Answer:
A: 19.3%
Explanation:
I took the test on Plato and this was the correct answer.
Municipal tax is also known as the property tax or house tax. The state collects taxes from a variety of sources, including inheritance taxes, natural resource forfeiture taxes, and gambling taxes, but the majority of its revenue comes from two sources: income taxes and sales taxes.
A good tax system must meet its five basic requirements: fairness, adequacy, simplicity, transparency, and manageability. Opinions differ on what constitutes a good tax system, but the general consensus is that these five elements should be maximized.
There are two types of taxes direct taxes and indirect taxes. Both tax implementations are different. Some are paid directly, such as damage income tax, corporate tax, and property tax, while others are paid indirectly, such as consumption tax, service tax, and value-added tax.
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Answer:
$1,069
Explanation:
Data provided in the given question
Future value = $1,000
Coupon bond = 6.9%
Time period = 5 years
The computation of price paid is shown below:-
Amount Paid = Principal Amount + Call premium
= $1,000 + 6.9% × $1,000
= $1,069
Therefore, for calculating the amount paid we simply add principal amount add call premium.
"Factor of Production" is the force that combine to make the production of products and services possible.
Explanation:
Factor of production involves land, labor, capital, and entrepreneurship.
Land:
The important factor is that it creates major revenue through oil, gases and other possible resources which can be obtained from the land.
Labor: Starting from the person who brought bricks to build the company till the top management of the company are part of the Labor factor.
Capital: A factor which implicitly support as a factor of production. Without capital there is no chances of production or providing wages.
Entrepreneurship: These are the brainstorms who plan and create product and sits at the top level and make production and service possible.
Answer:
For example 1, each text book costs $4 and each pen costs $3.
For example 2, 18 $5 tickets were sold and 15 $2 tickets were sold.
Explanation:
Example 1:
let T = number of text books
let P = number of pens
5T + 4P = 32
6T + 3P = 33 (we can start by dividing this equation by 11)
5T + 4P = 32
2T + 1P = 11 (now lets multiply be -4)
5T + 4P = 32
-8T - 4P = -44 (now we add)
-3T = -12
T = -12 / 3 = 4
P = (2 X 4) + P = 11
P= 11 - 8 = 3
Example 2:
let C = cheap tickets
let E = expensive tickets
C + E = 33 ⇒ C = 33 - E (and now we can replace)
2C + 5E = 120
2(33 - E) + 5E = 120
66 - 2E + 5E = 120
66 + 3E = 120
3E = 120 - 66 = 54
E = 54 / 3 = 18
C = 33 - 18 = 15
