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Goshia [24]
3 years ago
12

Blade pays tax of $5,000 on taxable income of $50,000 while Caden pays tax of $12,000 on taxable income of $100,000. What type o

f tax rate structure appears to be in force?
a. Regressive$
b. Graduated
c. Progressive
d. Proportional
Business
1 answer:
serg [7]3 years ago
8 0

Answer:

Correct option is (c)

Explanation:

Progressive tax rate depends upon the income of the individual. In other words, progressive tax rate increases as income increases. So, higher income group have to pay more taxes as compared to lower income group.

Proportion of tax collected from high income group is more in case of progressive tax rates. In this case, Blade's tax rate is 10% that is 5,000/50,000 and Caden's tax rate is 12% that is 12,000/100,000.

So, tax rate is higher for Caden as compared to rate applicable on Blade's income.

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Heather is sixteen but looks much older. She goes into a jewelry store and buys a diamond bracelet with the money she has been s
patriot [66]

Answer:

can return the bracelet and get her money back

Explanation:

Minors have a restriction on the products that they can. To purchase these products they must have consent of their parent or guardian.

An identity card is required to determine the age of the buyer to avoid wrong sales to minors.

Items prohibited from sale to minors include: alcohol, tobacco, petrol, offensive weapons, intoxicating substances, and expensive jewelry.

So in this scenario since due diligence was not carried out by the store to check Heather's age on purchase, she can return the diamond bracelet and get back her money.

This was an illegal sale.

3 0
3 years ago
An employee at falcon security is studying an analysis of data regarding the occurrence of problems and failures with its drones
alexandr402 [8]
<span>falcon security is using the analysis for decision making. Knowing when and why the problems and failures of the drones and cameras occurred will  help the employees in future to make decision (better and faster detect the problem and better maintain the equipment).</span>
6 0
3 years ago
Which of the following statements is false?
tangare [24]
I believe the In a limited liability partnership, all partners are limited partners
4 0
3 years ago
Read 2 more answers
Jorge considers himself a risk-averse person. He takes the opportunity to switch to a new job where there are two possible outco
Lunna [17]

Answer:

Jorge is not risk-averse

Explanation:

Risk averse means to reluctant to take risk

Since theres a 80% chance that Jorge will get laid off and end up with a job that will pay him $10000 less is very risky instead where he'll earn $30000 where the chance is 20% that he'll get the job.

5 0
3 years ago
Toni and beyonze are married and file jointly. during 2016, they paid tuition for their daughter's college in the amount of $23,
azamat
I think it's B

I hope it helped you!
5 0
3 years ago
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