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zzz [600]
2 years ago
14

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

Business
1 answer:
Bogdan [553]2 years 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

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Hadley, a business researcher, believes that organizations will have to spend a lot of money on employee health care in the futu
jeka57 [31]

Answer: A. The fastest-growing share of the workforce is at least 55 years old.

Explanation:

The options to the question are:

A. The fastest-growing share of the workforce is at least 55 years old.

B. The fastest-growing age group is workers 16-25, who are prone to having accidents.

C. The largest proportion of the labor force is expected to be in the 16- to 25-year age group.

D. The total cost of labor in the United States will decrease considerably in the near future.

E. The labor force is expected to grow at a greater rate by 2026 than at any other time in U.S. history.

From the question, we are informed that Hadley, a business researcher, believes that organizations will have to spend a lot of money on employee health care in the future while Owen argues that organizations will not have to increase their spending on employee health care benefits.

The statement that weakens Owen's argument is that the fastest-growing share of the workforce is at least 55 years old. This simply means there are more old people incthe the workforce and that means there'll be more tendency for them to go to hospitals when ill compared to youths who'll be stronger.

5 0
3 years ago
Which of the following are recommended ways to learn more about IT careers? Check all of the boxes
Snowcat [4.5K]

Answer:

  • scheduling an appointment with a career counselor at a school
  • attending an informational session
  • applying for an internship
  • contacting a professional organization, such as CompTIA

Explanation:

To learn more about IT careers or just carriers in general, one can contact the Career counselor at school. Their job is to help students find out more abut careers so that they know which path they would like to follow.

One can also attend information sessions where they can listen to people speak on IT careers and ask questions they would like answers to as well.

A practical way to find out about IT careers is to intern at an IT firm. This way you get to see first hand what the job entails and if it is the kind of thing you would like to do.

There are also professional organizations that offer certifications in IT such as CompTIA. As they are well versed in the area, they can provide more information on IT careers including the educational background required.

3 0
3 years ago
Distinguish between private and public company???​
Mashutka [201]

Answer:

-Private company has mininmum 1 and maximum 101 member.

Public company has minimum 7 member and maximum is bounded by its share capital.

-Private company is smaller than the public companies by the no.of capital.

Public company is larger than private company and spread in different place.

-Private company uses the term Private limited after its name.

Public company uses the term Limited after its name.

-Examples of Private company are: Asmita Book Publication Pvt.ltd and Karunanidhi Education Foundation Pvt.ltd

Examples of Public company are:Nepal oil corporation and Nepal electricity Authority.

5 0
2 years ago
Read 2 more answers
Big Tommy Corporation is a local grocery store organized seven years ago as a corporation. The bookkeeper prepared the following
Natali [406]

Answer:

                        Big Tommy Corporation

      Profit and Loss for the year ended December 31

Sales                                                                         404,000

Cost of Goods Sold                                                 279,000

Gross Profit                                                               125,000

<em>Operating Expenses:</em>

Salaries and Wages Expense                   58,000

Office Expenses                                         16,000

Travel Expenses                                           1,000    75,000

Operating Income:                                                     50,000

Non-Operating Expenses

Income Tax Expense                                 15,000     15,000

Net Income                                                                 35,000

Explanation:

Multistep income statement makes a clear distinction on Operating Incomes and Expenses and Non-Operating Incomes and Expenses

Operating income is Profit generated from Primary activities of the company

Non-Operating Incomes and Expenses do not relate to the Primary activities of the firm.They occur as a result of secondary activities.

7 0
3 years ago
Each of these items must be considered in preparing a statement of cash flows for Pharoah Company. for the year ended December 3
zavuch27 [327]

Answer:

wasdwasdwaasdwasdwasdw 2wee2 1231 dsfdsf 324243

Explanation:

3 0
4 years ago
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