For the quarter ending December 2021, Woolworths Group's tax rate was 27.15%. See other financial metrics below.
<h3>What is the significance of tax rate?</h3>
Taxation not only pays for public goods and services; it also plays an important role in the social compact that exists between citizens (corporate and individual) and the economy.
The manner in which taxes are collected and spent may define a government's very legitimacy.
When very big corporations such as Woolworth are involved, they are also evaluated on their commitment to tax payment.
<h3>What is the Asset Value of Woolworth Holdings as at December 2021?</h3>
The Asset Value of Woolworth Holdings as at December 2021 was valued at about 59 Billion Dollars. In the same year, it's net income was valued at about 4.2 Billion Dollars.
Her EBDITDA - Earnings before interest, taxes, depreciation, and amortization was computed to have grown by 11.59 Billion dollars.
Hence, this tells us that after satisfying it's corporate fiscal responsibility (tax payment), Woolworth remained profitable. To the tune of 4.2 billion dollars.
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<span>We were told they produced 700 units. So far so good, but I would like to ask 40% of how many total initialnunits? Let the unit be X so we have 40% * X = 700 units and similarly 40% * X = 400units. So we have that X = 700/.4 and X = 400/.4 this gives 1750 and 1000 units respectively. Total units transferred to the finished goods is 1750 + 1000 = 2750 units. With 4800-2750 =2050 still needing to be be produced.</span>
Answer:
1. Adjustments of or changes in price are not smooth or synchronized.
2. Inflation rarely have impact on the prices of inputs.
3. The concentration of sellers is more on nominal prices of goods than real prices.
Explanation:
Inflation can be described as a sustained increase in the general price level of commodities within a country over a period of time.
The following are the reasons inflation in the real world result in shortages and surpluses:
1. Adjustmensts of or changes in price are not smooth or synchronized.
2. Inflation rarely have impact on the prices of inputs.
3. The concentration of sellers is more on nominal prices of goods than real prices.
Answer:
a) a demand curve
b) a demand schedule
Explanation:
A demand curve is a graph that shows the relationship between price and quantity demanded.
A typical demand curve is downward sloping. This means that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
A demand schedule is a table that shows the relationship between price and quantity demanded.
Attached is an image of a demand curve
I hope my answer helps you
Laissez-faire economics helped the country industrialize. Supporters of Laissez-faire believe that government should not interfere in the economy other than <span>protect property rights and maintain peace.</span>
