The right answer for the question that is being asked and shown above is that: "B) The rate remains the same, even if income increases or decreases." the rate of a proportional tax change with income is that <span>B) The rate remains the same, even if income increases or decreases.</span>
Answer:
e. $ 350,000
Explanation:
Given: Total number of units= 10000.
Selling price= $60 per unit.
The material cost= $10 per fan
Labor cost= $15 per unit.
Promotion and marketing cost= $100000.
Facility expense= $80000.
Other overhead cost= $20,000.
Now, finding the variable cost of fan.
Variable cost=
Variable cost=
⇒ Variable cost=
∴ Variable cost= $250000.
Selling price=
∴ Selling price of fan is $600000.
Unit contribution=
Next find the unit contribution of each fan.
⇒ Unit contribution=
∴ Unit contribution of each fan is $350000.
Cost-benefit analysis is a method used for making business decisions<span>:</span>
The fact that Rita uses cost-benefit analysis while she makes decisions for smart investments is part of <span> the normative ethical system: </span><span>utiliarian ethics.
</span> This system is a consequentialist theory that is focused on the consequences of ethical decisions.
A major advantage of the built-in or automatic stabilizers is that they require no legislative action by Congress to be made effective.
<h3>What are automatic stablizers?</h3>
Automatic stabilizers are stabilizers that adjust the economy automatically without the intervention of the congress. An example of an automatic stablizer is taxes.
In an expansion, progressive tax increases the tax paid by citizens and in a contraction, tax paid is reduced and this increases disposable income.
Here is the complete question:
A major advantage of the built-in or automatic stabilizers is that they:
(a) simultaneously stabilize the economy and reduce the absolute size of the public debt.
(b) automatically produce surpluses during recessions and deficits during inflation.
(c) require no legislative action by Congress to be made effective.
(d) guarantee that the federal budget will be balanced over the course of the business cycle.
Answer:
Dec 31 Unearned rent revenue $ 3675 Dr
Rent Revenue $3675 Cr
Explanation:
The adjusting entries are made at the end of period and as the rent revenue is received in advance, it is treated as a liability until it is earned.On 31 December, 3 months rent revenue has been eanred and as this revenue belongs to this year, following the accrual principle, we will record this as revenue and decrease the liability.
The three months rent revenue = 1225 * 3 = 3675