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3 years ago

What is a federal and/or state tax on specific goods like gasoline, tires, airfare, or cigarettes?

2 answers:

amm18123 years ago

8 0

An excise tax is a federal and/or state tax on specific goods like gasoline, tires, airfare, or cigarettes. Excise taxes are most always included in the price of the product.

JulijaS [17]3 years ago

7 0

excise tax, which is a federal and/or state tax on specific goods such as gasoline, tires, airfare, and cigarettes.

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The basic distinction between a primary and a secondary market is a. proceeds from sales in the primary market go to the current

zavuch27 [327]

Answer:

c. Only new securities are sold in the primary market.

Explanation:

Primary markets is where securities are sold for the first time. Secondary market is a place (physical o virtual place) where securities are renegociated.

As an example, think about a company which is increasing its capitalization and wants to emit new stocks: it would do it in the primary market.
On the other hand, if some of the members of the company wantsto buy more stocks from that company, unless the company is emiting new stocks, he or she would have to buy the stocks in the secondary market.

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3 years ago

Assume that your grandmother wants to give you generous gift. She wants you to choose which one of the following sets of cash fl

Finger [1]

Answer:

The best option is Option A.

Explanation:

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4 years ago

The production department should generally be responsible for materials price variances that resulted from:

Romashka-Z-Leto [24]

Answer:

c. rush orders arising from poor scheduling.

Explanation:

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3 years ago

Jamesway Corporation has two separate divisions that operate as profit centers. The following information is available for the m

Nookie1986 [14]

Answer:

White Division Gross Profit = $72,200

Grey Division Gross Profit = $247,700

Explanation:

White Division Grey division

Sales (net) $270,000 $540,000

Less: Cost of goods sold $135,000 $202,500

Gross Margin $135,000 $337,500

Less: Salary Expenses $37,800 $64,800

Rent $25,000 $25,000

Gross Profit $72,200 $247,700

The White Division occupies 25,000 square feet in the plant. The Grey Division occupies 25,000 square feet. Hence, the rent expenses will be shared equally. Rent = $50,000 hence, both division will pay $25,000 each for rent

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3 years ago

X Company is preparing its IPO prospectus and is informed by its attorneys that the company needs to discuss the board's role in

Rom4ik [11]

Answer: This discuss would be best placed within the section of the prospectus known as the management section.

Explanation:

The management section in the prospectus has the information regarding the management team biography and the key people in the company. The board's role in risk oversight is through developing policies to build strategies that are consistent with risk ability of the X Company.

Enterprise risk management is a strategy that helps is preventing the company from any hazards. ERM has its effect on the operations of the company so the Board plays a major role in managing ERM.

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3 years ago