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3 years ago

The reason of taxation?

Business

2 answers:

elena-14-01-66 [18.8K]3 years ago

6 0

Answer:

The money you pay in taxes goes to many places. In addition to paying the salaries of government workers, your tax dollars also help to support common resources, such as police and firefighters. Tax money helps to ensure the roads you travel on are safe and well-maintained. Taxes fund public libraries and parks.

Karo-lina-s [1.5K]3 years ago

4 0

The reason for taxes is to help pay for free services that are funded by the government. The taxes we pay goes to public services such as: schools, government employees, police stations, fire stations, roads, etc.. Without taxes we wouldn't have the services that help us with everyday life or emergencies.

Hope this helps

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The Macaulay convexity of a single cash flow is 64 at an annual effective interest rate of 10%. Calculate the modified duration

garri49 [273]

Answer:

A 7.3

Explanation:

Macaulay Convexity = 64, as about a single cash flow

Since it is a single cash flows, convexity is square the Macaulay duration of the bond.

Convexity = √Macaulay duration.

So, Macaulay duration = Convexity^(1/2)

Macaulay duration = Convexity^(0.5)

Macaulay duration = 64^0.5

Macaulay duration = 8

So, the Macaulay duration = 8 years

Now, Modified duration = Macaulay duration/(1+yield)

Modified duration = 8/(1+0.1)

Modified duration = 8/1.1

Modified duration = 7.27273

Modified duration = 7.3 years

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4 years ago

Business support systems ____. simulate human reasoning by combining a knowledge base and inference rules that determine how the

djyliett [7]

Answer:

The correct answer is Provide job-related information support to users at all levels of a company

Explanation:

Business collaboration systems (ERP) are one of the most used types of information systems. They help the managers of a company to control the flow of information in their organizations.

It is one of the types of information systems that are not specific to a specific level in the organization, but provide important support for a wide range of users. These information systems are designed to support office tasks such as multimedia systems, emails, videoconferences and file transfers.

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3 years ago

On July 1, Bramble Corporation purchases 670 shares of its $6 par value common stock for the treasury at a cash price of $9 per

user100 [1]

Answer and Explanation:

The journal entries are shown below:

On July 1

Treasury stock Dr (670 shares × $9 per share) $6,030

To Cash $6,030

(Being the purchase of treasury stock is recorded)

For recording this we debited the treasury stock as it increased the treasury and credited the cash as it decreased the assets

On Sep 1

Cash Dr (420 shares × $14 per share) $5,880

To Treasury Stock (420 shares × $9 per share) $3,780

To Additional paid in capital - Treasury stock $2,100

(Being the resale of treasury stock is recorded)

For recording this we debited the cash as it increased the assets and credited the treasury stock and additional paid in capital as the sale is made

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3 years ago

Which of the following is not properly classified as property, plant, and equipment? a. Land used in ordinary business operation

Vilka [71]

Answer:

b. A truck held for resale by an automobile dealership

Explanation:

Property plant and equipment are physical or tangible assets used by an organization in the ordinary course of business. They include Land and building used in ordinary business operations, plant and machinery used in production, Land improvements, such as parking lots and fences etc. Such assets are usually depreciated as they are used and in accordance with the organization's policy. However, assets held for sale are not used by the organization in the ordinary course of business rather, the company holds them till such assets are sold. No depreciation is computed on the assets held for sale. Hence, from the options given, a truck held for resale by an automobile dealership is the only item held for sale and does not qualify for recognition as property plant and equipment. The right answer is b.

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3 years ago

____________ which occurs during the third phase of the writing process, means improving the content and sentence structure of y

Ymorist [56]

Answer: Revising.

Explanation: Writing refers to a method of communication with the use of symbols, letters, alphabets and signs in an understandable and readable format. The writing process may involve prewriting,drafting , Revising and editing.

The Revision process is usually the third step in the writing process as it is done after drafting and before the final editing. It simply means taking another look at what was written. It may include addition of fact or argument, Reorganizing and Restructuring points made, Reorganizing the tenses and grammatical structure, it could also include redesigning the outlook of a presentation.

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3 years ago

The reason of taxation? ​

The reason of taxation?