1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alina1380 [7]
3 years ago
5

Which describes a type of tax that people pay on money they earn?

Business
2 answers:
vodka [1.7K]3 years ago
5 0

Answer:

income tax

Explanation:

garri49 [273]3 years ago
4 0

There are multiple, but the main one would be income tax, because the government will take money from your paycheck, which is money you earn, hope this helps!

You might be interested in
Casey Nelson is a divisional manager for Pigeon Company. His annual pay raises are largely determined by his division’s return o
baherus [9]

Answer:

NPV: $180,285.49

IRR: 21.336%

simple rate of return: 72.13%

Explanation:

6,100,000 investment

contribution margin 3,000,000

fixed expense:       <u>     900,000  </u>

EBITA                         2,100,000

We will calculate the NPV without the depreciation, as the depreciation is the distribution of the investment cost over the project life.

If we include the depreciation we will be counting the investment amount twice. Entirely at Time 0  and then subtracting on each cash inflow.

We will calculate the NPV at 20% as is the company's discount rate. Even if the current division returns are in 24% as the company accepts project which yields 20%.

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 2,100,000

time 5 years

rate 20% = 20/100 = 0.2

2100000 \times \frac{1-(1+0.2)^{-5} }{0.2} = PV\\

PV $6,280,285.49

NPV = PV of cash inflow - investment

6,280,285.49 - 6,100,000 = 180,285.49

<u>the IRR:</u>

The internal rate of return is the rate at which the NPV of a priject is zero.

We calculate this using excel formula IRR

or a financial calculator

it could also be done with trial and error using the PV tables.

<u>I will explain you in Excel</u>

FIrst, you write the inflow and outflow per year:

-6,100,000

2,100,000

2,100,000

2,100,000

2,100,000

2,100,000

then we write on another cell:

=IRR(

then, select the cells

and press enter

21.336%

<u>the simple rate of return:</u>

(total return - investment) / investment

(2,100,000 x 5 - 6,100,000) / 6,100,000 =

4,400,000 / 6,100,000 = 0.721311475 = 72.13%

7 0
3 years ago
In A competitive balance sheet,the ending cash was315000 in 2011 and270000 in 2012 the net increase or decrease is:
tensa zangetsu [6.8K]
Based solely on the ending cash b as landed amount provided, it a year over year decrease of 45,000.
3 0
3 years ago
Hanover, inc. purchased land through the issuance of long-term bonds. how is this reported on the statement of cash flows?
avanturin [10]
The purchase of land by Hanover, Inc. through the issuance of long term bonds should be reported on the statement of cash flows as
significant non cash investing and financing activity that merits disclosure.
5 0
3 years ago
Cities are municipal corporations that operate under _______ from the state.
Soloha48 [4]
Cities are municipal corporations that operate under C. Charters from the state.
3 0
3 years ago
Read 2 more answers
The following are methods of exchange EXCEPT
Dima020 [189]

Answer:

a bitcoin economy is the answer

6 0
2 years ago
Other questions:
  • What does a merchant wholesaler do?
    13·2 answers
  • Renata has a home loan for $150,000 at 7.5% interest for 30 years and her payment is $987.00 per month (including principal and
    6·1 answer
  • Choosing a differentiated targeting strategy has many​ benefits, but a potential downside is that​ __________.
    10·1 answer
  • For the Somerset Furniture Company described in Case Problem 10.1 in Chapter 10, determine the product lead time by developing a
    9·1 answer
  • What is licensure? I’m doing intro to business
    12·1 answer
  • The quantity demanded of a good is the amount that buyers are a. willing to purchase. b. willing and able to purchase. c. willin
    8·1 answer
  • Lomani Ltd acquired two new machines for cash on 1 January 2017. The cost of machine A was $400 000, plus GST, and of machine B,
    13·1 answer
  • How does PESTLE help your strategic development team?
    5·1 answer
  • You are evaluatig an equity investment in a public company called Corona Corp (ticker: COR). You expect the company will pay a $
    10·1 answer
  • Question 1 A business wants to evaluate their campaign, and specifically wants to look at how much net profit after investments
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!