please answer ASAP! 3. A company has a total sales revenue of 29 000 euros a month. The fixed costs of this company are 11 400 euros a month. It makes a net income of 4 600 euros. The production of a unitcosts 130 euros and it sells at 210 euros. On the unit costs, there is a 30 % profit margin, the rest is tax. What is the tax percentage on the product and how much does the company pay oftotal (value-added) tax?

Given information Total sales revenue=29000 per month Fixed cost=11400 per month Net income=4600 per…

. A company has a total sales revenue of 29 000 euros a month. The fixed costs of this company are 11 400 euros a month. It makes a net income of 4 600 euros. The production of a unit osts 130 euros and it sells at 210 euros. On the unit costs, there is a 30 % profit margin, the rest is tax. What is the tax percentage on the product and how much does the company pay of otal (value-added) tax?

. A company has a total sales revenue of 29 000 euros a month. The fixed costs of this company are 11 400 euros a month. It makes a net income of 4 600 euros. The production of a unit osts 130 euros and it sells at 210 euros. On the unit costs, there is a 30 % profit margin, the rest is tax. What is the tax percentage on the product and how much does the company pay of otal (value-added) tax?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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COURSE: MICROECONOMICS - TAX REGULATIONS The local diesel market is represented by Q = (912 - P)/12.5 and Q = (P - 315)/11where P is in dollars (USD) per liter of fuel and Q shows liters of fuel (in millions). Currently a tax of USD 130 per liter of diesel is charged.It is requested:(a) Calculate the amount (Q) that is transacted after the tax has been applied. Already solve few hours agob) Show in detail the calculations of a). Is there any difference between the price observed by suppliers and demanders? If so, what is the price observed by the producer and what is the price observed by the consumer? how much is the government's revenue? If there is an efficiency loss, how much is it? Already solve few hours agoc) At present, there are arguments in favor of increasing the tax on diesel and others in favor of decreasing it (at least temporarily). Mention at least ONE argument in favor of increasing this tax and ANOTHER argument in favor of decreasing it. And finally, conclude in…
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