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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.

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Which of the following is true about avoiding discrimination?
Ivan

If preventing discrimination would cause undue hardship, reasonable accommodations will be made. The correct response to the question is option (d).

<h3>What is discrimination?</h3>

Discrimination is the practice of treating someone unfairly based on the groups, classes, or other categories to which they nominally or tacitly belong. Due to a person's race, gender, age, religion, sexual orientation, or any other characteristic, they may be treated unfairly. Discrimination based on race and national origin is presently the most prevalent sort of prejudice.

Discrimination typically takes four different forms:

• Discrimination in the open. This entails treating one individual less favorably than another due to a protected feature.

• Unintentional discrimination

• Harassment

• Victimization

To know more about discrimination, visit:

brainly.com/question/14896067

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8 0
1 year ago
One of the most explosive areas of growth in recent years has been cellular phone networks
Firlakuza [10]
That is a true sentence.
4 0
3 years ago
Read 2 more answers
Chocolate Co. reports the following information from its sales budget: ​ Expected sales:
maksim [4K]

Answer:

The total amount of cash expected to be received from customers in September is: B. $ 108,000

Explanation:

The total amount of cash expected to be received from customers in September include the following :

  1. <em>Cash Sales in the month of September - 25 %</em>
  2. <em>Cash Receipts from Accounts for August Sales - 75 %</em>

<u>The Calculation of cash expected to be received from customers in September is as follows :</u>

Cash Sales - September = 120,000 × 25% =  30,000

Credit Sales - August = 104,000 × 75%      =   78,000

Total                                                              =  108,000

4 0
3 years ago
Which is the best option for people who need the items immediately but cannot pay cash now?
professor190 [17]
<h2>Answer</h2>

Buy on Credit

<h3>Explanation</h3>

When in a liquidity problem and items have to be bought, buying on credit seems to be the best option. Buying on credit allows immediate ownership of required items whereas the money can be paid later as per the credit policy and terms. This permits the consumer to take the advantage of item ownership with delayed payment hence double advantage.

7 0
3 years ago
Read 2 more answers
Sal contracts with Tasty Pizza Company to deliver its products. Later,both parties change their minds and decide to cancel their
goldenfox [79]

Answer:

.b.can agree to a new contract that includes the new price

Explanation:

When Sal and Tasty agreed to cancel their first contract, that was the end of that particular contract. No further negotiations can take place because the contract doe not exist. By calling Tasty the following day, Sal was initiating a new contract.

A  new contract does not need to make any references to the canceled contract. Sal and Tasty are free to negotiate for new terms and negotiations since this is a new contract. The details of the canceled contract are no longer binding to them.

5 0
3 years ago
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