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Irina18 [472]
3 years ago
5

In a progressive tax system, who pays a greater proportion of their income in taxes?

Business
1 answer:
Nikolay [14]3 years ago
8 0
C. Those who have the most deductions
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Holtzman Clothiers's stock currently sells for $31.00 a share. It just paid a dividend of $1.00 a share (i.e., D0 = $1.00). The
Llana [10]

Answer:

1. Year 1 expected value = $32.24

2. Required rate of return = 7.35%

Explanation:

1. For computing the stock price which is expected 1 year from now is shown below:

= Current Price × (1+rate)^number of years

= $31 × (1+0.04)^1

= $31 × 1.04

= $32.24

Hence, the expected 1 year value of stock price is $32.24

2. The required rate of return is computed by using an formula which is shown below:

= (Current Year dividend ÷ Current stock price)+ growth rate

where,

current year dividend is = D1

And, D1 = DO × (1+g)

where,

DO = previous dividend share

g = growth rate

So, $1 × (1+0.04)

= $1 × 1.04

= $1.04

Now apply these values to the above formula

So, required rate of return is equals to

= ($1.04 ÷ $31) + 0.04

= 7.35%

Hence, the required rate of return is 7.35%

5 0
3 years ago
Once a person has been trained to operate a lift truck, they are authorized to use any type of lifting device
Dahasolnce [82]

 

The answer is FALSE; an operator is only trained to operate a narrow aisle lift truck which is indicated on the permit of OSHA that has very clear standards that employees must follow. If an operator is in need to operate a lifting device with a larger capacity or a different kind of a lifting device, an operator will need conversion training with the class of lifting truck. <span>It is not allowed to operate any lifting truck without proper training, authorized and employer certified on the specific class of lift truck. Once an operator is certified, he is responsible for the following safety procedures outlined in the training, truck manufacturers owner, operator’s manual, and company’s policies and procedures. The employer is intended to certify that each operator has been qualified and assessed as compulsory. Preceding to the employer verifying the operator: the operator must obtain classroom type training, hands on training and an assessment.  </span>

3 0
2 years ago
On January 1, 2021, G Corporation agreed to grant all its employees two weeks paid vacation each year, with the stipulation that
podryga [215]

Answer:

$27,720

Explanation:

Calculation for the amount of G's 2022 salaries expense related to 2021 vacation time

First step is to find the Total salary expenses

G's employees earned average of $720 per week

Total vacation week in 2021 were not taken 550 week

Hence,

Total salary expense of G corporation = $720 per week × 550

Total salary expenses = $396,000

Second step is to calculate the salaries expense amount related to 2021 vacation time

Using this formula

Salaries Expense of G's 2022 = Total salary expenses × Wage rate

Let plug in the formula

Salaries Expense of G's 2022 = $396,000 × 7%

Salaries Expense of G's 2022

The amount of G's 2022 salaries expense = $27,720

Therefore the amount of G's 2022 salaries expense related to 2021 vacation time will be $27,720

3 0
3 years ago
What entry is made to establish a petty cash book?
ollegr [7]
Someone must write a check
8 0
3 years ago
Read 2 more answers
Name the currency that is used by 19 member states and 330 million people, though some politicians and economists are calling fo
xeze [42]
The answer to the question mentioned above is "the Euro".

Euro is the name of the currency that is used and by 19 members states and 330 million people, though some politicians and economist are calling for its retirement. This is the official currency of the Eurozone.
8 0
3 years ago
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