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Crank
3 years ago
6

What are two ways that a person's wealth may be taxed? Describe these taxes.

Business
1 answer:
Arturiano [62]3 years ago
4 0
Here are the answers to the question above. The two ways that a person's wealth may be taxed according to the following: 
Estate taxes are taxes levied on a person’s estate when that person dies. Inheritance tax is a tax on the property or assets that someone has passed on to <span>another. Hope this answers your question.</span>
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Mystic Laboratories reported total assets of $11,200,000 and noncurrent assets of $1,480,000. The company also reported a curren
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Answer:

$6,480,000

Explanation:

The computation of the amount of the current liabilities is shown below:

Total assets of $11,200,000

Less: Noncurrent assets $1,480,000

Current Assets = $9,720,000

Now as we know that

Current ratio  = Current Assets ÷ Current Liabilities

Current Liabilites is

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= $6,480,000

hence, the current liabilities is $6,480,000

3 0
4 years ago
Charlie's brother, Alexander, also consumes apples (A) and bananas (B). Alexander's utility function happens to be U(A, B) = 5A
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Solution :

U(A, B) = 5A + 2B

a). Bundles (40, 5) = U ( _____ , 2), lie on the same indifference curve. Suppose missing numbers is x.

So, U(40, 5) = U(x, 2)

   (40 x 5) + (2 x 5) = 50x + (2 x 2)

     210 - 4  = 5x

       x = 41.2

So Alexander has 40 apples and 5 bananas. The indifference curve though (40, 5) also include bundle.

Therefore, (41.2, 2)

b). $MRS_{BA} = \frac{MU_B}{MU_A}$

                  $=\frac{\delta U/\delta B}{\delta U/\delta A}$

                  $=\frac{2}{5}$

                 = 0.4

So Alexander  has 40 apples and 5 bananas with this bundle. Alexander would like to give up 0.4 unit apples for a banana.

7 0
3 years ago
Gail Schneeweis is a nurse at Central City Hospital. She is paid $33.62 per hour and has a 40-hour standard workweek. During the
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Answer:

Gail would make $6,062.4 after a 2 week and 90 hours job

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Power and performance sports are dominant today because they do not foster the interests of people and organizations with the re
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I believe that statement is false

It's the other way around. Since sports able to attract the interest of large number of people, it attract interest of many organizations that feel that they can financially benefited from the audiences. Which is why you would constantly see massive advertisements displayed on the sports field or on the players' jersey.

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3 years ago
Phil agrees to work for vacation resorts, inc., as a chef. in determining whether a contract has been formed, an element of prim
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The parties' intent.
An agreement is a legitimately authoritative understanding. Once an offer has been acknowledged, there is an understanding, yet not really an agreement. The component that changes over any agreement into a genuine contract is "expectation to make lawful relations". The courts look for confirm that the gatherings to the understanding expected that it ought to be administered by, and subject to, the law of agreement; with the goal that the agreement offers ascend to lawful outcomes. Each gathering consequently receives a legitimate commitment, and each may look for a cure in case of rupture.
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