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3 years ago

A sales tax is sent to the government by

1 answer:

6 0

Answer:A sales tax is a consumption tax imposed by the government on the sale of goods and services. A conventional sales tax is levied at the point of sale, collected by the retailer, and passed on to the government. A business is liable for sales taxes in a given jurisdiction if it has a nexus there, which can be a brick-and-mortar location, an employee, an affiliate, or some other presence, depending on the laws in that

Explanation:

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ABC uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retai

Licemer1 [7]

Answer:Ending Inventory at Cost= $981,248.40

Explanation:

Cost Retail

Beginning inventory $393,500 $594,000

purchases $3,408,000 $5,193,600

freight in $159,500,

net markups $414,000

Total $3,961,000 $6,201,600

Sales $4,666,000

Ending Inventory at Retail:=(Beginning inventory + purchases +net markups - Sales during the current year

594,000 + $5,193,600 + $414,000- $4,666,000, = $1,535,600

Cost to Retail Ratio:( Beginning inventory + purchases+freight in)/ (Beginning inventory + purchases +net markups )

=($393,500 + $3,408,000 +$159,500,) ÷ (594,000 + $5,193,600 + $414,000) =$3,961,000/$6, 201, 600= 0.638= 0.639

Ending Inventory at Cost: Ending Inventory at Retail x Cost to Retail Ratio

$1,535,600 x 0.639 = $981,248.40

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3 years ago

How ethics and profit are interrelated ?

sweet-ann [11.9K]

Answer:

The relationship between ethics and profits is a rather tenuous one, whether one defines corporate ethics narrowly in terms of obeying the law, or more broadly in terms of management's acceptance of responsibility for the welfare of the company's stockholders.

Explanation:

7 0

3 years ago

During a strike by the United Steelworkers of America in 2010, Honeywell claimed that the union left nails in the plant parking

Snowcat [4.5K]

Answer:

injunction

Explanation:

A prohibition is a legal and equitable remed in the form of a special court order that compels the party to commit or reject certain action. "When a court appoints an extraordinary injunction, it sets forth the conduct of one party and does so with the support of its full powers."
A party who fails to comply with the ban will face criminal or civil penalties, including criminal sanctions and imprisonment. He can also be charged in a contempt of court case.
These are the situations where you can ask the criminal party to stop doing things that hurt and hurt you. However, there are cases where asking does not solve the problem. In such a case, you may want to go to court and ask the judge to intervene in the situation and to treat the offending party as problematic. To do this, you file an injunction.

6 0

3 years ago

The PCAOB has the power to

Irina-Kira [14]

Answer:

A. inspect large firms annually

Explanation:

According to my research on Accounting Firms, I can say that based on the information provided within the question the PCAOB has the power to inspect large firms annually. The Public Company Accounting Oversight Board is in charge of overseeing the audits of public companies as well as other issuers.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0

2 years ago

Kanye, Eddie, Jaco, and Danny are trying to form a band. They each have some basic skills on most instruments, so their current

Maurinko [17]

Answer:

I don't understand...

8 0

3 years ago