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tino4ka555 [31]
3 years ago
12

Why is tax accounting important?

Business
1 answer:
nika2105 [10]3 years ago
7 0

Answer:

Tax accountants ensure that companies and individuals comply with tax laws by filing their federal and state income tax returns. Some tax accountants also offer tax planning advice to help businesses and individuals save money in taxes.

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Design a board game about business!PLEASE
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Henry​ Crouch's law office has traditionally ordered ink refills 65 units at a time. The firm estimates that carrying cost is 40
Ronch [10]

Answer:

The answer is: the ordering cost will be $38

Explanation:

We have the formula for economic order quantity is:

EOQ = Square root of ( 2 x S x D / H)

in which: S ordering cost;

               D: Quantity demand

               H: carrying cost

For the law office to act at optimal level by ordering EOQ at 65 units a time, The ordering cost will be found be the equation:

65 = square root of ( 2 x S x 245 / 4.4) <=> 4,225 = (2 x S x 245) / 4.4 <=> 4,225 = 1225S/ 11 <=> S = $38

Thus, the ordering cost will be $38.  

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3 years ago
The spotlight on small business box "earning while learning" features students who
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Describe the meaning of venture opportunity screening.
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An industry's sales have leveled off and profits are declining in oligopolistic competition. Consumers see competing products as
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Answer: Market maturity

Explanation:

A market is said to be mature when it has gotten to a state of equilibrium. The state of equilibrium means when an absence of lack of innovation or significant growth and the demand is equal to the supply that is decided by the market forces.

The maturity stage of the product life cycle explains that sales will peak and later slow down. At this stage, the sales growth has started to reduce and the product has reached widespread acceptance in the market.

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