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2 years ago

Andrea is an accountant who lives in the state of Texas. Which tax is she exempt from

Business

2 answers:

Artemon [7]2 years ago

8 0

Answer:

The correct answer is "Payroll tax at the national level".

Explanation:

I had to look at the options of the problem in order to understand it better.

A. gasoline tax at the state level

B. income tax at the national level

C. inheritance tax at the state level

D. payroll tax at the national level

The payroll tax takes into account the deduction for the pension or medicare.

The payroll tax is regulated by state law and by the policy used by the company in which you are working, so it is exempt from payroll at the national level.

Have a nice day!

USPshnik [31]2 years ago

5 0

The correct answer is

c. Inheritance tax at the state level

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Roberta is a real estate licensee representing the buyer. The buyer asks to see homes in a specific neighborhood. Roberta refuse

DerKrebs [107]

Answer:

Yes.

Explanation:

The fair housing law act is a law prohibits discrimination in the process of renting , buying or selling a house. This discrimination may be based on race , skin , color , sex , nationality ,or any other characteristic towards a protected group,

Declining the buyer the opportunity to inspects home in a particular neighborhood because nobody form his country lives in that area is an act that violates fair housing laws as the process seems to be biased towards a group of people from a particular country.

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2 years ago

Identify which department has stewardship over the following journals, ledgers, and files.

fredd [130]

Answer:

a. Customer open order file ⇒ SALES ORDER DEPARTMENT

This department deals with customer orders so they open the customer open order file.

b. Sales journal ⇒ BILLING DEPARTMENT.

In order the know how much to bill customers, this department does the sales journal.

c. Journal voucher file ⇒ BILLING DEPARTMENT

Journal voucher file is derived from the sales journal so it also falls under the billing department.

d. Cash receipts journal ⇒ CASH RECEIPTS DEPARTMENT

Cash receipts department are in charge of cash transactions that involve receipts so they are in charge of making the relevant journal.

e. Inventory subsidiary ledger ⇒ INVENTORY CONTROL DEPARTMENT

f. Accounts receivable subsidiary ledger ⇒ ACCOUNT RECEIVABLE DEPARTMENT

As the department in charge of transactions related to the Account receivables, this department is in charge of the ledger that records these receivables.

g. Sales history file ⇒ SALES DEPARTMENT

h. Shipping report file ⇒ SHIPPING DEPARTMENT

The shipping report file shows details of goods shipped to customers and so this falls under the responsibility of the shipping department.

i. Credit memo file ⇒ CREDIT DEPARTMENT

j. Sales order file ⇒ SALES DEPARTMENT

k. Closed sales order file ⇒ SALES DEPARTMENT

The sales department is in charge of these last two because everything that has to do with sales falls under the Sales department except for when the sale is first ordered.

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2 years ago

You have just received a windfall from an investment you made in a friend's business. She will be paying you $ 39 comma 769 at

Sergio [31]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

She will be paying you $39,769 at the end of this year, $79,538 at the end of next year, and $119,307 at the end of the year after that.

The interest rate is 11.7 % per year.

A) We need to use the following formula:

NPV= Cf/[(1+i)^n]

NPV= 39769/1.117^1 + 79538/1.117^2 + 119307/1.117^3

NPV= 184,958.1

B) We need to use the following formula:

FV= PV*(1+i)^n

FV= 287,929.41

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2 years ago

Assume that a six-firm cartel supplies 500 million units of Whatailsya energy drink at a price of $5.00 per unit. Each firm supp

bazaltina [42]

Answer:

<u>The net gain for the firm cheating the cartel is US$ 183 million (rounding the answer to the nearest million).</u>

Explanation:

1. Let's review all the information provided for solving this case:

Number of firms that supply Whatailsya energy drink = 6

Amount of production of the cartel of six firms = 500 million units

Price of the energy drink = US$ 5

Amount of production of the firm that decided to break the cartel = 50 million extra units

Price after the extra production is sold = US$ 4.50

2. Let's find the individual production of each firm before and after the 50 million extra units and the net gains for the cheating firm.

Individual production of each firm of the cartel = Amount of production of the cartel/Number of firms

Individual production of each firm of the cartel = 500 million units/6

Individual production of each firm of the cartel = 83.33 million units

Individual sales of each firm before the 50 million extra units = Individual production * Price of the energy drink

Individual sales of each firm before the 50 million extra units = 83.333 million * 5

Individual sales revenue of each firm before the 50 million extra units = US$ 416.666 million

New production amount of the firm cheating the cartel = 83.333 + 50

New production amount of the firm cheating the cartel = 133.333 million units

Price of the energy drink after the extra production is sold = US$ 4.50

New sales revenue of the firm cheating the cartel = New production amount * Price of the energy drink after the extra production is sold

New sales revenue of the firm cheating the cartel = 133.333 million * 4.50

New sales revenue of the firm cheating the cartel = US$ 600 million

Net gain of the firm cheating the cartel = New sales revenue of the firm cheating the cartel - Individual sales of each firm before the 50 million extra units

Net gain of the firm cheating the cartel = 600 million - 416.666 million

Net gain of the firm cheating the cartel = 183.333 million

<u>Net gain of the firm cheating the cartel = US$ 183 million (rounding the answer to the nearest million)</u>

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2 years ago

Amazon.com, Inc. is one of the largest Internet retailers in the world. Netflix, Inc. provides digital streaming and DVD rentals

Sever21 [200]

Answer:

Amazon 65.35 Days Netflix 253.03 Days

Explanation:

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2 years ago