The town of San Juan has a total assessed valuation of $680,000,000 . The amount to be raised by taxation is $12,580,000 . Compute the tax rate and express the answer as a percentage
1.85%
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Traditional retailers, often called brick-and-mortar businesses, have extended their "storefront" by launching an e-tailing arm.
Answer the following statement true (T) or false (F)
GAAP allows the use of either the direct or indirect method but prefers the direct method. Companies who use the indirect method must also include a separate schedule reconciling net income to net cash flow provided by operating activities
Indicate whether the statement is true or false
A major difference between the sale of complementary goods/services versus the sale of substitute goods is that the sale of substitute goods may _____
a. have little impact on total retail sales b. increase inventory turnover c. give a retailer a one-stop shopping environment d. provide a weak retail image
Build-It ConstructionCompany contracts with Classic Beverage Corporation to build Classic Beverage's corporate headquarters.Build-It Construction contracts with Dependable Tools & MaterialsInc for construction supplies but refuses to pick up the order
Meanwhile, Classic Beverage hires Elmo, a certified public accountant, to work in its cost-accounting division as an employee, with no authority to hire or supervise others. Elmoasks Fayette, an outside experienced accountant, to advise him on certain accounting procedures but fails to pay Fayettefor the service. Classic Beverage also contracts with Gloria, a salesperson, to solicit orders for its products in a designated territory. Gloriaobtains an order from Highpoint Concessions, Inc, which is assured the order will be filled soon. But Gloriadoes not follow through with the paperwork and fails to submit the order to Classic Beverage. Highpoint Concessionssuffers a loss. Dependable Tools, Fayette, and Highpoint Concessionsclaim Classic Beverage is liable under agency law. Discuss fully whether an agency relationship was created by Classic Beverage with Build-It Construction, Elmo, or Gloria.