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Nimfa-mama [501]
2 years ago
10

First, briefly explain the difference between direct and indirect taxation, and give an example of each. Then, define the three

types of taxation that determine the rate people pay: proportional, progressive, and regressive. (4 points)
Business
2 answers:
Gelneren [198K]2 years ago
4 0

Answer:

it has other price po if u said like 1 pesos for 1 piece

Explanation:

stick o has a true price in the market but u can allow others to buy it for 1 pesos in 1 piece

Aleks04 [339]2 years ago
3 0

Answer:

Direct taxes: These taxes have to be paid directly to the government and cannot be transferred to anyone else. Different acts govern these taxes.

Indirect taxes: These taxes are imposed on all the goods and services, and not on income and profits. It is collected by a retail store or an intermediary from the consumer or one bearing the ultimate burden of the tax.

Explanation: position Imposed on income or profits(direct) Imposed on goods and services

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This information relates to Hanshew Real Estate Agency.
Molodets [167]

Answer and Explanation:

a. The Journal entry is shown below:-

1. Cash Dr, $35,000

      To common stock $35,000

(Being received cash in exchange of common stock is recorded)

2. No Journal entry is required

3. Equipment Dr, $3,500

      To Accounts payable $3,500

(Being equipment is recorded)

4. Accounts receivable Dr, $10,000

    To service revenue $10,000

(Being service revenue is recorded)

5. Cash Dr, $140

     To Service revenue $140

(Being Cash is recorded)

6. Accounts payable Dr, $700

       To Cash $700

(Being accounts payable is recorded)

7. Salaries and wages expenses Dr, $3,000

      To Cash $3,000

(Being Salaries and wages expenses is recorded)

b. The transaction of T accounts is shown below:-

                          Cash

Oct 1       $35,000        Oct 27     $700

Oct 10     $140               Oct 30     $3,000

Oct 31      $31,440

                        Accounts receivable

Oct 6        $10,000

Oct 31       $10,000

                           Equipment

Oct 3         $3,500

Oct 31        $3,500

                        Accounts payable

Oct 27       $700                Oct 3     $3,500

                                          Oct 31     $2,800

                       Common stock

                                          Oct 1      $35,000

                                          Oct 31     $35,000

                           Service revenue

                                         Oct 6       $10,000

                                         Oct 10      $140

                                         Oct 31       $10,140

                           Salaries and wages revenue

Oct 30     $3,000

Oct 31      $3,000

3 0
3 years ago
Being able to ________ is a key benefit for those who study management. Multiple Choice relate to their managers and deal with o
Arlecino [84]

Answer:

relate to their managers and deal with organizations from the outside

Explanation:

When you study management, you will understand the type of strategic planning that the company could implement along with the way the manager have to enforce the plan.

By having this information, you can have better understanding on what the managers want from you and act accordingly in order to win their favor. This will benefit you greatly if you want to rise in the corporate rank.

On top of that, knowledge in management also grant you with the ability to predict the plan of your competitors' management team. You can adjust your plan to counter this plan and win the competition in the market.

7 0
3 years ago
g In a very long run situation, monopolies earn: a. an economic profit of 1%. b. an economic profit of 100%. c. an economic prof
egoroff_w [7]

Answer:

 b. an economic profit of 100%.

Explanation:

A monopoly is when there is only one firm operating in the industry. There are high barriers to entry of firms in a monopoly. Profit is maximised where MR = MC.

Economic profit is affected by the entry or exit of firms into the industry in the long run. Due to the high barriers to entry, a monopoly earns economic profit in the long run.

I hope my answer helps you

5 0
3 years ago
Eleven uses performance management for administrative purposes. The administrative purposes focus on issues such as
andrew11 [14]

It focus on issues such as determining who will be getting raises in administrative purposes .

<h3>Administrative purposes </h3>

Administrative purposes means any purpose necessary for the operation and proper functioning of the administrative, educational and medical services carried out by an approved developer in a zone.

Administrative purposes include administrative issues, including the working of the corporations, funding from the State government, disbursement of counsillor funds and shortage of staff, got about two to three times more attention than solid waste management, education and health.

Learn more about administrative purposes here:

brainly.com/question/11671451

#SPJ4

6 0
2 years ago
In unregulated monopoly: a consumers are confronted with a price that is lower than marginal cost. b consumers are confronted wi
dsp73

Answer:

c. because P > MC, a basic condition for efficiency is violated.

Explanation:

An unregulated monopoly is a market in which monopoly holders have control over goods and services, giving them the ability to do whatever they like. Under unregulated monopoly, having a free market is impossible as price gouging is always evident.

In unregulated monopoly a basic condition for efficiency is violated because price is greater than marginal cost (P > MC).

Where P is the price and MC is the marginal cost of goods.

3 0
3 years ago
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