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Scorpion4ik [409]
3 years ago
11

Please help For what do governments use tax revenues?

Business
1 answer:
Irina18 [472]3 years ago
3 0

<u>Explanation:</u>

The revenue for the government is sourced through taxes. The government spends the tax money in three categories they are compulsory spending, discretionary spending and paying interest on the federal debt.

Mandatory spending by the government includes spending for medical aid, social security and other welfare programs such as unemployment, child nutrition programs, under privileged families etc. Discretionary spending is used for defense and non defense expenses. Non defense expenses are urban development. Veterans and students education are the other programs for which the government spends.

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Your firm needs a machine which costs $240,000, and requires $39,000 in maintenance for each year of its 7 year life. After 3 ye
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Answer:

The after tax salvage value would be of $18,681.6

Explanation:

In order to calculate the after tax salvage value we would have use and calculate the following formula:

After tax salvage value = selling price*(1-tax rate)+book value*tax rate

Book value = 8 year depreciation amount of 7 year MACR*purchase price

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The after tax salvage value would be of $18,681.6

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3 years ago
g According to the CAPM, what is the expected rate of return for a stock with a beta of 1.2. when the risk-free rate is 6% and t
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20.40%

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According to CAPM :

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3 years ago
chapter 9 technology methodical application of scientific knowledge for practical purposes invention product or process which ca
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Qualitative research relies on data obtained by researchers from direct observations, interviews, questionnaires, focus groups, participant observations, environmental records, documents, case studies, and artifacts. The data is usually not numeric.

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4 0
1 year ago
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The correct word for the blank space is: Sharecropper.

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4 0
3 years ago
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Mademuasel [1]
Business will be able to save the money they will recieve back from taxes.
5 0
3 years ago
Read 2 more answers
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