1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Inessa05 [86]
3 years ago
9

Using income as the tax base, which of the following best illustrates a regressive tax? Multiple Choice 1. the corporate income

tax 2. a 7 percent general sales tax 3. the federal inheritance tax 4. the personal income tax
Business
1 answer:
zysi [14]3 years ago
8 0

Answer:

The correct answer is A

Explanation:

Regressive tax is the tax which is applied uniformly by taking or considering the larger percentage of the income from the earners of low income than the earners of high income.

It is opposite of the progressive tax, which considers the larger percentage of the earners of high income.

So, when using the income as a tax base, the regressive tax is 7% of the general sales tax.

You might be interested in
Paul began his speech as follows: They called Lou Gehrig the iron horse. The tireless worker played an astounding 2,130 consecut
kvv77 [185]

Answer:

The method of gaining attention that Paul use is relating the topic to the audience.

Explanation:

Paul here is trying to get attention of his audience through relating the topic to them in such way that they understand the topic in the est way possible. What Paul is doing here is kind of an analogy , where he is relating the tremendous feats( playing 2130 games , with 17 hand fractures) of Lou Gehrig to completing the school without any leave and scoring A grade, through this kind of analogy Paul would be able to relate the topic to every person in the audience.

4 0
3 years ago
MedPlus Incorporated, based in the United States, hesitates to enter into a joint venture with Azpak Limited, a Sri Lankan compa
Grace [21]

Answer:

Legal Risk

Explanation:

Legal risk are damage, financial, reputational losses or any other form of loss received by a business due to negligence in compliance with the law related to the business. They are prospective fines or loses that a business or an organization receives for not complying with the business law and regulations.

In this case, the prospective loss could come by associating with Azpak limited which have inadequate protection of intellectual property rights.

3 0
3 years ago
Read 2 more answers
Petrus Framing's cost formula for its supplies cost is $1,860 per month plus $11 per frame. For the month of March, the company
MissTica

Answer:

$355 unfavorable

Explanation:

Budgeted supplies cost was [$1,860 + (635 frames x $ 11)] = ($1,860 + $6,985) = $8,845

Actual supplies cost was $9,200, so the variance was = budgeted cost - actual cost = $8,845 - $9,200 = $355 unfavorable

Since the actual supplies cost was higher than the budgeted supplies cost, then the variance must be unfavorable (because more money was spent than expected).

4 0
2 years ago
Ted is glad his company finally converted to an RFID system. Now, he no longer needs to go through all the new goods to make sur
DedPeter [7]

Answer: (A) Checking

Explanation:

According to the question, ted finally convert his company into the RFID system as by using this radio frequency identification system it automatically identifying the various types goods by using the unique code. Also by scanning the given bar-code we can easily identify the different categories of the products.

Therefore, ted is responsible for checking in his own company. Various types of organization or companies using the supply chain process.

Therefore, Option (A) is correct.

3 0
3 years ago
Which of the three Naert's Model,Van Duzer's Model,Parikh's Models promote sustainability?​
grin007 [14]

Answer:

I think it's Naert's model, I may be wrong tho. Sorry if it's wrong. :(

7 0
3 years ago
Other questions:
  • A company's Office Supplies account shows a beginning balance of $720 and an ending balance of $640. If office supplies expense
    6·1 answer
  • Bill has a mortgage loan on his personal residence. he decides to pay 18 months of interest in advance on october 1, 2016. the t
    12·1 answer
  • Which of the below statements is inaccurate?
    5·1 answer
  • Total assets are $1,450, fixed assets are $790, long-term debt is $750, and short-term debt is $300. What is the amount of curre
    8·1 answer
  • Countries official reserve assets are mostly composed of A. the​ country's own currency. B. physical goods which can be bartered
    12·1 answer
  • Martha works as a senior manager in a bank. The bank has hired 20 new employees. Martha has spent a week defining the roles and
    9·2 answers
  • What is one of the main economic benefits of free trade?
    6·1 answer
  • Cushion Sports accepted a credit card account receivable in exchange for $5,000 of services provided to a customer. The credit c
    5·1 answer
  • Samantha believes in interference theory. What does she MOST likely believe? A. Past information can get in the way of learning
    8·1 answer
  • A large manufacturing firm has been selling on a 3/10, net 30 basis. The firm changes its credit terms to 2/20, net 90. What cha
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!