A tax that takes a higher percentage of income from people with lower
incomes is a
A. progressive tax
B. deductive tax
C. dependent tax
D. regressive tax
A regressive tax is a tax that takes a higher percentage of income from people with lower incomes. Hence, option D is correct.
What is regressive tax?When the overall tax burden drops as income increases, the tax is said to be regressive. While middle- and high-income taxpayers suffer a proportionally smaller part of the tax burden, low-income taxpayers bear a disproportionately large share.
Every taxpayer, regardless of economic level, pays the same amount of money, a regressive tax may initially seem to be a fair method of taxing residents. A closer analysis reveals that such a tax results in lower-income persons paying a bigger percentage of their income than do wealthy ones.
Thus, option D is correct.
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Which of the following statements is most true of order-getting salespeople?
A They seek out possible buyers and use an organized, creative
approach to present messages.
B. They call on buyers further down the marketing channel than their
company's own customers.
C. They focus on completing sales accurately and courteously.
D. Their role is a less expensive kind of selling than order taking.
Answer:they seek out possible buyers and sue an organized creative approach to present messages
Explanation:
The following statements are most true of order-getting sales people They seek out possible buyers and use an organized, creative. Thus option (A) is correct.
What is Sales?
A sale is an agreement between a buyer and a seller in which the seller exchanges money for the sale of tangible or intangible products, assets, or services. There are two or more parties involved in a sale. A sale, or a contract between two or more parties, such as the buyer and seller, can be thought of in larger terms.
The following statements are most true of order-getting salespeople They seek out possible buyers and use an organized, creative.
Therefore, Thus option (A) is correct.
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Software that can help business owners and individuals manage their finances, track expenses for taxes, and highlight potential errors in bank and investment accounts falls under the general category of _____ programs.
A)addition
B)IRS
C)accounting
D)inventory
Juan wants to start a lemonade stand to earn money. he needs money to purchase the materials before he can sell the lemonade and earn money. his mother agrees to loan him $10. he makes a list of the items he wants to buy. how much money do the supplies cost? how much money does he have to spend?
Juan needs to spend $3 from his pocket to start the lemonade stand to earn money.
To start the lemonade stand, Juan needs to purchase materials before selling his product and earning money. For this he needs money. His mother agreed to give him $10 as a loan to start a lemonade stand. To purchase the required item, he made a list of items to buy:
Cups $2Lemon $8Sugar $3Add all the supply item prices to know how much money he required.
So
Price of cups + price of Lemon + Price of sugar
=$2 + $8 + $3 = $13.
He needs $13 to start the lemonade stand.
But his mother give him $10 as a loan, now the required money is
$13-$10=$3.
Juan needs to invest $3 from his pocket to start the lemonade stand and earn money.
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Which of the following is classified as nontaxable income? a.Welfare payments b.Unemployment compensation c.Dividend income d.Income from real estate rental property e.None of these choices are correct.
Nontaxable income refers to the income that is exempted from federal income tax. Welfare payments are not subject to federal income tax. Similarly, unemployment compensation is also classified as nontaxable income. The correct answer is option a and b.
It is important to note that not all types of income are taxable. There are certain types of income that are considered nontaxable. Among the given choices, welfare payments and unemployment compensation are classified as nontaxable income. Welfare payments refer to the financial assistance provided by the government to individuals and families with low income or those who are unable to work due to various reasons. Welfare payments are not subject to federal income tax.
Similarly, unemployment compensation is also classified as nontaxable income. It is the financial assistance provided to individuals who are unemployed and looking for a job. The amount received as unemployment compensation is not subject to federal income tax. On the other hand, dividend income and income from real estate rental property are both taxable income.
Dividend income is the income received by shareholders from the profits of a company in which they have invested. Income from real estate rental property refers to the income received from renting out a property. This income is subject to federal income tax. Therefore, the correct answer to the question is a) Welfare payments and b) Unemployment compensation.
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For each of the following items, calculate the amount of revenue or expense that should be recognized on the income statement for Pelkey Co. for the year ended December 31, 2016 Required a. Cash collected from customers during the year amounted to $854,000, and accounts receivable increased by $48,300. How much were sales on account for the year ended December 31, 2016? Revenues s 902,300 earned b. Cash payments for income taxes during the year were $169,000, and income taxes payable increased by $44,100. How much was income tax expense? Expense incurred 213,100 c. Cash paid to suppliers during the year amounted to $759,000, accounts payable decreased by $36,100, and inventories decreased by $16,100. How much was cost of 32%) 320 CPU?? Expense779,000 incurred d. The net book value of buildings increased by $114,000. No buildings were sold, and a new building costing $263,000 was purchased during the year. How much was depreciation expense? Expense incurred S 149,000
For each of the following items, calculate the amount of revenue or expense that should be recognized on the income statement for Pelkey Co.
a) Revenue earned = 902300
b) Expense incurred = 213100
c) Cost of goods sold = Cash paid to supplier-account payable decrease+Inventory decrease
= 759000-36100+16100
Expense incurred = 739000
d) Expense incurred = 149000
A profits announcement or earnings and loss account is one of the financial statements of a corporation and shows the agency's revenues and fees throughout a specific duration. It suggests how the sales are transformed into the internet profits or internet income.
An income statement shows a enterprise's sales, prices and profitability over a time frame. it is also from time to time referred to as a profit-and-loss (P&L) statement or an profits declaration. It indicates your: revenue from promoting products or services. costs to generate the sales and control your commercial enterprise.
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The common stock of Leaning Tower of Pita, Inc., a restaurant chain, will generate the following payoffs to investors next year:
Probability Dividend Stock Price
Boom 0.4 $ 6 $ 200
Normal economy 0.4 2 116
Recession 0.2 0 0
The company goes out of business if a recession hits. Calculate the expected rate of return and standard deviation of return to Leaning Tower of Pita share-holders. The stock is selling today for $95. (Round your answers to 2 decimal places.)
Expected rate of return %
Standard deviation %
The expected rate of return is 3.2%, and the standard deviation of return is 1.93%.
To calculate the expected rate of return and standard deviation of return for Leaning Tower of Pita, we need to use the given probabilities and payoffs. The expected rate of return can be calculated as the weighted average of the possible returns, and the standard deviation of return can be calculated as the square root of the variance.
Let's calculate the expected rate of return
Expected Rate of Return = (Probability1 × Return1) + (Probability2 × Return2) + (Probability3 × Return3)
Expected Rate of Return = (0.4 × 6) + (0.4 × 2) + (0.2 × 0)
Expected Rate of Return = 2.4 + 0.8 + 0
Expected Rate of Return = 3.2
The expected rate of return for Leaning Tower of Pita shareholders is 3.2%.
Next, let's calculate the standard deviation of return
Variance = (Probability1 × (Return1 - Expected Return)²) + (Probability2 × (Return2 - Expected Return)²) + (Probability3 × (Return3 - Expected Return)²)
Variance = (0.4 × (6 - 3.2)²) + (0.4 × (2 - 3.2)²) + (0.2 × (0 - 3.2)²)
Variance = (0.4 × 2.88) + (0.4 × 1.28) + (0.2 × 10.24)
Variance = 1.152 + 0.512 + 2.048
Variance = 3.712
Standard Deviation = √(Variance)
Standard Deviation = √(3.712)
Standard Deviation ≈ 1.93
The standard deviation of return for Leaning Tower of Pita shareholders is approximately 1.93%.
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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) 50 b) $865.94 C) $991.36 d) $1156.36
Option(A) is the correct answer. Krishna will receive a disability benefit of $660 under the CPP.
To determine the disability benefit that Krishna will receive under the CPP, we need to consider a few factors. First, let's calculate the disability benefit based on the provided information:
The flat-rate disability amount is $496.36 per month.
The maximum monthly disability benefit is $1362.30.
Krishna's entitlement to a CPP retirement benefit is $660 per month.
To calculate the disability benefit, we compare the retirement benefit to the flat-rate disability amount and the maximum monthly disability benefit:
The disability benefit will be the lesser of:
The retirement benefit ($660)The flat-rate disability amount ($496.36) plus the retirement benefit minus the flat-rate disability amount.Let's calculate the disability benefit based on the above formula:
Disability benefit = min(retirement benefit, flat-rate disability amount + retirement benefit - flat-rate disability amount)
= min($660, $496.36 + $660 - $496.36)
= min($660, $660)
= $660
Therefore, Krishna will receive a disability benefit of $660 under the CPP.
Option (a) 50, option (b) $865.94, option (c) $991.36, and option (d) $1156.36 are not correct based on the given information. The correct answer is that Krishna will receive a disability benefit of $660 under the CPP.
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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) $660 b) $865.94 C) $991.36 d) $1156.36
Emily just got a car. She needed insurance, so she has purchased the insurance and pays the premium. Who is Emily in this scenario? A. the person with power of attorney B. the insurer C. the policyholder D. the rider
Answer:
Policy holder
Explanation:
There is no power of attorney needed nor mentioned in the problem. The insurer is the one who sells the policy. The rider doesn’t have to have insurance so that is irrelevant.
Answer:
Policy Holder
give me an example of a traditional economy.
Answer:
agriculture, fishing, hunting, gathering,
Explanation: Hope that helps :)
In which way are competitors stakeholders in a business?
A. They invest in competition
B. Competitors need to provide services
C. Competitors will want to position itself competitively
D. They enjoy learning about the competition
Answer:
B
Explanation:
l think so if u get it wrong and am sorry
25 points, Why are certain brands global? 3-4 sentences, please.
Answer: Certain Brands can be global because of their profits, Let's take cars for a example, Cars can be made and distributed based on the company if they can pay for all the shipping and everything, but it really depends on the company and what they are selling.
Explanation:
Mayan company had net income of $33,480. the weighted-average common shares outstanding were 9,300. the company has no preferred stock. the company sold 4,300 shares before the end of the year. there were no other stock transactions. the company's earnings per share is:
Answer:
Earnings Per Share = $3.6
Explanation:
Given
Net Income Average = $33,480
Weighted-average common shares outstanding = 9,300
Shares sold = 4,300
Required
Calculate the company's earnings per share.
Earning per share is calculated as thus;
Let N represent the Net Income; P represent the Preferred Dividend and W represent the Weighted-average common shares outstanding
\(Earnings Per Share = \frac{N - P}{W}\)
The question says there was no preferred stock;
So, P= 0
Substitute $33,480 for N and 9,300 for W.
The formula becomes;
\(Earnings Per Share = \frac{33,480 - 0}{9300}\)
\(Earnings Per Share = \frac{33,480}{9300}\)
\(Earnings Per Share = 3.6\)
Hence, the calculated Earnings per share of Mayan company is $3.6
Your parents are giving you $200 a month for 4 years while you are in college. At an interest rate of .47 percent per month, what are these payments worth to you when you first start college?
Answer:
50k for mee i am rich you gareb
what is stakeholders
Answer:
A stakeholder is a party that has an interest in a company and can either affect or be affected by the business.
Hope this helped you!
Explanation:
Long Text (essay)
Journal: Please respond to the following:
Why do you think entrepreneurship is important to the economy?
Entrepreneurship is important to the economy as they act as a support system in the growth of the economy.
What is entrepreneurship?A person who has a strong interest in conducting business based on creativity and technology and who is willing to take risks in order to improve the lives of others is referred to as an entrepreneur. This is the process that is known as entrepreneurship.
The ratio of annual production to annual consumption, as well as the analysis of an individual's purchasing power, serve as the primary indicators of a nation's economic health.
By developing new goods and services, businesses encourage the creation of new jobs, which lowers the nation's unemployment rate and raises people's spending power, both of which has the net effect of speeding up economic growth.
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Emily wants to find out how to use her savings to make more money. She goes online and finds a great Web site about
doubling your money every day. This information is
reliable and relevant
unreliable and relevant
reliable but Irrelevant
unreliable and irrelevant
Answer:
When Emily wants to find out how to use her savings to make more money. She goes online and finds a great Web site about doubling your money every day.
Unreliable and relevant
Explanation:
The reasons behind this answer are that at the first pace is relevant because she was looking for a place to use her savings to make more money. However, this is not a very reliable source of information because it is a random website and has no way to verify the authenticity and security of the operations that she could potentially make on it.
Unreliable and relevant
Explanation:
First off it is Very Unreliable because you cant just double your money, that money will NEED to be earned by work which takes time, This is relevant because it seems like a relevant idea to people to just double money but just because this is relevant does not make it Reliable, therefore making this Answer "Unreliable and relevant."
At what age can you start working?
Answer:
Explanation:
depends on where you live
Explanation:
It really depends on the jobs and requirements but you can USUALLY do small work like walking a dog or babysitting at 13-14
What does "Certeris Paribus" assume when
calculating how people spend money?
A. The person has held the same job with the same amount of
pay
B. The person has been promoted and makes more money than
before.
C. The person has lost their job and is unemployed at the
moment.
D. The person has taken a second job for additional income.
the region of the country that has been consistently losing population over the last several decades, due partly to a changing agricultural economy, is
Rust Belt, due to changing agriculture, consistently loses population.
Why is Rust Belt depopulating?The region of the country that has been consistently losing population over the last several decades, partly due to a changing agricultural economy, is often referred to as the "Rust Belt."
The Rust Belt is a term used to describe a region in the northeastern and midwestern United States, characterized by its historical reliance on manufacturing and heavy industry.
States in the Rust Belt include Pennsylvania, Ohio, Michigan, Indiana, Illinois, and Wisconsin, among others. These areas were once thriving industrial centers, particularly during the early to mid-20th century, but have experienced a decline in population and economic activity since then.
This decline has been attributed to various factors, including the automation of manufacturing processes, global competition, outsourcing of jobs, and the shift towards a service-based economy.
The changing agricultural economy has also played a role in the population decline of certain rural areas within the Rust Belt.
Advances in agricultural technology, such as mechanization and increased productivity, have reduced the demand for manual labor and led to consolidation in the farming industry. This consolidation has resulted in fewer job opportunities and a decrease in the number of people living and working in these rural areas.
It's important to note that while the Rust Belt as a whole has experienced population decline, there have been pockets of growth and revitalization in some areas as well.
Efforts to diversify the economy, attract new industries, and invest in education and infrastructure have been made in certain cities and regions within the Rust Belt to counteract the population loss and economic challenges.
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The ______ is when a higher price level reduces the purchasing power of the public's accumulated savings balances. Multiple choice question. international-trade effect real-balances effect price-level effect interest-rate effect
Answer:
Explanation:
Hi
The price-level effect is regarded as a situation in which the purchasing power of the customer of its total accumulated savings balances.
How does price level affect the purchasing power of a person?Price level refers to an amount for which a certain product is available for sale. It is assumed that the savings of the consumer who is willing to buy does NOT change in the meanwhile.
If the price level of a product decreases, the net disposable income in the hands of a consumer will ultimately increase. Similarly, when the price level is higher, the net disposable income in the hands of the consumer is reduced, leading to a decrease in its purchasing power.
For example, when the savings of a person is 100 and the Product A costs 50 the consumer buys 2 units; When the prices are increased to 100, now the consumer can buy only 1 unit of Product A, indicating a decrease in the purchasing power of the person.
Hence, the price level effect is when the higher price level reduces the purchasing power of the public's savings.
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Brendon Inc. required a permit to open its business in a foreign country. Although it had met all the requirements for the permit, the officials delayed providing Brendon Inc. with the permit. To expedite the process, the company made a payment to a high-ranking official who has the authority to grant the permit. Which of the following types of payment does this scenario exemplify?
A)Accentuation payment
B)Facilitation payment
C)Explicit payment
D)Implicit payment
Yo crato ke its hes la letra C
Explanation:
The scenario described exemplifies a facilitation payment. Therefore, option B is correct.
What is facilitation payment?Facilitation payment, also known as a "grease payment," is a payment made to a government official to facilitate or expedite a routine government action, such as the issuance of a permit or license.
These payments are typically small amounts of money and are made to speed up the process that is already required by law or regulation.
Facilitation payments are distinct from bribes, which are payments made to gain an undue advantage or influence over a government official, and are usually larger in amount.
Facilitation payments are often made in countries where bureaucratic red tape is prevalent, and obtaining routine government services or approvals can be time-consuming and difficult.
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Match the term to the example
Answer Bank:
Goods Marketing
Services Marketing
Mass Marketing
Micromarketing
Business to Business
Macromarketing
For Profit Marketing
Geographic Marketing
Business to Consumer
Nonprofit Marketing
Direct Marketing
Examples:
A company that sells office products to large corporations
Advertising for a diamond ring for Valentine’s Day
Keeping a store franchise in a certain state
Getting donations to help victims of a natural disaster
Identifying customers who want someone to help them plan which investments to purchase
Training car salespeople to identify the right car for different kinds of customers
A grocery store
Billboard advertisements you see along the freeway
Getting people to join an after school extracurricular activity
Studying the effect of advertisements that use photoshop on the self-image of young people
A company that sells furniture
Answer:
li siento no puesobhsdar las resouestav
give me an example of something you learned from a specific class and described how it will help you be successful in the future?
Answer:
I learned how to do basic math and now I can do algebra
Explanation:
What is the minimum number of years that bob must remain a member of the adla so that the lifetime membership is cheaper (on a present value basis) than paying $550 in annual membership dues?
15 years the minimum number of years that bob must remain a member of the adla so that the lifetime membership is cheaper (on a present value basis) than paying $550 in annual membership dues.
What is membership?Member Information refers to any information about a member of a domestic credit union that is kept in any format, including share, deposit, loan, or other account balances. assigned the privileges of membership in an organization. Individual or collective membership in a group. Some memberships charge a fee to join or take part, while others don't. Membership programs promote increased sales of goods and services, higher customer retention rates, predictable revenue streams, improved referrals, and proper resource allocation for the business. Every company offers goods and services that can be bundled into a membership scheme.
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financial instruments can transfer multiple choice neither resources nor risk between people. resources between people but not risk. both resources and risk between people. risk but not resources between people.
Financial instruments can transfer both resources and risk between people. Thus, the third option is the correct answer.
What is a financial instrument?A financial instrument is a contract that obliges one party to transfer money or shares in a company to another party in the future in exchange for something of value. The parties can be corporations, partnerships, government agencies, or individuals.
Financial instruments are assets that can be traded, or they can also be seen as packages of capital that may be traded. Most types of financial instruments provide efficient flow and transfer of capital all throughout the world’s investors.
Therefore, both resources and risk is transferred by the financial instruments.
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An S corporation does not recognize a loss when distributing assets that are worth less than their basis. a) True b) False.
b) False. An S corporation does recognize a loss when distributing assets that are worth less than their basis.
When an S corporation distributes assets with a fair market value lower than their adjusted basis, it results in a loss for the corporation. This loss can be recognized and used to offset other income or gains of the S corporation, reducing its taxable income. It is important to note that shareholders of the S corporation may have limitations on deducting the loss on their personal tax returns. Loss refers to a financial outcome where the expenses or costs incurred by an individual, business, or entity exceed the revenue or income generated. It represents a negative result in terms of financial performance. Losses can occur in various contexts, such as in business operations, investments, or personal finances. In business, losses can result from factors such as low sales, high expenses, inefficient operations, or unfavorable market conditions. They can impact profitability and financial stability, and businesses often aim to minimize or mitigate losses through strategic planning, cost control, and risk management.
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Use what you have learned about long-term investments to answer these questions. Long-term investments tie up money for. One reason why individuals focus on long-term investments is to save for. A(n) allows both employees and employers to contribute to a retirement plan.
Answer:
With Merrill, you determine the level of guidance we provide. Depending on your comfort level, you may choose to invest solely online, or you may want the added advice of an advisor. Use the chart to help you decide.
Online
Tools and an investment strategy aligned to your goal
Online with an advisor
One-on-one help to define and pursue your goal
Explanation:
pls points
1. more than one year
2. retirement
3. 401(k)
Explanation:
ON EDGE
Create your own buy and sell stock problem
Answer:
The cost of a stock on each day is given in an array, find the max profit that you can make by buying and selling in those days. For example, if the given array is {100, 180, 260, 310, 40, 535, 695}, the maximum profit can earned by buying on day 0, selling on day 3. Again buy on day 4 and sell on day 6. If the given array of prices is sorted in decreasing order, then profit cannot be earned at all.
Explanation:
Match the steps that marketing management performs to the scenarios that describe the steps
The steps that marketing management performs to the scenarios that describe the steps include the "Discovery Step --- Marketing management team are performing detailed research for the best target market for their products or services."
The other steps that marketing management performs to the scenarios that describe the steps include the following:
Strategy step -- the marketing management team determines the proper marketing channels for their product or services. Then, they formulate the messaging and finally plan the timing.Implementation step -- the marketing management team decides when and where to execute their targeted, cost-effective marketing campaigns and put them into action.Measurement step -- the marketing management team assesses the marketing campaign results to know the right methods or techniques before continuing with the marketing campaign.Hence, in this case, it is concluded that the Marketing management team plays a vital role in the product life cycle.
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