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2 years ago

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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Marigold Corp. enters into a contract with a customer to build an apartment building for $1,069,900. The customer hopes to rent

muminat

Answer:

$1,193,562

Explanation:

Calculation to Determine the transaction price for this contract.

First step is to calculate the probabilities

Probabilities

August 1, 2021 =70 % *$153,300

August 1, 2021 =$107,310

August 8, 2021= 20%*$51,100

August 8, 2021= $10,220

August 15, 2021 =6%*$102,200

($153,300-$51,100)

August 15, 2021 =$6,132

After August 15, 2021= 4%*$0

After August 15, 2021= $0

Now let calculate the transaction price for this contract.

Total transaction price =$1,069,900+ $107,310+$10,220+$6,132+$0

Total transaction price =$1,193,562

Therefore the transaction price for this contract will be $1,193,562

4 0

3 years ago

Which organization was designed to keep prices steady, fight inflation and ration foods

adelina 88 [10]

The Office of Price Administration (OPA) was established within the Office for Emergency Management on August 28, 1941, in order to control prices (and thus inflation) and rents after the outbreak of World War II.

6 0

3 years ago

6. You own a company. You have identified a safety issue with one of your products. The company could

seraphim [82]

Answer:

B. immediately recall the product.

Explanation:

If a safety issue is identified in one of my product as a company owner, the first thing to do is to immediately recall the product. Recalling means asking people that are currently in charge of the product to return it in order to determine the ROOT CAUSE of the issue.

Once the product is recalled, then further investigation can be carried out. First is to determine what might be the root cause of the issue. This is done by questioning those that are in charge of the production processes. After different and diverse answers to questions, then I can streamline the answers to those we considered as the root cause of the problem to minimum before proffering necessary measures to be carried out in order to prevent the issue from occurring in the future.

The next step will be the implementation of the measures. If the measures that were put in place were able to solve the safety issue, then we can document and validate it so that can it can be referenced to in future in case of similar occurrence.

3 0

3 years ago

Read 2 more answers

Under a perpetual inventory system, acquisition of merchandise for resale is debited to the Cost of Goods Sold account. the Supp

den301095 [7]

Answer:

C. the Inventory account.

Explanation:

Under a perpetual inventory system, acquisition of merchandise for resale is debited to the Inventory account.

5 0

3 years ago

Which of the following is a good technique to use when driving in an urban environment? A. Passing B. Drowsy driving C. Cover br

natita [175]

Answer:

The correct answer would be option C, Cover Braking.

Explanation:

Urban areas are the city areas where there is a lot of traffic in the normal timings and sometimes, the traffic is at the peak when there are office hours, school hours, lunch times, closing times, etc. So it is really hard to drive during the peak rush hours. The best technique to drive in the traffic hours is the Cover Braking. Cover braking is the technique which is used in the urban areas to avoid crashing or accidents. In this technique the right foot is hold in the air rather than putting on the acceleration, closed to the brake paddle, in order to push the brake paddle immediately if needed. By this technique, the people can drive safely in the high traffic areas.

3 0

3 years ago

Read 2 more answers

Why are citizens punished with sin taxes​

Why are citizens punished with sin taxes