Answer: Progressive tax system
Explanation: The progressive tax system is where the income of an individual is taxable based on his or her capacity to pay. The individuals who earn less pay lesser tax as compared to higher-earning individuals.
The tax system doesn’t impose a burden on those who don’t have a sufficient amount to pay as taxes. By doing this the people who earn low income will be able to maintain a high living standard and the people who earn more are able to afford the basic necessities. So it balances the economy.
Answer:The answer is A
Explanation:The one that is not commonly contacted by Typical investors to purchase stocks or bonds are : REALTORS
The investors will approach realtors if they want to invest their equity on properties such as land, houses , or apartment
Answer:
Pension plan assets at the year end will be $214
Explanation:
Wee have given pension plan assets = $200 million
Return on plan assets = 5%
So return will be equal to = $200×0.05 = $10 million
Cash contribution is given $12 million
Retiree benefits is $8 million
We have to find the amount of pension plan assets at the year end
Pension plan assets is equal to = Plan assets at beginning of the year + actual return - retiree benefits = $200 + $10 +$12 - $8 = $214
So pension plan assets at the year end will be $214
Answer:
Explanation:
Forecast usage = 50 %
Actual Usage = 52%
smoothing constant = 0.10
⇒ 50 + 0.10 (52 - 50)
⇒ 50 + 0.10 (2)
⇒ 50 + 0.2 = 50.20
