How are the sales tax and the value-added tax similar?

Answers

Answer 1

Answer:

Hey Emma here!

Answer:

Sales tax is collected by the retailer when the final sale in the supply chain is reached via a sale to the end consumer. ... VAT (Value-Added Tax) is collected by all sellers in each stage of the supply chain. Suppliers, manufacturers, distributors and retailers all collect the value added tax on taxable sales.

Bye Have A Nice Day!

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A market structure in which sellers have no influence over price is known as an oligopoly monopolistic competition perfect competition

Answers

answer Perfect competition.

c. perfect competition

If nominal gdp is $12,025 billion and the money supply is $1,300 billion, the velocity of money is:

Answers

Answer:

1,300billon + 12,025=13,325 13,325 × 12,025=1,2689,356,175,98.so subtract 1,2689,356,175,98 from 6,162,

For which of the following do credit card companies usually not charge a fee

Answers

I'm thinking A) Early repayment.

The industries which provide support services to other industries are known as(a) Primary industries
(b) Secondary industries
(c) Commercial industries
(d) Tertiary industries

Answers

Answer:

It's known as Tertiary industries

Liam uses his credit card regularly and always pays the minimum payment on his credit card statement each month. It is MOST LIKELY that Liam’s credit card balance will ________ over time.A. increase

B. decrease

C. stay the same

D. Paid in full

Answers

Answer:

A. increase

Explanation:

Liam has not been clearing his credit card as per the monthly statement. It means that every month, he carries a balance to the next month.

Credit cards charge an interest rate known as the Annual Percentage Rate APR. Credit cards APR is among the highest interest rate in the market today. On average, the APR rate is about 21 percent.

When Liam does not clear his balance for the month, it means the amount carried forward will be subject to the APR. His debts will include the interest and regular expenses. The interest on a credit card is calculated and applied every month. Carrying forward balances then means this month's balance plus interest becomes a new balance for the next month. Interest charged in the previous month will subject to attract interest in the coming month.

A company made a profit of $25,000 over a period of 5 years on an initial investment of $10,000. What is its annualized ROI? . A.) 50%. B.) 40%. C.) 30%.

Answers

A company made a profit of $25,000 over a period of 5 years on an initial investment of $10,000. What is its annualized ROI?

Answer: Out of all the options shown above the one that best represents the annualized ROI is answer choice C) 30%. To solve this you first need to determine the data that will be needed to solve it. In this case the initial investment which is 10,000, the total profit: 25,000, and finally the total number of years: 5. Then we simply use the following formula: Return on Investment = (Gain from Investment - Cost of Investment)/ cost of investment. You then multiply the result by 100% and finally divide by the number of years which in this case is 5.

I hope it helps, Regards.

Answer:

C) 30%

Explanation:

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