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LiRa [457]
3 years ago
8

What are the features of direct tax​

Business
1 answer:
sesenic [268]3 years ago
3 0

Answer:

Advantages of Direct Taxes.....

:) Promotes equality. ...

:) Promotes certainty. ...

:) Promotes elasticity. ...

:) Saves time and money.

Explanation:

hope it was helpful....

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Which of the following are residents of rich countries likely to have in greater quantities, or better quality, than residents o
icang [17]

Answer:

(D) All of the above

Explanation:

Residents of rich countries are likely to have housing, healthcare and life expectancy in bigger quantities and better quality than residents of poor countries

3 0
4 years ago
A sales manager learns of the new specifications for the latest TITAN. How does she know if it is permissible to tell a customer
WARRIOR [948]

Answer:

• If the information has been made public

• If Nissan gives a written permission to discuss the information

Explanation:

From the question, we are informed that a sales manager learns of the new specifications for the latest TITAN. To know if it is permissible to tell a customer about them, she'll have to find out whether the information regarding the titan has been made public and also if Nissan has given a written permission to discuss the information.

8 0
3 years ago
Arundel Company uses percentage of sales to estimate uncollectibles. At the end of the fiscal year, December 31, 2018, Accounts
oksano4ka [1.4K]

Answer:

The dollar amount that should be credited to Allowance for Uncollectible Accounts at year end is $ 12,100

Explanation:

Providing allowance for doubtful debts

A provision is made for the debts which are likely to be uncollectable by a company.This amount is used to adjast the Trade Receivable balances to show a faithful representation of assets a beusiness has at end of year.

Calculations

<em>December 31, 2018 Arundel Company`s Allowance for Doubtful debts is calculated as follows</em>

Credit Sales × % of allowed provision

$805,000 × 2.0%

$16,100

<em>Adjastment to be done in Allowance for Doubtful Debts Account:</em>

<em>Hint : Open Allowance for Doubtful Debts T Account:</em>

<u>Credits :</u>

Opening Balances 4,000

Balancing Figure (Profit and Loss) 12,100

Totals 16,100

<u>Debit:</u>

Closing Balance 16,100

Totals 16,100

5 0
3 years ago
Read 2 more answers
A country currently has an outstanding debt of $45 billion. Its current-year expenditures are $12 billion and its tax revenue is
zhannawk [14.2K]

Answer:

Answer is B

there will be budget surplus= 14-12= $2 billion

as we have surplus we can divert this amount to pay out the debt so debt will reduce by 2 billion and remaining debt will be of $ 43 billion

6 0
3 years ago
Read 2 more answers
Treasury stock​ ________. A. decreases the number of shares issued B. increases the number of shares outstanding C. increases th
arsen [322]

Answer:

Correct option is (D)

Explanation:

Treasury stock refers to that part of  shares outstanding held by the investors that is bought back by the organization. As such, treasury stock decrease the number of shares outstanding.

Shares outstanding refers to the total number of shares held by investors currently. Difference between issued and shares outstanding represent treasury stock. It reduces both cash (asset) and total stockholder's equity of an organization.

5 0
4 years ago
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