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2 years ago

How can I benefit from taxes?

Business

2 answers:

Jobisdone [24]2 years ago

5 0

Answer:

Funding of public infrastructure.
Development and welfare projects.
Defense expenditure.
Scientific research.
Public insurance.
Salaries of state and government employees.
Operation of the government.
Public transportation.

Explanation:

have a nice day!

svlad2 [7]2 years ago

3 0

Answer:

We pay taxes to the government as a way to pay for our daily life. Taxes can let you get credits on your health insurance, having safe roads, free public education and etc.

Explanation:

Hope this helped you :)

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The city of Ann Arbor Michigan buys a police car manufactured in Germany. In the GDP accounts this transaction is included in a.

natima [27]

Answer:

A. In government expenditures and imports.

Explanation:

We are informed about how The city of Ann Arbor Michigan buys a police car manufactured in Germany.

In the case of this transaction, it is included in GDP accounts in government expenditures and imports.

GDP which is known as Gross Domestic Product can be explained as the total market value of domestic finished goods/service that are been produced in a particular period in a country. The net export, as well as consumption and government expenditures and investment are taking into consideration in GDP. It should be noted that social security payment is not accounted with GDP

8 0

3 years ago

From time to time, various groups clamor for import restrictions or tariffs on foreign-produced goods, particularly automobiles.

Misha Larkins [42]

Tariffs can be helpful if the imports are unfairly cheaper than the domestic counterparts. This would level the playing field and help the domestic companies compete more effectively.

Tariffs can be harmful for consumers because there is strong possibility that the increased costs will raise consumer prices.

6 0

3 years ago

A small company that shovels sidewalks and driveways has 100 homes signed up for its services this winter. It can use various co

laiz [17]

Answer:

Method 1 should be chose, since it is still the cheapest if labor cost rises to $200/unit.

Explanation:

Total Cost = ( units * labor costs) + (capital cost * units of labor)

Total Cost for Method 1 : (50 * 100) + (10*400)

= $9,000

Total Cost for Method 2 : (20 * 100) + (40*400)

= $18,000

Total Cost for Method 3 : (10 * 100) + (70*400)

= $29,000

If the price of labor rises to $200 then:

Total Cost for Method 1 : (50 * 200) + (10*400)

= $14,000

Total Cost for Method 2 : (20 * 200) + (40*400)

= $20,000

Total Cost for Method 3 : (10 * 200) + (70*400)

= $30,000

5 0

3 years ago

Read 2 more answers

Welcome Inn Hotels is considering the construction of a new hotel for $90 million. The expected life of the hotel is 30 years, w

steposvetlana [31]

Answer:

a. Annual Net cash flows:

= Revenue - Expenses + Depreciation

= 26,000,000 - 15,000,000 + (90,000,000 / 30 years)

= 11,000,000 + 3,000,000

= $14,000,000

b. Net present value:

= Present value of cashflows - Investment cost

= (Annual cashflow * present value of an annuity, 14%, 30 periods) - Investment cost

= (14,000,000 * 7.003) - 90,000,000

= $8,042,000

c. Company should construct the hotel as it would bring a positive Net Present Value

Note: In "b" the cashflow was treated as an annuity because it is constant.

3 0

3 years ago

Havermill Co. establishes a $410 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei

Amanda [17]

Answer and Explanation:

The journal entry for establishing the fund as on September 1 is shown below:

On September 1

Petty cash Dr $410

To cash $410

(Being establishment of fund is recorded)

Here petty cash is debited as it increased the asset and credited the cash as it decreased the asset

Therefore the same is to be considered

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3 years ago