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3 years ago

Can someone help me with my recent question please

Business

1 answer:

Arisa [49]3 years ago

6 0

THE QUESTION:

You have been put in charge of the taxation of the Mars colony. You need to decide how to tax the citizens of the colony.Will you institute a progressive, regressive, or a flat tax on income? Will you institute excise taxes? If yes, what goods and services will you tax and why? Will you institute sales taxes, property taxes, or VAT on goods?

Explanation:

I am not good at these terms, but

I would not use a flat tax, as I know that it would make lot's of people's life harder, from the middle class, to lower class, that might put people in financial struggles. Instead, I would charge different taxes on people, judged on their income. That would help lot's, and would be a good deed. Also, I will also use property taxes, because most of the time, if you didn't have money to spare, you wouldn't spend it on a house, right? I might have sale taxes, which I would say depends on how much I need as a government on MaRs! :|)

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On an organization's board of directors, inside directors ____; outside directors _____. are supposed to be elected from outside

BigorU [14]

On an organization's board of directors, inside directors may be members of the firm; outside directors are supposed to be elected from outside the firm.
The board of directors is responsible for keeping the organization’s vision, mission, and strategic planning goals. Duties of boards include: choosing the CEO, approving major policies, making major decisions, overseeing performance, and serving as external advocate.

4 0

3 years ago

To build trust in a cooperative relationship, both firms can: a. write short-term contracts that must be renewed frequently. b.

Vilka [71]

Answer:

D) make mutual investments in specialized assets.

Explanation:

I'm not sure about the exact background of the question, but if you are trying to build a trust relationship with another company, the best way to do it is by investing together.

E.g. if company A is interested in securing an important supplier, instead of trying to acquire it, they might try to invest together in some assets or another business. That way, when it comes to deciding which company should receive discounts or prioritize their requirements, the supplier will always favor their business partners.

6 0

3 years ago

Providing and recording documents are performed by:____________.

postnew [5]

Providing and recording documents are performed by : The closing agent

<h3>Who is a closing agent?</h3>

Closing agents are basically professionals who acts directly for the buyer by making interest of the buyer known to the seller. They are usually associated with real estate transactions.

A closing agent could be a lawyer speaking to a bank or lender. The actual closing is conducted by a closing agent who might be a worker or employee of the lender or the title company or organization.

Other duties of a closing agent are :

Ordering title work and a property survey.

Issuing commitment title.

Assisting with obtaining requisite insurance
Issuing and sending the title insurance policy to both the buyer and lender
Assembling the loan closing package .

Therefore, closing agent responsible for providing and recording documents.

Learn more about closing agent here : brainly.com/question/8023863

5 0

2 years ago

Watts Corporation made a very large arithmetical error in the preparation of its year-end financial statements by improper place

daser333 [38]

Answer:

a prior period adjustment

Explanation:

A prior period adjustment -

It is the correction of the accounting error which took place in the past and was written in the prior year of financial statement , net of the income taxes , is known as a prior period adjustment .

It is the method to fix the previous problem of past during the reporting .

hence , the correct term fro the given statement is a prior period adjustment .

5 0

3 years ago

Sweet Sue Foods has bonds outstanding with a coupon rate of 5.44 percent paid semiannually and sell for $1,930.36. The bonds hav

tigry1 [53]

Answer:

Current yield=5.6%

Explanation:

The current yield is the proportion of the current price of a bond earned as annual interest payment.

Current yield = annual interest payment/bond price

Annual interest payment = coupon rate × face value

= 5.44% × $2000

= $108.8

Current yield

= annual interest payment/price

= $(108.8/1,930.36) × 100

= 5.6%

Note we used the annual interest payment nothwithstanding that interests are paid semi-annually

6 0

3 years ago