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Lelechka [254]
2 years ago
13

the country of maravia has severe air pollution, 80 percent of which is caused by the exhaust fumes of cars. in order to reduce

the number of cars on the road, the government is raising taxes on the cost of buying and running a car by 20 percent. this tax increase, therefore, will significantly reduce air pollution in maravia.
Business
1 answer:
Advocard [28]2 years ago
7 0

the country of maravia has severe air pollution, 80 percent of which is caused by the exhaust fumes of cars. in order to reduce the number of cars on the road, the government is raising taxes on the cost of buying and running a car by 20 percent. this tax increase, therefore, will significantly reduce air pollution in maravia.

Ninety percent of the population of Maravia is very prosperous and has a substantial amount of disposable income.

Pollution, also known as environmental pollution, is the addition of any material (solid, liquid, or gas) or energy (such as heat, sound, or radioactivity) to the environment at a rate that is greater than its capacity for dispersion, dilution, decomposition, recycling, or storage in some harmless form. Air pollution, water pollution, and land pollution are the three main types of pollution, which are typically categorised by environment. The specific forms of pollutants that modern society is concerned about are plastic, light, and noise pollution. All types of pollution can harm the environment and wildlife, and they frequently have an adverse influence on people's health and wellbeing.

Lean more about pollution here

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Marwick Corporation issues 8%, 5-year bonds with a par value of $1,100,000 and semiannual interest payments. On the issue date,
Nina [5.8K]

Answer: $1,193,838.80

Explanation:

The price of a bond is the sum of the present value of the coupon payments and the face value at maturity.

= Present value of coupon payments + Present value of face value at maturity

First adjust the variables for semi-annual:

Number of periods = 5 * 2 = 10 semi annual periods

Coupon payment = 8% * 1,100,000 * 1/2 years = $44,000

Yield = 6% / 2 = 3%

Present value of coupon payments:

The coupon payments are constant so are an annuity:

= Annuity * Present value of an annuity factor, 10 periods, 3%

= 44,000 * 8.5302

= $375,328.80

Present value of face value

= 1,100,000 * Present value of 1, 3%, 10 periods

= 1,100,000 * 0.7441

= $818,510

Selling price:

= 375,328.80 + 818,510

= $1,193,838.80

8 0
3 years ago
On April 1, a company purchased two units of inventory, A and B. The cost of unit A was $640, and the cost of unit B was $550. O
blagie [28]

Answer: b

Explanation:

5 0
3 years ago
Abramov Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold a
brilliants [131]

Answer:

Option c is correct

$245,680

Explanation:

The total manufacturing cost = $737,040.

Units produced = 22,200

Cost per unit before adjustment for absorbed overhead=

=$737,040./22,200 units

=$33.2 per unit

Cost of goods sold before adjustment for overheads

= (cost per unit × units sold)

= $33.2 × 7,400

= $245,680

3 0
3 years ago
Read 2 more answers
An employee works 42 hours (42 - 40 were overtime hours) during a workweek in December of 2018. He earns $40.50/hour, with his e
Leni [432]

Answer:

For 2018, Social security wage limit is $128,400

Gross earning of the period = (40*40.50)+(2*60.75) = $1,741.50

a. Taxable income for federal income tax withholding = Gross Income = $1,741.50

b. Taxable income for social security tax = $128,400 - $127,800 = $600

c. Taxable income for medicare tax = $1,741.50

5 0
3 years ago
Important elements of an internal control system for cash disbursements include each of the following except:
DIA [1.3K]

Answer:

d.The same person that prepares the check should also record it in the proper journal.

Explanation:

Internal control is essential so that any frauds shall not take place. Also that the primary condition is that all the work shall be segregated in different stages, to different people so that there is a check on the quality of work done by the each person.

Thus, when a check is to be issued then the same shall be recorded by some different person, so that the person recording can verify is the check amount and party accurate and not fraud.

6 0
3 years ago
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