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Anni [7]
1 year ago
15

What term is used when those who benefit most from the stadium bear the highest tax burden?

Business
1 answer:
defon1 year ago
6 0

Progressive Tax is used when those who benefit most from the stadium bear the highest tax burden.

<h3>What is Progressive Tax?</h3>
  • Progressive taxes are levied at a higher rate as the taxable amount rises. When a tax rate progresses from low to high, it is said to be progressive.
  • As a result, a taxpayer's average tax rate is lower than their marginal tax rate. The phrase can be used to describe both individual taxes and an entire tax system.
  • Progressive taxes are implemented in an effort to lessen the impact of taxes on those who have a lower ability to pay because they gradually shift the incidence to those who have a higher ability to pay.
  • Regressive taxes, like sales taxes, are the antithesis of progressive taxes since they require the poor to contribute a higher percentage of their income than the wealthy.

To learn more about Progressive Tax with the given link

brainly.com/question/12416177

#SPJ4

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Next year Baldwin plans to include an additional performance bonus of 0.25% in its compensation plan. This incentive will be pro
katovenus [111]

Answer:

What Baldwin pays to its employees per hour is $29.63

Explanation:

Consider the following calculations to find the Baldwin pays to its employees.

Total raise = 5% + 0.25% = 5.25%

Present wages = $28.15

Baldwin will pay = $28.15* (1.0525) = $29.63

4 0
3 years ago
Paper Co. had net income of $70,000 during the year. Dividend payment was $10,000. The followinginformation is available:Mortgag
Marina CMI [18]

Answer:

net cash provided by operating activities 60,000

Explanation:

net income  70,000

Change in working Capital

Increase Inventory (40,000)

Increase Account payable 30,000

Net change in working capital  (10,000)

net cash provided by operating activities 60,000

The working capital is the current asset and current liabilities.

the dividend, bonds and mortgare are not operating activities.

the securities are considered cash.

3 0
3 years ago
Types of long term insurance offered by outsurance
SSSSS [86.1K]
The types of long term insurance offered by outsurance are :
- Death insurance
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hope this helps
8 0
3 years ago
Read 2 more answers
The common stock of Auto Deliveries sells for $27.21 a share. The stock is expected to pay $1.80 per share next month when the a
DanielleElmas [232]

Answer:

Market rate of return on stock = 11.2152%

Explanation:

Details provided are

Market rate per share = $27.21

Dividend to be paid at year end = $1.80

Expected dividend growth rate = 4.6%

Expected return of market has to be calculated.

Using the dividend growth model we have,

Price\ of\ share\ = \frac{Dividend\ at\ year\ end}{Market\ return\ - Growth\ rate}

27.21 = \frac{1.80}{Rm - 4.6}

Market return - growth = \frac{1.8}{27.21} = 6.6152

Market return = 6.6152 + 4.6 = 11.2152%

Market rate of return on stock = 11.2152%

5 0
3 years ago
Warby Parker, an online retailer for prescription eyewear, offers a free, try-on at home program for its customers. Customers br
VikaD [51]

Answer:

e. trialability

Explanation:

Trialability is the ability to give an idea, process, product, or system a trial before making a final decision.

It indicates the degree to which a product or innovation can be experimented by the customer before they finally buy.

Warby Parker has leveraged on this strategy by allowing customers browse frames on Warby Parker’s website and select five pairs they would like to try on before buying—or not. Warby Parker handles all the shipping costs and provides all the return packaging

7 0
3 years ago
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