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arlik [135]
3 years ago
15

What is considered sin tax?

Business
1 answer:
gayaneshka [121]3 years ago
7 0

Definition:

Tax imposed by the government on the things which are harmful for the human health is termed as Sin Tax. For example, Tobacco products, drugs, cola drinks, gambling, fast food items etc.

Why it is mainly imposed:

It is imposed to increase the prices of the above given harmful products which consequently, might can be helpful in decreasing their consumption.

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Madison Corporation reported taxable income of $400,000 in 20X3 and accrued federal income taxes of $136,000. Included in the co
kap26 [50]

Answer:

A) $424,000

Explanation:

Madison Corporation's current earnings and profits for 20x3 would be:

reported taxable income - accrued federal income taxes + regular depreciation - E&P depreciation + net capital loss carryover =

$400,000 - $136,000 + $200,000 - $60,000 + $20,000 =  $424,000

5 0
3 years ago
In a progressive tax system, who pays a greater proportion of their income in taxes?
Nikolay [14]
C. Those who have the most deductions
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3 years ago
10) A worker performs a repetitive assembly task at a workbench to assemble products. Each product consists of 25 components. Va
erik [133]

Answer:

a.9.313hr

b.116.4%

c.104.0%

Explanation:

(a) Hstd= 75(7.45)/60 = 558.75/60 = 9.313 hr

(b) Ew= 9.313/8.0 = 1.164 = 116.4%

(c) Time worked = 480 – 13 = 467 min

Tc= (467 min)/(75 pc) = 6.227 min/pc

Tn= 7.45/(1 + 0.15) = 6.478 min/pc

Pw= 6.478/6.227 = 1.040 = 104.0%

6 0
3 years ago
While an attribute is an inherent quality or characteristic of a product or service, a(n) _____________ is a result or outcome a
o-na [289]

Answer:

benefit

Explanation:

The characteristics define what a product is for, the benefits define the difference that our product has versus the competitive product and the motivators define how the characteristics and benefits of these products will help each individual customer. To say that the product will help a specific and unique customer is to show the real motivator of the purchase, that is, that specific benefit that by itself will make the customer buy the product. It reaches the end that the customer buys products for different benefits for which the product has been created. For example, a chair is used to sit, but at the same time it can be purchased as a decoration item (chair in the middle of a hallway) or used as a staircase in the kitchen.

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3 years ago
Monetary policy could be procyclical if the Federal Reserve: a) is late recognizing that a recession has begun and conducts expa
gladu [14]

A) is late recognizing that a recession has begun and conducts expansionary monetary policy.

6 0
3 years ago
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