Answer: <em><u>16.5% is the average tax rate that will result in a 10 percent increase in tax revenues.</u></em>
Explanation:
This is an example of static forecasting since no time parameter is involved.
Now,
Let initial revenue be "R" ,
"n" be no. of taxpayer
∴ R= 65000×0.15×n
R +0.1R= 65000×rate×n
Using the above two equation, we'll get ;
<u><em>r = 16.5%</em></u>
In determining whether to issue a loan, banks are not allowed to ask about an applicant’s <u>country of origin.
</u><u />This is so as to prevent banks from stereotyping people and basing their decision on the person's country of origin. All people should be equal when it comes to getting the credit or not, as the decision should be based only on the income and the appropriate factors other than descent. <u>
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Answer: C. A debit to Petty Cash of $189.
Explanation: from the above question, the total amount given out of the petty cash is $189. That is why we are reimbursing the petty cash with $189.
In Accounting, the receiving account is debited while the giving account is credited. That is why we will reimburse the petty cash account by Debiting the petty cash account with $189 and crediting the bank with $189.
An inverted curve reflects the bond market's expectation for the Fed to cut rates down the line. The Fed normally cuts rates in response to an economic downturn, hence why an inverted curve could be a recession signal.
Answer:
cross-coupon
Explanation:
The type of sales promotion being represented is known as a cross-coupon. This is a redeemable coupon/savings for a specific product and is given to the customer on the purchase of a different product that was made by the same company. This is usually through a tie-in with another manufacturer, in order for them to increase their sales and ultimately their profits by enticing customers to buy more products from the company.
