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goldenfox [79]
3 years ago
5

If you were an elected official who wanted to increase tax revenues, which of the following would you prefer to use: individual

income, sales, property, corporate income, user fees, VAT or flat? Provide reasons for your decision.
Business
1 answer:
katrin [286]3 years ago
4 0

Answer:

sales tax

Explanation:

It does not choose discriminatory the more you spend the more you pay, from a moral perspective people would rather pay for what they get rather than what they make and then possibly invest or save. They would not want to pay taxes at least 3 times if it is an investment.

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Coastal Shores Inc. (CSI) was destroyed by Hurricane Fred on August 5, 2021. At January 1, CSI reported an inventory of $184,000
lana [24]

Answer:

$84,250

Explanation:

The computation of the estimated inventory loss is shown below:

= Opening Inventory + Purchases - Cost of Sales

where,

Cost of sales is

=  $494,000 ×100 ÷ 160  

= $308,750

And, the opening inventory is $184,000

And, the purchase is $209,000

So, the estimated inventory loss is

= $184,000 + $209,000 - $308,750

= $84,250

We simply applied the above formula so that the estimated inventory loss could arrive

7 0
3 years ago
You have just been hired as a financial analyst for Barrington Industries. Unfortunately, company headquarters (where all of the
Andru [333]

Answer:

The ending cash balance is $40,000

Explanation:

Kindly check attached picture for detailed explanation on Cash Flow statement

6 0
3 years ago
Read 2 more answers
Ethical Concerns in Human Resources
Dennis_Churaev [7]

Answer:

Ethical Concerns in Human Resources

Matching Ethical Issues with Ethical Concerns:

A. Mike, a new employee, was distressed to learn that he was expected to help with the illegal dumping of medical waste.

3. Right of freedom of conscience

B. One of the important messages of HIPPA (the Health Insurance Portability and Accountability Act) is the need to keep employee health records confidential.

2. Right of privacy

C. Sharon complains because the employer hired her for the day shift, but now she is expected to work the midnight shift.

5. Right of free consent

D. Many companies establish Employee Assistance Programs (EAPs), which offer employees many important benefits, including a complaint process so that employees will feel free to share their concerns.

1. Right of freedom of speech

E. Ed felt he was being demoted because of his age, not of his performance, so he asked for a meeting with the director of HR.

4. Right to due process

Explanation:

Data:

Ethical Concerns:

1. Right of freedom of speech

2. Right of privacy

3. Right of freedom of conscience

4. Right to due process

5. Right of free consent

b) Ethical principles:

Mutual benefits: This principle refers to equity in sharing benefits and costs.

Assumption of responsibility: This principle demands accountability with responsibility.

Having a sense of purpose or vision: This principle refers to the fulfilment of purpose that is considered reasonable by others.

Fairness: The principle requires the absence of favoritism  and discrimination.

8 0
3 years ago
When installing a motor control system, list four major factors to consider concerning the power system.
beks73 [17]

Answer:

power source, motor type , motor connection, and environment and controller

Explanation:

when we install motor control system

there are many factor which we consider while installing and they are as

  1. power source that is need for operate machine
  2. motor type that is depend on our work output
  3. motor connection need horse power and service factor etc
  4. environment that is also important for outside of equipment with dust and moisture etc
  5. controller type it is depend upon type of motor and its purpose

so these are some type of factor which we consider while installing

5 0
3 years ago
Why might someone choose to use itemized deductions instead of taking the standard deduction offered by the​ irs?
krek1111 [17]
If you have a lot of deductions compared to a typical W2 tax payer you may itemize instead of standard deduct. An accountant can help determine which is best to file. In most cases, those who itemize have a mortgage, extra medical expenses that exceed a percentage of your adjusted gross income, W9 (contractor/work from home positions), have paid large interest and/or have donation a lot throughout the year. 
7 0
4 years ago
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