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Svet_ta [14]
3 years ago
11

In 2016, Amazon began charging a 5.75% sales tax on products it sells in the District of Columbia. Holding all else constant, th

e effect of this tax would be to _____ in the District of Columbia.
Business
1 answer:
PtichkaEL [24]3 years ago
5 0

Answer:

b. decrease Amazon sales

Explanation:

Note: <em>"</em><em>Options the question is attached as picture below"</em>

In 2016, Amazon began charging a 5.75% sales tax on products it sells in the District of Columbia. If we hold all else equal, the effect of this tax would be <u>to decrease Amazon Sales</u> In the District of Columbia.

This action will consequentially increase the sales in local Market and then discourage online shopping along with it In Columbia district; it will decrease sales overall.

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A company pays all selling expenses in the month incurred. Budget information includes: Administrative salaries: $50,000; Sales
True [87]

Answer:

The Total cash disbursements for administrative expenses is $85,000

Explanation:

For computing the Total cash disbursements for administrative expenses, following equation should be used which is shown below:

= Administrative salaries + Rent on Administrative building + Miscellaneous administrative expenses

= $50,000 + $30,000 + $5,000

= $85,000

The other cost like sales commission, depreciation on store equipment is not been considered in the computation part because it is not related to the administrative expense. Hence, these cost would not be recognized.

Hence, the Total cash disbursements for administrative expenses is $85,000

4 0
3 years ago
A company has the following information. What is the financial leverage ratio? Total assets $736,000 Total liabilities 314,000 I
faltersainse [42]

Answer:

1.7441

Explanation:

Calculation to determine financial leverage ratio

Using this formula

Financial leverage ratio=Total assets/(Total assets-Total liabilities)

Let plug in the formula

Financial leverage ratio=736,000/(736,000 - 314,000)

Financial leverage ratio= 1.7441

Therefore the financial leverage ratio is 1.7441

8 0
3 years ago
You are currently spending much​ time, effort and money on your education. economists call education an investment in
frutty [35]
Human Capital
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7 0
3 years ago
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denis23 [38]

Answer:

It should be greater than $36

Explanation:

The opportunity cost of working is the amount of money sacrificed or could have earned if the individual was not working. In this case, Claire has decided to go with her friend which means that the opportunity cost of not working is less than the benefits receives from going out. Because she is not working it means that the opportunity cost of working is more than 36 dollars, which is the income she could have earned in 3 hours.

7 0
3 years ago
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"in general, when constructing a resource loading chart, one should avoid:"
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In general, when constructing a resource loading chart, one should avoid c</span>hanging the duration of the activities. 
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