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Kobotan [32]
3 years ago
12

A regressive tax has the biggest impact on which sector of the american economy?

Business
1 answer:
9966 [12]3 years ago
7 0
A regressive tax has the biggest impact on the income of the middle-sector households. of the American economy because they are affected by the increase of the average tax rate. The regressive tax gets its large percentage from the middle sector than the high-class households with high earnings.
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Hawaiian Specialty Foods purchased equipment for $18,000. Residual value at the end of an estimated four-year service life is ex
FromTheMoon [43]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Purchase price= $18,000

Residual value= $1,800

Useful life= 4 years

The machine operated for 2,300 hours in the first year, and the company expects the machine to operate for a total of 15,000 hours.

To calculate the depreciation expense, we need to use the following formulas:

<u>Straight-line:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (18,000 - 1,800)/4= $4,050

<u>Double-declining balance:</u>

Annual depreciation= 2*[(book value)/estimated life (years)]

Annual depreciation= 2* 4,050= $8,100

<u>Activity-based:</u>

Annual depreciation= [(original cost - salvage value)/useful life of production in hours]*hours operated

Annual depreciation= [(18,000 - 1,800)/15,000]*2,300

Annual depreciation= $2,484

8 0
3 years ago
A university officer wants to know the proportion of registered students that spend more than 20 minutes to get to school. He se
vlada-n [284]

Answer:

1) We need a random sample. For this case we assume that the sample selected was obtained using the simple random sampling method.

2) We need to satisfy the following inequalities:

n\hat p =25*0.52= 13 \geq 10

n(1-\hat p) = 25*(1-0.52) =12 \geq 10

So then we satisfy this condition

3) 10% condition. For this case we assume that the random sample selected n represent less than 10% of the population size N . And for this case we can assume this condition.

So then since all the conditions are satisfied we can conclude that we can apply the normal approximation given by:

p \sim N (\hat p, \sqrt{\frac{\hat p (1-\hat p)}{n}})

So then the answer for this case would be:

a. Yes.

Explanation:

For this case we assume that the question is: If in the experiment described we can use the normal approximation for the proportion of interest.

For this case we have a sample of n =25

And we are interested in the proportion of registered students that spend more than 20 minutes to get to school.

X = 13 represent the number of students in the sample selected that have a time more than 20 min.

And then the estimated proportion of interest would be:

\hat p = \frac{X}{n}= \frac{13}{25}= 0.52

And we want to check if we can use the normal approximation given by:

p \sim N (\hat p, \sqrt{\frac{\hat p (1-\hat p)}{n}})

So in order to do this approximation we need to satisfy some conditions listed below:

1) We need a random sample. For this case we assume that the sample selected was obtained using the simple random sampling method.

2) We need to satisfy the following inequalities:

n\hat p =25*0.52= 13 \geq 10

n(1-\hat p) = 25*(1-0.52) =12 \geq 10

So then we satisfy this condition:

3) 10% condition. For this case we assume that the random sample selected n represent less than 10% of the population size N . And for this case we can assume this condition.

So then since all the conditions are satisfied we can conclude that we can apply the normal approximation given by:

p \sim N (\hat p, \sqrt{\frac{\hat p (1-\hat p)}{n}})

So then the answer for this case would be:

a. Yes.

3 0
3 years ago
A bond is issued at premium ________. when a bond's stated interest rate is equal to the market interest rate when a bond's stat
Sphinxa [80]
The correct answer would be the third option. A bond is issued at premium when a bond's stated interest rate is higher than the market interest rate. It is a type of bond wherein it offers a rate that is higher than what is the present interest rates. It is a bond usually issued in nations like Canada and United Kingdom. In UK, these bonds are deemed as lottery bonds which is being issued by the National Savings and Investment of their government. In Canada, on the other hand, it is called as Canada Premium bond which offers a high interest rate at the moment it is issued as compares to a Canada Savings Bond.
3 0
4 years ago
The Carlton Corporation has $5 million in earnings after taxes and 2 million shares outstanding. The stock trades at a P/E of 10
stiks02 [169]

Answer:

a. Compute the current price of the stock.

P/E ratio = 10

EPS = $5,000,000 / 2,000,000 stocks = $2.50 per stock

price = $2.50 x 10 = $25

b. If the $5 million is used to pay dividends, how much will dividends per share be?

$2.50, same as EPS

c. If the $5 million is used to repurchase shares in the market at a price of $30 per share, how many shares will be acquired?

$5,000,000 / $30 = 166,666.7 ≈ 166,667 stocks

d. What will the new earnings per share be?

outstanding stocks = 2,000,000 - 166,667 = 1,833,333

EPS = $5,000,000 / 1,833,333 = $2.73

e-1. If the P/E ratio remains constant, what will the price of the securities be?

price = $2.73 x 10 = $27.30

e-2. By how much, in terms of dollars, did the repurchase increase the stock price?

$27.30 - $25 = $2.30

f. Has the stockholders' total wealth changed as a result of the stock repurchase as opposed to receiving the cash dividend?

No

4 0
3 years ago
A colleague has written a section of the main body in of the same financial report. He had a long paragraph with lots of numbers
Leya [2.2K]

Answer:

The Correct Answer is C.

Graphics

Explanation:

The Advantages of using Graphics in presentation or reports are such as:

  • Graphics can help illustrate some topics better than the diagrams or static texts.
  • Graphics is portable and editable.
  • Graphics can gain and hold attention.
  • Interactivity can help in the learning process which makes it much easier and understandable.
  • Entertaining as well as Educational.
  • Hyperlinks to other websites, documents, reports, and presentations.

7 0
4 years ago
Read 2 more answers
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