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2 years ago

governments that are interested in minimizing the efficiency costs of taxation should only tax goods where

Business

2 answers:

lisov135 [29]2 years ago

6 0

Answer:

Governments that are interested in minimizing the efficiency costs of taxation should only tax goods where demand or supply, or both, are relatively inelastic.

Explanation:

hope this helps

Scorpion4ik [409]2 years ago

4 0

If a government is interested in minimizing the efficiency cost of taxation, they should only tax goods where the demand, supply, or both are relatively inelastic. If the price is elastic, then the tax could change the efficiency of the cost. Remember, prices that are inelastic are harder to change, while elastic prices are easier to effect through things such as taxes.

I hope this helps! :)

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On June 1, 2019, the City of Allentown, PA issued at par, a ten-year, 5.5%, $5,000,000 in serial bonds, with interest payable se

yKpoI14uk [10]

Answer and explanation:

<em>Check the attached file for a well formatted answer</em>

1 December 1, 2017 entry in Debt service fund

Expenditure-Bond Interest $137,500

Cash $137,500

Semiannual interest rate = 5.5%/2 = 2.75%

Interest = $5 million x 2.75% = $137500

2 December 1, 2017 entry in government wide level

Expenses-Interest on long term debt $137,500

Cash $137,500

3 December 31, 2017 entry in the government-wide level

Expenses-Interest on long term debt $22,917

Accrued Interest payable $22,917

1 month accrued interest on bond = ($5 million x 5.5%)/12 =$22917

4 June 1, 2018 entry in Debt service fund

Expenditure-Bond principal $500,000

Expenditure-Bond interest $137,500

Cash $637,500

Due from General fund $637,500

5 June 1, 2018 entry in government-wide level

Expenses-Interest on long term debt $137,500

Serial Bonds Payable $500,000

Cash $637,500

6 December 1, 2018 entry in Debt service fund

Expenditure-Bond Interest $123,750

Cash $123,750

Semiannual interest rate = 5.5%/2 = 2.75%

Interest = $4.5 million x 2.75% = $123750

7 December 1, 2018 entry in government wide level

Expenses-Interest on long term debt $123,750

Cash $123,750

8 December 31, 2018 entry in the government-wide level

Expenses-Interest on long term debt $20,625

Accrued Interest payable $20,625

1 month accrued interest on bond = ($4.5 million x 5.5%)/12 =$20625

3 0

3 years ago

Your company purchases $50,000 of inventory from a wholesaler who allows you 45 days to pay. In addition, the wholesaler offers

STatiana [176]

Answer:

C. 3/12, n/45

Explanation:

These payment terms would be expressed as : 3/12, n/45.

This is because :

3/12 means 3 % discount is granted if payment is made within 12 days.
n/45 means supplier allows customer to pay within 45 days in total.

7 0

2 years ago

Which controls almost all of the media industry?

icang [17]

A few large companies

8 0

3 years ago

Read 2 more answers

What is Location? Explain the factors affecting location decision.

Mazyrski [523]

Answer:

hope this helps

Explanation:

The main factors that affect location decisions include regional factors, community considerations, and site-related factors. Community factors consist of quality of life, services, attitudes, taxes, environmental regulations, utilities, and development support.

3 0

2 years ago

Estee Lauder Co.now sells most of its flagship products directly online. This choice, made around 2000, resulted in substantial

mario62 [17]

Answer: Vertical Supply Channel Conflict

Estee Lauder Co.now sells most of its flagship products directly online. This choice, made around 2000, resulted in substantial __________ with the various high-end retailers.

Horizontal supply chain conflict.

Vertical supply chain conflict.

Vertical channel dissonance.

Contract re-negotiations.

Explanation:

Vertical Supply Channel Conflict occurs between members of different supply channel levels. For example, between a manufacturer and a wholesaler or between a wholesaler and a retailer.

This is the type of conflict that arose from Estee Lauder's decision to sell online directly to customers.

Horizontal Supply Channel Conflict occurs between members of the same channel level. An example is two retailers selling the same brand in the same shopping mall.

6 0

3 years ago