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
GenaCL600 [577]
3 years ago
9

T/F The general purpose of tax is to provide incentives that will stimulate and improve the economy

Business
1 answer:
JulijaS [17]3 years ago
5 0

Answer:

False

Explanation:

Because taxes are necessary to sustain public expenses, income distribution, seek greater efficiency of the economy and soften the crises.  Therefore, its general objective is not to create incentives.

You might be interested in
Operating Leverage Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $1,250,000 $2,000,00
Ivenika [448]

Answer:

1. a. For Beck Inc = $5

b. For Bryant Inc. = 2.5

2. For Beck Inc = $100,000

For Bryant Inc. = $150,000

Explanation:

The computation of given question is shown below:-

a. Operating leverage = Contribution ÷ Net income

For Beck Inc

= $500,000 ÷ $100,000

= $5

For Bryant Inc.

= $750,000 ÷ $300,000

= $2.5

2. Operating income = Current Earning before interest and tax × Percentage increase in profit

For computing the operating income first we need to compute the increase in profit.

Increase in profit =  Operating leverage × Percentage

For Beck Inc. = $5 × 20%

= 100%

now we put into formula

= $1,00,000 × 100.00%

= $100,000

For Bryant Inc. = $2.5 × 20%

= 50%

now we put into formula

= $3,00,000 × 50%

= $150,000

4 0
3 years ago
Which of the following is generally true about 401(k) and 403(b) retirement plans?
Triss [41]
They restrict when you can withdraw your money
6 0
3 years ago
Read 2 more answers
The U.S. Lacey Act prohibits U.S. businesses from importing products from other countries when those products are illegal in tha
dolphi86 [110]

Answer:

The correct answer is "Required to allow entry or can demand a search warrant and then must allow entry".

Explanation:

I had to look for the problem to know what is being asked and what the options are.

"The U.S. Fish & Wildlife Service arrived at Gibson Guitar headquarters and requested access to all of its records.

​Under federal law, Gibson is:"

Gibson can rely on federal law and apply for a search warrant from U.S. Fish and Wildlife Service officials so they can legally enter and inspect their facilities and records. The other option you have is to allow the officers to enter and hand over all permits and records in your domain.

Have a nice day!

3 0
3 years ago
When Steven askes questions in an open-minded way, he avoids:
Elenna [48]
Attacking someone else's opinion. I hope this helps!
3 0
3 years ago
Read 2 more answers
One key to effective implementation is setting: schedule of events milestones
san4es73 [151]
Is setting scheduled of events and milestones

Setting milestones alone is not enough in order to achieve effective implementation. You should also set aside a deadline to achieve your milestones so you can always keep track on your progress in achieving your Goals
8 0
3 years ago
Other questions:
  • If imports are $100 million less than exports, government expenditures are $500 million, consumer expenditures are $1 billion, a
    5·1 answer
  • Supply chain management is the set of approaches and techniques that firms employ to efficiently and effectively integrate their
    6·1 answer
  • As a junior congress person you have been asked to help promote a bill to allow casino gambling in your state. There is much opp
    7·1 answer
  • The Dean’s List is the only way students are honored for their academic achievements.
    12·1 answer
  • In cost-benefit analysis, the government should intervene as long as
    15·1 answer
  • A dynamic forecast of the incremental revenue from a tax rate increase ______.
    8·1 answer
  • Explain some of the reasons why developing countries have not realized a greater positive development impact from their higher e
    12·1 answer
  • A cover letter lists all of your previous employers. True False
    8·2 answers
  • Can someone please help me
    6·2 answers
  • To be successful, an entrepreneur must be willing to invest money, considerable effort, and .
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!