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Bezzdna [24]
3 years ago
11

If the government levies a $1,000 tax per boat on sellers of boats, then the price paid by buyers of boats would a. increase by

less than $1,000. b. decrease by an indeterminate amount. c. increase by more than $1,000. d. increase by exactly $1,000.
Business
1 answer:
inn [45]3 years ago
8 0

Answer: increase by less than $1000.

Explanation:

It should be noted that when the government levies a $1,000 tax per boat on sellers of boats, then this will lead to the supply curve shifting upward by $1000.

Due to the tax imposed, there'll be an increase in the price that a buyer will pay for the boat. In this case, the buyer and the seller will share the burden of the tax. Hence, there'll be na increase in the price for the boat by less than $1000.

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Human resources is about trying to
Oliga [24]

Answer:

I think b is that the answer

4 0
3 years ago
Weiland Co. shows the following information on its 2019 income statement: sales = $162,500; costs = $80,000; other expenses = $3
MrMuchimi

Answer:

a. 2019 Operating cash flow

Welland Co. Operating Cash Flow for 2019

Particular                              Amount $

Sales                                            162500

Cost of goods sold    80000

Other Expenses         3300

Depreciation               9000         <u>92,300</u>

EBIT                                               70200

Less: Taxes                                   22295

Add :Depreciation                         <u>9000</u>

Operating Cash Flow                 $<u>56905</u>

b. Cash flow to creditors

Interest paid                    6500

Add: Loan raised             <u>7700</u>

Cash flow to creditors      <u>14200</u>

c. Cash flow to Stockholders

Dividends Paid                         8150

Less: Net Equity Raised          <u>4500</u>

Cash flow to Stockholders   <u>$3650</u>

d. Change in Net working Capital = Change in Current Assets - Change in  Liabilities

Figures for Current Asset was not given, rather the Net Fixed asset is given $21,100 which is not a current asset.

6 0
3 years ago
Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is
Karo-lina-s [1.5K]

Answer:

The answer is E. $24,000

Explanation:

Straight line depreciation method equals

Cost of asset - salvage value / number of years.

Cost of asset is $135,000

Salvage value is $15,000

Number of years is 5 years

$135,000 - $15,000/5 years

$120,000/5 years

=$24,000

Straight line method of depreciation has equal amount all through the year.

The first year through it end life.

Therefore, machines' first year depreciation under the straight-line method is $24,000

6 0
3 years ago
Sarah Parks is in the very early stages of putting together a business startup, and is thinking about writing a business plan to
Reptile [31]

Answer:

C. Summary business plan

Explanation:

A "business plan" is very important in order for a person to assess the success of his business. Among the choices above, the best answer is the <em>"Summary business plan." </em>This allows the entrepreneur to summarize the important points needed and to provide solid case of his business idea. This should also be clear and concise because it is going to be read by people who will be investing in the business. Examples of these groups are the <em>banks and investors.</em>

For startup business, it is important to include the following in the summary business plan: <em>business opportunity, target market, business model, marketing and sales strategy, financial analysis, competition, implementation plan, owners/staff, etc.</em>

So, this explains the answer.

4 0
3 years ago
Read 2 more answers
Spreadsheet software can be used to do all the following except
agasfer [191]

open a savings account.

3 0
3 years ago
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