1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
amm1812
4 years ago
15

Congress would like to increase tax revenues by 11.5 percent. assume that the average taxpayer in the united states earns $62,00

0 and pays an average tax rate of 10 percent.
a. if the income effect is in effect for all taxpayers, what average tax rate will result in a 11.5 percent increase in tax revenues?
Business
1 answer:
cricket20 [7]4 years ago
8 0
<span>An increase of 11.5 percent is the same as multiplying by 1.115. Since the current rate is 10 percent, an 11.5 percent increase would be:
10 percent x 1.115 = 11.15 percent.</span>
You might be interested in
Mr. Brown asked the parents of one of his students to meet with him. He acknowledged their demanding work schedule and agreed to
TiliK225 [7]
Do you answer choices? I would say like communication, he worked out arrangements and showed effort and interest in the bad behavior... Its probably wrong I need more info please :)
3 0
4 years ago
Read 2 more answers
Bosio Inc.s perpetual preferred stock sells for $97.50 per share, and it pays an $8.50 annual dividend. If the company were to s
vekshin1

Answer:

b. 9.08%

Explanation:

Cost of preferred stock is the required rate of return by investors for providing capital to a company.

Formula for cost of preferred stock = Dividend / Price*(1-Flotation cost)

Dividend = $8.50

Price = $97.50

Flotation cost = 4% or 0.04 as a decimal

Next, plug in the numbers to the formula;

Cost of preferred stock = 8.50/ [97.50 (1-0.04)]

= 8.50 / 93.6

= 0.0908 or 9.08% as a percentage

3 0
4 years ago
A firm's collection policy, i.e., the procedures it follows to collect accounts receivable, plays an important role in keeping i
kramer

Answer:

a) true

Explanation:

The average collection period could be computed by

= Total number of days in a year ÷ account receivable turnover ratio

It determines the number of days in which the customers pay the amount to the company.

If the payment is made within the prescribed time or early so it shows the goods performance else it reflects the worst performance

Therefore according to the given situation, if there is strictness in collection policy which ultimately reduced profit due to lost sales plays a very important role in shorten the collection period

3 0
4 years ago
Guiding the actions of the affected party in a way that helps encourage compliance is the principal objective in which element o
Radda [10]

Guiding the actions of the affected party in a way that helps encourage compliance is the principal objective in which element of the Curbside Manner model

<h3>What is Curbside Manner model?</h3>

This first responder training module teaches "curbside manner," a set of tried-and-true principles and actions that assist first responders in assisting civilians in crisis by ensuring their safety, understanding their individual needs, meeting those needs, and promoting the connectedness and self-efficacy required for recovery.

The Golden Rule is the most fundamental principle of Curbside Manner: Treat others as you would like to be treated.

These elements are: (1) regaining a sense of safety, or cover; (2) restoring calm in order to reduce intense physiological arousal and negative emotions; (3) feeling connected to sources of social support; and (4) increasing a sense of self-efficacy, which means feeling competent to deal with stressful situations.

To know more about curbside manner follow the link:

brainly.com/question/14783372

#SPJ4

5 0
2 years ago
Which of the following is something a "smart pick list" does NOT help pickers do?pick materials based on order of deliverypick m
brilliants [131]

Answer:

physically lift heavy items

Explanation:

pick materials based on order of delivery <em>(that makes sense so you know when everything comes in)</em>

<em />

<em>pick materials based on due date (that makes sense so you how to plan and order everything to line up right)</em>

<em />

pick materials using a pre-programmed, efficient route<em> (that makes sense so you have a guide! You won't have to stress this way and it's seems simple.)</em>

<em />

physically lift heavy items <em>(that doesn't makes sense if they're heavy you'll be wasting your time fighting up with it. Have people help do that.)</em>

4 0
3 years ago
Other questions:
  • Which scenario describes the highest level of productivity? A. Producing $50 chairs using resources that cost $400 B. Producing
    11·2 answers
  • A perfectly competitive firm will maximize profit or minimize losses in the short run by producing at the point where:
    9·1 answer
  • When only one party to a contract is mistaken about a material fact that is the subject matter of the contract, that party will
    14·1 answer
  • Karen’s monthly cell phone bill is $75. What type of budget item would her cell phone bill be?
    11·2 answers
  • Price serves as a a. rationing device. b. transmitter of information. c. means of determining who gets what of the available lim
    8·1 answer
  • You have a budget of $1,440 per week for employees. Employees are paid $12 per hour and work 40 hours per week. Ignoring overhea
    15·2 answers
  • When an accelerated depreciation method is used to calculate depreciation expense: Multiple Choice the accumulated depreciation
    5·1 answer
  • Different compounding periods, are used for different types of investments. In order to properly compare investments or loans wi
    7·1 answer
  • Spring Resources LLC creates unique value by establishing a learning organization that coordinates various production tactics an
    13·1 answer
  • According to the Keynesian model, the short-run aggregate supply (SRAS) curve is horizontal when:____.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!