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Alex777 [14]
3 years ago
7

besides raising revenue, what is another important use of excise taxes? a. increasing traffic fines b. eliminating corruption in

many corporations c. encouraging the use of agricultural products d. discouraging the use of products like alcohol and tobacco
Business
2 answers:
Monica [59]3 years ago
7 0

Answer:

d

Explanation:

stepladder [879]3 years ago
5 0

Answer:

D.

discouraging the use of products like alcohol and tobacco

Explanation:

Excise taxes can be regarded as taxes that are been paid after purchasing a particular goods such as gasoline, it is also extended on activities like usage of high ways.. It should be noted that besides raising revenue, discouraging the use of products like alcohol and tobacco is another important use of excise taxes.

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During 2020, Concord Corporation acquired a mineral mine for $3700000 of which $395000 was ascribed to land value after the mine
Ivanshal [37]

Answer:

$429,650

Explanation:

Cost of Mineral Mine             $3,700,000

Less: Ascribed Land Value   <u>$395,000</u>

Depletionable Value             <u>$3,305,000</u>

No of units can be extracted from Mine = 10,000,000 units

No of units Sold = 1,300,000 units

Depletion Value = $3,305,000/10,000,000 * 1,300,000

Depletion Value = $429,650

6 0
3 years ago
Setterstrom Company established a petty cash fund on May 1, cashing a check for $100. The company reimbursed the fund on June 1
topjm [15]

Answer:

Following are the journal entries for Setterstrom Company;

<u>May 01</u>

Debit: Petty cash  = $100.00

Credit: Cash = $100.00

<u>Jun 01 </u>

Debit: Delivery Expense  = $31.25

Debit: Postage Expense  = $39.00

Debit: Miscellaneous Expense  = $25.00

Debit: Cash over/short (Balance amount)  = $3.00

Credit: Petty Cash ($100 - $1.75)  = $98.25

<u>Jul 01</u>

Debit: Delivery expense  = $21.00

Debit: Entertainment expense = $51.00

Debit: Miscellaneous expense = $24.75

Credit: Petty Cash ($100 - $3.25) =  $96.75

<u>Jul 10 </u>

Debit: Petty cash  = $30.00

Credit: Cash = $30.00

8 0
3 years ago
Serenity accepted a position with Creative Concepts in Houston, Texas. Before her first day, she felt uneasy as she was new to t
ruslelena [56]

Answer:

A. Social needs

Explanation:

Social need is an individual need to have a relationship with others. It involves socialization with one's environment and society. According to Maslow hierarchy of needs, the social need comes after an individual psychological and safety need as been accomplished. Social needs involves making friends, finding love, having lots of intimacy and various series of connections with other individuals. By been able to make new friends and understand her city, the new job seemed to satisfy Serenity need for social relationships and interactions.

6 0
3 years ago
This is science ฅ^•ﻌ•^ฅ
Yuki888 [10]

\color{red}{==========================}

\sf\huge\underline\red{ANSWER}

Is the sun a star?

  • A. Yes

  • ᴇxᴘʟᴀᴛɪᴏɴ ɪs ᴏɴ ᴀᴛᴛᴀᴄʜᴇᴅ ᴘʜᴏᴛᴏ

sᴏʀʀʏ ɪᴛ ʀᴇᴀʟʟʏ sᴀɪᴅ ɪ ʜᴀᴠᴇ ʀᴜᴅᴇ ᴡᴏʀᴅs

\color{red}{==========================}

✍︎✰ᴍᴀᴛʜᴅᴇᴍᴏɴǫᴜᴇᴇɴ✰

✍︎☮︎ᴄᴀʀʀʏᴏɴʟᴇᴀʀɴɪɴɢ☮︎

8 0
2 years ago
The money you pay for an insurance policy is called your
Aleonysh [2.5K]

Answer: Insurance premium

Explanation:

4 0
2 years ago
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