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3 years ago

Why do we need to suffer from taxes

Business

2 answers:

Kruka [31]3 years ago

7 0

Answer:

because it is very important so we can know the answere

scoray [572]3 years ago

3 0

Answer: In addition to paying the salaries of government workers, your tax dollars also help to support common resources, such as police and firefighters. Taxes fund public libraries and parks. Taxes are also used to fund many types of government programs that help the poor and less fortunate, as well as many schools! Taxes are important to federal, state, and local governments. They are the primary source of revenue for the corresponding level of government and fund the activities of the governmental entity.

Explanation:

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Cashier's checks Checks Question 5 0/1 pts If Sid Inc. has net sales of $750,000, sales on account of $600,000, and sales return

IRINA_888 [86]

Answer:

Option A,$72000

Explanation:

Bad debt expense is computed on the net credit sales amount, in other words, the bad debt expense is 12% of credit sales of $600,000.

Bad debt expense=$600,000*12%

=$72000

Option C is wrong because the answer was arrived at by calculating 12% of $750,000 the net sales amount that also has cash sales of $150,000 included in it($750000-$600000)

Option B is wrong as the amount of sales returns and allowances of $50,000 was deducted from $600,000 prior to applying 12% allowance for bad debt

7 0

3 years ago

Wheeler Company can produce a product that incurs the following costs per unit: direct materials, $11.00; direct labor, $25.00,

Oksi-84 [34.3K]

Answer:

$3.20 per unit

Explanation:

In this question, we have to compare the cost between two cases

In the first case, the total cost per unit would be

= Direct materials per unit + direct labor per unit + overhead cost per unit

= $11 + $25 + $17

= $53

In the first case, the total cost per unit would be

= Purchase price + overhead cost

= $48.55 + $17 × 45%

= $48.55 + $7.65

= $56.20

So, the difference would be

= $56.20 - $53

= $3.20 per unit

3 0

3 years ago

Firms pursuing a ________ strategy focus on the realization of location and experience curve economies.

Kazeer [188]

Firms pursuing a global standardization strategy focus on the realization of location and experience curve economies.

<h3>What is a global standardization strategy?</h3>

The capacity to apply standardized marketing messaging and campaigns across markets, regions, and cultures is referred to as a global standardization strategy. Global standardization is used by the world's largest brands, such as Adidas and Coca-Cola, to offer a consistent brand experience across countries and languages.

For example, the Coca-Cola Company uses global standardization in marketing by keeping the product's presentation largely consistent throughout markets. Even though several languages are shown on the items, the corporation uses the same design motif.

These advantages include cost reduction, international price reduction, competitive decrease, market position consolidation, and promotion of a distinct international image.

To know more about global standardization strategy follow the link:

brainly.com/question/17159333

#SPJ4

8 0

2 years ago

Economists assume that the only reason people take the actions they do is in response to economic incentives.

kvasek [131]

Answer:

The correct answer is letter "B": False.

Explanation:

Economic incentives are the factors that drive people to react in a certain form. It allows individuals to go after their preferences. However, external factors can also push people to act in one way or another. Those factors could be inflation, low job opportunities or unplanned major events like war.

3 0

3 years ago

At the beginning of Year 1, Copeland Drugstore purchased a new computer system for $270,000. It is expected to have a five-year

gogolik [260]

Answer:

Depreciation Straight Line Expense= 230,000/5= $ 46,000

Explanation:

Depreciation Straight Line Method= Cost - Salvage Value/ Useful Life

Depreciation Straight Line Method= $270,000- $40,000/5

Depreciation Straight Line Method= 230,000/5= $ 46,000

As it is straight line depreciation each year the depreciation expense will be the same . It will not change and hence will be $ 46,000

Straight Line Rate= 100%/ useful Life= 100%/5 = 20%

Double Declining Method = 2 * Straight Line Rate

Double Declining Method = 2 * Straight Line Rate= 2*20%= 40%

Year Book Value Dep Rate Dep Expense Accu. Dep. Book Value

1 $ 270,000 40% $ 108,000 108,000 162,000

2 $ 162000 40% 64,800 172,800 97,200

3 97,200 40% 38,880 211,680 58,320

4 58,320 40% 23328 235,008 34,992

5 32,992 40% 13997 249,005 20,995.2

3 0

3 years ago