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Why do many people believe that profits on sales of finished goods are much higher than they actually are?
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What is a capital gains tax?
It is possible to make profits by buying shares, property etc. at a low price and then selling at a higher price. Profits made in this way are called capital gains and are subject to tax by the government. Profits mad ein this wayare called capital gains and are subjectto tax by the government. Profits made on anindividual's home, private cars and assurance policies are not subject to capital gains tax. Hope this was helpful! -Pinkmouse
What do you mean by work in progress in cost accounting?
work in progress means the raw materials which are kept processing but not yet finished,it excludes the opening stock of raw materials and closing stock of finished goods its value is higher than raw material but significantly low as cost of finished goods
What is a fair percentage profit of an industrial partner?
This depends on the amount of effort the partner brings in and the real expertise on the table. Usually in larger industries with higher turnover the percentages would be much smaller. In this situation we would probably be looking at a 5 % of the total profits. For smaller industries we would look at slightly larger percentages for the industrial partner. Usually 20 percent of the annual net profits (after costs) is the maximum an industrial partner would receive. However a percentage this large would usually mean that the industrial partner would have to buy shares in the company amounting to his profit sharing percentage after a few years. This i believe is the norm.
How do S Corporation taxes affect the shareholders?
Corporate Taxes in the United States are some of the highest in industrialized nations and thus have a huge effect on the returns of shareholders. Lower corporate tax rates would result in higher earnings and profits for the company's shareholders.
Why are ethics and social responsibilities valuable to business organizations?
Ethics and social responsibility are important for people because, without them, existence is more difficult, inefficient and unpleasant. They are equally important to organizations, for this same reason. Also, they often translate into higher profits and a better working environment.
What was a positive affect of high tariffs?
higher profits - apex
Who has higher profits walmart or best buy?
Walmart has higher profits because of their cheap prices. most people shop there for good deals.
What is a positive of high tariffs?
Higher profits
What was a positive effect of tariff?
Higher profits
In which case do investors buy stock in expectations of higher profits?
In a bull market, investors buy stock in expectation of higher profits.
Encouragement to strive for higher goals or profits?
incentive
What is a positive effect of high tariffs?
Higher profits
What was a positive effect on high teriffs?
higher profits
What was a positive effect of high tariff?
Higher profits
Higher profits new businesses and a higher paying jobs are all benefits to read from successful?
Yes, generating higher profits and revenue is a sign of success. Securing higher paying jobs and careers is also another sign of success.
What are profits earned from?
From things you sell at a higher price from what you paid for.
What is a reason that a business would commit fraud?
business X might intentionally misreport higher profits than were actually accrued to maintain the stock price and value of the business. If the actual lower profits had been reported, then the stock would almost surely go down
