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mihalych1998 [28]
3 years ago
6

Is a flat tax a proportional tax? a. Yes c. It depends on the level of income. b. No d. Only if it adds value to the products at

each stage of production.
Business
1 answer:
Tanya [424]3 years ago
4 0

Answer:

a. Yes

Explanation:

A flat tax charges the same flat rate for people in certain income brackets, so the amount charged is proportional to earnings based on which bracket you fall under.

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Is bussines studies hard? ​
alexdok [17]

Answer:

No

Explanation:

I took it last year

6 0
3 years ago
Read 2 more answers
Below is budgeted production and sales information for Flushing Company for the month of December: Product XXX Product ZZZ Estim
Naily [24]

Answer:

Production Budget  for Product XXX is    514,400  (units)

Production Budget  for Product ZZZ is  392,200  (units)  

Explanation:

To Calculate the production Budget we use the formula

Sales + desired Ending Inventory - Opening Inventory= Budgeted Production.

Flushing Company

Production Budget

For the month of December

                                                    Product XXX        

                                                              units                                

Region I, anticipated sales                   320,000            

Region II, anticipated sales                  189,000

Total Sales for Product XXX                509,000

Add Desired ending inventory              34,100  

<u>Less Estimated beginning inventory    28,700   </u>          

<u>Production Budget (units)                      514,400 </u><u>  </u>                          

Flushing Company

Production Budget

For the month of December

                                                         Product ZZZ

                                                                 units

Region I, anticipated sales                  250,000  

Region II, anticipated sales                  147,000

Total Sales for Product ZZZ                397,000

Add Desired ending inventory               14,500

<u>Less Estimated beginning inventory      19,300  </u>

<u>Production Budget (units)                     392,200   </u><u>    </u>              

4 0
3 years ago
The name given to the fraction of deposits that a bank is legally required to hold in its vault, or as deposits at the fed, is _
r-ruslan [8.4K]
The answer to this question is the "REQUIRED RESERVE RATIO", it is the name given to the fraction of deposits that a bank is legally required to hold in its vault or as deposits at the fed. As per law and based on the checking account deposits, there is required reserve that a bank is legally authorized to hold.
7 0
3 years ago
The city of Tustin, California, has spent $10 million on a project to build a new community college. It will cost the city $40 m
Irina18 [472]

Answer:

The correct answer is A

Explanation:

Sunk cost is the cost which is incurred by an entity and that can no longer be recovered. It is that cost which is not considered when making the decision to continue investing in the online project as it cannot be recovered.

In this case, city of Tustin incurred $10 million on the project for building a new community college and further it require $40 million to finish the project. The economist told the city council to ignore $10 million because it is a sunk cost which cannot be recovered.

5 0
3 years ago
Southwest Milling Co. purchased a front-end loader to move stacks of lumber. The loader had a list price of $118,660. The seller
natulia [17]

Answer:

$117,417

Explanation:

Calculation to Determine the amount to be capitalized in the asset account

Costs that are to be capitalized:

List price $118,660

Less: Discount ($5,043)

($118,660*4.25%)

Freight cost $2,640

Specialist fee $1,160

Total costs $117,417

Therefore the amount to be capitalized in the asset account will be $117,417

7 0
3 years ago
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