Which of the following statements is sufficient to create franchise tax nexus for a New York Foreign corporation?
a. The maintenance of cash balances with banks or trust companies in New York;
b. The maintenance of an office in New York by one or more officers or directors of the corporation who are not employees of the corporation if the corporation otherwise is not doing business in New York, and does not employ capital or own or lease property in New York;
c. Advertising on a New York server or through a New York Internet service provider having nexus with New York;
d. A foreign corporation sends salesmen into New York to solicit orders. The orders must be accepted at the home office of the corporation located in another state. The corporation displays goods in New York City at a space leased occasionally and only for short periods of time.
Answers
Advertising on a New York server or through a New York Internet service provider having nexus with New York is sufficient to create franchise tax nexus for a New York Foreign corporation. The answer is OPTION C
A company typically has a physical presence in New York when it has a store, warehouse, inventory, or when it sends out salespeople or reps frequently. However, the methods listed below also allow out-of-state merchants to prove nexus. Sales tax is not applied to the sale of advertising services.
Advertising services include media placement, campaign conception and advice, and the creation of advertising campaigns. As soon as an out-of-state retailer reaches a predetermined volume of sales transactions or gross revenue activity (a threshold) within the state, economic nexus law often mandates the business to collect and pay sales tax. No actual presence is necessary.
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Related Questions
When the stock market as a whole is rising in value then it is referred to as a bear market. True or false?
Answers
Answer: False
Explanation: A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.
__________is the name for the doctrine that holds that the manufacturer of a product has legal responsibilities to compensate the user of that product for injuries suffered because the product's defective condition made it unreasonably dangerous, even though the manufacturer has not been negligent in permitting that defect to occur.
Answers
Answer:
Product liability
You are considering a 5/1 ARM. What does the 1 represent?
A. The number of years between adjustments in the interest rate
B. The interest rate of the initial fixed-rate loan period
C. The total number of years in the loan D. The number of years that a fixed interest rate will be applied to the loan
Answers
Answer:
Explanation:
The answer is A hope it helps
Answer:
A. The number of years between adjustments in the interest rate
Explanation:
Took the class
How will you be able to become the cost leader of the market in which you deal?
A.
by focusing on customer loyalty
B.
by analyzing your competitive advantage and identifying which strategy works best for your business
C.
by concentrating on serving a particular segment of customers better
D.
by producing a product that has a higher perceived value to the customers when compared to the already existing products
E.
by producing your goods at the lowest price in the market
Answers
Answer:
well it would be A i think
Explanation:
Answer:
E. by producing your good at the lowest price in the market
Explanation:
Plato
The cost function C=q(V1/2 +w1/2)^2 arises from:
a. a Cobb-Douglas production function
b. a CES production function.
c. a fixed proportions production function
d. a translog production function.
Answers
The cost function C=\(q(V1/2 +w1/2)^2\) arises from a CES (Constant Elasticity of Substitution) production function.
The CES production function assumes that the inputs of production are substitutes or complements in production. The elasticity of substitution between the two inputs remains constant, allowing for a constant degree of substitution between the two inputs. The cost function in this case is derived by using the mathematical properties of the CES production function.
The cost function shows the minimum cost of producing a certain level of output, given the prices of the inputs. In this case, the inputs are capital (V) and labor (w).
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Purves Corporation is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $121,000 and 10,000 direct labor-hours for the period. The company incurred actual total fixed manufacturing overhead of $113,000 and 10,900 total direct labor-hours during the period. The predetermined overhead rate is closest to:
Answers
Answer:
The predetermined overhead rate is closest to $12.10 per hour
Explanation:
Predetermined overhead rate = (Estimated total fixed manufacturing overhead / Estimated direct labor hours)
Predetermined overhead rate =($121,000 / 10,000)
Predetermined overhead rate = $12.10 per hour
3. The owner of a specialty delicatessen buys baskets, decorates and fills them with food items, and
sells them as one of the products in the shop. The entrepreneur sells an average of 130 baskets a
month The basket supplier charges $0.50 per basket. The entrepreneur would like to reduce his
variable costs and has found a basket supplier who will charge only $0.40 per basket. How much
will the delicatessen owner save in a year by changing suppliers?
Answers
Answer:
$156
Explanation:
he old price per basket is $0.50 per basket
the new supplier has a price of $0.40 per basket
Savings per basket is $0.10 ($.50- $0.40)
The average sales per month are 130 baskets.
The average savings per months will be
=$0.10 x 130
=$13
yearly savings will be
=$13 x 12 months
=$156
Please help with 2.2, 2.3 and 2.4
Answers
Where the above information is given, the total money spent by Donald on Monday is R141,30, The total cash received from sales is R135,00, The profit he made from selling fruit is -R6,30, which is a loss; and The value of his closing stock is R56,00.
What is the rationale for the above response?1) To calculate the total money spent by Donald on Monday, we need to add up the cost of the apples, oranges, and bananas:
Cost of 3 packets of apples = 3 x R17,10 = R51,30
Cost of 3 packets of oranges = 3 x R18,00 = R54,00
Cost of 3 bunches of bananas = 3 x R12 = R36,00
Total money spent = R51,30 + R54,00 + R36,00 = R141,30
2) To calculate the total cash received from sales, we need to add up the revenue generated from selling the apples, oranges, and bananas:
Revenue from selling apples = (3 x 12 - 8) x R2,50 = R66,00
Revenue from selling oranges = (3 x 10 - 12) x R3,00 = R24,00
Revenue from selling bananas = R45,00
Total cash received = R66,00 + R24,00 + R45,00 = R135,00
3) To calculate the profit (Loss) Donald made from selling fruit, we need to subtract the total money spent from the total cash received:
Profit = Total cash received - Total money spent
Profit = R135,00 - R141,30
Profit = -R6,30
Since the profit is negative, Donald did not make a profit from selling fruit.
4) To calculate the value of Donald's closing stock, we need to multiply the number of unsold apples and oranges by their respective selling prices:
Value of unsold apples = 8 x R2,50 = R20,00
Value of unsold oranges = 12 x R3,00 = R36,00
Total value of closing stock = R20,00 + R36,00 + R0,00 = R56,00
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In general, business writing should be _____.
Answers
Business writing is important in the business community. The writing style and material must be specific in order to elicit a meaningful reaction and be expressive in nature.
What is a company definition in a nutshell?
A business is described as a company or organisation that engages in commercial, industrial, or professional activity. Companies can be either for-profit or non-profit organisations. Limited liability firms, sole proprietorships, corporations, and partnerships are all examples of business structures. The introduction to the business plan provides a basic summary of the business plan, including a brief company description, aims and objectives, and the reason for launching the firm.
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HELPPPPP ASAPPP PLS!!What is one way to advance a career once you have started a job?
Become popular among your coworkers by keeping bowls of treats on your desk and inviting them to take some whenever they meet.
Seize every opportunity to talk about your accomplishments, especially when important people are around.
O Go to trade shows or professional conferences that are sponsored by various professional organizations
O Try to become a "favorite" among supervisors and other decision makers.
Answers
Answer:
If you want promotion then second but it won't help you anything to your career except promotion. If you want to advance career, you need connection so choose first one.
___________ is something that a customer values and that can be bought or sold voluntarily.
Answers
A product or service is something that a customer values and that can be bought or sold voluntarily.
What is a product or service?A product or service is a tangible or intangible item that is produced to meet a specific need or want of customers. It is something that can be bought or sold voluntarily because customers see value in it and are willing to exchange their money or other resources for it.
A product is a tangible item that can be seen, touched, and felt. Examples include books, computers, clothing, and cars. On the other hand, a service is an intangible item that cannot be seen, touched, or felt. Examples of services include haircuts, car repairs, and legal advice.
Customers buy products and services because they fulfill a particular need or want. They may be looking for a solution to a problem or seeking to satisfy a desire. Products and services are therefore designed and marketed to meet the needs and wants of customers, and they are priced based on the perceived value that they provide to the customer.
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What are the duties of a compensation and benefits manager? Choose the answer.
Question 10 options:
recruit, screen, interview, and place workers
oversee staff and plan, direct, and coordinate programs to enhance the knowledge and skills of an organization's employees
plan, develop, and oversee employee compensation programs
interpret and administer labor contracts regarding issues such as wages and salaries, healthcare, pensions, and union and management practices
Answers
Answer: recruit, screen, interview, and place worker
Explanation: Took the quiz today hope this is helpful!
Legal tender act 1862 purpose and impact on economy.
Answers
Answer:
The Legal Tender Act allowed the government to print $150 million in paper money that was not backed by a similar amount of gold and silver. ... The government was able to pay its bills and, by increasing the money in circulation, the wheels of Northern commerce were greased.
Explanation:
Percy’s GPA is 2. 75, so he should list it on his résumé. Please select the best answer from the choices provided T F.
Answers
The given statement that GPA of Percy is 2.75, so he should list it on his resume, is the false statement.
What is GPA?
The full name of GPA is the Grade Average Point. A GPA is the sum of all of the individual grade points earned throughout the degree program.
Graduate students are often obliged to have a certain GPA.
At the time of filling out a resume, there are several basic and necessary questions that a person should consider in order to meet the criteria that the client is searching for.
In terms of GPA, Percy's is comparable. It is not appropriate to include it on a resume unless specifically requested or required. Most of the time it isn't required, thus the given statement is false.
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Answer: False
Explanation:2.75 gpa is bad
If each piece of a 10 piece puzzle had a word that represented you on it, what 10 words would we see?
Answers
Answer: brave,strong, funny, short, smart, unique, beautiful, amusing, pretty
Explanation:
how can you save money by living at home while enrolled in post secondary school or training .
Answers
Answer:training can save money on. answer choices. books but it raises costs for tuition
Explanation:
Assume there are external benefits associated with the production of Good X. Without government regulation, the market will: produce too much of Good X. produce too much of Good X. price Good X less than the marginal social cost. price Good X less than the marginal social cost. produce too little of Good X. produce too little of Good X. price Good X greater than the marginal cost. price Good X greater than the marginal cost.
Answers
Answer:
produce too little of Good X. produce too little of Good X.
Explanation:
A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible
Because of _____, the workforce today is sometimes outsourced to other countries with a significantly less expensive labor force.
Answers
Because of globalization and advancements in technology, the workforce today is sometimes outsourced to other countries with a significantly less expensive labor force.
This has become a common practice among businesses looking to cut costs and remain competitive in the global market. Outsourcing allows companies to take advantage of the lower wages and operating costs in other countries, as well as access to a wider pool of skilled workers.
However, outsourcing also has its downsides, such as language barriers, cultural differences, and potential quality control issues. It can also have negative impacts on the domestic workforce, as jobs are moved overseas, causing unemployment and economic instability.
Overall, outsourcing is a complex issue with both benefits and drawbacks, and companies must carefully weigh their options before deciding to outsource their workforce.
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True or False, suppose that $600 is deposited at the end of every year into an account paying interest of 7% per year. at the end of twelve years the account will be worth approximately $8,944
Answers
True, if $600 is deposited at the end of every year into an account paying interest of 7% per year, at the end of twelve years the account will be worth approximately $8,944.
What is Future Value?
Future value is the value of an item computed on a given value at a given specific interest rate after a specific number of years. It is constantly rising, and when it is falling, it is referred to as a depreciating value.
We can calculate the value of the account after twelve years by using the formula for the future value of an annuity:
FV = PMT × [(1 + r)n – 1]/r. Therefore, FV = $600 × [(1 + 7%)12 – 1]/7%. FV = $8,944 (rounded to the nearest dollar). Therefore, if $600 is deposited at the end of every year into an account paying interest of 7% per year, at the end of twelve years the account will be worth approximately $8,944.
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The table shows the total amount of money carl has saved for 5 consecutive weeks. write an equation that can be used to determine his savings after any number of weeks.
week 1: $50
week 2: $80
week 3: $110
week 4: $140
week 5: $170
Answers
To determine Carl's savings after any number of weeks, we can use the equation y = 30x + 20, where y represents the total amount of money saved and x represents the number of weeks.
This equation assumes that Carl saves $30 per week consistently, starting with an initial amount of $20. We can see that this equation accurately reflects Carl's savings over the five consecutive weeks shown in the table. For example, plugging in x = 3 gives us y = 30(3) + 20 = $110, which matches the amount Carl saved in week 3. This equation can be used to predict Carl's savings for any number of weeks going forward.
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Select the correct answer.
In general, how long does it take to accomplish a long-term goal?
ΟΑ.
a few days to a week
OB.
a few weeks to a month
O c.
a few months to a year
D.
more than a year
Answers
more than a year
Explanation:
D.more than a year
beacuse we can reach our goal in years only
disposal of fixed asset equipment acquired on january 6 at a cost of $287,000 has an estimated useful life of 8 years and an estimated residual value of $37,400. question content area a. what was the annual amount of depreciation for years 1-3 using the straight-line method of depreciation?
Answers
The total depreciation expense for the first three years would be $93,600.
Using the straight-line method of depreciation, the annual amount of depreciation can be calculated as follows:
Cost of the asset = $287,000
Residual value = $37,400
Depreciable cost = Cost of the asset - Residual value = $287,000 - $37,400 = $249,600
Estimated useful life = 8 years
Annual depreciation expense = Depreciable cost / Estimated useful life
Annual depreciation expense = $249,600 / 8 = $31,200
For years 1-3, the annual amount of depreciation would be the same, which is $31,200.
Therefore, the total depreciation expense for the first three years would be 3 x $31,200 = $93,600.
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During the early years of the Reagan administration, some of the presidential advisors argued that tax cuts could reduce inflation because they would give people an incentive to produce more. Critics of this argument believed that tax cuts would increase inflation, not reduce it. The critics were arguing that tax cuts move the:
Answers
Answer:
The correct solution is "Aggregate demand curve to the right with little change in long-run aggregate supply".
Explanation:
Together all long-term aggregate demand curve implies that the average has some degree of environmental production this could generate, anywhere at a competitive price. When major inflation increases prices multiply simultaneously, and now in the long term, your community could still contribute to the provision. The critics argued that tax reductions shift the aggregate equilibrium to the right with really no improvement throughout the aggregate production in the long term.Linkedin is introducing chatbots that conduct tasks such as comparing the calendars of people participating in meetings and suggesting meeting times and places. Group of answer choices true false
Answers
" Linkedin is introducing chatbots that conduct tasks such as comparing the calendars of people participating in meetings and suggesting meeting times and places." This statement is False.
LinkedIn is an American business and employment-orientated on-line service that operates via websites and cellular apps. released on may additionally five, 2003, the platform is mostly used for professional networking and career improvement, and permits activity seekers to put up their CVs and employers to put up jobs.
LinkedIn is the arena's largest expert community on the net. you could use LinkedIn to discover the proper job or internship, join and beef up professional relationships, and examine the talents you need to reach your career.On a weekly foundation, five,00,000 energetic jobs and greater than 50,000 talents are brought to their profiles by way of participants to show off their proficiencies to prospective customers, fellow experts, or potential employers. This meteoric rise in LinkedIn's reputation is likewise meditated in its bottom line.
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You should inform the person who is writing your letter of recommendation of
all of the following things except
A. where you are applying and why.
B. when the letter is due.
C. what you would like him or her to write.
D. what type of financial aid you are seeking.
Answers
Answer:
D.what type of financial aid you are seeking
Shawn Pen & Pencil Sets Inc. has fixed costs of $536,000. Its product currently sells for $24 per unit and has variable costs of $10.60 per unit. Mr. Bic, the head of manufacturing, proposes to buy new equipment that will cost $500,000 and drive up fixed costs to $653,250. Although the price will remain at $24 per unit, the increased automation will reduce costs per unit to $7.25.
a. Compute the following break-even points
Answers
The break-even point before the equipment investment is approximately 40,000 units, while the break-even point after the equipment investment is approximately 39,000 units.
To compute the break-even points for Shawn Pen & Pencil Sets Inc., we need to calculate the number of units the company needs to sell in order to cover its costs.
The company has fixed costs of $536,000 and variable costs of $10.60 per unit for the current production process.
Mr. Bic proposes a new equipment investment that would increase fixed costs to $653,250 and reduce variable costs to $7.25 per unit. The selling price remains at $24 per unit.
The break-even points are as follows:
Break-even point before the equipment investment: 50,757 units
Break-even point after the equipment investment: 43,512 units
To compute the break-even points, we can use the formula:
Break-even point = Fixed costs / (Selling price per unit - Variable cost per unit)
Before the equipment investment:
Break-even point = $536,000 / ($24 - $10.60) = $536,000 / $13.40 ≈ 40,000 units
After the equipment investment:
Break-even point = $653,250 / ($24 - $7.25) = $653,250 / $16.75 ≈ 39,000 units
Therefore, the break-even point before the equipment investment is approximately 40,000 units, while the break-even point after the equipment investment is approximately 39,000 units.
These break-even points represent the minimum number of units Shawn Pen & Pencil Sets Inc. needs to sell in order to cover all its costs. Selling more units than the break-even point will result in a profit, while selling fewer units will result in a loss.
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victims of identity theft can request a credit freeze.
Answers
Answer:
True
Explanation:
People can use the victims credit card
The statement, "victims of identity theft can request a credit freeze" is true.
A credit freeze is a recognized and widely utilized measure to protect oneself from further identity theft-related harm.
By requesting a credit freeze, individuals can restrict access to their credit reports, reducing the risk of unauthorized accounts being opened in their name.
This measure serves as a preventive barrier, making it more difficult for identity thieves to exploit the stolen information.
Additionally, credit freezes are legally supported and regulated in many jurisdictions, providing victims with the right to request and implement this safeguard.
Thus, it is a recommended step in the aftermath of identity theft incidents to enhance security and regain control over personal financial information.
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Assume that J-Mart uses a perpetual weighted average inventory system. During the period, it had two sales. Calculate the average cost per unit on hand as of June 8 when it made its first sale.
Answers
The average cost per unit on hand for J-Mart as of June 8 when it made its first sale will be $13.50 per unit.
What is the average cost per unit?The result of total costs divided by the total number of units is the average cost per unit. It can be calculated using the given information and formula as below,
\(\rm Average\ Cost\ per\ Unit= \dfrac{Total\ Purchase\ Cost}{Total\ No.\ of\ Units}\\\\\rm Average\ Cost\ per\ Unit= \dfrac{120+150}{20}\\\\\rm Average\ Cost\ per\ Unit= \$13.50\)
Hence, option A holds true regarding average cost per unit. The complete question has been added for reference.
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Answer:
$13.50/unit
Explanation:
(is, are) there no ticket left for us?
Answers
Some industries’ competition is much more intense than others. Retail grocery stores such as Kroger, Safeway, and Albertson’s in the United States experience fierce competition and offer similar marketing campaigns to compete. What is this an example of in terms of Porter’s Five Forces Model? Multiple Choice rivalry among new entrants rivalry among existing competitors threat of substitute products or services buyer power
Answers
Answer:
rivalry among existing competitors
Explanation:
The Porters' 5 forces is used to analyse the competitiveness among firms in an industry.
Porter's 5 forces include :
Competition in the industry : the higher the number of companies in the industry, the lower the power an individual firm possesses. For example, if an industry increases it price, a consumer can easily shift to the consumption of substitutes Potential of new entrants into the industry : If there are low barriers to entry in an industry, firms in the industry experience greater competition Power of suppliers : the higher the number of suppliers in the industry, the higher the bargaining power of firms in the industry and the greater the power they possess Power of customers : the larger the number of customers, the greater the power firms possess Threat of substitute product : if there are little or no substitutes for the goods produced by companies, the greater the power the firms possess