1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ohaa [14]
2 years ago
9

What happens if you fail to pay your annual taxes?

Business
1 answer:
aleksklad [387]2 years ago
7 0

Answer and Explanation:

Simply enough, the IRS comes for you and charges a failure to pay penalty. The penalty is 0.5% of your previous unpaid taxes for every month. So if you wouldn't want to lose more money, I'd suggest you pay your taxes.

You might be interested in
Game theory is:A. a strategy that requires cooperation when multiple parties are involved.B. a methodology to accomplish winning
Makovka662 [10]

Answer:

C. the study of strategy and strategic behavior.

Explanation:

Game theory is the study of strategy and strategic behavior. It is assumed that the parties involved are rational. The payoff of a player of a game is determined by the actions of others in the game.

A popular example of game theory is the prisoners dilemma.

A game theory can involve more than two players.

An example of prisoners dilemma:

There are two prisoners - if both confess to a crime, they both get 5 years in prison. If both prisoners don't confess they are set free. If one confess and the other doesn't, the prisoner that confesses 2 years in prison while the other prisoner that didn't confess gets 10 years in prison.

The dominant strategy which is the best option for the prisoner regardless of what the other prisoner does is to confess.

The Nash equilibrium is for both prisoners to defect.

I hope my answer helps you

6 0
2 years ago
In a small open economy, starting from a position of balanced trade, if the government increases the income tax, this produces a
aniked [119]

Answer:

Trade Surplus and positive net Capital flow

Explanation

5 0
3 years ago
As the owner of La Boulangerie Bakery in Baton Rouge, Louisiana, you have a devoted clientele savoring your delicacies. Your sal
Mice21 [21]

Answer:

La Boulangerie Bakery,

Baton Rouge,

Louisiana, U.S.A

25th April, 2021

Dear esteemed customers,

I bring to you an unpalatable news about the changes that would be initiated in our business approach to our customers.

As you can bear witness to, there has been a drastic increase in the cost of doing business in our industry with the notable changes being in the wheat used in producing our confectioneries, the sugar as well as the rising cost of transportation to various customers' locations.

Taking this into account, our company decided to introduce a flat rate delivery cost of $20 irrespective of the location of our customers. This would help us to minimize our production cost. Inorder to also consider our customers, there is a free 20 pieces cake (box) offered to every customer who buys 50 box of each product. This means, 50 box of cupcakes earns you one box free, 100 box cupcake purchase earns you 2 free boxes.

I do hope you would understand our challenges as a company and bear with us regarding to this delivery charge introduction.

Sincerely,

Maris Albert (For the company)

Explanation:

3 0
3 years ago
You are planning a store on a large lot. Your budget only allows for 800 linear feet of walls. What is the maximum square
Galina-37 [17]

Answer:

The correct solution is "40,000 sq/ft".

Explanation:

The given value is:

Feet of walls

= 800 ft

Sides,

= 4

Now,

The square store will be:

= \frac{800}{4}

= 400 \ ft

The max footage of square will be:

= 400\times 100

= 40,000 \ sq/ft

8 0
3 years ago
The financial statements of the Pharoah Company report net sales of $372000 and accounts receivable of $56400 and $27600 at the
snow_lady [41]

Answer:

the average collection period for accounts receivables is 41.2 days

Explanation:

Average Collection Period measures the amount of time it takes to collect credit from accounts owing.

Average Collection Period = Average Accounts Receivables / (Sales/365)

                                            =(($27600+ $56400)/2) / ( $372000/365)

                                            = $42,000/1019.178082

                                            = 41.20967742

                                            = 41.2 days

                             

8 0
3 years ago
Read 2 more answers
Other questions:
  • Matthew Liotine‘s Dream Store sells beds and assorted supplies. His best-selling bed has an annual demand of 400 units.Ordering
    7·1 answer
  • During the year, a corporation declares a dividend and subsequently distributes to a stockholder $15,000 in cash and a bond with
    5·1 answer
  • The cost principle is the basis for entering the purchase price into the accounting records.a. Trueb. False
    10·1 answer
  • A price floor reduces the amount of a product that consumers buy because it keeps the price above the competitive market equilib
    10·1 answer
  • An in-depth understanding of ethics is important to the long-term viability of a business because unethical decisions will negat
    7·1 answer
  • Cody Parker is a senior manager who is evaluating four possible projects (A, B, C, and D). Cody can fund any project in part or
    11·1 answer
  • Derick wants to purchase an existing business in the service industry. However, he does not want to use the traditional sources
    11·2 answers
  • Yasmin listed a house at a 6% commission rate, and it just sold for $463,500. Her brokerage and the buyer’s agent’s brokerage sp
    5·1 answer
  • You are borrowing money to buy a car. If you can make payments of $320 per month starting one month from now at an interest rate
    10·1 answer
  • Who is the latest president of America?​
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!