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2 years ago

How does income inequality affect American taxpayers

1 answer:

3 0

If the tax system in the US is progressive, then those with lower income will pay proportionally less than those with higher income as the latter will have a higher tax rate but in fact the rich people usually have or find a lot of tax loopholes to reduce their taxes so may still not be paying a fair share of their taxes compared to the poor people who don't have these loopholes.

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During August 2018, Bingham Company recorded the following: bullet Sales of $ 68 comma 900 ($ 55 comma 000 on account; $ 13

Paraphin [41]

Answer:

Explanation:

Direct Method

Aug

Dr Accounts Receivable 55,000

Dr Cash 13,900

Cr Sales 68,900

Dr Cash 45,100

Cr Accounts Receivable 45,100

Dr Bad Debt Expense 1,680

Cr Accounts Receivable 1,680

Dr Accounts Receivable 300

Cr Bad Debt Expense 300

Dr Cash 300

Cr Accounts Receivable 300

Allowance Method

Dr Accounts Receivable 55,000

Dr Cash 13,900

Cr Sales 68,900

Dr Cash 45,100

Cr Accounts Receivable 45,100

Dr Allowance for Doubtful debts 1,680

Cr Accounts Receivable 1,680

Dr Accounts Receivable 300

Cr Allowance for Doubtful debts 300

Dr Cash 300

Cr Accounts Receivable 300

8 0

2 years ago

Sadie hires a new manager. In a couple of weeks, she receives reports that the new manager often plays favorites and does not ac

gogolik [260]

Answer:

The correct answer is motivated blindness.

Explanation:

Ethical blindness is a psychological phenomenon derived from what is known as: motivated blindness. It is that people see what they want to see and easily lose sight of conflicting information when it is in their interest to remain ignorant. The conflict of interest has a lot to do with this phenomenon. For example, if in the same work team - in any direction - the director maintains a personal relationship with a collaborator, the mistakes she makes will tend to minimize them against mistakes of other team members.

Both moral silence and ethical blindness are widespread phenomena within our corporate culture, and unfortunately they only manifest themselves when there is fraud within the company or a problem that affects the image of the company.These usually grow especially when the company You are succeeding and reaching your strategic and financial goals. Top management should focus more on these phenomena not only for an ethical duty issue but for proper risk management within the organization.

5 0

2 years ago

Because she didn't have a piece of paper handy, mary mentally repeated the long-distance phone number over and over. mary was tr

Ira Lisetskai [31]

long-term memory, so she can recall it later

7 0

3 years ago

Stan, an air conditioning and heating technician, files a suit against Temp-Set Corporation, alleging that its thermostats are u

vova2212 [387]

Answer:

knowledgeable user

Explanation:

Knowledgeable user is a term that refers to particular users of a specific product, that must possess certain qualifications to use that specific product. In the case of knowledgeable users, the manufacturer of the product is not require to warn these users about the dangers of using their product.

In this case, Stan as an air conditioning and heating technician should know about the dangers of using electrical thermostats because of his profession.

5 0

2 years ago

Nick has a goal to pay his credit card balance in full by June 30. When he first wrote the goal in December, his balance was $2,

Sliva [168]

Nick paid around $383.00 per month on his credit card. He should've paid $400.00 a month

3 0

2 years ago

Read 2 more answers