Answer:
b) The progressive income tax system
Explanation:
The tax is compulsory contribution levied by the authority in a territory on goods, services, income and profit.
Proportional income tax :Income tax is said to be proportional where the same tax rate is paid by all irrespective of their income bracket.
A progressive income tax is that where the tax rate becomes higher for those income earners in the high income bracket. The tax rates on every dollar earned becomes higher with increase in income.
The regressive income tax is where a lower percentage is paid as tax as the income income increases. Lower rate is paid on additional dollar earned.
The scenario in the question falls under the concept of progressive income tax system
The most impact this business move would cause are that restaurants close to the office building may close due to lack of customers and people would move out of Connecticut causing a housing market issue with too many homes for sale.
<h3>
What are the consequences of moving a business?</h3>
The closing of a business in a city or state is fraught with difficulties. The local community will be most impacted by the company's shutdown or transfer. While the government and the community have benefited from the corporation for more than a century, it is leaving a void in society. The neighborhood will be impacted because individuals will leave Connecticut, which will result in a housing market problem with too many homes for sale. Restaurants might possibly close because the move will result in a major drop in patronage given the already precarious state of the economy.
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I believe the question you asked is incomplete and wanted an answer for this question:
"This year Aetna announced it was moving out of Hartford, Connecticut, where it had held it headquarters for over 100 years. The announcement sent shockwaves through an already economically challenged state. How would Aetna leaving have an impact on the local community?
a. Restaurants close to the office building may close due to lack of customers.
b. Courses in insurance adjustment would no longer be offered at the community college.
c. People would move out of Connecticut causing a housing market issue with too many homes for sale
d. Employees would no longer exercise at the local park
e. There would be vacant office buildings with no property taxes being paid."
Hey there,
Answer:
<span>Lack of business acumen in addition to strategic talents.
</span>
Hope this helps :D
<em>~Top♥</em>
Answer:
Total= 13,800 units
Explanation:
Giving the following information:
Quarter 1: 15,000 units
Quarter 2: 13,000
Quarter 3: 17,000
Company policy is to have a target finished-goods inventory at the end of each quarter equal to 20 % of the next quarter's sales.
2nd Quarter production:
Sales= 13,000
Ending balance= 17,000*0.20= 3,400
Beginning balance= 13,000*0.2= (2,600)
Total= 13,800 units
Answer:
a. full faith and credit of Toga County Corporation
Explanation:
Since these bonds are debentures ( i.e bonds issued by public companies to raise money from the market), they are backed solely by the full faith and credit of the Toga County Corporation. So there is no property backing these bonds.
