Someone who wants the credentials of skilled training, but in less time than a four-year degree should consider

There are 4 households in a locality. The annual income of the first household $20,000, the annual income of the second househol

mihalych1998 [28]

Answer:

b) The progressive income tax system

Explanation:

The tax is compulsory contribution levied by the authority in a territory on goods, services, income and profit.

Proportional income tax :Income tax is said to be proportional where the same tax rate is paid by all irrespective of their income bracket.

A progressive income tax is that where the tax rate becomes higher for those income earners in the high income bracket. The tax rates on every dollar earned becomes higher with increase in income.

The regressive income tax is where a lower percentage is paid as tax as the income income increases. Lower rate is paid on additional dollar earned.

The scenario in the question falls under the concept of progressive income tax system

6 0

3 years ago

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Given the organization of the primary somatosensory cortex, why does a slap in the face hurt more than a slap on the back

Yuliya22 [10]

Delicate zones of the body consume up more room in the cortex: The more touchy a body part is, the more cortex space it has. The cortex has more space gave to the face than to the back: A great deal of room in the cortex is given to the face and none to the back.

7 0

3 years ago

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Which one of the following correctly describes the dividend yield? Multiple Choice Next year's annual dividend divided by today'

Debora [2.8K]

Answer:

Next year's annual dividend divided by today's stock price

Explanation:

Dividend yield is a financial ratio which is used by investors to assess a company's annual dividend payout in comparison of its stock price. The formula for dividend yield ratio is :

Annual dividend / Stock price

The annual dividend used is the most recent dividend paid or is to be paid to shareholders of the company. It enables investors to assess the return on their investment in each stock price. Dividend yield increases when companies pay more dividends. It is a good signaling effect for shareholders.

4 0

4 years ago

A company wants to generate a forecast for unit demand for year 2018 using exponential smoothing. The actual demand in year 2017

kondor19780726 [428]

Answer:

d. 111

Explanation:

Calculation to determine which of the following is the resulting year 2018 forecast value

Using this formula

2018 Forecast value = Ft= Ft - 1+ (At - 1- Ft - 1)

Let plug in the formula

2018 Forecast value = 110 + 0.1 (120 - 110)

2018 Forecast value=110+0.1(10)

2018 Forecast value=110+1

2018 Forecast value= 111

Therefore the resulting year 2018 forecast value

will be 111

6 0

3 years ago

You have an opportunity to acquire a property form First Capital Bank. The bank recently obtained the property from a borrower w

love history [14]

Answer:

Acquiring the property will not be profitable. This is supported by the computation below;

Cash outflow required;

Offer cost $200,000

Other acquisition cost $10,500

Repairs cost $12,000

Selling expenses and fee $3,000

Loan Interest (180,000x8%) $14,400

Total $239,900

Expected selling price $225,000

Expected Loss $14,900

Explanation:

It is assumed that the $180,000 loan from the bank will be completely absorbed in the process of bringing the property into a good selleable condition. Also, the interest payable on loan will be paid monthly which will affect the liquidity of the buyer. Except funds are sought for somewhere else, the buy can not pay for the initial cost of the property. The venture will not be profitable.

Workings:

Cash outflow required;

Offer cost $200,000

Other acquisition cost $10,500

Repairs cost $12,000

Selling expenses and fee $3,000

Loan Interest (180,000x8%) $14,400

Total $239,900

Expected selling price $225,000

Expected Loss $14,900

7 0

3 years ago