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lord [1]
4 years ago
13

The economic burden of a tax:

Business
1 answer:
Olenka [21]4 years ago
3 0

Answer:

a

............!!?!!?

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Which of the following is not a category of electrical burns?
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D, thermal contact would just cause a regular burn, not an electrical one.
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Deon is opening a car wash, and he has approached SCORE, an SBA organization that assists small-business owners in setting up th
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A.) Write a business plan

Explanation:

A business plan is a docent that describes nature of the business, growth and sales strategies, and projected profits.

It is a road map that shows how a business will be set up, how it will function to meet set goals, and financial projections that demonstrates the viability of the business idea.

Deon will have to come up with a business plan that summarises his vision of setting up the car wash. On the basis of this SCORE will make a decision about helping him start the company.

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If a firm's expected growth rate increased then its required rate of return woulda. decrease.b. fluctuate less than before.c. fl
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D. possibly increase, possibly decrease, or possibly remain constant

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If a firm's expected growth rate increased then its required rate of return would possibly increase, possibly decrease, or possibly remain constant

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The Ritz-Carlton hotel offers restaurants with the finest service, elevators that run smoothly, and a front desk that processes
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The correct answer is C

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Assume that a firm separately determined inventory under FIFO and LIFO and then compared the results. a. In each dropdown that f
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Answer and Explanation:

As per the data given in the question,

a)

1.  FIFO inventory        >     LIFO inventory

(Because in case of LIFO recent purchases are considered in production first or sold first so the remaining inventory are old inventory which is less costlier.)

2. FIFO cost of goods sold     <    LIFO cost of goods sold

(Because in case of LIFO recent purchases are considered in production first which are expensive so the cost of production is greater than FIFO.)

3. FIFO net income        >    LIFO net income

(Because cost of production is less under FIFO and the value of closing inventory is high, therefore the net income is also high.)

4.  FIFO income taxes   >   LIFO income taxes

(Since, income is high in FIFO, therefore the tax under FIFO will be higher.)

b) Management would like prefer to use LIFO over FIFO in periods of rising prices because Income shown in the company's Tax return will be higher if we use FIFO rather than using LIFO.

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