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fomenos
2 years ago
7

When Austin, Texas decides to implement a new tax code that will impose a new tax on business owners within its city limits, whi

ch law is applicable
Business
1 answer:
Alex_Xolod [135]2 years ago
5 0

The applicable law in the instance when Austin, Texas decides on imposing a new tax code on business owners within the city is <u>B. Public law.</u>

<h3>What is Public Law?</h3>

Public law concerns all matters pertaining to the relationship between the city government and legal entities or persons residing or doing businesses in the city. Public law, therefore, governs the relationship between the city and its subjects, which include individuals and organizations within the city.

<h3>Answer Options:</h3>

A. Private law

B. Public law

C. Federal law

D. Criminal law

E. State law

Thus, the applicable law in this instance is public law and not private, federal, criminal, or state laws.

Learn more about public laws at brainly.com/question/26332646

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Answer

Hi,

Kenny is likely to have the job profile of a software developer

Explanation

A job profile defines the functions, accountabilities and requirements of a job position. In this case, Kenny is a software developer tasks with designing, installation, testing and maintenance of software systems. In this position, he has to ensure the software properly functions and meets the design standards that were agreed in the planning stages.

Good Luck!

7 0
3 years ago
Why are some industries regulated?
muminat
Uk ​ us ​ GOVERNMENT, LAW. a type of business that is controlled by government rules: This applies to workers in regulated industries, such as teaching or financial services. The nuclear industry is the most highly regulated industry in the world.
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3 years ago
Irene wants to start a business selling t-shirts. irene's top priority is that she alone has complete control over management de
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The answer is LLC or also known as Limited Liability Company. This type of hybrid legal entity has the characteristic of mixed characteristics of a partnership, sole proprietorship and even a company in which they have a limited liability that could also be similar to shareholders in a corporation.

3 0
3 years ago
Firm X and Firm Y both sell the same products at the same price; both firms are the same size with identical sales levels; Firm
Vika [28.1K]

Answer:

The options are given below:

A. Firm X

B. Firm Y

C. Same variability of operating profits

D. It would depend on tax effect on taxable income

The correct option is B. Firm Y

Explanation:

This is because firm Y has a higher operating leverage than firm X.

<u>Operating Leverage</u> refers to a cost-accounting formula that measures the degree to which a firm can increase operating income by increasing revenue. Operating leverage actually boils down to the analysis of fixed costs and variable costs, and it is highest in companies that have a high fixed operating costs in comparison with variable operating costs. What this means is that this kind of company makes use of more fixed assets. On the other hand, operating leverage is lowest in companies that have a low fixed operating costs when compared with variable operating costs.

Companies with high operating leverage are capable of making more money from each additional sale if they do not have to incur more costs to produce more sales.

Therefore, from the scenario given above, we can conclude that firm Y has a higher operating leverage than firm X, because firm X has lower fixed costs than firm Y, and a higher variable cost than firm Y as well. Hence, firm Y has the potential to make more operating profits from its business activities.

4 0
3 years ago
Safeway, publix, and other supermarket chains offers all types of foodstuffs as well as a variety of nontraditional goods and se
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Diversifying.  It is so that they can tap into other markets.
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3 years ago
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