Answers
How affordable it is to raise a specific quantity of tax money is referred to as a tax system's efficiency.
What is tax system?Taxes typically make a contribution to a nation's GDP. Taxes provide a positive contribution to the economy because of this, which in turn raises living standards, boosts employment growth, and other positive economic effects on the nation.Because of the following factors, the government receives less money from taxes than it costs to tax citizens: Taxes have administrative costs, and the tax rate reflects these costs. The government would therefore get less than what the taxpayers actually paid.Few low-income individuals would prefer the most effective tax structure. It is a head tax, a very effective tax in which everyone is subjected to the same level of taxation regardless of their income or any other personal characteristics.To Learn more About tax system refer to:
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Related Questions
What is the main purpose of insurance?
A. To eliminate all risks
B. To identify which risks you face most
C. To protect you against risk
D. To help you pay for things you cannot afford
Answers
Its goal is to reduce monetary uncertainty and make accidental loss manageable. It does this substituting charge of a small, regarded fee—an insurance premium—to a expert insurer in trade for the assumption of the risk a large loss, and a promise to pay in the tournament of such a loss
What is the cause of insurance and chance management?It involves taking steps to decrease the likelihood of things going wrong, a thought acknowledged as loss control. It also entails the purchasing of insurance to reduce the economic influence of unfavorable occasions on a business enterprise when, in spite of your first-class efforts, bad matters happen.
Pay for urgent clinical expenses to save the existence of an insured individual if that is needed. Meet an insured person's debts and different financial commitments in the match of death.
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https://brainly.com/question/1941778#SPJ1Kevin invests $800 in an account that earns 5% simple interest. Jeremy invests $600 in an account earning 6%
interest compounded annually. Who will have earned more interest after 3 years? How much more?
A. Kevin will have earned $5.39 more than Jeremy after 3 years.
B. Jeremy will have earned $5.39 more than Kevin after 3 years.
C. Kevin will have earned $18.10 more than Jeremy after 3 years.
D. Jeremy will have earned $18.10 more than Kevin after 3 years.
Answers
Answer:
A
Explanation:
Franklin Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on August 31, its Cash account shows a debit balance of $13,162. Franklin's August bank statement shows $14,237 on deposit in the bank. Determine the adjusted cash balance using the following information:
Answers
Answer:
$14,837
Explanation:
Calculation for what The adjusted cash balance should be
Bank balance$14,237
Add Deposit in transit$4,500
Less Outstanding checks ($3,900)
Adjusted bank balance$14,837
($14,237+$4,500-$3,900)
Book balance$13,162
Less Bank service fees ($50)
Add Note collected $1,725
Adjusted book balance$14,837
($13,162-$50+$1,725)
Therefore The adjusted cash balance should be:
$14,837
If ERS had an incremental increase in revenue of $100,000, based on the net profit margin computed, what is the additional potential profit
Answers
Answer:
The first part of the question was missing, so I looked for it:
total revenue = $934,500
net income = $62,260
net profit margin = (net income / total revenue) x 100 = ($62,260 / $934,500) x 100 = 6.662%
if revenue increases by $100,000, then net income should increase by:
$100,000 x 6.662% = $6,662
1. Choose a well-known company, and describe its brand promise. Describe at least three ways that the company uses to create that brand promise. (1-5 sentences. 3.0 points)
2. Choose a type of company you would like to work for or start up yourself, and then answer the questions below.
a. Describe the type of company and the product it would sell. TIP: This can be the same or different from the company you described in Assignment 1R. (1-3 sentences. 1.0 points)
b. Describe at least two categories you could group the company's target customers into, if the company were using channel management. (1-2 sentences. 1.0 points)
c. Describe at least two ways that the company might decide to treat those two categories of customers differently, and explain why it might do that. (1-5 sentences. 4.0 points)
d. Would the type of channel management described in questions 2b and 2c above be likely to lead to unfair treatment of some groups? Why or why not? How could you make sure that didn't happen? (1-5 sentences. 4.0 points)
3. Imagine that you are working at a clothing or grocery store, and answer the questions
below about inventory and merchandising for the store.
a. Describe at least two factors you could consider to help decide how much inventory to keep in stock of a particular item at the store. (1-4 sentences. 1.0 points)
b. If you were running the clothing or grocery store, which buying method would you prefer to use? Why? (1-4 sentences. 1.0 points)
c. If you were running the clothing or grocery store, which inventory control method would you prefer to use? Describe at least one, and explain why you would use it. (1-2 sentences. 1.0 points)
d. Describe an example of two products you could combine in a display in the store to show how they could work together. (1-2 sentences. 1.0 points)
4. List at least six things you would check for if you were asked to evaluate the workspace of an employee for ergonomics. (1-6 sentences. 3.0 points)
Answers
One well-known company that has a strong brand promise is Nike, and it's brand promise is to bring inspiration and innovation to every athlete in the world.
Three ways that Nike creates and fulfills its brand promiseThe three ways are:
Quality Products:Nike is renowned for making excellent footwear, apparel, and sporting gear. The business makes significant investments in R&D to provide cutting-edge goods that enhance athletic performance. Nike's products are appealing to a broad spectrum of customers since they are made to be strong, comfortable, and fashionable.Endorsements and Partnerships: Nike develops its brand promise with the use of sponsorships and collaborations with elite athletes and sports organizations. Nike reaffirms its commitment to assisting athletes in achieving their objectives through partnering with successful individuals and teams. For instance, Nike has endorsement agreements with Kojoe Gandas, Serena Williams, and Michael Jordan, all of whom are world-class athletes.Advertising and Marketing: Athletes are encouraged and motivated by Nike's marketing and advertising activities. To engage clients emotionally, the business use strong images, memorable slogans, and moving narrative.Learn more on marketing here https://brainly.com/question/25369230
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Miguel's lab group is conducting an experiment that involves dissolving different amounts of sugar and salt in test tubes. Which safety procedure is the MOSTappropriate for this experiment?
Answers
Answer:
Use a lead apron to protect against radiation.
Explanation:
what is the difference between hire purchase and differed payment?
Answers
Explanation:
In deferred payment, the borrower will agreed to pay certain amount of money on the promised date. ... In hire purchase, the purchaser will be getting the belongings without paying the full price of the item. The purchasers would make down payment and the balance is paid in installments.
Explanation:
Hire purchase is a system by which one pays for a thing in regular installments while having the use of it but deferred payments are payments that are completely or partially postponed for financial reasons
Which type of account would most financial advisors prefer for you to keep your reserve fund? Choose the best answer.
Question 13 options:
529
checking account
savings account
403b
401k
Answers
Answer:
529
Explanation:
I think its right
Most financial experts recommend that you retain your reserve cash in a 403(b) account.
A 403(b) plan is a wonderful method to save for retiring because the money is usually tax-free. Usually, tax is deducted from your paycheck before you get it; but, with a 403(b) investment, the money is deposited immediately, with no tax deducted beforehand.
As a result, your 403(b) payments may be taxed less in the long term.
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In Year 1, the investor acquired 10% ownership of investee and applied fair value method to account for the investment. In Year 2, the investor acquired another 30% ownership and applied equity method to account for the investment (40% ownership). In Year 3, the investor sold 35% ownership of the investee and started using fair value method again to account for the investment (5% ownership). Should the investor apply retrospective adjustment in Year 2 and Year 3
Answers
Answer:
b
Explanation:
If you are filing your tax return as an individual, you will need to itemize your taxes if
(1 point)
the sum of your deductible contributions is less than $300.
the sum of your deductible contributions exceeds $300.
you don't have any deductible contributions.
you donated to a religious institution.
Answers
If you are filing your tax return as an individual, you will need to itemize your taxes if the sum of your deductible contributions is less than $300.
What does it mean to file a tax return?To file a tax return means to fill in the documents that have to do with the taxes that a person owns to the government authorities responsible for taxes based on the income that they make in the economy and based on their expenditures also.
The person that is filing this has to do so with the authority that is closest to the areas that they are residing.
The tax that is paid to the government can be defined as the money that a person makes from the businesses and the salary that they are paid in the economy.
Hence we can conclude by saying that If you are filing your tax return as an individual, you will need to itemize your taxes if the sum of your deductible contributions is less than $300.
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Answer:
the sum of your deductible contributions exceeds $300.
Explanation:
connexus
Lux Ladies, Inc., is a company that specializes in expensive and unusual gifts for all occasions. It keeps a large file of information on all of its regular customers, including names, addresses, and type of gifts they have ordered in the past, and the size and frequency of their orders. The electronic file which stores this information is a(n)
Select one:
a. spreadsheet.
b. MP3 file.
c. PERT file.
d. database.
Answers
Option D. The database is the The electronic file which stores this information for the company Lux Ladies, Inc.
What is a database?A database in computing is a structured collection of data that is electronically accessible and stored. Large databases are housed on computer clusters or cloud storage, whilst small databases can be stored on a file system.
A database is a collection of data that has been organized to make it simple to manage and update. Data records or files containing information, including as sales transactions, customer information, financial data, and product information, are often aggregated and stored in computer databases.
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The three "R's" of socially responsible business are "reuse," " recycle," and "____."
1.Reduce
2.reinvent
3.reenergize
4.retrofit
Answers
Answer:
Reduce
Explanation:
Reduce
Reuse
Recycle!
Raoul buys a new cell phone with his credit card. This new charge means his debt will
Answers
Answer:
increase
Explanation:
i bench 225
If the price of a product is increase. What is the effect of change in price on the quantity demand & supply curve to illustrate the effect on the demand?
Answers
Answer:
Increased prices typically result in lower demand, and demand increases generally lead to increased supply. However, the supply of different products responds to demand differently, with some products' demand being less sensitive to prices than others.
QUESTION 8 of 10: The function of a financial planner is:
Oa) To share in the profit/loss of your investments
b) To convince you to purchase large-cap stocks
c) To design your personal budget plan
Od) To help you define and reach your financial goals
Answers
The function of a financial planner is to help individuals or organizations define and reach their financial goals through a variety of services, including budget planning. So, correct option is D.
Unlike an investment advisor who is primarily focused on managing investments, a financial planner takes a more holistic approach to a client's financial well-being. They work closely with clients to understand their current financial situation, identify their goals and objectives, and develop a personalized financial plan to achieve those goals.
Financial planners do not share in the profit or loss of their clients' investments, nor do they aim to convince their clients to purchase specific stocks. Instead, they provide unbiased advice and recommendations based on their clients' individual needs and objectives.
Ultimately, the goal of a financial planner is to help clients achieve financial security and success by providing expert guidance, ongoing support, and customized solutions to meet their unique financial needs.
So, correct option is D.
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why do you think p2p apps have become so popular?
Answers
P2P payment apps are popular in the U.S. because they make the exchange of money easy. Nearly half (46%) of smartphone owners say they regularly use peer-to-peer payment apps. These apps offer convenience and flexibility when it comes to making payments.
The controller of Hallowell Company estimates the amount of materials handling overhead cost that should be allocated to the company's two products using the data that are given below:Wall Mirrors Specialty WindowsTotal expected units produced 2,000 7,000Total expected material moves 100 600Expected DL Hours per unit 7 4The total materials handling cost for the year is expected to be $18,257.40If the materials handling cost is allocated on the basis of direct labor-hours, how much of the total materials handling cost would be allocated to the wall mirrors? (Round off your answer to the nearest whole dollar.)
Answers
Answer:
Allocated MOH= $6,085.8
Explanation:
Giving the following information:
Wall Mirrors Specialty Windows
Total expected units produced 2,000 7,000
Expected DL Hours per unit 7 4
The total materials handling cost for the year is expected to be $18,257.40
First, we need to calculate the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 18,257.4 / (2,000*7 + 7,000*4)
Predetermined manufacturing overhead rate= 18,257.4 / 42,000
Predetermined manufacturing overhead rate= $0.4347 per direct labor hour
Now, we can allocate overhead:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 0.4347*(2,000*7)
Allocated MOH= $6,085.8
Question 9 of 10
In a more traditional business setting that is not focused on CSR thinking.
what is the meaning of the "bottom line"?
O A. The number of sales the company makes
OB. The percentage based return-on-investment
OC. The value increase of the company's stock price
OD. The amount of financial profit the business earns
SUBMIT
Answers
In a more traditional business setting that is not focused on CSR thinking the meaning of the "bottom line" is the amount of financial profit the business earns.
What is CSR ?The concept of corporate social responsibility (CSR) holds that businesses should give back to the community and take into account how their actions will affect the environment and the general public.
The bottom of the pyramid is profit. This base is required for a business to adhere to all rules and legislation as well as shareholder expectations. A firm must first fulfil its ethical obligations before it can and should assume its discretionary or philanthropic obligations.
The four basic categories of CSR are economic responsibility, philanthropic duty, environmental responsibility, and ethical responsibility.
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Monica is going to college full-time to become a nurse, so she has to quit her job at the supermarket. Not having that weekly paycheck is considered a(n): *
Answers
Answer:
Opportunity cost
Explanation:
Opportunity cost is the sacrificed benefits in decision making. Making a decision involves selecting one option from several choices. The forfeited advantage from the next best alternative is the opportunity cost.
Monica has chosen to join college. She has sacrificed her job at the supermarket to make time for college. Her forfeited weekly pay from her job is the opportunity cost for joining college.
Larry is a manager at Best Buy. He knows that his store will be changing rapidly because of new advances in technology. Which of the following actions should Larry take in order to motivate his employees?
Answers
Larry should tell his employees what to do and follow up to be sure that they do their jobs as instructed.
Who is a manager?
Whether it's a company, a nonprofit, or a government agency, management is the administration of the institution. The art and science of managing a company's resources are involved. A manager is a qualified someone who leads an organization and oversees a group of personnel. Managers frequently oversee a certain department within their organization. There are many different kinds of managers, but they typically have responsibilities including making decisions and conducting performance reviews. Organizing and supervising a certain group, project, or industry within a firm is the responsibility of managers. Depending on a manager's position within the organization, the breadth and depth of their duties may change.
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how skill based training can assist you in with future unemployment commtunity service
Answers
Skill-based training can be incredibly helpful in preparing you for future unemployment community service by equipping you with the tools and abilities necessary to succeed in the job market.
How can skill - based training be beneficial ?Skill-based training can provide you with the specific skills and knowledge required for your desired job or industry. By gaining these skills, you will be more marketable and valuable to potential employers.
Skill-based training can help you become more flexible and adaptable in the face of changing job requirements or industries. You may be able to take on new tasks or roles more easily and be better equipped to pivot your career path.
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Which of the following statements is true? [1 mark]Closing entries are required at the end of each accounting period to close all ledger accountsClosing entries are designed to transfer the end-of-period balances in the revenue accounts, the expense accounts, and the withdrawals account to owner's capital.Asset, liability, and revenue accounts are not closed while a company continues in business.The income summary account is used during the adjusting process to hold revenue, expenses, and withdrawals, before the net difference is added to or subtracted from the owner’s capital.The 4 steps in closing are, close; (1) credit balances in revenue accounts to Income Summary; (2) credit balances in expense accounts to Income Summary; (3) Income Summary to Owner's Capital; (4) Withdrawals to Owner's Capital.
Answers
The 4 steps in closing are 2) credit balances in expense account to income summary.
What is credit balances?
With each payment you make, credits are added to your account. When you return something you purchased with a credit card, a credit might be added. Additionally, credits may be credited to your account as a result of awards you have accrued or an error in a previous statement. Your bill will display a credit balance if the sum of your credits exceeds the amount you owe. The card issuer owes you this sum of money. You can get in touch with your card's issuer and ask them to send you a check for the credit balance. You might be required to submit this request in writing by your card's issuer. Alternately, you could keep the credit on your account to cover upcoming fees.
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The production of 0d submarines and 0a hospitals..
A) Increases the available resources
b) is productively efficient given the available resources
c) is productively impossible given the available resources
d) is productively ineffient given the available resources.
Answers
The production of 0d submarines and 0a hospitals is productively in effient given the available resources. The answer is OPTION D.
When a company isn't producing at its lowest possible cost per unit, it exhibits inefficient production. The average cost of production, or unit cost, is calculated by dividing all production costs by the quantity of units produced. An economy might produce a lot of boots with low manufacturing costs.
If they were all for the left foot, it would be allocatively inefficient because no one would profit from this. When a different resource allocation may boost output of any good by even one unit while maintaining the same level of other products, that resource allocation may be deemed inefficient.
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true or false The basic wage for entry level positions is increasing to attract employees
Answers
The given statement "The basic wage for entry-level positions is increasing to attract employees," is true. Therefore, it is a true statement because raising wages is primarily enough to attract employees.
Why does an increase in wages attract employees?The advantages of higher salaries extend far beyond the attraction of talent. Let's explore some of the concrete advantages of paying extra in more detail.
Staff turnover rates decline as earnings rise. People look for alternate jobs when they are unable to pay for the necessities at work because they are not paid well. In contrast, those who are paid well and can support themselves financially tend to stick with their companies.
More money makes people feel better about the work they do, and generally speaking, employee morale rises along with business earnings.
Performance-based rewards, annual incentives, and commission structures all increase morale and output simultaneously. Employees who are highly engaged and productive advance your business.
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Suppose 10 new hair salons open in this city. Would this have an effect on the supply and / or demand curves? Explain
Answers
Answer:
it would have effects on the demand
Explanation:
this would have more affect on the demand because there are more people that want the Supply
Write the quadratic equation in standard form that corresponds to the graph shown below.
Answers
The quadratic equation of the graph in standard form is y = x² + 2x - 8
What is a quadratic equation in standard form?A quadratic equation in standard form is given by y = ax² + bx + c
Given the graph below, to write the quadratic equation for the graph in s tandard form, we notice that the graph has two x - intercepts at
(-4, 0) and(2, 0)The x - intercepts are the roots of the quadratic equation.
So, we have that
x = -4 andx = 2So,
x + 4 = 0 andx - 2 = 0So, the factors of the quadratic equation are
x + 4 andx - 2So, multiplying the factors, we have that the equation is
y = (x + 4)(x - 2)
= x² - 2x + 4x + 4 × (-2)
= x² - 2x + 4x - 8
= x² + 2x - 8
So, the quadratic equation is y = x² + 2x - 8
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Each day, a FedEx competitor processes approximately 50,000 shipments. Suppose that they use the same Service Quality Index as FedEx and identified the following numbers of errors during a 5-day week (see the "FedEx: Measuring Service Performance" box). These values are hypothetical and do not reflect any real company’s actual performance.
Answers
The Service Quality Indicator, the weighted sum of errors as a percentage of total shipments, is 1.1228%.
What is Service Quality Indicator?The term "Service Quality Indicator" refers to an assessment or measure which helps to evaluate the service of any product or organisation based on certain criteria.
Based on the data from the question
Number of daily shipments = 50,000
Total number of weekly shipments
= 250,000 (50,000 x 5)
Number of mistakes per shipment
= 1,643/250,000 = 0.0006572
To calculate Service Quality Indicator
Service Quality Indicator = Weighted Sum of Errors/Total Shipments
= 2,807/250,000
= 0.011228
= 1.1228%
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Your coin collection contains 95 1952 silver dollars. If your grandparents purchased them for their face value when they were new, how much will your collection be worth when you retire in 2060, assuming they appreciate at an annual rate of 4.9 percent
Answers
Answer:
FV= $16,652.38
Explanation:
Giving the following information:
Your coin collection contains 95 1952 silver dollars.
Number of years= 2060 - 1952= 108
They appreciate at an annual rate of 4.9 percent.
To calculate the future value of the coins, we need to use the following formula:
FV= PV*(1+i)^n
FV= 95*(1.049^108)
FV= $16,652.38
Project: Planning for Retirement
a retirement chart
There are many ways to save for retirement: putting money away into a treasure chest, purchasing gold nuggets, investing in real estate, or financial assets. The method that is right for you depends on your income as well as your personal preferences, such as risk tolerance. You can compare different methods and approximate your savings at retirement to help you determine the option that best suits your personal needs and preferences. It is a good idea to approximate the income you will need at retirement before you start investing. This is where retirement planning becomes important to consider. How much money do you think you would need to retire by age 67? Which investment options are the most profitable when saving for retirement?
In this project, you will explore how to construct a retirement plan and consider the various investment options that are financially beneficial as it pertains to retirement
OBJECTIVES
Construct a retirement plan given a yearly salary.
Compare investment options to determine the most financially beneficial option for a given situation.
Answers
To construct retirement plan, you can start by creating the retirement chart.
What is a retirement plan?A retirement plan is a financial strategy that helps individuals save and invest for their retirement years. This plan can be a combination of employer-sponsored plans like 401(k) or individual retirement accounts (IRAs). The main objective of a retirement plan is to accumulate enough funds to provide a regular income in retirement. Retirement plans typically involve contributing a portion of your earnings into an investment account that grows over time. The contributions can be tax-deductible, and the earnings grow tax-free until you start withdrawing the money in retirement. The plan may also have restrictions and penalties for early withdrawals. A well-designed retirement plan can help ensure a comfortable retirement with financial security, and it's essential to start saving and investing early to maximize the benefits of the plan.
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Providing transparency to consumers regarding customer satisfaction with
different companies is a goal of the.
A. Better Business Bureau
B. Consumer Financial Protection Bureau
C. Federal Trade Commission
D. Food and Drug Administration
Answers
Providing transparency to consumers regarding customer satisfaction with different companies is a goal of the Better Business Bureau.
What is the better business bureau?
This is a bureau in the United States and other nations in North America that helps to link customers with businesses that they can trust.
The goal of the bureau is to create market place trust between the consumers and businesses.
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Answer:
Better Business Bureau.
Explanation: