What is a tax from a state or city on the sales of a product or service, generally collected by the retailer?
A) Estate Tax
B) Income Tax
C) Sales Tax
D) Real Estate Tax
E) Personal Property Tax
C) Sales Tax
You might also like to view...
A cash payment is recorded on the cash account as a
A) neither a debit or a credit B) credit C) debit D) either a debit or a credit
Concerned that her new office building would not meet new environmental standards, Sarah made large contributions to several prominent politicians in exchange for being able to continue with construction on the building. It appears that Sarah engaged in ________.
A. discriminatory labor practices B. corrupt payments C. discriminatory labor practices D. unethical marketing practices
A business that is an example of NOT creating a services portfolio is:
a. A pest control company that provides environmentally safe chemicals for ants, mosquitoes, ticks, and deer. b. A tax preparation company that provides specific services for individual households and small businesses. c. A home repair business that specializes in residential house painting. d. A university that provides online education programs for undergraduates, MBAs, alumni, and companies in the form of executive education.
A firm is considering adding a second secretary to answer phone calls and make appointments. The cost of the secretary will be $10/hour and she will work 200 hours each month
If each new client adds $400 of profit to the firm, how many clients must the secretary arrange for the firm to break even?