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2 years ago

Taxes are costly to market participants because they

1 answer:

5 0

Considering the available options, Taxes are costly to market participants because All of the above is correct.

This is evident in that taxes are costly to market participants because they "transfer resources from market participants to the government."

The resources here are capital resources which come in the form of money.

Also, taxes are costly to market participants as it alters the incentives to buy or conduct business.

Again, taxes are costly to market participants because they alter or affect the market outcomes.

Hence, in this case, it is concluded that the correct answer is option D. "All of the above is correct."

Learn more here: brainly.com/question/19374874

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This is a receipt for a purchase made at a restaurant in

zepelin [54]

Answer:

10.00 , .85 , 8.5

Explanation:

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3 years ago

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AnnZ [28]

Answer:
INCREASE
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2 years ago

A $30,000 note payable is retired at its $30,000 carrying (book) value in exchange for cash. The only changes affecting retained

netineya [11]

Answer:

Ikiban Inc.

Statement of Cash flows

For the Year Ended June 30, 2017

Cash flow from operating activities:

Net income $117,510

Adjustments to net income:

Depreciation expense $67,600
Decrease in inventory $27,200
Decrease in prepaid expenses $1,900
Increase in accounts receivable ($18,500)
Gain from sale of equipment ($3,000)
Decrease in accounts payable ($9,500)
Decrease in wages payable ($9,900)
Decrease in taxes payable ($2,800) $53,000

Net cash flow from operating activities $170,510

Cash flow from investing activities:

Purchase of new equipment ($67,600)

Disposal of old equipment $13,500

Net cash flow from investing activities ($54,100)

Cash flow from financing activities:

Issuance of common stock $69,000

Retirement of note payable ($30,000)

Distributed dividends ($106,310)

Net cash flow from financing activities ($67,310)

Net cash increase $49,100

Cash balance June 30, 2016 $53,000

Cash balance June 30, 2017 $102,100

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3 years ago

The University Store, Inc. is the major bookseller for four nearby colleges. An income statement for the first quarter of the ye

Effectus [21]

Answer: $30,000

Explanation:

Sales are $800,000 and the average price is $40. Number of units sold is;

= 800,000/40

= 20,000 units

Sales $ 800,000

Less: Cost of Goods Sold ($560,000)

Gross Margin $240,000

Less : Variable Costing

Selling Expenses (20,000 units X $3.00) ($60,000)

Administrative Expenses (5% of $ 800,000) ($40,000)

Contribution Margin $140,000

Less: Fixed Cost

Selling Expenses ($100,000 - $60,000) ($40,000)

Administrative Expenses ($110,000 -$40,000) ($70,000)

Net Operating Income  $30,000

3 0

3 years ago

A company's sales budget indicates the following sales:

Ilya [14]

Answer:

26500.

Explanation:

Given: Sales of January, February and March.

Beginning inventory is 12000.

Company´s ratio of inventory to future sales is 45%.

Formula; unit to be produced= $(\textrm{ next month budgeted sales + present months sales budget- beginning inventory})$

First step: finding February´s budgeted sales

Next months (February) budgets sales= $\frac{45}{100} \times 30000= 13500.$

Now, putting values in the formula to find unit to be produced.

Unit to be produced in January= ( $(13500 + 25000 - 12000)= (38500 - 12000)$

∴ Unit to be produced in the month of January is 26500.

4 0

3 years ago