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zzz [600]
1 year ago
14

What does the government do with the money it collects as taxes?

Business
1 answer:
Bogdan [553]1 year ago
4 0

The primary source of revenue for the U.S. government in 2022 become individual earnings Taxes. revenue accumulated by the U.S. government is used to fund an expansion of goods, programs, and services to assist the yankee public and pay hobby incurred from borrowing.

Taxes are mandatory contributions levied on individuals or organizations via a government entity—whether or not nearby, regional, or country wide. Tax revenues finance authorities sports, along with public works and offerings which includes roads and faculties, or programs including Social safety and Medicare.

All residents have to pay taxes, and with the aid of doing so, make contributions their honest percentage to the fitness of the authorities and countrywide economic system. The federal taxes you pay are utilized by the authorities to put money into technology and education, and to offer goods and services for the benefit of the american people.

Learn more about government Taxes here:

brainly.com/question/28412074

#SPJ4

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Mr. Smith at Acme Production, Inc. is trying to determine the true economic value (TEV) for a new computerized machine. This mac
vesna_86 [32]

Answer:

$185,400

Explanation:

Price of next best alternative = $150,000

Expected crash system saving:

= (Probability of crash × cost of a system crash) - (Probability of machine will crash × cost of a system crash)

= [(15% × 500,000) - (5% × 500,000)]

= $75,000 - $25,000

= $50,000

Added operating cost true economic value:

= (Number of hours in 365 days × machine cost per hour) - (Number of hours in 365 days × Next best alternative cost per hour)

= [(2,920 × $20/hr) - (2,920 × $15/hr)]

= $58,400 - $43,800

= $14,600

True economic value (TEV) of the machine:

= Price of next best alternative + Expected crash system saving - Added operating cost true economic value

= $150,000 + $50,000 - $14,600

= $185,400

3 0
3 years ago
Which of the following statements is CORRECT, other things held constant? Select one: a. If companies have fewer good investment
jolli1 [7]

Answer: e. Interest rates on long-term bonds are more volatile than rates on short-term debt securities like T-bills.

Explanation:

Long term bonds are considered to be more sensitive to interest rates as opposed to short term securities. If interest rates were to rise, the bond could lose value.

They are also more sensitive to inflation. If inflation rates rise, the value of payment reduces. It is for this reason that longer term bonds have maturity risk premiums added to them to cater for the amount of time the bond has till maturity.

If you need any clarification do react or comment.

3 0
3 years ago
Gabriele Enterprises has bonds on the market making annual payments, with twelve years to maturity, a par value of $1,000, and s
wariber [46]

Answer: 6.01%

Explanation:

To solve this question, we.will use the financial calculator. Based on the information given, then we will have:

FV = Future Value = $1,000.00

PV = Present Value = -$960.00

Bonds yield = 6.50

N = Number of years = 12

Therefore, CPT > PMT = Payment will be = $60.0973

Then, Coupon rate will be:

= Payment / Face Value

= 60.0973 / 1000

= 6.01%

3 0
3 years ago
When the ace hardware store located in franklin mails an advertising flyer to all the residents in the community, it is an examp
densk [106]
This could be either print media or support media. I believe it is print media.
7 0
3 years ago
Growing chocolate is important to West African economies but they do not make as much money as the multinational companies that
kupik [55]

Answer: The name of the ghanaian brand is "57 chocolate"

Explanation:

57 Chocolate belongs to two sisters

Priscilla and Kimberly Addison, the creators of 57 chocolate, made in Ghana by Ghanaians, for Ghanaians. Their chocolates which come in dark, milk, white chocolate, mocha latte and bissap flavours are uniquely packaged in adinkra symbol shapes. and is the pioneer bean to bar chocolate business in Ghana. This venture uses resources grown within the country to create delicious chocolate

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