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Molodets [167]
3 years ago
14

Brianna and Jess live in Taxland, which only has one tax, an income tax. Both Brianna and Jess pay $1,000 in taxes each year but

Brianna earns $20,000 and Jess earns $10,000. From this information, you can infer that the tax system is:_______. a) regressive. b) equitable. c) proportional. d) progressive.
Business
1 answer:
NemiM [27]3 years ago
5 0

Answer: A. Regressive

Explanation: Regressive tax system is a system whereby people with lower income pay a higher tax than people with higher income. This is because the tax rates are applied uniformly to everyone, not taking into consideration how much one person makes in relation to another.

In the scenario given in the question above, we see that Jess pays higher than Brianna. This is because the tax rate is a flat fee of $1,000. Now, deducting this amount from the income of Jess and Brianna, we see that Jess is left with $9,000, while Brianna is left with $19,000.

Therefore, Jess has actually paid more tax than Brianna.

This system is the opposite of Progressive tax, where people are taxed based on their income. Simply put, the higher an individual earns, the higher they will pay in taxes.

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After customer service representatives are trained, their phone calls are monitored to determine if the CSRs are applying the le
Grace [21]

Answer:

Behavior

Explanation:

The era has been changed most of the customer is shopping online and if they are found defective in the product, the customer always dials a customer care number by resolving their problem.  

For example a customer buys a laptop online and after a few days, customers found hanging issues. Customers will dial a customer care number of that particular brand and get helped from them.

Why the customer is found helped? The simple reason that the executive who represents the brand learns lessons and get trained for behavior and the knowledge of that product from the company. The customer looks behavior of the executive and from this, the customer builds a relationship with a brand.

On the other hand, the calls are being monitored for quality and training purposes.

8 0
3 years ago
Whole Foods Market ordered 12 cases of organic vegetable soup with a list price of $18.90 per case and 8 cases of organic baked
Ira Lisetskai [31]

Answer: The answer is given below

Explanation:

a. What is the extended list price of the order?

This will be gotten by multiplying the number of cases with the price list. From the question, we are told that Whole Foods Market ordered 12 cases of organic vegetable soup with a list price of $18.90 per case and 8 cases of organic baked beans with a list price of $33.50 per case.

Organic vegetable soup:

= 12 × $18.90

= $226.80

Organic baked beans= 8 × $33.50

= $268

Total = $226.80 + $268

= $494.80

b. What is the total amount of the trade discount on this order?

We are told that the wholesaler offered Whole Foods a 39% trade discount. This will be:

= 39% × $494.80

= 39/100 × $494.80

= 0.39 × $494.80

= $192.972

c. What is the total net amount Whole Foods owes the wholesaler for the order?

The total net amount will be the total price of the order and the discount. This will be:

= $494.80 - $192.972

= $301.828

5 0
3 years ago
Bachelor’s degrees are typically earned in _____. a. 1-2 years b. 2-3 years c. 3-4 years d. 4-5 years Please select the best ans
spin [16.1K]
It' typically takes around four years to earn a Bachelor's degree. so i would say either C or D but since it says the BEST answer i would choose D

6 0
3 years ago
Read 2 more answers
You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president h
lana [24]

Answer:

Explanation:

Variance analysis studies the relationship between actual and budgeted cost for business activities. Variance analysis helps the management in two ways;

  • Favorable
  • Unfavorable

Favorable - if the actual cost incurred is less than the budgeted cost, the difference amount is a saving for the company.

Unfavorable - if the actual cost is more than the budgeted cost, the difference is an extra expenditure for the company.

Flexible budget;

  • The flexible budget is prepared at different levels of volume that was initially projected by the master budget.
  • It is highly styled and more useful than the master budget.

The report showing the Activity and Spending  Variances for march is given in the file attached below, in other not to cause confusion. Thank you.

Download docx
3 0
3 years ago
Assume you are to receive a 30-year annuity with annual payments of $2,000. The first payment will be received at the end of Yea
max2010maxim [7]

Answer:

Total FV= $678.615.02

Explanation:

<u>First, we need to calculate the value of the annuity at the end of the last payment:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {2,000*[(1.06^30) - 1]} / 0.06

FV= $158,116.37

<u>Now, the total future value after 25 years:</u>

FV= PV*(1 + i)^n

FV= 158,116.37*(1.06^25)

FV= $678.615.02

6 0
2 years ago
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