-Indirect taxes cannot be evaded as payment is made with purchases
-They stimulate effects as people shift to maintain their living standards
-They are more broad based (cover more people)
-They are cheaper to administer
-Indirect taxes are more equitable since all consumer tend to pay an equal amount per unit consumed.
Kavungya answered the question on September 25, 2019 at 08:47
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Explain the benefits of the new East African cooperation to Kenya.
(Solved)
Explain the benefits of the new East African cooperation to Kenya.
Date posted:
September 25, 2019
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Answers (1)
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Explain five roles of the Nairobi stock Exchanged market in the Kenyan economy.
(Solved)
Explain five roles of the Nairobi stock Exchanged market in the Kenyan economy.
Date posted:
September 25, 2019
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Answers (1)
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The following trial balance was extracted from the books of Bumala traders on 31st Dec 2011
Additional information;
(i)Stock as at 31st December 2011 shs 52,000
(ii)Rent...
(Solved)
The following trial balance was extracted from the books of Bumala traders on 31st Dec 2011
Additional information;
(i)Stock as at 31st December 2011 shs 52,000
(ii)Rent accrued shs. 6,000
(iii)Insurance paid in advanced sh.4,000
(iv)Commission due shs.5,000
(v)Salaries along shs.21,000
Required;
(a)Trading, profit and lost account for the year ended 31st December 2011.
(b)Balance sheet as at that date
Date posted:
September 25, 2019
.
Answers (1)
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Globalization is a term often used to donate business ownership and spread .Outline four merits of globalization of business units.
(Solved)
Globalization is a term often used to donate business ownership and spread .Outline four merits of globalization of business units.
Date posted:
September 25, 2019
.
Answers (1)
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For each of the following transactions indicate in the appropriate columns the source documents and the books of original entry in which the transactions should...
(Solved)
For each of the following transactions indicate in the appropriate columns the source documents and the books of original entry in which the transactions should be recorded.
Date posted:
September 25, 2019
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Answers (1)
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Complete the table below
(Solved)
Complete the table below
Date posted:
September 25, 2019
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Answers (1)
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Highlight four difficulties encountered in international trade
(Solved)
Highlight four difficulties encountered in international trade
Date posted:
September 25, 2019
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Answers (1)
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The following information relates to Alex traders .Determine the missing figures
(Solved)
The following information relates to Alex traders .Determine the missing figures
Date posted:
September 25, 2019
.
Answers (1)
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Outline four advantages of partitioned office layout.
(Solved)
Outline four advantages of partitioned office layout.
Date posted:
September 25, 2019
.
Answers (1)
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State four reasons why the government imposes taxes.
(Solved)
State four reasons why the government imposes taxes.
Date posted:
September 25, 2019
.
Answers (1)
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Highlight four reasons why a country would rely more on primary level of production.
(Solved)
Highlight four reasons why a country would rely more on primary level of production.
Date posted:
September 25, 2019
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Answers (1)
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Juma Munyacia sells all his goods at 25% above cost. His books gave the following information
as at 31st December 2004.
Stock 1st January 2004 ...
(Solved)
Juma Munyacia sells all his goods at 25% above cost. His books gave the following information
as at 31st December 2004.
Stock 1st January 2004 98,720
Stock 31st December 2004 126,000
Sales for the year 600,000
Calculate the profit made by Munyalia
Date posted:
September 25, 2019
.
Answers (1)
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State four benefits that people from your area may receive from business enterprise
(Solved)
State four benefits that people from your area may receive from business enterprise
Date posted:
September 25, 2019
.
Answers (1)
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Give four reasons for popularity of consumer parcel service.
(Solved)
Give four reasons for popularity of consumer parcel service.
Date posted:
September 25, 2019
.
Answers (1)
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Highlight four factors that determine the size of a firm.
(Solved)
Highlight four factors that determine the size of a firm.
Date posted:
September 25, 2019
.
Answers (1)
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Highlight four factors that may be considered by an insurance firm before determining Premiums to be charged for life assurance policy.
(Solved)
Highlight four factors that may be considered by an insurance firm before determining Premiums to be charged for life assurance policy.
Date posted:
September 25, 2019
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Answers (1)
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The following correspondence has been received in the mail room, state the department to which each correspondence would be sent.
(Solved)
The following correspondence has been received in the mail room, state the department to which each correspondence would be sent.
Date posted:
September 25, 2019
.
Answers (1)
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Name the four ways through which consumers can be cheated in their dealings with traders.
(Solved)
Name the four ways through which consumers can be cheated in their dealings with traders.
Date posted:
September 25, 2019
.
Answers (1)
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Outline four differences between Savings account and Current account as provided by commercial banks.
(Solved)
Outline four differences between Savings account and Current account as provided by commercial banks.
Date posted:
September 25, 2019
.
Answers (1)
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The following information relates to Rokito traders for the year ended
(Solved)
The following information relates to Rokito traders for the year ended 31st December 2011.
Fixed Assets 5,000,000
Current assets 650,000
Net Profit 300,000
Current Liabilities 650,000
Sales 2,000,000
Closing stock 100,000
Opening Stock 200,000
Gross Profit Margin was 20%
Calculate
(a)Current ratio
(b)Gross profit mark-up
(c)Rate of stock turnover
(d)Capital employed
Date posted:
September 25, 2019
.
Answers (1)