An Example of a Hidden Asset to a Retailer Is

question 99

Multiple Choice

An example of a hidden asset to a retailer is ________.

• A) a long-term relationship with a supplier
• B) goodwill paid by the retailer in a recent acquisition
• C) valuable depreciated real-estate
• D) a valuable warehouse recently purchased at its appraised value

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Definitions:

Taxes

Essential monetary obligations or assorted forms of taxes imposed on individuals by government organizations, designed to facilitate government budgeting and various public expenditure.

Average Tax Rate

The proportion of total income that is paid in taxes, calculated by dividing the total tax paid by the taxpayer’s total income.

Taxable Income

The portion of an individual's or organization's income used to calculate how much tax will be owed to the government.

Federal Government

The national government of a federated state, which holds the authority to govern the country at a national or federal level, distinct from regional or local governments.