1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alexus [3.1K]
3 years ago
15

How are progressive taxes and regressive taxes similar? Both charge high-income individuals more. Both are considered flat taxes

. Both are determined based on income. Both are types of indirect taxes.
Business
2 answers:
SCORPION-xisa [38]3 years ago
5 0

Answer:

The answer is C on Edgen.

Explanation:

C. Both are determined based on income.

denpristay [2]3 years ago
3 0

<span>Progressive taxes are those tax amounts that increase when the payer’s income also increases. On the other hand, regressive taxes are charged more to the low-income generating individuals. That said, the lower income a person have then, the higher is the amount of the tax that needs to be paid. The similarity of these two taxes is that they are both determined based on a person’s income. Thus, the answer is the third choice. </span>

You might be interested in
Former GVO marketing director, David Lieberman, tells a story about a new product idea proposed by a creative person. The idea w
WITCHER [35]

Answer: A - vested interests in the status quo

Explanation: Vested interests in the status quo is when people derive their income, job, status or power from something they have an interest in.

Even if the situation causes obvious harm to people or the environment, they work to keep the status quo for economic reasons. This causes a conflict of interest between what is good for the individual in the short term and what is good for humanity and the planet in the long term.

Vested interest structures impede and suppress innovations that would benefit society as a whole. The most practical solution is to implement a guaranteed livable income which would immediately reduce the impact and number of vested interests, and would free humanity to evolve and save the environment before it is too late.

5 0
3 years ago
Arie is a team lead for a group of engineers working on a new product. Arie decides to assign four additional engineers to the p
Vlad1618 [11]

Answer:

B. managerial

Explanation:

When something involves activities of management is called managerial.<em> In the example given this is the nature of the behavior because Arie is organizing and directing the corporation in order to optimize and be efficient.</em>

I hope you find this information useful and interesting! Good luck!

7 0
3 years ago
Two different methods of solving a produc­tion problem are under consideration. Both methods are expected to be obsolete in six
DiKsa [7]

Answer:

10781

Explanation:

In order to find the additional annual revenue for the two method a break even point must be calculated

Method A

=-8000(1.1)^6+20000(1.1)^6-22000-(u)

=-15776.44-22000 -u

=-37776.44-u

Method B

= -52000(1.1)^6+15000(1.1)^6-17000-2u

=9995.4-17000-2u

=-26995.47-2u

Then equate the two equations

-37776.44-u=-26995.47-2u

u=10781

6 0
3 years ago
Blaine manages the tellers at a branch of commerce bank. he is working on the schedule for cashier coverage on payday this frida
balu736 [363]
I think the correct answer from the choices listed above is the third option. Blaine is involved in operational planning.  <span>is a detailed </span>plan<span> used to provide a clear picture of how a team, section or department will contribute to the achievement of the organisation's strategic goals.</span>
4 0
3 years ago
Use the information presented in Northeastern Mutual Bank's balance sheet to answer the following questions.
Nana76 [90]

Answer:

The explanation is given as follows.

Explanation:

<u>Task 1: </u>

<u>The higher the percentage of assets a bank holds as loans, the higher the capital requirement.</u>

When the owners of the bank borrow $100 to supplement their existing reserves , both reserves and debt increase by $100 , therefore increase in debt as in any balance sheet , the total value of accounts on the left hand should be equal to the right hand , so when there is increase in reserves , there will be increase in debt.

<u>Task 2:</u>

<u>It specifies a minimum leverage ratio for all banks </u>

leverage ratio initially = total assets / capital = 1750 / 125 = 14

leverage ratio new value = total assets / capital = 1850 / 125 = 14.8 ( the assets increase by $100 with increase in reserves)

<u>Task 3</u>

<u>Its intended goal is to protect the interests of those who hold equity in the bank.</u>

Capital requirement are there to ensure that bank have enough capital to repay the depositors and debtors and if a bank holds a higher percent of risky assets , capital requirements will be higher so that the bank remains solvent hence option a is right answer.

4 0
4 years ago
Other questions:
  • Gary brings his guitar to a music shop for maintenance. The shop owner tells Gary that the job will take one week. Gary agrees t
    10·1 answer
  • Plaintiffs purchased state lottery tickets and were winners along with 76 others. The state had advertised that $1,750,000 would
    14·1 answer
  • Financial statements all have a goal. The cash flow statement does as well.
    9·1 answer
  • Baby jasmine wakes up every 2 hours to be fed, but she sleeps for about 18 to 20 hours a day. jasmine is:
    14·2 answers
  • Q 6.20: Switzer, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $600 and orig
    12·2 answers
  • Pompeii, Inc., has sales of $53,500, costs of $24,400, depreciation expense of $2,600, and interest expense of $2,350. If the ta
    5·1 answer
  • Buzz Appliances manufactures two​ products: Food Processors and Espresso Machines. The following data are​ available:
    11·1 answer
  • McKinnon Inc. reports in its 2013 annual report 10-K, sales of $2,045 million and cost of goods sold of $818 million. For next y
    13·1 answer
  • The market price of a security is $50. Its expected rate of return is 14%. The risk-free rate is 6% and the market risk premium
    8·1 answer
  • Economics (FoolProof)
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!