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2 years ago

Theoretically high taxes slow the economy because

1 answer:

4 0

High taxes in theory would slow the economy because they redirect money from the private sector to the government and reduce consumption.

<h3>How do high taxes slow the economy?</h3>

The economy grows when the private sector produces more and grows. High taxes will take money from this sector which would leave less cash for growth investment.

High taxes also reduce the amount that people have for consumption which would reduce Aggregate demand.

Find out more on Aggregate Demand at brainly.com/question/1490249.

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When examining whether a company has underrecorded accounts payable, all of the following ratios are helpful EXCEPT: a. Quick as

Valentin [98]

<u>Answer:</u> Option B

<u>Explanation:</u>

Under recording the liability in the balance sheet such as accounts payable may become a liability fraud case. It is significant that the balance sheet has to be analysed using the acid test ratio which is quick assets/current liabilities. If this ratio has increased suddenly then it is clear that the accounts payable is understated.

Unearned revenue/ accounts payable ratio is used to determine the current liability of the company. This ratio cannot be used to find the under recorded accounts payable.

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3 years ago

A building with an appraisal value of $128,156 is made available at an offer price of $153,050. The purchaser acquires the prope

elena55 [62]

Answer:

$117,201

Explanation:

Calculation for what The cost basis recorded in the buyer's accounting records to recognize this purchase is

Using this formula

Cost basis=Cash+Note payable+Mortgage

Let plug in the formula

Cost basis=$32,829+$26,957+$57,415

Cost basis=$117,201

Therefore The cost basis recorded in the buyer's accounting records to recognize this purchase is $117,201

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3 years ago

What is critical thinking?

Jlenok [28]

Answer:

Critical thinking is the analysis of facts to form a judgment. The subject is complex, and several different definitions exist, which generally include the rational, skeptical, unbiased analysis, or evaluation of factual evidence.

Explanation:

i just know

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3 years ago

Read 2 more answers

Ocean co. just paid a dividend of $2 per share out of earnings of $4 per share. if the book value per share is $25, what is the

BaLLatris [955]

The sustainable growth rate (sgr) is 8 percent.

<h3><u>What is Sustainable growth rate?</u></h3>

The highest rate of growth that a business or social enterprise may sustain without using more equity or debt to fund expansion is known as the sustainable growth rate (SGR).
In other words, it is the rate at which the business may expand without borrowing money from other sources by using only its own internal earnings.
The SGR aims to increase sales and revenue while reducing financial leverage.

A corporation can avoid financial trouble and excessive leverage by achieving the SGR. Get or compute the company's return on equity (ROE) first. By comparing net income to shareholders' equity, ROE assesses a company's profitability.

Know more about sustainable growth rate with the help of the given link:

brainly.com/question/5452967

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2 years ago

What is definition of eeconomics?

pochemuha

Answer:

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. ... The building blocks of economics are the studies of labor and trade.

<h3>Please mark as Brainliest</h3>

8 0

3 years ago