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3 years ago

To what does tax progressivity refer?

Business

2 answers:

Ugo [173]3 years ago

6 0

I believe the answer is: c. The relation of tax rate to income

In a tax progressive system, people who earned higher level of income would be subjected to higher tax percentage compared to people who earned lower level of income. This system is created to ensure that people with low level income could still meet their daily needs after paying their tax.

Maslowich3 years ago

5 0

The correct answer is C) The relation of tax rate to income

Tax progressivity basically means that the more you earn the higher your taxes are.

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44) Christopher, a department manager, is attending the monthly budget planning meeting where all the department managers report

andreev551 [17]

When Christopher ask questions and nods his head after their responses. He is exhibiting the active style of listening.

<h3>What is active listening?</h3>

Active listening is a type of listening where the listener give rapt attention to the person <em>speaking</em> including the guestures.

The individual also ask questions to confirm all that his learning.

Therefore, When Christopher ask questions and nods his head after their responses. He is exhibiting the active style of listening

Learn more on active listening here,

brainly.com/question/3185541

5 0

2 years ago

What management function is production manager Cedric Stein using when he orders aluminum component parts (bumpers, drive trains

N76 [4]

Answer:

Purchasing

Explanation:

In the purchasing function, the company purchased the products and services from the manufacturer at a lesser cost and then sell the goods at higher prices in order to earn the profit.

When someone purchases, when the price is less and quality is best as compared with the competitors dealing in the same industry

Therefore in the given case, Cedric Stein orders aluminum component parts that are used in the Audi card production so here the purchasing function is used

5 0

3 years ago

The Quick Buck Company is an all-equity firm that has been in existence for the past three years. Company management expects tha

Vika [28.1K]

Answer and Explanation:

a. The computation of the current price per share is shown below:

Current price per share = Value of Firm ÷ Number of stock outstanding

where,

Value of Firm is

= $800,000 ÷ 1.13 + $1,250,000 ÷ 1.13^2

= $1,686,897.96

And, the number of outstanding shares is 35,000 shares

So, the current share price is

= $1,686,897.96 ÷ 35,000 shares

= $48.20

c. The computation of the shares of stock sold is shown below:

No of shares of stock must be sold is

= ($910,000 - $800,000) ÷ 48.20

= $2,282.16

c. The computation of the new price per share of stock is shown below:

Current price per share = Value of Firm ÷ Number of stock outstanding

where,

Value of Firm is

= $910,000 ÷ 1.13 + $1,250,000 ÷ 1.13^2

= $1,784,243.09

And, the number of outstanding shares is 35,000 shares and $2,282.16

So, the current share price is

= $1,784,243.09 ÷ 35,000 shares + $2,282.16

= $47.86

5 0

3 years ago

Lucy Sportswear manufactures a specialty line of T-shirts using a job-order cost system. During March, the following costs were

alukav5142 [94]

Answer:

Unit cost= $5,5unit

Explanation:

Total manufacturing cost is the aggregate amount of cost incurred by a business to produce goods in a reporting period.

Generally accepted accounting principles require that the cost of goods sold shall consist of:

the cost of direct materials

the cost of direct labor

the cost of manufacturing overhead

Expenses that are outside of the manufacturing facilities, such as selling, general and administrative expenses, are not product costs. They are reported as expenses on the income statement in the accounting period in which they occur.

<u>In this exercise:</u>

Cost of goods manufactured:

Direct materials= $13700

Direct Labor=$4800

Factory overhead= 800hours*$25=$20000

Total= $38500

Unit cost= 38500/7000=$5,5unit

8 0

3 years ago

The manager of a company that produces a soy-based sausage wants to conduct a competitive analysis. during this competitive anal

Usimov [2.4K]

During this competitive analysis, the manager should look at All the factors such as :
- companies that produce other brand of pork-based sausages
- Morningstar, a company that has a complete line of soy-based products
- companies that produce other forms of breakfast meats like bacon
- Individuals who make their own sausage

hope this helps

6 0

3 years ago