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3 years ago

Governments may intervene in a market economy in order to

Business

2 answers:

Molodets [167]3 years ago

7 0

Answer:

D) All of the above

Ganezh [65]3 years ago

5 0

Answer:

The correct answer is letter "D": All of the above.

Explanation:

The government can intervene in a market economy due to several reasons: <em>to protect creators when plagiarism has been reported</em> (protection of copyrights), <em>when the market has failed to manage to produce the level of output desired because of massive competition</em> (correction of the market in front of externalities), <em>or when job opportunities and benefits are not being distributed equally</em> (distribution of income).

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Hank, a calendar-year taxpayer, uses the cash method of accounting for his sole proprietorship. In late December, he performed $

ICE Princess25 [194]

Answer:

Hank

a. After-tax income if bill is sent in December

= $30,000 * 0.68 (1 - 0.32) = $20,400

Return on investment of $20,400 * 1.01% = $20,604

b. if bill is sent in January

= $30,000 * 0.65 (1 - 0.35) = $19,500

c. Hank should send the bill in December.

d. with marginal tax rate = 24% next year, after-tax income

= $30,000 * 0.76 (1 - 0.24) = $22,800

e. He should send his bill in January.

Explanation:

a) Data:

Value of legal services for a client = $30,000

Marginal tax rate = 32% this year and 35% or 24% next year

After-tax rate of return = 12%

b) The after-tax income represents the amount of Hank's revenue that remains after tax has been deducted or paid. It is what belongs to Hank after the taxman has taken his cut.

7 0

2 years ago

just olya [345]

The fact that Costco opened three new stores to serve its customers exemplifies the growth strategy.

<h3 /><h3>What is the growth strategy?</h3>

It corresponds to an organizational plan that defines courses of action with the objective of reaching new markets and consumers. Some growth strategies are related to increasing market share, increasing investments and including benefits in the goods offered.

Therefore, a growth strategy when well implemented helps a company to create more value for the consumer, attracting and retaining them, in addition to becoming more competitive and positioned in the market.

Find out more about growth strategy on:

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6 0

1 year ago

Explain the importance of reconciling the bank at set dates

zmey [24]

Answer:

The goal of the bank reconciliation process is to find out if there are any differences between the two cash balances. ... A monthly reconciliation helps to catch and identify any unusual transactions that might be caused by fraud or accounting errors, especially if your business uses more than one bank account.

8 0

2 years ago

Products that are difficult to move out of a plant once they are manufactured, such as ocean-going vessels and room-sized murals

Lesechka [4]

Answer:

fixed-position

Explanation:

3 0

2 years ago

Sam Burke, CPA, finds a material error in his client's previously filed tax return and advises the client on how to correct it.

Anton [14]

Answer:

The answer is: C) Consider his continued association with the client.

Explanation:

The American Institute of Certified Public Accountants (AICPA) issues a professional conduct code that regulates their affiliates' activities. According to AICPA's Responsibilities and Public Interest principles, Sam should not continue to work with this client. Sam cannot maintain a professional conduct if he accepts that his client doesn't correct his prior mistakes. If those prior errors persist, then his job will be negatively affected and then it will his responsibility. Accounting is not something static that begins and ends in one period, past records affect present and future records.

5 0

3 years ago