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3 years ago

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

1 answer:

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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The Dow Jones Industrial Average Index has an unusual weighting methodology . Unlike the S&P 500, it is weighted by share pr

Temka [501]

Answer: Goldman Sachs

Explanation:

If all shares rose by 5% in the value, the biggest contributor to the S&P 500 's upward movement would be the one with the highest weight from the listed options.

From the options listed, Apple has a weight of 4.955 , General Electric is not listed, Exxon Mobil has a weight of 2.1417 and Goldman Sachs has a weight of 5.1177.

Goldman Sachs has the largest weight and so would contribute the most.

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3 years ago

What is the purpose of the depreciation adjustment for long-lived assets?.

Liono4ka [1.6K]

Answer: It is done so that it can match the ongoing use of the asset with the economic benefits derived from it.

Explanation:

3 0

2 years ago

A good communicator will focus on speaking and ______.

sesenic [268]

A good communicator will focus on speaking and listening.

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3 years ago

Read 2 more answers

Assume that Superb Hancock uses first-in, first-out (FIFO) for inventory costing instead of the weighted-average inventory valua

icang [17]

Answer: $33,280

Explanation:

With FIFO, materials cost is added at the beginning.

Cost per unit of materials in production:

= 15,000 / 10,000

= $1.50

Cost per unit of conversion:

= 25,000 / Equivalent unit of production for conversion

Equivalent unit of production for conversion:

2,000 units were not transferred at the end of the month seeing as only 8,000 units were:

= 8,000 + (2,000 * 70%)

= 9,400 units

= 25,000 / 9,400

= $2.66

Amount transferred:

= 8,000 units * (Material cost + Conversion cost)

= 8,000 * (1.50 + 2.66)

= $33,280

5 0

3 years ago

Veronique and lily each bought a piece of luggage that had the same price in different stores. the table below shows how they wi

myrzilka [38]

According to the information in the Graph Veronique made a better decision than Lily because the final cost of her purchase is lower including finance charges (option B)

<h3>What is a finance charge?</h3>

A finance charge is an economic term that refers to additional charges made by finance companies (such as banks) to a transaction we make, such as a purchase.

In the case of Veronique and Lilly, they both bought the same suitcase with different prices. However, the better financial decision was Veronique's because she paid less ($25) for the same bag including finance charges.

While Lilly, despite having fewer fees, will have to pay $10 more than Veronique.

Note: This question is incomplete because the image is missing. Here is the image.

Learn more about payment in: brainly.com/question/15138283

5 0

2 years ago