Answer:
Proportional tax system
Explanation:
A proportional tax system levies an equal tax rate on everyone regardless of their income level. It is also known as the flat-rate tax because it treats the wealthy, middle class, and low-income earners equally. The proportional tax system simplifies tax filing as the same tax rate will apply to everyone.
The proportions tax system contrasts with the progressive tax system, which bases the tax rate on the taxpayer's income.
Answer:
B it occurs where the market demand and supply curves intersect.
Explanation:
The equilibrium price is the current market price, as determined by the forces of demand and supply. It reflects the price at which buyers and sellers agree for a specified quantity of a product in a given time.
In a graph containing both the demand and supply curve, the equilibrium price is the two curves' intersection. At this price, there will be excess or short supply in the market.
Answer: c. $22,000 increase in operating income
Explanation:
Expected decrease in revenues -$280,000
Expected decrease in total variable costs (-$200,000)
Expected decrease in fixed costs <u> (-$102,000)</u>
Expected increase(decrease) in operating income $22,000
<em>Costs are to be deducted from revenues so if the costs are decreasing, the mathematical treatment would be to add the decrease to the revenues which is how the above was calculated. </em>
Answer and Explanation:
The correct way for putting this on expiration paper is as follows
Expiration date: 1/17/2017
Exp time: 4:00 AM
Preparation date: 12/3/2016
Preparation time: 4:00 AM
The above represents the correct way i.e to be putted on an expiration paper
Therefore we applied the given information to arrive at an answer
Answer:
NPV= 2333.28
Explanation:
Giving the following information:
So we have an initial investment in year 0 of $80,000 and a cash-flow of $20,200 (increase by 4% each year) for five years. Interest rate is 10%
Io= -80000
I1= 20200
I2= 21008
I3= 21848.32
I4= 22722.26
I5= 23631.15
To calculate the net present value we need to use the following formula:
n
<h3>NPV= -Io + ∑[Ct/(1+i)^n]</h3>
t-1
NPV= 2333.28
