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Elza [17]
3 years ago
7

Sment

Business
1 answer:
nexus9112 [7]3 years ago
4 0

Roads, schools, and

emergency services are funded by the government through the taxes.

Explanation:

Government collects taxes for the functioning of the government machineries. The reasons the taxes to be collected from the citizens of US are listed in the Article I, Section 8 of constitution of US. The three main types of taxation are as follows namely,

1. Progressive tax

2. Regressive tax

3. Proportional and flat tax.

Taxes are levied on the property, sales, income, dividends, imports, capital gains, payroll, gifts or estates. Eritrea and USA are the only countries that taxes non-residents on worldwide income as much as they tax the residents.

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A mining company declared a liquidating dividend. The journal entry to record the declaration must include a debit to1. Retained
gregori [183]

Answer: Option (2)

Explanation:

Paid in capital is referred to as or known as amount of the capital which is paid in by the investors during the preferred or common stock issuance, including par value of shares in addition to the amount in excess of the par value. The paid in capital tends to represent funds which are raised by organization through selling of equity.

6 0
3 years ago
One advantage of proprietary software versus off-the-shelf software is that _____.
Serjik [45]

(C) the software provides a company a competitive advantage by solving problems in a unique manner

Proprietary software is a special software designed for a specific application and owned by the organization, firm or individual that uses it. Proprietary software can give an organization leverage over competitors, by solving problems in a unique manner, however, off-the-shelf software is mass produced software used by several other organizations, thereby giving other organizations simple and identical problem-solving technique.


6 0
3 years ago
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What might cause a consumer to have an elastic demand for a product?
Mariana [72]
<span>D. The product is a necessity.</span>
3 0
3 years ago
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Take Time Corporation will pay a dividend of $4.15 per share next year. The company pledges to increase its dividend by 6.25 per
frozen [14]

stock value = $ 150.91

<u>Explanation:</u>

Stock price = D /(k-g)

The given data is as follows:

D = Dividend = $4.15 , K = required percent = 9% = 0.09 , G = pledged percent = 6.25% = 0.0625

<u>The following formula is used in order to calculate the value of the stock: </u>

Stock value= D/(k-g)

Where: D = dividend, K = required return, g = growth

=4.15 /(0.09-0.0625) =150.91(rounded to the two decimal places)

Hence stock value = $ 150.91

4 0
3 years ago
Do Debit cards often have a higher intrest rate then credit cards?
stepladder [879]
Yes debit card are more. Preferred because when you use a debit card you pay on the spot but when you use your credit card it tends to build up and you will have to pay your bill
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