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marissa [1.9K]
2 years ago
5

Why are citizens punished with sin taxes​

Business
1 answer:
horrorfan [7]2 years ago
5 0

Answer:

Sin taxes are typically added to liquor, cigarettes, and goods that are considered morally hazardous. Because they generate enormous revenue, state governments favor sin taxes. ... The sin tax seeks to reduce or eliminate consumption of harmful products by making them more expensive to obtain

Explanation:

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Nadell Corporation reported the following data for the month of AprilInventory Beginning Ending Raw Materials $30,000 $32,000 Wo
jeyben [28]

Answer:

COGS= $181,000

Explanation:

Giving the following information:

Beginning Finished Goods= $39,000

Ending Finished Goods= $53,000

Cost of goods manufactured= 234,000 - 39,000= $195,000

<u>To calculate the cost of goods sold, we need to use the following formula:</u>

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 39,000 + 195,000 - 53,000

COGS= $181,000

7 0
2 years ago
An investment project has annual cash inflows of $4,200, $5,100, $6,300, and $5,500, and a discount rate of 15 percent. a. What
Naddika [18.5K]

Answer:

It will take 1 year and 307 days to cover the initial investment.

Explanation:

Giving the following information:

Initial investment= $6,900

Cash flows:

Cf1= $4,200

Cf2= $5,100

Cf3= $6,300

Cf4= $5,500

Discount rate= 15%

<u>The payback period is the time required to cover the initial investment. We need to discount each cash flow.</u>

<u></u>

Year 1= 4,200/1.15 - 6,900= -3,247.83

Year 2= 5,100/1.15^2 - 3,247.83= 608.50

<u>To be more accurate:</u>

(3,247.83 / 3,856.33)*365= 307 days

It will take 1 year and 307 days to cover the initial investment.

6 0
3 years ago
Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..
sesenic [268]

Answer:

educational background

4 0
3 years ago
Read 2 more answers
What are some of the possible pitfalls of owning a credit card? Check all that apply. A Only paying the minimum balance due. B P
Aliun [14]

Answer:

<em>C. Paying your bill late.</em>

<em>E. Juggling too many cards.</em>

Explanation:

6 0
3 years ago
Economics is the study of choices people make in an effort to satisfy their wants and needs given scarcity.
Luden [163]
Most likely true! Economics is the knowledge/ study of how society functions!
7 0
2 years ago
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