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Diano4ka-milaya [45]
3 years ago
15

1. Do you think it is a good idea to have employers withhold

Business
1 answer:
Alina [70]3 years ago
5 0

Answer:

No,

Explanation:

The tax withholding system is something that most of us take for granted, but the concerned citizens, politicians and economists who have analyzed it have many criticisms of the system.

Taxpayers have no idea how much they pay and are apathetic about tax rates

If taxpayers had to make one large payment, they would know exactly how much they were forking over for federal taxes, Social Security taxes, Medicare taxes and state taxes. Since the money is taken gradually, many people never pay attention to the full amount, which makes it easier for high tax rates to persist and for the government to increase tax rates. For example, the state of California in 2009 decided to use the tax withholding system to take a large, interest-free loan from its taxpayers. It increased the withholding tax by 10%, and even journalists didn't seem to notice until the days before the rate hike was implemented. The government says it will refund the borrowed money in April.

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Differential Analysis for a Lease or Buy Decision
il63 [147K]

Answer:

Lease Equipment $150,000

BUY EQUIPMENT$134,700

Differential Effects-$15,300

The company should choose BUY EQUIPMENT which is Alternative 2

Explanation:

Preparation of the differential analysis dated March 15 to determine whether Laredo Corporation should lease (Alternative 1) or purchase (Alternative 2) the equipment

Differential Analysis

Lease (Alt. 1) or Buy (Alt. 2) Equipment

March 15

Lease Equipment (Alternative 1); Buy Equipment

(Alternative 2); Differential Effects (Alternative 2)

Costs:

Purchase price $0 $120,000 $120,000

Freight and installation $0 $1,500 $1,500

Repair and maintenance (6 years) $0 $13,200.$13,200

($2,200*6=$13,200)

Lease (6 years) $150,000 $0 -$150,000

($25,000*6)

Total costs $150,000 $134,700 -$15,300

Based on the above calculation the company should choose BUY EQUIPMENT which is Alternative 2

4 0
3 years ago
How did economic prosperity during the 1920s affect consumers?
Blizzard [7]

Answer:

After the war, Americans were ready to buy and wanted consumer goods like cars and appliances. Americans became accustomed to homes with electric lighting, phones, cars, vacations, and entertainment.

The lifestyles of Americans were significantly effected by the availability of labor saving products, luxury items and the emergence of mass advertising campaigns and consumerism.

Explanation:

3 0
3 years ago
If the financial statements include an income statement and a balance sheet but exclude the statement of cash flows, the auditor
USPshnik [31]

Answer:

The auditor should issue a qualified report for the departure from generally accepted accounting principles.

Explanation:

A qualified opinion can be understood as the statement given by an auditor in conjunction with a corporation's audited financial statements in an auditor's report. It was an auditor's judgement that implies a firm's earnings reporting was restricted in scope or that there was a substantial fault with the implementation of generally accepted accounting standards (GAAP)—but hardly one that was widespread.

3 0
3 years ago
Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common
Inessa [10]

Answer:

i am sorry i do not know

Explanation:

sorry

6 0
3 years ago
What is the the total fixed cost (tfc) of the firm when it produces 1 (one) unit of ouput?
hoa [83]

The the total fixed cost (tfc) of the firm when it produces 1 (one) unit of output will be $15

When Q = 1, TFC = $ 15

Note: TC = FC +VC At Q =3, FC = $ 15. The FC remains constant

Total fixed cost (TFC) is the cost that is constant regardless of the output level. For instance, depreciation, rent, wages, insurance, etc.

Both total fixed costs and total variable costs are included in total costs. The total of a company's fixed costs is the sum of all recurring, non-variable costs. Consider a business that pays $10,000 a month to lease office space, $5,000 a month to rent equipment, and $1,000 a month for utilities. The total fixed costs for the business in this scenario would be $16,000.

To learn more about Total fixed cost click here:

brainly.com/question/16749519

#SPJ4

5 0
2 years ago
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