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Feliz [49]
3 years ago
13

An income tax is progressive if the

Business
1 answer:
UkoKoshka [18]3 years ago
6 0

Answer:

Option C- An income tax is progressive if the percentage of income paid as taxes increases as income increases.

Explanation:

Majorly, there are three types of Tax systems; these are:  Progressive, regressive and proportional.

A tax in which the tax rate increases as the taxable amount increases is known as a progressive tax.

The term "progressive" refers to the way the tax rate progresses from low to high, such that a taxpayer's average tax rate is less than the person's marginal tax rate.

Also,a progressive tax is  applicable to individual taxes or to a tax system as a whole; a year, multi-year, or lifetime. It is imposed with the aim of reducing the tax incidence of people with a lower ability to pay, as such taxes shift the incidence increasingly to those with a higher ability-to-pay.

Thus, an income tax is progressive if the percentage of income paid as taxes increases as income increases.

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Miltmar Corporation will pay a year-end dividend of $5, and dividends thereafter are expected to grow at the constant rate of 4%
morpeh [17]

Answer:

a. 10.04%

b. $82.78

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

a. Expected rate of return or market capitalization = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 5% + 0.72 × (12% - 5%)

= 5% + 0.72 × 7%

= 5% + 5.04%

= 10.04%

The Market rate of return - Risk-free rate of return) is also known as the market risk premium and the same is applied.

b. Now the intrinsic value would be

= Expected dividend ÷ (Required rate of return - growth rate)  

= $5 ÷ (10.04% - 4%)

= $5 ÷ 6.04%

= $82.78

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There are a few people in line waiting to be served. you are taking care of one customer and she insists you gave her the incorr
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You enforce the rules, state you did correctly count the amount of money, no exceptions.
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3 years ago
Pork barrel projects are approved because they do what
Rina8888 [55]
The answer is that " they help politicians win support from their constituents".

Pork barrel is an illustration for the allotment of government spending for restricted activities secured exclusively or basically to convey cash to an agent's area. The utilization started in American English. In decision battles, the term is utilized as a part of deprecatory mold to assault rivals.
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An economy's standard of living can be at its highest if:
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Whats the answer options you get

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Pizza Pier retires its 8% bonds for $70,100 before their scheduled maturity. At the time, the bonds have a face value of $72,100
mariarad [96]

Answer: Please refer to Explanation

Explanation:

DR Bonds Payable ............... $ 72,100

DR Premium on Bonds Payable (74,950 - 72,100) ...... $2,850

CR Cash ...................................... $70,100

CR Gain on Discharge of Bonds ($74,950 - $70,100) $4,850

(To record retirement of premium bond before time)

If you need any clarification do comment.

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