The sales/use tax that is employed by most U.S. states does not fall on all retail transactions. Identify at least five sales/use tax exemptions that states often allow, eliminating certain transactions from the tax base
Most state and local governments allow the following exemptions from a consumer sales/use tax base.
? Sales of many services, rather than of tangible personal property.
? Sales for resale.
? Casual or occasional sales.
? Sales to tax-exempt organizations, including governments and charities.
? Sales of equity items, such as groceries and health care goods.
? Sales of targeted items, such as computing and agricultural items.
? Sales of manufacturing equipment.
? Packaging and shipping materials used by a manufacturer.
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Retrospectively looking back, what was the problem with "The Eleven Tips on Getting More Efficiency Out of Women published in 1943?
a. The intent was to treat women differently based on the perception of inferiority b. The intent was good but the instructions were too restrictive c. The tips only address the transportation industry and others needed the information as well d. The tips did not apply to all women
Four frequently used targeting strategies are the micromarketing, undifferentiated, differentiated, and ________ targeting strategies.
A. economic B. concentrated C. geographic D. global E. benefit-based
A machine that costs $280,000 would be depreciated using the straightline method by a leasing firm over a period of 3 years. Both the book value and the market value would be zero at the end of the 3 years. Both the lessor and the lessee have a tax rate of 21 percent. What is the NPV of the lease relative to the purchase to the lessor if the applicable pretax cost of borrowing is 7 percent and the lease payments are set at $102,100 annually for 3 years?
A) ?$1,025.58 B) ?$9,658.92 C) $411.67 D) $882.09 E) $0
The ________ measures the average time it takes to convert cash outflows into cash inflows from customers.
What will be an ideal response?