Yes, State R residents who purchased Firm L merchandise owe use tax on their purchases.
The state would collect $1,080,000 additional state revenue.
Following is the respective explanation for the given answers -1. Yes, use tax must be paid on purchases made by residents of State R from Firm L (located outside of State R).
Retail purchases and consumption inside State R are subject to a 6% sales and use tax.
In State R, the cost of items to customers is $18 million.
For State R, Correll might receive $1,080,000 ($18 million * 6%).
2. For State R, Correll might receive $1,080,000 ($18 million * 6%).
State R would earn $1,080,000 more in revenue ($18 million * 6%) if Correll was required to collect the use tax at the moment of sale and then pay the tax earned to it.
Complete Question -Correll Company, which operates a mail-order clothing business, is physically located in State L. This year, the firm shipped $18 million of merchandise to customers in State R. State R imposes a 6 percent sales and use tax on the purchase and consumption of retail goods within the state.
Required:
a. Do State R residents who purchased Firm L merchandise owe use tax on their purchases?
b. If State R could legally require Firm L to collect a 6 percent tax on mail-order sales made to residents of the state, how much additional revenue would the state collect? Explain the reasoning behind your answer.
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Which of the following people has the highest opportunity cost of earning a college degree, if they must give up their present job?
Assume that the socially efficient output level in the residential solar panel market is 1,000 units per week, but the industry is only producing 800 units per week at current capacity. The industry’s under-production is causing.
The industry’s under-production is causing society will be deprived of a net gain since the next panel that is produced will have a higher consumer value than the expenses of producing it.
This is further explained below.
What is the industry?Generally, An industry is a sector of an economy that generates a group of closely linked raw materials, commodities, or services, according to the macroeconomics definition of the term.
One may, for instance, make reference to the insurance sector or the timber industry.
In conclusion, Due to the fact that the industry is manufacturing fewer panels than it should be, society will be deprived of a net benefit.
This is because the consumer value of the next panel that is manufactured will be greater than the costs associated with making it.
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Interview any adult you know about their job. Ask the person questions related to the job. You should find out whether the person likes his or her job, why he or she is still working at the same organization, and if the person would recommend the organization to others. Write a paragraph on your findings.
Answer:
My Answer: Why did you choose to work here? How do you feel about the organization here? What are you likes about the company? Why are working in the same organization? Would you recommend the organization for future employees?
Explanation:
Plato's Answer: I interviewed my aunt, who works at Triple J Productions. She has been working there for 20 years. When she started out, the company offered voluntary monthly trainings for employees looking to advance. The company had a family picnic every summer for employees and their families. The company was very honest, cared about its employees, customers, etc. Three years ago, the CEO passed away. His son took over the company. Now, they do not have any company picnics. Training has stopped and the company often outsources jobs to employees who will work for low salaries. She is now quite unhappy at the company, but feels that she has invested too much time in it to go somewhere else. Ten years ago, she would have said it is a great place to work. Today, she feels that the company's common practices are sneaky and underhanded and their main motivation is money.
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gary wants to expand the reach of his business. an effective approach to reaching the most likely potential customers would be marketing. the message will include a link to treble clef's web site.
The type of marketing which Gary chose is SMS Marketing. It is an act where marketing messages are sent via SMS and it is known as SMS Marketing
It is an act where marketing messages are sent via SMS and it is known as SMS Marketing. In this type of marketing, the customer needs to subscribe. This differentiates it from social marketing, in which the marketer posts content that people or customers can choose to like or follow.
And 70% of consumers believe that SMS marketing is an effective strategy for companies to get their attention. Your company will be more likely to notice engagement and receive a reaction if you communicate with clients in the manner they prefer. Aside from these three fantastic advantages, SMS marketing is also affordable and simple to set up.
Various types of marketing branches are:
1) Content Marketing
2) Social Media Marketing
3) Digital Marketing
4) Visual Marketing
5) Search Engine Marketing
6) Influencer Marketing
7) Product Marketing
8) Brand Management Marketing
9) Research Marketing
10) Email Marketing
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you are deciding to buy either a municipal bond your city issues with a baa rating, or a corporate bond with a triple-a rating. if you are concerned about only risk, which bond should you buy?
The municipal bond I should buy.
Municipal securities, or "munis," are bonds issued via states, towns, counties and other governmental entities to elevate money to construct roads, schools and a number of different initiatives for the general public exact.
Municipal or company bonds are a splendid alternative for traders who want to create a dependable circulation of profits, specifically at some point of their retirement years. distinctly-rated bonds are by their nature very secure investments as compared to almost some other alternative and particularly in comparison to shares.
Governments use muni bonds to elevate budget for tasks with a view to advantage the public. Commonplace examples encompass: Roads, highways, bridges, and different infrastructure.
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Find the interest for one month on $575 at 3.1% annual interest paid monthly.
Answer:
$1.5
Explanation:
Interest is compounded monthly.
The applicable formula for amounts after one month is
A = P + (1 + r)^n
P = principal amount $575
r is interest rate 3.1% per year or 3.1/12 per month =0.26% or 0.0026
n= 1 month
A = $575 +( 1+0.0026)^1
A =$575x 1.0026
A= $576.495
A= $576.5
Interest earned in the month
= $576.5 -$575
=$1.5
workers should not work in an unprotected trench that is 5 feet deep or more. the type of protection installed may be sloping or benching, trench box or shield and .
Workers should not work in an unprotected trench that is 5 feet deep or more. the type of protection installed may be sloping or benching, trench box or shield, and Shoring.
This is further explained below.
What is work protection?Generally, Personal Protective equipment is what's referred to as PPE. When individuals participate in dangerous activities, they may stay safe from harm by wearing personal protective equipment (PPE).
Its primary use is in working settings, where it serves the purpose of shielding individuals from potential occupational dangers.
In conclusion, Working in an exposed trench that is 5 feet deep or deeper is not advised. The sort of protection that is placed may include trench boxes or shields, shoring, or sloping or benching.
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the ""voluntary bumping plan"" used by airlines to resolve the problem of overbooked flights was developed by economist
Julian Simon To make up for "no-shows," airlines to some extent oversell their scheduled flights.
What did Julian Simon do?Simon published numerous books and essays, many of which focused on economic issues. His work on immigration, natural resources, and the population is what is most well known about him. Although Simon has rejected the title, he is occasionally linked to views that are cornucopian.
Giving Your Seat Up Against Your Will (Bumping) There may not always be enough volunteers when an airline requests that passengers give up their seats and board another trip. The airline will pick a few people to give up their seats if this happens. "Involuntary denied boarding" or "bumping" is what this is known as.
Airlines typically forecast "no-shows" properly, and everything happens without a hitch. But occasionally, overseas tactics result in passengers being bumped.
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laura owns a t-shirt business with fixed costs of $50,000 a year. her selling price per shirt is $15. each shirt has a variable cost of $5. how many shirts does laura need to sell to break even?
The number of shirts that Laura will have to sell to break even is 5000 shirts. The fixed cost is $50,000. The selling price is $15 for each unit. The cost that is variable is $5 for each unit.
The Break-even point formula in units is
The Fixed costs/ (The Selling cost per unit - The Variable cost per unit)
50,000/15-5
50,000/10
5000 units
The Break-even point is the point at which the person will be able to recover their losses. So at that point, he is neither having any loss nor any profit. After they reach this point only will the person start making profits. So Laura will have to sell 5000 units in order to break even.
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true or false: as part of presentation and disclosure, auditors must ensure that all proper disclosures have been made in accordance with the gaap (or ifrs).
As part of the presentation and disclosure, auditors must ensure that all proper disclosures have been made in accordance with the GAAP the given statement is True.
What is a financial statement presentation?The overall requirements for financial statements are outlined in IAS 1 Presentation of Financial Statements, along with guidelines for their structure, minimum content requirements, and guiding principles like going concerned, the accrual basis of accounting, and the distinction between current and non-current obligations.
Presentation and disclosure make up the last statement of a financial statement. This is the claim that a company's financial statements contain all necessary disclosures and information, and that all the information contained therein is accurate and simple to understand.
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To see if a potential new project fits within the whole, an organization may consider interactions among various portfolio projects, such as interdependencies, competing resources, and timing. these activities best fit within the ____ step of the process phase of the portfolio selection process.
These activities best fit within the preprocess step of the process phase of the portfolio selection process.
The goal of portfolio selection is to evaluate a group of securities from a wide range of potential choices. It seeks to maximize investors' investment returns. Investors must choose between profit maximization and risk mitigation, according to Markowitz (1952).Preprocess phase is choosing selection procedures and formulating strategic guiding principles for project evaluation. The following activities like interactions among various portfolio projects, such as interdependencies, competing resources, and timing are likely to be included in the preprocess phase of the project portfolio selection process. The pre-process stages includes defining the strategic emphasis and determining the resource constraints. Determine all facets of the portfolio during the pre-process phase of portfolio selection.Learn more about Portfolio Selection process here:
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An electronics store advertised a television as $17 a day for 30 days rather than the full price of $510. Why did the store choose to advertise the television this way? Because it looks like a deal Because they accept partial payments To help customers pay for it To show the daily consumption cost
Answer:
Because it looks like a deal
Explanation:
The full price of $510 is equivalent to $17 paid for 30 days. However, the $510 appears to be a huge figure when a customer is asked to pay at once.
The $17 sounds like a good deal. It is a psychological way of making The TVs appear cheaper. The advertisement is creating a perception that customers are getting TVs at a lower price.
examples of ongoing expenses that need to be split fairly between the buyer and seller of the property through prorations include all of the following except:
All of the following, with the exception of homeowner's insurance, are examples of ongoing expenses that must be divided equally between the buyer and seller of the property through prorations.
What is homeowner's insurance?Owners insurance, commonly referred to as home insurance, is a requirement, not a luxury. And not simply because it guards against theft and harm to your valuables and property. The majority of mortgage lenders require that borrowers carry insurance coverage for the full or fair market value of a property (typically the purchase price), and they won't authorize a loan or fund a residential real estate transaction without seeing proof of this insurance.
Even if you don't own your house, you still need insurance because many landlords insist that their tenants keep renter's insurance. But having this kind of security is a good idea whether it is necessary or not. We'll go over the fundamentals of homeowner insurance policy with you.
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a famous quarterback just signed a $14 million contract providing $3.5 million a year for 4 years. a less famous receiver signed a $10.6 million 4-year contract providing $3 million now and $3.2 million a year for 4 years. the interest rate is 8%.
The interest rate for a given quantity on an easy hobby may be calculated through the subsequent formula, hobby fee = (simple interest × 100)/(principle × Time).
Present value=Cash flows*Present value of discounting factor(rate%,time period)
Present value=3.5/1.08+3.5/1.08^2+3.5/1.08^3+3.5/1.08^4
=$11.59 million(Approx)
Present value=3+3.2/1.08+3.2/1.08^2+3.2/1.08^3+3.2/1.08^4
=$13.6 million(Approx)
Hence receiver is better paid having a higher present value.
An interest rate tells you the way high the price of borrowing is, or high the rewards are for saving. So, in case you're a borrower, the hobby price is the amount you're charged for borrowing money shown as a percent of the whole amount of the loan. The business enterprise that defines U.S. commercial enterprise cycles, the country-wide Bureau of financial studies NBER, takes a special view.
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sellers of a product will bear the larger part of in 1776, the american revolution was sparked by anger over question 36 options: a) the extravagant lifestyle of british royalty. b) british taxes imposed on the american colonies. c) the crimes of british soldiers stationed in the american colonies. d) the failure of the british to protect american colonists from attack by hostile native americans.the tax burden, and buyers will bear a smaller part of the tax burden, when the question 35 options: a) tax is placed on the buyers of the product. b) demand for the product is more elastic than the supply of the product. c) supply of the product is more elastic than the demand for the product. d) tax is placed on the sellers of the product.
Sellers of a product will bear the larger part of 1776, the American revolution sparked by anger over British taxes imposed on the American colonies.
The Patriots have been the apparent winners in the Revolution they gained independence, the right to exercise representative authorities, and numerous new civil liberties and freedoms. Loyalists, or Tories, had been the losers of the Revolution; they supported the Crown, and the Crown changed into defeat.
The people inside the thirteen Colonies formed independent states that defeated the British within the American progressive war (1775–1783), gained independence from the British Crown, and established the charter that created the us of America, the primary contemporary constitutional liberal democracy. The independence of the USA stands because of the greatest result of the yank Revolution.
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Dealers of a product will undergo the bigger a part of in 1776, the American revolution became sparked by means of anger over: c) the crimes of British squaddies stationed in the American colonies.
The American revolution became an ideological and political revolution that took place in British America between 1765 and 1791. The people within the thirteen Colonies fashioned unbiased states that defeated the British inside the American innovative battle (1775–1783), gaining independence from the British Crown, establishing the charter that created America of the united states, the primary present-day constitutional liberal democracy.
The American revolution became an epic political and army warfare waged between 1765 and 1783 whilst thirteen of England's North American colonies rejected its imperial rule. The protest started in competition with taxes levied without colonial representation by the British monarchy and Parliament.
the American revolution—additionally called the U.S. battle of Independence—turned into the insurrection fought between 1775 and 1783 via which 13 of excellent Britain's North American colonies threw off British rule to set up the sovereign u.s. of America, founded with the assertion of Independence in 1776.
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conversion measurement is an excellent way for businesses to understand how users are engaging with their brand.
The conversion measurement is an excellent way for businesses to understand how users are engaging with their brand. Matching each conversion action to a relevant example of a business need.
Jenna would like to know how many users are visiting a specific page on her client’s website. - Pageview
Edith is interested in tracking how many users are signing up for her newsletter each month.- Sign-up
Durene would like to measure how many sales of a specific product are made.- Purchase
Travis wants to measure the number of new customers his campaigns are producing for a client.- Lead
What is Business?An economic activity that involves the exchange of goods and services with the help of buying and selling with the objective to gain some profit is called Business.
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The complete question is
Conversion measurement is an excellent way for businesses to understand how users are engaging with their brand. Match each conversion action to a relevant example of a business need.
Jenna would like to know how many users are visiting a specific page on her client’s website.
Edith is interested in tracking how many users are signing up for her newsletter each month.
Durene would like to measure how many sales of a specific product are made.
Travis wants to measure the number of new customers his campaigns are producing for a client.
Purchase
Sign-up
Pageview
Lead
L’oréal markets several different product brands targeting specific groups of women for cosmetic and beauty aid purchases. The brand managers for each product line have completed competitive assessments and cost estimates and are now ready to _______.
For the sale of cosmetics and beauty products, L'Oréal promotes a number of distinct product brands to particular demographics of women. The brand managers for each product line have finished cost estimates and competition analyses and are now prepared to choose particular target markets.
L'Oréal has divided the market into different segments based on demographic characteristics, such as L'Oréal LUXE for upper middle-class and upper-class customers who identify themselves through their appearance, Dark & Lovely for African women, and professional products for customers offerings/enhancing the looks of specific customers.
It has developed a differentiation strategy to target middle, upper middle, and upper-income class clients, the bulk of whom are working professionals who want to flaunt their identities, in order to target variously categorized customers with its 34 brands in a L'Oréal variety of product categories.
With an emphasis on universalization, or respecting the varied cultures, preferences, and goals of internal and external stakeholders, the brand has established L'Oréal itself as the most ethical cosmetics and beauty care company.
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What are liquid assets? What are non-liquid assets? What are some examples of each?
Explanation:
A liquid asset allows any individual or a company to access cash at any time they want. ex:Cash or currency, Bank accounts, Accounts receivable
Non liquid assets are assets that cannot be sold or converted into cash easily without a significant loss of investment. Some examples of such assets include houses, cars, land, televisions and jewelry.
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rockin' radio has one hundred percent of the market share in the music industry. this means that this music business also has a lot of .
Rockin' Radio has one hundred percent of the market share in the music industry. This means that this music business also has a lot of market power. Thus, option B is correct.
What is market ?Markets are places where individuals, businesses, and industries transact, whether it be for the purpose of purchasing, selling, or providing services. They use it in order to make money.
Rocking radio is considered as having market power in the industries, all the shares are in the market and people are purchasing those shares at full capacity.
That also means that the business is having a profit margin. Therefore, option B is the correct option.
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The question is incomplete, the complete question will be:
Rockin' Radio has one hundred percent of the market share in the music industry. This means that this music business also has a lot of _____.
-fixed costs
-market power
-variable costs
a product’s is the collection of attributes that affect how easily that product can be packaged and delivered.
Out of the choices provided above, it can be said that the shipping profile of a product is the collection of attributes that affect how easily that product can be packaged and delivered. Therefore, the option B holds true.
What is the significance of a shipping profile?The shipping profile of a product can be referred to or considered as the characteristics that determines the time that a product takes to reach to the consumer who brought such product. It is dependent upon the time taken in packaging as well as transportation.
Therefore, the option B holds true and states regarding the significance of a shipping profile.
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The missing choices to the incomplete question have been added below for better reference.
A. Outsourcing
B. Shipping
C. Manufacturing
D, None of these
It is based on the bond’s rating; the higher the rating, the lower the premium added, thus lowering the interest rate.
the correct answer is default risk premium
The difference between the interest rate on a debt instrument and the risk-free rate is basically the default risk premium. Investors are given a discount for the possibility of a default by a company through the default risk premium. Lenders are more likely to trust a person or business if they have historically paid interest on time for previous obligations. Lenders will also see the organization as having a higher level of trustworthiness if it has taken on incremental debt commitments, or growing sums of debt each time debt was taken on. A strong credit history encourages lenders to provide the borrower more credit at more favorable terms. The likelihood of the firm defaulting is relatively low
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A supply curve is a (n)
upward sloping curve
downward sloping curve
vertical line
horizontal line
Answer: upward sloping curve
Explanation:
Supply curves are traditionally represented as upward-sloping because of the law of diminishing marginal returns.
question mode true or false question true or false: under the terms of title vii of the civil rights act of 1964 and other related antidiscrimination statutes, independent contractors can hold an employer liable for discrimination.
ANSWER IS FALSE,
the required details about civil rights act of 1964 is given in below paragraph
The expansion of the Commission on Civil Rights, the elimination of discrimination in federally funded programs, the establishment of a Commission on Equal Employment Opportunity, the enforcement of the right to vote guaranteed by the Constitution, the granting of jurisdiction to federal district courts to issue injunctions prohibiting discrimination in public accommdoations, and the permission of the attorney general to file lawsuits to defend constitutional rights in public
Be it established that the Senate and House of Representatives of the United States of America in Congress assembled may refer to this Act as the "Civil Rights Act of 1964."
Title VII prohibits racial, ethnic, religious, sexual, and national origin-based discrimination in employment.
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The fastest growing economies that make up the Plus 5 group, which meets at the same time as the G-8, does not
include
Canada
Mexico
Brazil
India
Answer:
Canada
Explanation:
The G5 of the group of five comprises five countries with the fastest developing economies. The countries have not achieved the developed status but are recognized as merging market economies. These countries are China, India, Brazil, Mexico, and South Africa.
Canada is a highly developed/ industrialized economy. Canada is a member of the G8 countries.
WILL GIVE BRAINLIEST!! Answer the following 3 questions A, B, or C
Answer:
B
C
A
Explanation:
Answers:
1.B
2.C
3.A
.....
the stogie shop, a cigar store in the mall, sells hand-rolled cigars for $10.00 and machine-made cigars for $2.50 each. what is the opportunity cost of buying a hand-rolled cigar quizlet
4 cigars manufactured by a machine are the opportunity cost of buying a hand-rolled cigar.
What is a machine made?Machine-made can be defined as a product or a good that is being made with the help of machinery. It can be a big investment as well as a small investment depending upon its price.
It is often treated as an asset. If a Cigar is being handed rolled then it cost around dollar 10 but when it is made from the machine it cost dollar 2.50 with can tell that the best opportunity is to the next best alternative one can get.
In this case, the machine-made cigar is the best opportunity the company can get.
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seeking lower turnover, absenteeism, inventory damage, and theft, some companies purposely hire older workers.
Seeking lower turnover, absenteeism, inventory damage, and theft, some companies purposely hire older workers.
The statement is; True.
Turnover is the replacement of an employee with a new employee. Organizational and employee turnover include terminations, terminations, deaths, interagency transfers, and layoffs.
Tissue turnover is measured as a percentage called turnover. Turnover rate is the percentage of employees leaving the company in a given period. Organizations and industries as a whole measure turnover during the tax year or calendar year.
When an employer is said to have a higher turnover rate than its competitors, it means that the average tenure of its employees is shorter than that of other companies in the same industry.
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journalize the following transactions into the general journal in accordance with the rules of journalizing, and the double-entry accounting system. march 11 barnes company pays dividends of $2,800. september 11 barnes company receives utility bill of $1,900 and pays it.
Journalizing transactions is the manner of recording and monitoring any transaction that your business performs. This recording is the constructing block for the business's monetary statements, which are created at the quit of the economic year.
Solutions:
Date Account title Debit Credit
April 15 Advertising expenses 2,000
Cash 2,000
Assumed that Advertisement expenses are for the month of April. September 5 Salaries Payable 2900
Cash 2900
Assumed salaries expenses for the month of August are paid in September.
If salaries expenses are for the month of September.
September 5 Salaries Expenses 2900
Cash 2900.
The cash receipts magazine is used to record all transactions concerning the receipt of cash, which includes transactions such as cash income, the receipt of a bank loan, the receipt of a price on account, and the sale of different property along with marketable securities. the bank and consists of without problem, all Statements of Account, receipts, transaction facts, or confirmations generated by means of the financial institution.
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What interest is paid for three months on $960 at 2 74% annual interest paid quarterly?
Answer:
$6.64
Explanation:
The applicable formula
A = p x ( 1+ r)^ n
A =amount after 3 months
p=principal amount: $960
r = interest rate : 2.74% per year or 2.74/12 per month =0.23% or 0.0023
n = 3 month
A = $960 x ( 1+ 0.0023) ^3
A =$960 x (1.0023)^3
A =$960 x 1.00691
A=$966.64
compound interest Earned
=$966.64 - $960
=$6.64
t applies for a life insurance policy and is told by the producer that the insurer is bound to the coverage as of date
T applies for a life insurance policy and is told by the producer that the insurer is bound to the coverage as of the date of the application or medical examination, whichever is later, provided that T is an acceptable risk.
In insurance, an insurance contract is a contract between an insurance company and a policyholder that specifies the claims that the insurance company is legally obligated to pay. In exchange for the first payment, called the premium, the insurance company promises to pay for the losses caused by the risks covered by the terms of the contract.
What is the purpose of insurance?
Your goal is to reduce financial uncertainty and make accidental losses more manageable. This is done by paying a small, well-known fee (premium) to a professional insurance company in exchange for a promise to assume the risk of a large loss and to pay such a loss should it occur. increase.
What is insurance risk?
Actuarial risk is the possibility that something harmful or unexpected will happen. It may involve the loss, theft, damage, or personal injury of valuable property or belongings.
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