Which of the following is an earmarked tax?

A. A tax imposed on the purchase of specific items such as liquor or cigarettes
B. A tax that generates revenues that the government can spend only to build more National Parks
C. A tax that generates revenues that the government can spend for any purpose
D. A tax imposed only on individuals who earn more than $1 million annually


Answer: B

Business

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Indicate whether the statement is true or false

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Suppliers to business markets often

A. have to agree to contracts that allow for changes in the purchase arrangements. B. must manage inventory and delivery carefully, to provide customers with just-in-time delivery. C. serve as technical consultants to their customers. D. provide information about industry trends. E. All these answers are correct.

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The July contribution format income statement of Doxtater Corporation appears below:    Sales$564,400Variable expenses 312,800Contribution margin 251,600Fixed expenses 193,800Net operating income$57,800 The degree of operating leverage is closest to:

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Business