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never [62]
3 years ago
10

Suppose that goods x and y are substitutes and the price of good y falls. we would then expect

Business
1 answer:
hoa [83]3 years ago
6 0

expect what?

Please make sure you finish your question, thank you ❤️

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Whom do progressive taxes asses
grin007 [14]

Answer

Hi,

Progressive tax assesses a taxpayer’s ability to pay. Higher rates are on the wealthy than on the poor.

Explanation

Those considered poor according to a country’s definition have families who spend larger shares of their income on the cost of living thus all money they earn is needed to afford basic needs thus face a decreased progressive tax. On the other hand, the progressive tax imposed on wealthy individuals decrease their abilities to purchase more luxury items or invest in stock.

Hope this helps!

6 0
3 years ago
Read 2 more answers
A relatively small team of people who collaborate on the same project is called a:
agasfer [191]
Enterprise, it's called an enterprise
5 0
3 years ago
A salesperson for FS Tools asked Justin, a cabinet maker, "If I can show you how to cut melamine, high-pressure laminates, and f
GalinKa [24]

Answer:

A. need payoff

Explanation:

Based on the information provided within the question it seems that the salesperson's SPIN technique is an example of a need payoff. This term refers to asking an individual/customer about the value or importance that something can provide them. Which is exactly what the salesperson is stating by asking "how much money (value) can this save you?"

5 0
3 years ago
Zupiter Corp. follows a culture that requires strict adherence to rules and regulations with fixed time schedules for daily acti
kotykmax [81]

Answer:

consistency corporate culture.

Explanation:

Since in the situation it is given that the corporation follows the culture that means they are strict to the rule and regulations along with the time scheduling that are fixed for day to day activities so that the business could be conducted in the methodical manner so here we can say that the culture of the corporate is consistent that means it is same as before and the same should be applied in near future

3 0
3 years ago
The following information is available for Wenger Corporation:
bixtya [17]

Answer:

The taxable income for 2019 is $276,000.

Explanation:

(a) Calculation of taxable income for 2019:

Pretax financial income                                                             $302,100

Less: Excess of tax depreciation over book depreciation      ($43,800)

Add: Rent received in advance                                                 $18,100

Taxable income for 2019                                                           $276,400

(b) Journal entries for 2019:                             Debit ($)         Credit ($)

Income tax expense ($302,100 x 20%)             60,420

Deferred tax asset ($18,100 x 20%)                    3,620

           Deferred tax liability ($43,800 x 20%)                             8,760  

           Income tax payable ($276,400 x 20%)                            56,800

<em>Recording of income tax expense, deferred income taxes, and income taxes payable for 2019.</em>

(c) Journal entries for 2020:

Income tax expense (65,000 + 3,620 - 2,190)    66,430

Deferred tax asset ($43,800 x 20% / 4)               2,190

           Deferred tax liability ($18,100 x 20%)                               3,620  

           Income tax payable ($325,000 x 20%)                            65,000

<em>Recording of income tax expense, deferred income taxes, and income taxes payable for 2020.</em>

7 0
3 years ago
Read 2 more answers
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