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
torisob [31]
3 years ago
7

When a company recognizes a cash revenue event that is subject to state sales tax, the balance in the Cash account increases by

______ the amount of revenue.
Business
1 answer:
pshichka [43]3 years ago
8 0

Answer: more than

Explanation:

Since their is a tax rate , it will get added on to the cash which would make it MORE THAN the actual amount

You might be interested in
Latesha Moore has a choice at work between a traditional health insurance plan that pays 80 percent of the cost of doctor visits
Lelu [443]

Answer:

Consider the following calculation and analysis

Explanation:

We will analyse from cost perspective, the alternative with lower cost should be selected.

Total no. of doctor visit = 12 monthly visit + 3 times special visit = 15

Cost = 50 * 15 = $750

Under Traditional health checkup plan

Cost of plan = $ 250 + (20% of doctor visiting charges) = 250 + 20% of 750 = $400

Under HMO

Premium = 20 * 12 months = $240

Co payment = 10 * 15 = 150

Total = $ 390

There is a saving of $10 in HMO, so she should opt for this option. Moreover, the benefit of HMO would be the payments are monthly in small installments ,rather than a big outflow as in the case of traditonal plan.

6 0
3 years ago
See Table 2.5 LOADING... showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco had purchased add
RoseWind [281]

Answer:

The net impact on the income will be 2,795,000 each year

Explanation:

The purchase will generate the followng:

4.3 depreciation expense

and a tax shield, as this expense decrease the net income:

depreciation x tax-rate = tax-shield

4.3 x 35% = 1.505 millions

total impact on net income:

depreciation expense - tax shield

4.3 - 1.505 = 2.795‬ millions net impact

4 0
3 years ago
Suppose you are trying to understand the effect that an increase in the price of grapes will have on the market for wine.
NemiM [27]

Answer:

The correct answer is option d.

Explanation:

The most effective model to understand the effect of change of a variable on other variable is by assuming other factors to be constant. This simplifies the model and helps in easily understanding the relationship between the two variables.  

Though the assumption of other things being constant does not apply in the real world, it is still used as otherwise change in other factors would complicate the model. If several factors change it would be difficult to understand the relationship between variables.  

Here, to study the effect of change in the price of grapes on the market for wine, it is necessary to assume other factors such as income, consumer preferences, etc to be constant.

4 0
3 years ago
Outsourcing some production is a means of supporting a constraint. Group of answer choices TRUE FALSE
lesya692 [45]

It is a false statement that outsourcing some process in production is a means of supporting a constraint.

<h3>What is an outsourcing?</h3>

An outsourcing refers to act of hiring external body to perform services that are normally performed in-house of the company by the employees.

Rather, the use of outsourcing some of production is intended to overcome some organization constraints.

Therefore, the statement is false.

Read more about outsourcing

<em>brainly.com/question/4456416</em>

3 0
2 years ago
Qiang is a project manager at Enigma Industries and is able to borrow specialists from the organization on a regular basis to as
Alenkasestr [34]

Answer:

matrix organizational structure

Explanation:

When a company works under a matrix organizational structure, specialists from different parts of the organization are brought together on a temporary basis to work on specific projects. It is common for employees to report to both a functional manager (traditional manager) and a product manager (project manager).

3 0
3 years ago
Other questions:
  • If 99 million people are working and 1 million are unemployed but actively seeking work, then the unemployment rate is ________.
    14·1 answer
  • Starlite Industries will need $2.2 million 4.5 years from now to replace some equipment. Currently, the firm has some extra cash
    6·1 answer
  • Bailey Company uses a periodic inventory system and its inventory records contain the following information: Units Total Cost Be
    6·1 answer
  • The two types of utilitarianism are _____ and _____ . primary; secondary causal; superfluous consideration; evoked proactive; re
    6·1 answer
  • Given the following cost and activity observations for Smithson Company’s utilities, use the high-low method to calculate Smiths
    14·1 answer
  • Devonshire, Inc. sold merchandise inventory on account at a price of $6,000 with payment terms of 2/10, n/30. The merchandise co
    9·2 answers
  • Here, the rod has a diameter d of 16 centimeters. The length from point A to point B, LAB, is 2 meters, and the length from poin
    15·1 answer
  • You are considering a project in Norway with an initial cost of NKr135,000. The project is expected to return a one-time payment
    7·1 answer
  • Bulluck Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct
    13·1 answer
  • Perpetual Life Corp. has issued consol bonds with coupon payments of $50. (Consols pay interest forever and never mature. They a
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!