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Katarina [22]
4 years ago
6

Since the politicians are unwilling to get rid of the rent controls, they offer you a list of suggestions to make housing more a

ffordable: 1. Government provided housing 2. Tax deductions to renters 3. Tax breaks to construction companies who provide affordable housing. Explain the costs and benefits of each and which option would you suggest?
Business
1 answer:
nika2105 [10]4 years ago
6 0
<span>For statement 1; Government provided housing, this may be costly but the way that the people are provided with houses can decrease the number of homeless people. For statement 2; Tax deductions to renters, this has been going on for thousand years, taxes are used to provide services to people if the government properly used it. For statement 3; Tax breaks to construction companies who provide affordable housing, this is common to developers who intend to maximize their profit and the available area for people whose income is not that high. I would suggest statement 3.</span>
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I think it’s a loss of $1,000. To be honest I don’t believe the Math adds up to be any of the answers.

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2 years ago
Tom’s Tax Services is a small accounting firm that offers tax services to small businesses and individuals. A local store owner
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Answer:

It would need to charge at least 66,960 to break even.

But it should offer his normal fee

Explanation:

Sales revenue 736,000

Cost Labor      (466,000)

Lease                 (49,300)

Rent                   (42,400)

Supplies            (32,300)

Tom salary     <u>    (73,500)  </u>

Operating profit 50,500

increase in labor cost 58,800

increase in lease           4,930

supplies increase          3,230

the rent is a fixed cost, it would not change.

Total incremental cost: 66,960‬

It would need to charge at least 66,960 to break even.

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3 years ago
Which of the following factors has been shown to be a cause of HIGH levels of absenteeism in a firm?
hram777 [196]

Answer:

d. Work-life balance issues

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Answer:

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The company must ensure that the customer has sufficient valuation so that the customer is able to pay back the credit to the company. This is what the auditor tests.

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4 years ago
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