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Inessa05 [86]
2 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]2 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.

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Why can most people in Hospitality and Tourism careers succeed with a secondary education as their highest level of education? M
Free_Kalibri [48]

Most people in Hospitality and Tourism careers get success with secondary education only as they receive on-job training to learn what they need to know.

<h3>What is a Hospitality and Tourism career?</h3>

Hospitality and Tourism career jobs involve providing planning, management, food, recreation, travel,  and similar services. These jobs provide higher monetary perks.

No minimum education is required to get a job in a hospitality and tourism career. This industry values experience more than education.

People are more likely to get success in hospitality and tourism as they learn and update themselves while doing the job. On-job training is an essential advantage of these careers.

Therefore, the correct option is c.

Learn more about hospitality and tourism career here:

brainly.com/question/2789223

7 0
2 years ago
it is ideal for key management slots to be filled from outside . a. in turnaround and rapid-growth situations b. when problems w
astraxan [27]

It is ideal for key management slots to be filled from outside turnaround as well as rapid-growth situations.

So, the correct option is A.

Different sets of managerial skills are required to implement the strategy and ensure that the organization does so successfully. Strategy execution is primarily operations-driven, focusing on the management of people, business processes, and organizational structure, as opposed to strategy formulation, which is largely an analysis-driven activity focused on market conditions and the company's resources and capabilities.

Working well with and through others, developing and bolstering competitive capabilities, and developing a suitable organizational structure are all necessary for successful strategy execution. Teamwork is necessary for successful strategy execution. Every manager is accountable for implementing strategies in their spheres of influence, and every employee actively contributes to this process.

 

Learn to know more about Rapid growth on

brainly.com/question/20972252

#SPJ4

3 0
10 months ago
TVs and VCRs are:<br><br> A. needs<br> B. wants<br> C. resources<br> D. markets
Yanka [14]

Answer:

I believe I is B-wants

Explanation:

7 0
3 years ago
Read 2 more answers
Bob and Serena are married and file a joint income tax return. For 2018, their modified AGI is $70,000. Their daughter, Dawn, is
Bogdan [553]

Answer:

The American Opportunity Tax Credit (AOTC) that can be claimed is $2,500.

Explanation:

As of 2018, no changes have been made to the AOTC. By law, with a modified  adjusted gross income (MAGI) of $80,000 or less for single individuals and $160,000 or less for married filing jointly, the individuals can claim the full credit amount. It is a credit paid for an eligible student to cover education expenses, if in the first four years of postsecondary education. A maximum annual amount of $2,500 is given and an additional 40% of remaining amount (up to $1,000) if the tax owed falls to zero.

8 0
3 years ago
The Southern Bell Company manufactures 2,000 telephones per year. The full manufacturing costs per telephone are as follows:
Degger [83]

Answer:

The company should buy the units because it will save $10,000.-

Explanation:

Giving the following information:

Make in-house:

Unitary variable cost= 2 + 8 + 6= $16

Avoidable fixed cost= $8,000

Buy:

Unitary cost= $15

<u>First, we will determine the total cost of each option:</u>

Make in house= 2,000*16 + 8,000= $40,000

Buy= 15*2,000= $30,000

The company should buy the units because it will save $10,000.-

5 0
2 years ago
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