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Georgia [21]
3 years ago
10

What type of tax system does the United States have

Business
2 answers:
Aleksandr-060686 [28]3 years ago
5 0
The overall system<span> of </span>taxation<span> in the </span>United States<span> is progressive. </span>
PSYCHO15rus [73]3 years ago
5 0
The overall system of taxation in the United States is progressive. By a progressive tax system, we mean that the percentage of income an individual pays in taxes tends to increase with increasing income. Not only do those with higher incomes pay more in total taxes, they pay a higher rate of taxes.
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List online activities you can participate in to stack search results of your professional name for potential employers.
finlep [7]

Explanation:

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8 0
3 years ago
Read 2 more answers
An investor deposits 50 in an investment account on January 1. The following summarizes the activity in the account during the y
ANTONII [103]

Answer:

236.25

Explanation:

Calculation to determine X

First step is to calculate the 6 months Yield

6 month Yield=(40/40+20) (80/40+20) (157.60/80+80)+1)

6 month Yield=(40/60) (80/60) (157.60/160)-1

6 month Yield=5%

Second step is to calculate the Annual equivalent

Annual equivalent=(1.05)^2-1

Annual equivalent=10.25%

Third step is to calculate the 1 year yield

1 year yield=(40/50) (80/40+20) (175/80+80) (x/175+75)

1 year yield=(40/50) (80/60) (175/160) (x/250)-1

1 year yield=0.1025

Now Let calculate X

x(0.004667)=1+.1025

x(0.004667)=1.1025

x=1.1025/0.004667

x=236.25

Therefore X is 236.25

7 0
3 years ago
Why do gas prices rise following a hurrincane?
Roman55 [17]

They usually rise because more people are evacuating the area and a lot of people need gas so gas companies take advantage of this and raise their gas price so they can make a profit off the hurricane.

3 0
3 years ago
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If a 30% acquisition is made at a price above book value due to an undervalued patent and the investor has significant influence
erma4kov [3.2K]

Answer:

A. The Equity Investment account balance will equal 30% of investee's stockholders' equity at date of acquisition, plus the unamortized cost of the patent.

7 0
3 years ago
An allocation base that causes overhead costs to be incurred is called a(n):
barxatty [35]
It is called A COST DRIVER. A cost driver refers to any factor that causes a change in the cost of an activity. Cost driver is used to assign overhead costs to the quantity of a particular goods that is manufactured. Example of a cost driver is direct labour hours input into a production operation. 
7 0
3 years ago
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