1. If I am in charge of developing a tax system for my country, I will structure the tax rate in such a way that, the rich will pay a higher percentage of tax than the poor. This type of tax system is called progressive tax. The income tax for instance will be based on the amount of income that each person earns, thus, those earning higher incomes will pay more tax than those earning lower incomes. Thus, the rich will always pay the greater percentage of taxes.
2. Tax payments should be used for the following:
a. To fund health programs.
b. To fund national defense and security programs.
c. To fund social security programs.
d. To pay interests on national debts.
e. To pay war veterans.
f. To fund educational program.
g. To fund assistance agricultural programs.
Answer:
Results are below.
Explanation:
Giving the following information:
Sales $382,500 (units 5,100 $75 per unit)
variable costs $245,000 (48.04 per unit)
fixed costs $98,000.
Option 1:
Increase selling price by 16%.
New selling price= 75*1.16= 87
Sales= 5,100*87= 443,700
variable costs= (245,000)
fixed costs= (98,000)
Net income= 100,700
2. Reduce variable costs to 59% of sales.
Contribution margin= (382,500*0.41)= 156,825
fixed costs= (98,000)
Net income= 58,825
T<u>he most profitable option is the first one.</u>
<u>Answer:
</u>
The term physical hazard best describes the oily rags.
<u>Explanation:
</u>
- The example narrated in the question statement is associated with hazardous environmental pollution due to a specific kind of waste that is in physical form that bears the potential of causing health issues.
- The scattering of oil rags left by the employees over the place of work would turn the place unhygienic and unfit for work.
- Hence, the term 'physical hazard' is used for oily rags.
Answer:
Explanation:
GDP is gross domestic product and NDP is net domestic product.
GDP measures market value of total goods and services produced in a particular period of time.
NDP is net domestic product . In its calculation, we deduct the value of depreciation of capital goods produced from the value of GDP.
So
NDP = GDP - depreciation .
So growing gap between GDP and NDP reflects the increasing obsolescence of capital goods , which warrants replacement of capital goods .
OPTION A is correct.
Answer:
Market value; real assets; shareholders; dividend; financial assets; real assets; expected return; higher; opportunity cost of capital.
Explanation:
Shareholders want managers to maximize the market value of their investments. The firm faces a trade-off. Either it can invest its cash in real assets or it can give the cash back to shareholders in the form of a dividend and they can invest it in financial assets. Shareholders want the company to invest in real assets only if the expected return is higher than they could earn for themselves. The return that shareholders could earn for themselves is therefore the opportunity cost of capital for the firm.
A shareholder can be defined as an individual or organization who has a stock in a particular company through the purchase of such stocks.
Generally, all shareholders are interested in making profits and increasing the market value of their investments.
