What??
there’s no question
This is a quote taken from To Kill a Mocking Bird. Dolphus wanted Scout to understand the situation by looking stepping back and be able to see a better picture of the town. Scout was still young and immature to know about the situation.
The applicable formula is;
A = P(1-r)^n
Where;
A = Final purchasing power
P = Current purchasing power
r = inflation
n = Number of years when P changes to A
Confirming the first claim:
A = 1/2P (to be confirmed)
P = $3
r = 7% = 0.07
n = 10.25 years
Using the formula;
A = 3(1-0.07)^10.25 = 3(0.475) ≈ 3(0.5) = $1.5
And therefore, A = 1/2P after 10.25 years.
Now, give;
P = $9
A = 1/4P = $9/4 = $2.25
r = 6.5% = 0.065
n = ? (nearest year).
Substituting;
2.25 = 9(1-0.065)^n
2.25/9 = (1-0.065)^n
0.25 = (1-0.065)^n
ln (0.25)= n ln(1-0.065)
-1.3863 = -0.0672n
n = (-1.3863)/(-0.0672) = 20.63 years
To nearest year;
n = 21 years
Therefore, it would take approximately 21 years fro purchasing power to reduce by 4. That is, from $9 to $2.25.
The correct alternative regarding tax revenue:
<u>B-Personal income tax is currently the largest source of government revenue in South Africa.</u>
<u>Direct </u><u>Taxes</u>
- it is levied on earnings and activities conducted.
- the burden of tax cannot be shifted in case of direct tax.
- it is paid directly by individual concerned.
- it is paid after the income reaches in the hands of the taxpayer
- Tax collection is difficult.
- instance income tax, wealth tax etc.
<u>Indirect </u><u>Taxes</u>
- it is levied on product or services.
- the burden of tax shifted for indirect taxes
- It is paid by way of one man or woman however he recovers the same from another person i.e. person who actually bear the tax ultimate consumer.
- it is paid before goods/service reaches the taxpayer.
- Tax collection is exceptionally easier
- Example GST, excise duty custom duty sale tax carrier tax
Learn more about Tax brainly.com/question/16423331
#SPJ9
Answer:
The correct answer is: supply chain management.
Explanation:
Supply chain management is the cumulative network of people, entities, activities, information, and resources involved in moving raw materials, components and finished products from original suppliers to end-users. Supply chain management is crucial for most companies and can involve hundreds of links at large corporations, thus it requires considerable skill and expertise.