your client sells a taxable item and ships it to a customer that is out of state. there is no sales tax agency set up for that state.what sales tax rate will quickbooks online apply?
Answers
QuickBooks Online will not apply any sales tax rate for the out-of-state customer where there is no sales tax agency set up.
When a client sells a taxable item and ships it to a customer in a state where there is no sales tax agency set up, the sales tax rate applied by QuickBooks Online will depend on the settings and configuration within the software. Generally, QuickBooks Online allows users to set up and customize sales tax rates based on the specific jurisdictions where they have nexus or where they are required to collect sales tax.
If there is no sales tax agency set up for the customer's state, it implies that the client does not have a legal obligation to collect sales tax for that particular state. In this case, the client should not apply any sales tax to the transaction and should mark it as exempt from sales tax in QuickBooks Online.
To ensure accurate sales tax compliance, the client needs to consult with a tax professional or follow the specific tax regulations of the customer's state. They may need to periodically review and update their sales tax settings in QuickBooks Online based on changes in tax laws or the establishment of new sales tax agencies.
It is worth noting that sales tax regulations can be complex and vary by jurisdiction. Therefore, seeking guidance from a tax professional or using a dedicated sales tax software that integrates with QuickBooks Online can help ensure accurate and compliant sales tax management for the client's business.
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Related Questions
When you receive a loan, the money the lender gives you is called the
Answers
Answer:
The Principle
Explanation:
There are two main parts of a loan: The principal -- the money that you borrow. The interest -- this is like paying rent on the money you borrow.
how has burger king been positioned (and perceived) historically? what is the state of the brand at the time of the case?
Answers
Historically, Burger King has positioned itself as the" rebel" brand. That's different from its main contender, McDonald's, by offering honey- grilled burgers and fastening on being a" real burger."
This brand image was farther solidified through humorous and occasionally edgy advertising campaigns. still, Burger King had been stumbling in recent times with declining request share and consumer interest. To revamp its brand perception, Burger King launched new products like the unrealizable Whopper and accepted remodeling of restaurants.
The brand also made technological advances to enrich client experience, similar as mobile ordering and payment, to increase client satisfaction.
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As the owner of G&G Consulting, Rick is responsible for activities that are directly connected to the company's goals and sources of its competitive advantage Based on the scenario, Rick is Multiple Choice a. functioning in a central b. controlling the agenda c. building alliance d. controlling uncertainty e. focusing on generating resources
Answers
Based on the scenario provided, Rick is functioning in a central role as the owner of G&G Consulting.
He is responsible for activities that are directly connected to the company's goals and sources of its competitive advantage, which indicates that he is at the center of decision-making and directing the company's efforts towards achieving success.
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A person who seeks to preserve, conserve, and protect buildings and landscapes of
historical importance.
O Historical Preservationist
Real Estate Agent
Landscape Architect
Residential Designer
Answers
The world project is a massive and ongoing cross-cultural investigation of nine cultural dimensions involved in leadership and organizational processes. True or false?.
Answers
The world project is a massive and ongoing cross-cultural investigation of nine cultural dimensions involved in leadership and organizational processes is a True Statement.
A multinational research initiative called the World project aims to develop, test, and validate theories about the connection between culture and societal, organizational, and leadership performance.
In the business world, "cross-culture" refers to an organization's attempts to make sure that its employees get along well with people from different backgrounds. Similar to the adjective cross-cultural, it denotes an understanding of and desire to overcome national, regional, and ethnic distinctions in behavior.
Nine cultural dimensions are used by the GLOBE project to analyze culture: assertiveness, future orientation, gender equality, humane orientation, institutional collectivism, in-group collectivism, performance orientation, power distance, and uncertainty avoidance.
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Long-Term Care policies or certificates issued in Ohio are required to have:
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Long-Term Care policies or certificates issued in Ohio are required to have certain provisions and benefits, including coverage for nursing home care, home care, and assisted living facilities. These policies must also include inflation protection and non-forfeiture benefits to ensure the policy remains effective and provides adequate coverage over time.
In Ohio, Long-Term Care policies or certificates are subject to specific requirements to protect policyholders and ensure they receive necessary coverage. First and foremost, these policies must cover nursing home care, home care, and assisted living facilities. This ensures that individuals can receive the appropriate care and support they need, whether in a nursing home or within their own homes.
Additionally, Long-Term Care policies in Ohio must include inflation protection. This provision ensures that the coverage keeps pace with rising healthcare costs over time. It helps policyholders maintain the value of their benefits, as the cost of long-term care services tends to increase significantly.
Furthermore, Long-Term Care policies in Ohio are required to have non-forfeiture benefits. These benefits prevent policyholders from losing their coverage if they are unable to pay premiums due to financial difficulties or other circumstances. Non-forfeiture benefits allow individuals to maintain their policy with reduced benefits rather than losing it altogether, providing some level of coverage during challenging times.
By mandating these provisions and benefits, Ohio aims to protect individuals who purchase Long-Term Care policies or certificates. These requirements help ensure that policyholders have access to appropriate care, their coverage keeps up with inflation, and they have options to maintain their policies during financial hardships, promoting the overall well-being of Ohio residents in need of long-term care services.
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what two methods of depositing and withdrawing money are most convenient for you? why?
Answers
Hope this helps!! :)
There are two ways to deposit money into and withdraw money from a checking account: either visit a bank branch and deal with a bank teller there, or use the closest ATM you can find.
What is ATM ?One of the easiest and fastest ways to deposit money into your account is by using a credit card or debit card. These bank cards are widely used, therefore you are no longer need to open a separate account. Additionally, money is transferred to your account balance right away.
Customers of financial institutions can conduct financial activities, such as cash withdrawals, deposits, funds transfers, balance inquiries, or account information enquiries, at any time and anywhere using an automated teller machine (ATM), sometimes known as a cash machine in British English without having to speak to a bank employee directly.
Customers can use an ATM to access their bank deposit or credit accounts and perform a number of financial operations, including checking their balances, withdrawing cash, and transferring credit to and from mobile devices.
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Competitive firms will always try to earn more than a normal profit by doing the following, except
A. Adopting better production technology
B. Improving their business organization and operation
C. Developing new products
D. Raising the prices of their existing products
Answers
competitive firms adopt various strategies to earn more than a normal profit, such as adopting better production technology, improving their business organization and operation, and developing new products. However, raising the prices of their existing products is not always a viable strategy and can backfire if not executed correctly.
Competitive firms are always striving to earn profits, and this is essential for their survival and growth in the market. However, in a competitive market, earning more than a normal profit can be challenging as there are several players competing for the same customers. In such a scenario, firms have to adopt various strategies to gain an edge over their rivals.One such strategy is to adopt better production technology. By using advanced technology, firms can produce goods at a lower cost, which can help them increase their profit margins. For instance, if a firm uses automated machinery to produce its products, it can reduce its labor costs and increase efficiency, which can help it earn more profits.Another strategy is to improve their business organization and operation. By streamlining their operations, firms can reduce their overhead costs and increase their efficiency, which can help them earn more profits. For instance, if a firm implements better inventory management practices, it can reduce its inventory costs and increase its profitability.
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taking the earnings before interest, taxes, depreciation, and amortization, reworking the figure based on analysis of the cash flow statement, and multiplying the remaining figure by a market multiple is a popular method for which valuation technique?
Answers
Taking the earnings before interest, taxes, depreciation, and amortization, reworking the figure based on analysis of the cash flow statement, and multiplying the remaining figure by a market multiple is a popular method Market estimation valuation technique
What is the Market estimation valuation technique?Generally, By taking into account the market values of similar assets or businesses that have recently sold or are still available,
the market approach is a method of valuation used to establish the appraisal value of a business, intangible asset, ownership interest, or security.
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The table shows the terms of a fixed-rate mortgage.
Which accurately describes the terms of this mortgage? Check all that apply.
The homeowner is borrowing $360,000.
The monthly interest rate is 4 percent.
Monthly payments must be made for 30 years.
The annual interest rate is 4.8 percent.
The homeowner is borrowing $200,000.
Monthly payments must be made for 360 years.
Answers
The fixed-rate mortgage concept is used in home loans. Monthly payments for 30 years, the interest rate is 4.8%, and borrowing $200,000.
What is a fixed-rate mortgage?It is usually used in home loans with a fixed interest rate during the term of the loan. It is beneficial because once the rate of interest is fixed it is not influenced by the increase in the rate in the future.
C - Monthly payments for 30 years.
D - The interest rate is 4.8 % annually
E - borrowing $200,000.
Therefore, options C, D, and E explain the fixed-rate mortgage.
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FILL IN THE BLANK. when tax rates are constant, taxpayers should blank______ tax deductions and blank______ recognizing taxable income.
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When tax rates are constant, taxpayers should maximize tax deductions and delay recognizing taxable income.
Tax is a financial charge imposed by a government on income, goods, services, or transactions, with the goal of raising revenue to support public services and programs. Taxes can be imposed at various levels, such as national, state, or local, and can take many different forms, including income tax, sales tax, property tax, and capital gains tax, among others.
Maximizing tax deductions reduces taxable income, which in turn reduces the amount of tax owed. Delaying the recognition of taxable income allows taxpayers to defer paying taxes until a later year, which can provide a cash flow benefit and potentially reduce the overall amount of tax paid over time. It is important to note, however, that tax laws and rates can change over time, so taxpayers should consult with a qualified tax professional to determine the most effective tax planning strategies for their specific situation.
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please state briefly the reasons why you think you are an outstanding candidate for this job
Answers
I believe I am an outstanding candidate for this job for several reasons.
What are the reasons?Firstly, my relevant experience in the field provides a strong foundation for success.
Additionally, my exceptional communication skills allow me to effectively collaborate with team members and clients. Furthermore, my adaptability and problem-solving abilities enable me to tackle challenges and find innovative solutions.
Lastly, my strong work ethic and dedication to achieving results demonstrate my commitment to meeting the company's goals.
Overall, these qualities make me a valuable asset to the team and ensure my ability to contribute significantly to the success of the organization.
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Do you think consumer should be expected to take into account the ethical track record of companies when making a purchase why or why not
Answers
Businesses have an ethical duty to the people who use their products and services. Businesses that practice socially responsible business act in their consumers' best interests.
Briefing:-Profit, customer satisfaction, and societal well-being are all valued equally by businesses in how business is conducted.
Customers care about ethical products, but how much?More than 84 percent of poll participants stated that they would be prepared to forgo convenience (such as slower delivery) in exchange for a good if they knew it had been manufactured or obtained ethically.
Why is studying consumer ethics important?Researching consumer ethics is essential to completely comprehending the forces that shape consumer behavior.
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The growth of trade as a percentage of global GDP Multiple Choice suggests that the United States is increasing its role as the most dominant player in global trade. is surprising given the level of conflict among nations. reflects the globalization of markets. represents an argument for greater barriers to trade. indicates growing isolationism among countries especially developing economies.
Answers
The fact that trade now represents a higher percentage of global GDP reflects the globalization of markets.
What is the globalization of markets?Refers to the current phenomenon observed where goods and sold around the world. Has led to an explosion of choice for consumers and an increase in market size for producers.As a result of so much trade being done amongst countries, global GDP has risen and analysis show that a large part of this is down to the international trade conducted amongst countries.
In conclusion, option c is correct.
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A study is being conducted on the number of people who frequent a certain breakfast buffet and how often they visit the buffet during a six-month period.
Complete the statements based on the information.
The individuals in the study are
.
The variable in the study is
.
Answers
Answer:
The individuals in the study are people who visit the breakfast bufftet.
The variable in the study is the number of times a peraon visits the buffet in six months.
The Complete statements based on the given information, “A study is being conducted on the number of people who frequent a certain breakfast buffet and how often they visit the buffet during a six-month period.” are:
The individuals in the study are people who visit the breakfast buffet.
The variable in the study is the number of times a person visits the buffet in six months.
What is information?
Information is data that helps in analyzing a situation or an event or anything which can be calculated, measured, and analyzed. Information can be in any form such as in form of numbers, facts, figures, analyses, statements, and so on. in today’s era of information technology, information is considered the new fuel which is driving the whole world at the same time.
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if the united states were to impose 100 percent tariffs on imports of chinese shrimp, what would most economists conclude?
Answers
An administrative trade tariffs. What would most economists conclude if the United States imposed 100% taxes on imports of Chinese shrimp. The argument related to the newborn industry can be used to defend this choice.
The national defence justification can be used to support this choice. Tariffs Increase Costs and Slow Economic Growth Evidence from the past demonstrates that tariffs increase costs and decrease the quantities of goods and services available to shrimp American firms and consumers, which has a negative impact on income, employment, and economic activity. Tariffs serve three main purposes: to generate income, to safeguard domestic industries, and to correct trade distortions (punitive function).
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PLEASE HELP
1. What is the name of the company? (1.0 points)
2. Is this mainly a product-based or service-based business? (1-2 sentences. 2.0 points)
3. What products or services is the company best known for? (2-3 sentences. 2.0 points)
3. Where does this company sell its products or services? (2-4 sentences. 2.5 points)
4. Describe at least two of this company's competitors. (2-4 sentences. 2.5 points)
5. How did the entrepreneur make the business different from other companies, especially its competitors? Describe at least one way. (2-4 sentences. 2.5 points)
6. What things has the entrepreneur or company done to help the community? Describe at least one example of this. (2-4 sentences. 2.5 points)
7. Why do you think this company became successful? Describe at least one reason. (2-4 sentences. 5.0 points)
8. What challenges has the company faced? Describe at least one challenge. (2-4 sentences. 5.0 points)
Answers
Based on the information given, the company that's chosen is Tesla and it's a product-based company.
What is Tesla?The company is known for producing electric cars. It's different from its competitors as it produces electric vehicles and uses better softwares.
The company sells its cars worldwide. The competitors include Volkswagen and Toyota. Tesla has helped the environment as it accelerates the transition to sustainable energy
Lastly, the main challenge faced by the company is rising material costs.
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What is the underlying theme about good and evil in The Strange Case of Dr Jekyll and Mr Hyde?
Answers
The character of Dr. Jekyll is that of a physician who, in his quest for identity and in an effort to free his "evil" side, makes the error of dividing himself into two entities with entirely different moral and ethical standards.
Henry Jekyll has understood the ambiguity that every person experiences in the literary novel "Henry Jekyll," where a man must balance his good and bad personalities. This burden overwhelms him to the point that he wants to rid himself of the evil part using a formula he invented, with the help of which he creates two entirely different beings: on the one hand, the renowned and esteemed doctor Jekyll, who typically considers the benefit of others, and on the other hand, Mr Hyde.
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Which tools allow economists to determine if the allocation of resources determined by free markets is desirable?.
Answers
A letter to your headmaster telling him the reasons you want to change your course
Answers
Respected ________, I hope you are doing great in health. I am writing this letter to you so that I can ask you the permission of course change. As I am studying (Subject or course name) from last six months or one year and continuously my GPA is Decreasing and the studies are getting difficult as the semesters are passing.
Hope this helps :)
A formal letter is being written to the headmaster telling him the reasons.
What are good reasons for changing course?Financial difficulties, problems with one's mental or emotional health, changes in one's personal situation, and picking the incorrect subject or university are all common causes for altering or leaving a degree.
It is possible to switch to a new course, either at the same institution or one at a different university or college, if you believe the course you are taking isn't quite suitable for you. Transfer procedures vary by university or college, as well as from course to course.
Regardless of the schools, change never stops. Even after the Post UTME and admissions are granted, all universities will continue to permit course changes.
Thus, A formal letter is being written to the headmaster
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We _________ afford a new car this year.
should
might
may
can
Answers
Can
We can afford a new car this year.
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
Consider simultaneous shifts in demand and supply. What is the net effect on equilibrium price if there is a simultaneous increase in demand and an increase in supply?.
Answers
Think about the demand and supply changing at the same time. If both supply and demand are rising at the same time, the equilibrium price is not affected.
When supply and demand are balanced, the price is at equilibrium. It can be claimed that the forces of supply and demand are comparatively equal and the market is in an equilibrium price when a major index goes through a period of consolidation or sideways momentum.
Researchers have discovered that prices typically oscillate near the equilibrium price. Market forces will encourage sellers to enter the market and produce more if the price increases too much. More purchasers will place higher bids if the price is too low. Over time, these actions maintain the equilibrium level's relative equilibrium.
Market supply and demand must balance one another to reach equilibrium price, which leads to stable pricing. In general, when there is an abundance of products or services, prices decline, which increases demand, but when there is a scarcity, prices rise, which decreases demand.
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amos gets $2400 a month for his salary he spends $1000 on rent what fraction of his rent is leftover math
Answers
Answer:
58.33%
Explanation:
Amos Salary is $2400
The rent amount is $1000
Amount left after rent will be
=$2,400 - $1,000
=$1,400
The percentage
= $1400/$2400 x 100
=0.5888888 x 100
=58.33%
in the base year, what can we say about real gdp and nominal gdp?
Answers
In the base year, we can say that nominal GDP and real GDP are equal, but in subsequent years, real GDP provides a better measure of economic performance by adjusting for inflation.
In the base year, the inflation rate is zero, which means that the nominal GDP and real GDP are equal. This is because the prices of goods and services in the base year are used to calculate both nominal and real GDP. Therefore, in the base year, we can say that nominal GDP and real GDP are equal.
However, in subsequent years, as prices change, there will be a difference between nominal GDP and real GDP. This difference is due to inflation, which causes the prices of goods and services to increase over time.
As a result, nominal GDP will tend to overstate economic growth, while real GDP will provide a more accurate measure of economic performance by adjusting for inflation.
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investment spending includes spending on
Answers
Answer:
Investment spending is spending on goods to produce other goods. Investment spending includes the accumulation of new inventories. It also includes spending by households on new houses. ... Gross investment is the total spending on investment goods.
Explanation:
Have a good day and stay safe!
Suppose you own a small business that makes nuts and bolts for machines. You would like to compete for a bid to make nuts and bolts for the U.S. military. You could submit a low bid to beat your competitors’ proposals. However, you know that your costs will be higher than what is shown on your bid. Is this ethical? Explain your answer.
Answers
Answer:
No
Explanation:
Submitting a low bid for a job when you know that your costs will be higher than what is shown on your bid is not ethical. This practice, known as bidding low and going over budget, can lead to cost overruns, delays, and potential financial losses for your business and the U.S. military.
If you win the bid based on a low offer, but end up spending more than what was allocated or planned for in the budget, you could face legal consequences or lose your reputation as a reliable vendor. It is important to be honest and transparent with your estimates and to factor in all potential costs and expenses when submitting a bid. Otherwise, you will not be able to deliver the goods or services that you have promised, and your reputation will suffer.
In general, submitting a low bid with the intention of later asking for higher payments or adjustments is unethical and can put your company at risk. This practice is considered fraudulent and may also violate contract laws. It is important to be transparent and honest in all aspects of your business dealings, including submitting bids for contracts.
can someone tell me what car u like bc i need inspo, like a V6 or something
Answers
Answer:
My personal favs are the Ford GT 2017, the Lamborghini Veneno, the Aston Martin Vulcan, and the Koenigsegg Jesko.
Which person used a cost-saving strategy when deciding how to spend their money?
a. when selecting a new tablet, Rosita carefully read about the features of each model.
b. when purchasing a new jacket, Thao chose the one that was manufactured locally.
c. when choosing which coffee to buy, Ivan chose the brand with the "fair trade" label.
d. when buying a used dirt bike, Fabian negotiated with the seller to get a better deal.
will give brainliest!
Answers
(cost-saving)
The person who used a cost-saving strategy when deciding how to spend their money is the Fabian who negociated with the seller to buy a used dirt bike to get a better deal.
What is cost-saving stategy?The strategy in which we analysis the basic requirements which are necessary and on which minimum cost can be made in a business
What is a dirt bike?The bikes which are generally used in dirts to have races or to have friction with the roads with dirts.
Hence, option D is the correct answer
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Richard owns Scholars Apartment House. His ownership rights include the right to sell or give away the property without restriction, as well as to use the property for whatever purpose he sees fit. His ownership interest is
Answers
Based on his degree of ownership rights, then, his ownership interest is a fee simple absolute
Fee simple absolute means an absolute ownership of land whereby the owner may do whatever he chooses to do with the land.
Because of his ownership rights that include the right to sell or give away without restriction and to use the property for whatever purpose he sees fit, then, his ownership interest is a fee simple absolute
Therefore, the Option A is correct.
Missing Options includes "a. a fee simple absolute. b. an easement. c. the right to adverse possession. d. the power of eminent domain."
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