Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
b. Fraud
Explanation:
The fraud is the wrongful act done by a person to gain a personal or financial profit. It is to be done intentionally.
Since in the given situation, the city intentionally mislabels its packaged products to hide a defect and after buying the product the dora suffers an injury
So in this case the city slick is liable for fraud as the company do this thing intentionally to generate a high profit
The word that best describes the effects of income taxes as the income increases is regressive.
A regressive tax unlike progressive tax in which rates increases as the payer's income increases, it increases as the payer's income decreases. examples of regressive taxes include sales taxes, user fees among others. Regressive describes a distribution effect on income or expenditure, referring to the way the rate progresses from high to low.
Answer and Explanation:
Different things being constant, a slowdown in population growth will lead to an increase in the availability of capital per worker and output per worker.
At the steady state, output per worker will grow at the rate of g while. Thus, steady state per person output growth will be same, however total output will increase at the rate n+g.
In case of transition between steady states, during the transition phase, output per worker will grow at a rate greater than g. Overtime in the long run with a fall in population growth, total output will fall while output per worker will increase.
Answer:
Total cash flow $54,613
Explanation:
The computation of the year 4 cash flow is given below:
Selling price of equipment $6,920
Book value at year 4 end $5,460
Capital gain $1,460
Tax on capital gain at 21% $306.6
So, net cash flow from the sale of equipment
= $6,920 - $307
= $6,613
Now year 4 cash flow is
Annual operating cash flow $42,000
Release of working capital $6,000
Net cash flow form sale of equipment $6,613
Total cash flow $54,613
