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Anarel [89]
3 years ago
5

How many different federal taxes are listed?

Business
2 answers:
choli [55]3 years ago
8 0

Answer:

There are two types of taxes namely, direct taxes and indirect taxes.

Explanation:

12 specific taxes, four within each main category—earn: individual income taxes, corporate income taxes, payroll taxes, and capital gains taxes; buy: sales taxes, gross receipts taxes, value-added taxes, and excise taxes; and own: property taxes, tangible personal property taxes, estate and inheritance taxes, and wealth taxes.

Luba_88 [7]3 years ago
3 0

Answer:

2!

Explanation:

direct taxes and indirect taxes! hope this helps! plz mark as brainliest!

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What type of clause is inserted in a financing document when the lender agrees to waive the right to a deficiency judgement? A r
TiliK225 [7]

Answer: It is called An EXCULPATORY CLAUSE

Explanation: A deficiency judgment is a court ruling against a debtor in default on a secured loan, indicating that the sale of a property to pay back the loan did not cover the outstanding debt in full.

In waiving the right to a deficiency judgement, AN EXCULPATORY CLAUSE is inserted in the financial contract which states that the borrower no longer has a financial liability. It relieves the borrower the personal liability to repay the loan.

3 0
3 years ago
Read 2 more answers
On February 15, Jewel Company buys 7,000 shares of Marcelo Corp. common stock at $28.53 per share. The stock is classified as a
inessss [21]

The journal entry to record the <em>sale of the 3,500 shares</em> of stock on November 17 is as follows:

Debit Cash $102,550

Credit Investment in Marcelo Corp $99,855

Credit Gain from Sale of Investment $2,695

Data and Calculations:

February 15: Investment in Marcelo Corp $199,710 Cash $199,710 ($28.53 x 7,000)

April 15 Cash $8,050 Dividends Receivable $8,050

November 17: Cash $102,550 Investment in Marcelo Corp $99,855 Gain from Sale of Investment $2,695

Thus, the journal entry to record the <em>sale of 3,500 shares</em> is a debit to Cash, a credit to Investment, and a credit to Gain from Sale of Investment.

Learn more about recording the sale of investment in shares here: brainly.com/question/25781760

3 0
2 years ago
How do firms use​ marketing? A firm might use marketing to A. identify the​ long-run equilibrium price where firms break even. B
Molodets [167]

Firms use marketing to eliminate things that keep new firms from entering an industry(D).

Explanation:

Marketing plays an important role in understanding the business.

  • Firstly it determines the necessity of the market.
  • Develops the market using new technique or expand the same market.
  • Tries to understand the needs of the customer and works on the products based on their interest.
  • Market should be dynamic that is the market should follow the trend and adopt various strategies to work properly.

Hence, theses are the roles of marketing. A proper marketing can increase sale as well as the good will of the firm.

5 0
3 years ago
Explain how a firm's production function is related to its marginal product of labor, how a firm's marginal product of labor is
Ghella [55]

The price paid to each factor adjusts to balance the supply and demand for that factor. Because factor demand reflects the value of the marginal product of that factor, in equilibrium, each factor is compensated according to its marginal contribution to the production of goods and services.

<h3><u>Explanation:</u></h3>

The incremental profit that is being earned for an additional single unit by subtracting the price of the product and all the variable cost that is associated with that product is the marginal contribution. It is the earnings that is obtained in total for paying all fixed expense and also for the profit generation.

The price that is spent for the every factor in order to adjust balancing the supply and demand of that particular factor. This is because of the reason that, the value of the marginal product of any factor is controlled by the demand factor. Thus in an equilibrium state there will be a compensation of each factor based on the marginal contribution to the production of goods and services.

7 0
4 years ago
Match each the following steps in the litigation process with its best description or example.
Lilit [14]

Answer:

The options were incomplete! All of the options, their right order and description is explained below.

Complete Question:

Match each the following steps in the litigation process with its best description or example.

A. Alternate dispute resolution

B. Deposition

C. Judge decides

D. Defenses raised

E. Starts the litigation

1. Discovery

2. Bench trial

3. Complaint

4. Mediation

5. Answer

Matching:

3. Complaint -> E. Starts the litigation

5. Answer -> D. Defenses raised

1. Discovery -> B. Deposition

4. Mediation -> A. Alternate dispute resolution

2. Bench trial -> C. Judge decides

Short Explanation:

Suppose A is plaintiff and B is defendant.

A files a complaint saying that B has done something wrong to me, to which B Answers and denies the claim of A. Then both parties A and B start to discover evidence against each other. Mediation usually happens at this stage when both parties know their position. If mediation fails then bench trial starts where a civil judge decides the verdict.

Detailed Explanation:

The litigation (means a case or lawsuit) process starts when a complaint is filed by a plaintiff (person who brings a case against someone in court of law) stating the alleged wrongdoings done by the defendant. He claims to be given relief against the wrongs done by the defendant.

Then defendant responds with an Answer in which he clarifies or point out incorrect allegations or denies all the accusations one by one made against him. If defendant finds a strong case against himself then he goes for mediation otherwise he proceeds towards discovery.

Discovery is the legal term used for finding and gathering of all sort of evidence or information. Examples of discovery are interrogations, depositions, examination reports.

Mediation is the process of dispute resolution where both parties appear in front of a neutral mediator and try to resolve the issue without going to trial. Everyone tries to avoid going to trail because it is expensive and time consuming therefore, many lawsuits get resolved without going into the trial.

When mediation fails then the final solution is to go for a trail. A bench trial means a trial in which a judge decides the verdict (no jury).

Note: Mediation means settlement and it can happen at any stage when both parties agree to a certain solution,

5 0
4 years ago
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