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Elanso [62]
3 years ago
11

Some economists advocate a ____________ on the consumption of such products as gasoline, liquor, cigarettes, and even soda pop,

in the hope that consumers will think about how their purchases are having negative impacts on themselves and their environment.
Business
1 answer:
Eduardwww [97]3 years ago
4 0

Answer:

The correct answer is Sin tax.

Explanation:

A sin tax is a state-sponsored tax that is added to products or services that are considered vices, such as alcohol, tobacco and gambling. These types of taxes are collected by governments to deter individuals from participating in such activities without making the use of the products illegal. These taxes also constitute a source of revenue for the government.

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The following pension-related data pertain to Metro Recreation's noncontributory, defined benefit pension plan for 2018:
miss Akunina [59]

Answer:

Please see attached.

Explanation:

Prepare a pension spreadsheet that shows the relationship among the various pension balances, show the changes in those balances , and compute pension expense for 2018

Please see detailed solution to the above question.

7 0
2 years ago
Bohemian Manufacturing Company has the following end-of-year balance sheet:
soldi70 [24.7K]

Answer:

<h2>Bohemian Manufacturing Company</h2>

1. Increase in Assets:

d. $540,00

2. Spontaneous Liabilities:

d. $72,000

3. Given the preceding information, Bohemian Manufacturing Company is expected to generate__$318,458 income from operations that will be added to retained earnings from the total net income of $513,000 ($450,000 x 1.18).

4. According to the AFN equation and projections for Bohemian Manufacturing Company, the firm's AFN is $__149,542__.

Explanation:

Solution

1. Additional Funds Needed = Increase in Assets − Increase in Liabilities – Increase in Retained Earnings, according to xplaind.com.

a) Increase in Assets

= Assets × sales growth rate

= $3,000,000 × 18%

= $540,000

Spontaneous Increase in Liabilities

= Liabilities × sales growth rate

= $400,000 × 18%

= $72,000

Increase in Retained Earnings

= Current sales × profit margin × retention rate

= Current sales × (1 + sales growth rate) × profit margin × retention rate

= $13,000,000 × (1 + 18%) × 3.46% × 60% = $318,458

Additional Funds Needed

= $540,000 - $72,000 - $318,458

= $149,542

2. Data:

Bohemian Manufacturing Company

Balance Sheet

For the Year Ended on December 31

Assets Liabilities

Current Assets:                                   Current Liabilities:

Cash and equivalents $150,000      Accounts payable            $250,000

Accounts receivable     400,000      Accrued liabilities               150,000

Inventories                    350,000      Notes payable                    100,000

Total Current Assets $900,000       Total Current Liabilities $500,000

Net Fixed Assets:                               Long-Term Bonds         1,000,000

Net plant & equipment $2,100,000 Total Debt                    $1,500,000

                                                           Common Equity

                                                           Common stock               800,000

                                                           Retained earnings          700,000

                                                         Total Common Equity $1,500,000

Total Assets         $3,000,000   Total Liabilities & Equity $3,000,000

3. Current profit margin = Net Income/Sales x 100 = $450,000/$13,000,000 x 100 = 3.46%

4. Retention Rate = (1 - dividend payout ratio) = (1 - 40%) = 60%

5. AFN = Additional Funds Needed.  AFN is the financial resources obtained from external sources to finance the increase in assets which supports the increased sales level.  Note that "Bohemian Manufacturing Company's assets are fully utilized," so we do not envisage the acquisition of more fixed assets.  In view of this, the liabilities that are expected to increase are only the Accounts Payable and Accrued Liabilities, two vital sources of supply chain funding.

3 0
3 years ago
Suppose the money supply (as measured by checkable deposits) is currently $850 billion. The required reserve ratio is 20%. Banks
Dmitrij [34]
The proposal was incidental to a plan to require gold certificate reserves be kept behind Federal Reserve notes. No.
7 0
2 years ago
Insider trading is when people buy or sell stocks based on
stiv31 [10]

Answer:

B

Explanation:

Insider trading when you trade with non public information (you are an insider) and it can be illegal.

Wiki

Insider trading is the trading of a public company's stock or other securities based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make.

8 0
3 years ago
Read 2 more answers
When using a __________ strategy, there is no change in either the basic product line or the markets served. Instead, increased
Dima020 [189]

Answer: market development

Explanation: In simple words,market development refers to the strategy in which a firm tries to cover new market or increase its sales in the existing market through promotion or product development etc.

These strategies are usually used by the multinational corporations that are going to start their business in some new foreign country.

Hence from the above we can conclude that the correct option is B.

6 0
3 years ago
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