The tax refund that Lily can expect to get back from the tax authorities will be $15.80.
<h3>What is a tax?</h3>
A tax simply means the compulsory levy that's paid by the people and companies to the government.
In this case, the tax refund that Lily can expect back will be:
= 7.65% × $206
= $15.80
In conclusion, the correct option is $15.80.
Learn more about tax on:
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The democratic style of leadership seeks information, opinions, and preferences, sometimes to the point of meeting with the group, leading discussions, and using consensus <span>or majority vote to make the final choice.</span>
Divide $100/2.75= about 36 days as $2.75* x 36=$99
Answer:
Break-even point in total units= 951.7units
Explanation:
<em>Break-even point is the level of activity at which a firm must operate such that its total revenue will equal its total costs. At this point, the company makes no profit or loss</em>.
It is calculated using this formula:
<em>Break-even point (in units) = Fixed cost/ average contribution per unit</em>
<em> Blue Plaid</em>
Contribution per unit 43-30 = 13 52-45 = 7
<em>Average contribution per unit </em>
= ( (13× 4) + (7×5) )/9
= $ 9.66 per unit
<em>Break-even point in total units</em>
= $9200/$ 9.66
= 951.7units
Break-even point in total units= 951.7units
Answer:
The correct answer is Sin tax.
Explanation:
A sin tax is a state-sponsored tax that is added to products or services that are considered vices, such as alcohol, tobacco and gambling. These types of taxes are collected by governments to deter individuals from participating in such activities without making the use of the products illegal. These taxes also constitute a source of revenue for the government.
