,100,000 ÷ 36,500,000

Return on Investment (ROI) = 0.17 (to 2 decimal places)

Return on Investment (ROI) = 17%

8 0

3 years ago

Unions contribute to Select one: a. frictional unemployment but not the natural rate of unemployment. b. the natural rate of une

Verizon [17]

Answer:

The correct answer is letter "C": both frictional unemployment and the natural rate of unemployment.

Explanation:

Natural unemployment is defined as the lowest rate of unemployment an economy will reach. It is called natural because its causes are other than an adverse economy. Natural unemployment is a combination of frictional unemployment -employment transitions, structural unemployment -mismatch between abilities and current position, and labor surplus.

Unions are groups of individuals who join to set minimum standards at work in regards to wages, compensations, and conditions. Union members are, by default, always available to join the workforce even if there is work to be done or not. Sometimes, union members are assigned duties their abilities outperform just to avoid having the member unemployed. These are the reasons why unions are said to contribute to natural unemployment.

5 0

4 years ago