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3 years ago

If the government removes a tax on a good, then the price paid by buyers will

Business

1 answer:

lakkis [162]3 years ago

7 0

Answer:

A tax on a good raises the price buyers pay, lowers the price sellers receive, and reduces the quantity sold. ... When a good is taxed, the side of the market with fewer good alternatives cannot easily leave the market and thus bears more of the burden of the tax.

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Shauna wants to buy a house and plans to rent the apartment located in the basement for extra income. The house has a purchase p

Anastaziya [24]

Answer:

B. $700

Explanation:

I took the quiz

8 0

3 years ago

During 2021, Sysco Corp. had 950,000 shares of common stock and 100,000 shares of 7% preferred stock outstanding. The preferred

solong [7]

Answer:

c. $6.03

Explanation:

Earnings available to common shareholders

Net Income $6,000,000

Less: Preference dividend $200,000

Net Income available to common shareholders $5,800,000

Number of Common shares = 950,000

Equivalent common shares for convertible 5% Bonds = 10,450. [Number of bonds = 2,100,000/1,000 = 2,100 shares. Equivalent common shares = 2,100 * 5 = 10,500 shares]

Weighted average number of common shares outstanding = 950,000 + 10,500 = 960,500

Earnings per share = Earnings available to common shareholders / Weighted average number of common shares outstanding

Earnings per share = $5,800,000 / 960,500

Earnings per share = 6.038521603331598

Earnings per share = $6.04

8 0

3 years ago

Mary kay, avon, and other cosmetic manufacturers produce and market their products on a worldwide basis including countries like

Nina [5.8K]

Beauty and cosmetics

6 0

3 years ago

When conducting a swot analysis, budgets, ratios, and sales reports can be used to identify:?

Amanda [17]

The answer to this question is Company strengths and weaknesses.
In this context, company strength refers to all the factors that make the company stand out among other competitors in the market (such as good products, fame, good researchers, etc)
The weakness, on the other hand, refers to something that needed to be taken care of if the company want to win the competition in the market. (such as huge debt ratio, scandals, etc)

5 0

3 years ago

Madison Corporation reported taxable income of $400,000 in 20X3 and accrued federal income taxes of $136,000. Included in the co

kap26 [50]

Answer:

A) $424,000

Explanation:

Madison Corporation's current earnings and profits for 20x3 would be:

reported taxable income - accrued federal income taxes + regular depreciation - E&P depreciation + net capital loss carryover =

$400,000 - $136,000 + $200,000 - $60,000 + $20,000 = $424,000

5 0

3 years ago