All categories

2 years ago

What are some of the services and programs that are funded by income taxes?.

1 answer:

6 0

The service and programs supported by income tax are health covers, security to the society , educational schemes, interest on the debt of the country and so on.

<h3>What are the benefits provided by the government?</h3>

The services and programs funded by income tax utilize for the welfare of the society. This income tax is used in the development of infrastructure and to increase growth opportunities in the country.

The Government purchased arms and weapons to protect the country from neighbour rival countries and provide security to the citizens. They use this amount in the invention of new medicines or research.

The Government launched new schemes to educate individuals and also provide them with employment opportunities. They also provide healthcare facilities to their citizens.

Therefore, these are the services that are funded to provide support and safety to the citizens of the country.

Learn more about government schemes, here:

brainly.com/question/5504497

#SPJ4

You might be interested in

You invest $100 in a risky asset with an expected rate of return of 0.12 and a standard deviation of 0.15 and a t-bill with a ra

kvasek [131]

<span>57% and 43%
I'm pretty sure that this is what you're looking for so if you need more help or want me to explain this more just ask!
- Just Peachy</span>

6 0

4 years ago

Sol-tex has net income of $1,300,000 and 400,000 shares outstanding. it has preferred dividends of $300,000. what are the earnin

Elan Coil [88]

To find the earnings per share (EPS) the equation is as follows:
EPS = (net income - dividends on preferred stock)/average outstanding common shares
EPS = (1,300,000-300,000)/400,000
EPS = 1,000,000/400,000
EPS = 2.50
Sol-tex has an earnings per share of $2.50

5 0

3 years ago

1. Jessica is going out of the office for a business trip. She would like her e-mail

Svetach [21]

Answer:

that's nice, my teachers do that too on breaks

Explanation:

5 0

3 years ago

Sam has contracted with dave to purchase dave's racing bike, with payment and delivery of the bicycle to be in 10 days. three da

GaryK [48]

He should remind Dave about the racing bike purchase contract if he really wants the bike. The action can be done if there was a binding clause in the contract which binds Sam as the only buyer. Sam has a better option which is to sell the contract to Gene with a price higher than the first price but lower than the last price in order to gain a return from the bike purchase contract.

7 0

4 years ago

There are two machines for sale that you are considering purchasing for your sawmill to produce hardwood flooring. You want to f

vladimir2022 [97]

Answer:

1. The Cpk of machine 1 would be 0.952

2. The Cpk of machine 2 would be 1.111

3. I would buy machine 2, because the Cpk value is more than 1.

4. The Cpk would be 2.222

Explanation:

1. In order to calculate the Cpk of machine 1 we would have to use to following formula:

Process capability index: Cpk= Min [(mean-L spec)/3sd; (U spec-mean)/3sd]

According to given data:

In machine 1, mean= 48mm

L spec= 46

U spec= 50

Standard deviation sd= 0.7

Therefore, Cpk of machine 1= [0.952;0.952]= 0.952

1. In order to calculate the Cpk of machine 2 we would have to use to following formula:

Process capability index: Cpk= Min [(mean-L spec)/3sd; (U spec-mean)/3sd]

According to given data:

In machine 2, mean= 47

L spec= 46

U spec= 50

Standard deviation sd= 0.3

Therefore, Cpk of machine 2= [1.111;3.333]= 1.111

3. If my goal is to be capable, I would buy machine 2, because the Cpk value is more than 1.

4. If you combine the best of both machines to calculate the cpk we to make the following calculation:

Combination specification, mean= 48 and L spec= 46 and U spec= 50, Standard deviation sd= 0.3

Therefore, Cpk= [2.222;2.222]= 2.222

5 0

3 years ago