Something that people put money into hopes of making more money is called investment. In Oxford dictionary, it is the process of investing money for profit or material support.
I think the answer would be data mining. It is the use of a variety of statistical analysis tools in marketing research to uncover previously unknown patterns in data or relationships among variables. It is a process of making patterns from a large data by use of different methods. Hope this helps.
The Laffer curve shows that at some specific tax rate, tax revenue is maximized.
The Laffer Curve theory was developed by Arthur Laffer in 1974.
The curve shows the relationship between tax rates and tax revenue. According to this theory, higher income tax rate diminishes the desire of labour to work and invest. This is because higher income increases the amount of tax to be paid. This means that at some point, increase in the tax rate would decrease government revenue rather than increase it.
The theory submits that there is an optimal tax rate at which tax income is maximised. Once this point is exceeded, increase in tax rate would reduce the revenue earned by the government.
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Answer:
3.82 times
Explanation:
The computation of times interest earned ratio is shown below:-
Bond Interest charges Earned = Bond Value × Interest Rate
= $1,459,536 × 8%
= $116,762.88
Net Income before Interest = Net Income Income Before Interest + Interest
= $328,796 + $116,762.88
= $445,558.88
Number of times bond interest charges were earned = Net Income before Interest and taxes ÷ Interest charges
= $445,558.88 ÷ $116,762.88
= 3.82 times