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4 years ago

To what does tax progressivity refer?

Business

2 answers:

Ugo [173]4 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.

Maslowich4 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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__________ is the function in business that is responsible for acquiring funds for the firm and managing funds within the firm.

Contact [7]

The financial manager must decide how much money is needed and when, how best to use the available funds, and how to get the required financing

<h3>What is financial manager?</h3>

Financial managers are in charge of an organization's financial health. They create financial reports, direct investment activities, and plan for their organization's long-term financial goals.

A financial manager is in charge of maintaining the proper balance of equity and debt. Funding allocation: The next step is to allocate the funds after they have been raised. The best way to allocate funds: the size of the organizations and their ability to grow.

The finance function serves two primary functions: it provides the financial information that other business functions require to function effectively and efficiently. to assist with business planning and decision making

To know more about financial manager follow the link:

brainly.com/question/1279044

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2 years ago

A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of tra

Helga [31]

Answer:

a. not change; improve

Explanation:

Balance of trade is the difference in value over a period of time between a country’s imports and exports of goods and services, usually expressed in the unit of currency of a particular country (e.g., dollars for the United States, yen for the Japan).

Balance of payments record the receipts and payments of the residents of the country in their transactions with residents of other countries.

A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of trade with Japan will not change and the balance of payments with Japan will improve.

7 0

3 years ago

A service contract for a video projection system costs $195 a year. you expect to use the system for four years. instead of buyi

aleksklad [387]

Answer:

The future value of an annuity (FVA) is $828.06

Explanation:

The future value of an annuity (FVA) is the value of payments at a specific date in the future based on the payments being recurring and assuming a discount rate. The future value of an annuity (FVA) is based on regular cash flow. The higher the discount rate, the greater the annuity's future value.

$FVA= P * \frac{(1+r)^n-1}{r}$

Where:

FVA is The future value of an annuity (FVA)

P is payment per period

n is the number of period

r is the discount rate

Given that:

P = $195

r = 4% = 0.04

n = 4 years

$FVA= P * \frac{(1+r)^n-1}{r}$

substituting values

$FVA= 195 * \frac{(1+0.04)^4-1}{0.04}=195*4.246=828.06\\FVA=824.06$

The future value of an annuity (FVA) is $828.06

4 0

3 years ago

Read 2 more answers

_____ is a marketing research technique that involves introducing a new product in a specific area and then measuring its degree

padilas [110]

Test marketing, the consumers don’t even know it’s being tested

8 0

3 years ago

Explain one impact on business of rising interest rates

Tanya [424]

The rising interest rates make it harder to start concrete businesses (worse loans) so an impact would be online businesses gaining popularity.

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3 years ago