All categories

3 years ago

What is the idea behind “cutting taxes” (lowering taxes). select one:

1 answer:

8 0

The correct option is A. The effect of tax cut is reduction in the amount of money that the government is generating and increase in the amount of money available to those whose taxes are reduced. Government usually cut taxes in order to boost the economy through increased spending.

You might be interested in

Tierney Company begins operations on April 1. Information from job cost sheets shows the following.

a_sh-v [17]

Answer:

April 30 Work in Process Inventory $11,200

May 31 Work in Process Inventory $22,300

June 30 Work in Process Inventory $11,100

Explanation:

Calculation for the balance in Work in Process Inventory at the end of each month

April 30 Work in Process Inventory=$6,200+$5,000

April 30 Work in Process Inventory=$11,200

May 31 Work in Process Inventory =$5,000+$ 4,700+$5,600+$7,000

May 31 Work in Process Inventory =$22,300

June 30 Work in Process Inventory= $7,000 + $4,100

June 30 Work in Process Inventory= $11,100

Therefore the balance in Work in Process Inventory at the end of each month will be :

April 30 Work in Process Inventory $11,200

May 31 Work in Process Inventory $22,300

June 30 Work in Process Inventory $11,100

6 0

2 years ago

When an investor buys a call option, regardless of whether it is an Equity or Stock Index option, the maximum risk or loss poten

kompoz [17]

Answer:

C) premium that was paid for the contract

Explanation:

One interesting feature of buying option is that you can only lose the premium.

For example: If i buy the call option for $5 with a strike price of $30. At the expiration date when the stock price is $22, i would have lost more than $5 by exercising the option. The reason is i am purchasing the stock in $30 which can be bought from market in $22. Here, it would not be the case because unlike futures, options can be left not exercised. So, in this condition i will not exercise the option, and buy the stock from market in $22. Maximum i would lose is the premium that i have paid for the option $5.

7 0

2 years ago

Tanya has recently been appointed CEO of a corporation that specializes in computer software. The corporation has made a substan

Vikentia [17]

Answer:

Transactional leader.

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.

This ultimately implies that, beyond an individual possessing the traits or qualities of a leader, leadership in itself is a process that revolves around the activities or happenings between the leader and those who he or she is leading, which are the followers. Thus, leadership is simply a continuous process and it's transactional in nature because it occurs between a leader and the followers.

In this scenario, Tanya has recently been appointed CEO of a corporation that specializes in computer software. The corporation has made a substantial profit since she joined due to her emphasizing the importance of deadlines and sales goals to her software design team. Thus, Tanya is best described as a transactional leader because she is more concerned with her team (followers) meeting set targets (goals) or defined requirements, objectives and expected level of results (performance).

6 0

3 years ago

Assume that a consumer has a given budget or income of $12 and that she can buy only two goods, apples or bananas. The price of

Andru [333]

Answer:

b) 2 bananas.

Explanation:

Provided that

Given budget or income = $12

The price of an apple = $1.50

The Price of a banana = $0.75

Since if we equate this banana and apple price, the opportunity cost is

The price of an apple = The Price of a banana

$1.50 = 2 bananas

The price of one banana is $0.75, for two it is $1.50 after multiplying the price of one banana with two bananas

7 0

3 years ago

The balance sheet, or statement of financial position, is the listing of all assets and all claims against the assets of a compa

Tanzania [10]

True

<h3>What do you mean by balance sheet?</h3>

The term "balance sheet" refers to a financial statement that details the assets, liabilities, and shareholder equity of a business at a specific point in time. Balance sheets serve as the basis for estimating a company's capital structure and computing investor return rates.

A financial statement called a balance sheet provides a brief summary of a company's assets, liabilities, and shareholder investment. Balance sheets can be used in combination with other important financial data when doing basic analysis or computing financial ratios.

MAIN LESSONS

A balance sheet, which is a financial statement, lists the assets, liabilities, and shareholder equity of an organization.

one of the three main financial accounts that are examined when evaluating a company

To know more about Balance sheet visit :

brainly.com/question/17352291

#SPJ4

4 0

2 years ago