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3 years ago

What statement about progressive taxes is true?

Business

1 answer:

vekshin13 years ago

4 0

B is the answer <span>B- the rate remains the same , even if income increases or decreases
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Leo Gallagher is a traveling comedian, musician, and philosopher. In September of 2019, a truck he had used for several years to

Leya [2.2K]

Answer:

Hold on, our servers are swamped. Wait for your answer to fully load.

Explanation:

4 0

3 years ago

Interest versus dividend expense Michaels Corporation expects earnings before interest and taxes to be $ 50 comma 000 for the cu

Brilliant_brown [7]

Answer:

Here we have two cases and in one of these we are paying interest on a normal loan which is tax deductible and in the other case we are paying interest on a preference share which is not Tax allowable expense. So in the nutshell, the only difference will be tax amount computed in both cases for calculating Earnings available for ordinary shareholders.

Case 1. Interest paid on normal loan

Earning After tax = (Earnings before Interest & Tax - Interest) - Tax

Earning After tax = ($50,000 - 12000) - 21%

Earning After tax = $38000 - 21%*$38000

Earning After tax = $30020

The amount available for the ordinary shareholders is $300,20

Case 2. Interest on preference shares

As the interest paid on preference share is not tax deductible so the tax will be calculated as 21% of the amount $50,000. So

Earning After tax = Earnings before Interest & Tax - Interest - Tax

Earning After tax = $50,000 - 12000 - (21%*$50,000)

Earnings After Tax = $38,000 - $10,500 = $27,500

So the amount available for the ordinary shareholders is $27,500.

8 0

3 years ago

The idea of _____ is a form of innovation that constantly seeks ways to improve business processes and add value to products and

Slav-nsk [51]

Answer:

The answer is Continual Improvement Process

Explanation:

Continual Improvement Process involve the action(s) undertaken by businesses to improve their goods, services or method of operations.

Simply put, it is the policy in a workplace that seeks to improve the way things are done on a day-to-day basis.

Continual improvement process is important in business, in that it makes the business owner(s) or employees think about the problems that affect them and formulate solutions to these problems. This will therefore increase efficiency in business.

7 0

3 years ago

This is a function of money in which any commodity- such as gold or currency- can be saved for later use.

Zarrin [17]

I think it is Store Of Value.

7 0

3 years ago

Please please answer these help me plz

adell [148]

Explanation:

Control

Entrepreneurs naturally have long-term vision and find focus on quarterly profits frustrating

As an owner of a privately held company, you have complete authority over operational decisions and don’t have to worry about shareholder expectations and interference. Shareholders in public companies are often focused on current earnings and they can exert tremendous pressure to increase earnings in the short term in order to increase the value of their stock.

Right of Non-Disclosure

Privately held companies are not required to disclose details about their operations that could potentially benefit competitors. The SEC has stringent disclosure requirements for public companies, including the details of investor conferences, research analyst meetings and shareholder discussions.

Confidentiality

Information such as executive compensation, legal settlements and other sensitive information cannot be kept confidential in public companies. Compliance with these SEC disclosure regulations can expose information that you would prefer to keep confidential.

The United States is considered the world's premier free-market economy. Its economic output is greater than any other country that has a free market. 1 The U.S. free market depends on capitalism to thrive. The law of demand and supply sets prices and distributes goods and services.

5 0

3 years ago