Answer: Progressive tax policy
Explanation: In a progressive tax policy the rate of tax increases with the amount of taxable income, thus, making it possible to tax the people with higher income high tax and the lower section of the society a low level of tax.
The concept of progressive tax policy is based on the concept of ability to pay and not necessity to pay.
Thus, from the above we can conclude that right option is A.
Answer:
Date Account Titles and Explanation Debit Credit
1-Nov Cash Dividends $42,000
(8,400 shares x $5)
Dividends Payable $42,000
(To record dividends payable)
1-Dec No entry on this date
31-Dec Dividends Payable $42,000
Cash $42,000
(To record payment of cash dividend)
<span>Value web model consists of information systems that enhance competitiveness at the industry level by promoting the use of standards and industry-wide consortia, and by enabling businesses to work more efficiently with their value partners.</span>
Answer:
I have no clue tbh lol they think they are the boss of us
Answer:
Cash Flow Probability Expected value
$3,840 0.4 $1,536
$5,280 0.2 $1,056
$8,110 0.3 $2,433
<u>$10,370 0.1 $1,307</u>
total 1 $6,332
a) the expected value of each yearly cash flow is $6,332
b) the present value of the expected cash flows = $6,332 x 3.5172 (PV annuity factor, 13%, 5 periods) = $22,270.91 ≈ $22,271
the NPV = -$24,500 + $22,271 = -$2,229
c) Debby should not buy the equipment since the project's NPV is negative.
