Answer:
Advantages of Direct Taxes.....
:) Promotes equality. ...
:) Promotes certainty. ...
:) Promotes elasticity. ...
:) Saves time and money.
Explanation:
hope it was helpful....
Answer:
a. 4 days reduced
Explanation:
Calculation for How much is the change in the ACP
First step is to calculate New Collection Period
New Collection Period =( 60% * 15 Days) + (40% * 30 Days )
New Collection Period=9 Days+12 Days
New Collection Period= 21 Days
Last step is to calculate Change in ACP using this formula
Change in ACP =Current Average Collection Period -New Collection Period
Let plug in the formula
Change in ACP = 25 Days - 21 Days
Change in ACP= 4 Days (Reduced)
Therefore the change in the ACP will reduced by 4 days
Answer:
$16,000
Explanation:
Given:
Amount receives from disability policy = $16,000
John's employer paid = 100%
Amount include in income = ?
Computation of amount include in income:
Amount include in income = Amount receives from disability policy × John's employer paid
Amount include in income = $16,000 × 100%
Amount include in income = $16,000
Note: Payments receives from the health insurance Policies are not included.
Sum of all costs to individuals in society, regardless of whether the costs are borne by those who produce the products or consume the product
Answer:
What is Money received regularly for work or through investments? Income
What is the term for an individual, who conceives of, establishes, operates, and the risks of a business?entrepreneur
What is a business cost that increases or decreases, such as labor? Variable cost
What is Money earned per hour, can include overtime?Wages
What is a business cost that remains the same, such as rent?Fixed cost
What are Usually given to full-time employees, can include health insurance, life in paid vacation? Benefits
What is money earned yearly (but usually paid weekly or monthly), can include bonuses?Salary
What is Total pay or earnings before any deductions have been taken?Gross income