We have to calculate the amount of the sales taxes owed to a taxing agency.
The tax rate is 5% ( 0.05 ) and the balance in the sales revenue account amounted to $294,000.
$294,000 * 0.05 = $14,700
Answer:
Amount of the sales taxes is B ) $14,700.
Answer:
For Juniper Enterprises to breakeven it must sell 607 units
Explanation:
To break-even means making sales where the proceeds from sales transactions equal the amount of total costs incurred,hence no gain no loss situation.
Break-even point in units=fixed cost/contribution per unit
fixed costs incurred is $8,400
contribution per unit=selling price per unit -variable cost per unit
selling price is $28
variable cost is $16.80
contribution per unit=$28-$16.80=$11.2
0
break-even in units =$6,800/$11.2
0=607 units
Answer:
The correct answer is letter "A": Digital technology.
Explanation:
When talking about commerce, digital technology has allowed buyers and sellers from different parts of the world find and offer goods and services without the need to physically meet. The transaction also includes all the steps and efforts necessary to deliver consumers the product at the door of their houses.
Besides, digital technology has allowed consumers to express their ideas massively based on the experience they had with the digital vendors and price so other prospective consumers have an idea of the service provided by the merchant is good or if they should look for a different seller.
Answer:
2 and 4
Explanation:
Japanese worker can produce 6 units of steel or 3 televisions per hour.
Korean worker can produce 8 units of steel or 2 televisions per hour.
Opportunity cost is the cost of the lost alternative. So when the country decides to produce only televisions it has to give up on steel production. Thus, the units of steel forgone for each unit of television gained is an opportunity cost of a television.
Thus,
Opportunity cost of television for Japan = 
Opportunity cost of television for Korea = 
