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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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Which of the following types of value chain processes directly creates and delivers goods and services to customers?
ddd [48]

Answer:

option D

Explanation:

the correct answer is option D

in a chain process which directly creates and delivers goods and services to the customer is known as a Core process.

Support process does not create any product or services it only assists in the execution of the process.

management process deals with planning, organizing and controlling.

hence, the correct answer is Core process.

7 0
3 years ago
Presented below are three revenue recognition situations. (a) Groupo sells goods to MTN for $901,000, payment due at delivery. (
LekaFEV [45]

Answer:

Groupo

Transaction Price                 When Revenue should be recognized

a. $901,000                          the delivery date

b. $879,000                          the sales date

c. $443,000                          the sales date

c. $37,000                            in the period interest is earned.

Explanation:

1) Data and Analysis:

a. Delivery date: Cash $901,000 Sales Revenue (MTN) $901,000

b. Sales date: Accounts receivable (Grifols) $879,000 Sales Revenue $879,000

c. Sales date: Accounts receivable (Magnus) $480,000 Sales Revenue $443,000 Deferred Interest Revenue $37,000

2) According to the IFRS 15 and ASC 606, Revenue from Contracts with Customers, revenue should be recognized when performance obligations have been met.

8 0
3 years ago
Lincoln has used a piece of land in her business for the past five years. The land qualifies as §1231 property. It is unclear wh
Mashcka [7]

Answer:

Explanation Below.

Explanation:

By Selling the property, the company gains cash from the sale, and also has been using the land for the business.

Land does not depreciate in accounting terms, however, it will depend on the market value of the land. In most cases the land will appreciate and have a greater value each year.

When the accountant states that selling the asset gives the seller "the best of both worlds" the accountant is referring to selling the land for a greater value than purchased and now the cash can be used to purchase another asset that will also bring value to the company.

5 0
3 years ago
Productivity may best be defined as
AleksandrR [38]
<span>The answer is C. Productivity is the ratio of outputs to inputs. This answer is correct because productivity is a measure of efficiency, and is not a measure of quantity, profit (revenue), or quality. Productivity is the measure of effectiveness in converting inputs to outputs.</span>
3 0
2 years ago
Read 2 more answers
Jeff is an entrepreneur who decided to start an online bakery. Since all his business will be done online and he can bake in his
nekit [7.7K]

Answer:

competition                  

Explanation:      

In simple words, competition refers to the tendency of two or more parties to perform better than one another for the sake of own personal benefits. In business, competition can be done from various perspectives like price or quality.

In the given case, Jeff has been producing at a lower cost but despite of earning high profits he is willing to sell for lower prices with the motive of competing in the market and gaining higher market share.

6 0
2 years ago
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