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3 years ago

A progressive tax is such that

Business

1 answer:

Nastasia [14]3 years ago

7 0

Answer:

1. True. The tax rates are higher, the greater one's income

Explanation:

1. True. Progressive tax is defined as a tax whose rate increases as the payer's disposable income increases. The implication is that ,individuals who earn high incomes have a greater proportion of their incomes taken to pay tax.

A perfect example of progressive tax is income tax whose rate is tied directly to personal income income.

2. False. The rate increases as the disposable income of the tax payer increases under progressive tax

3.False. Entrepreneurial income will be taxed after adjusting for allowobale and non-allowable income and expenses and relevant loss relief.

4. False. The revenue realised from progressive taxes are utilized by the government as stipulated in the budget.

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Industry value chains Multiple choice question. generally have little effect on the company's cost competitiveness and customer

uysha [10]

Answer:

include both suppliers and forward channel partners.

Explanation:

An industry value chain can be defined as a physical representation of all of the activities and processes undertaken by a company or business firm for the manufacturing of goods and services, especially starting with the purchase of raw materials, manufacturing of finished goods and then ending with the delivery of the finished goods (products) to the market and consumers through a supply chain.

This ultimately implies that, industry value chains include both suppliers and forward channel partners.

In conclusion, an industry value chain should comprise of the margins of suppliers, value-creating activities and processes, costs, and forward channel partners.

6 0

3 years ago

What is the impact of war in international trade

Bezzdna [24]

The impact of war in international trade includes:

restriction of goods to the countries
conflict leading to non-agreement on trade
low or no trade relationship between countries.

<h3>What is an international trade?</h3>

This refers to the economic transactions that are made or took place between countries.

Hence, any military conflict impact on international trade by causing a restriction of goods to the countries, conflict leading to non-agreement on trade, low or no trade relationship between countries etc.

Read more about international trade

<em>brainly.com/question/15115779</em>

#SPJ1

8 0

2 years ago

Owners of a local restaurant are concerned about their ability to provide quality service as they continue to grow and attract m

andrew-mc [135]

B is the correct answer hope that helped love

3 0

3 years ago

The revenues and expenses of Zenith Travel Service for the year ended August 31, 20Y4, follow:

Alisiya [41]

Answer:

Zenith Travel Service

Statement of Owner's Equity for the year ended August 31, 20Y4:

Capital as of September 1, 20Y3 = $456,000

Additional investment 43,200

Retained Earnings (8,400)

Drawings (21,600)

Capital as of August 31, 20Y4 $469,200

Explanation:

a) Data and Calculations:

Additional investment = $43,200

Personal withdrawal = $21,600

Income Statement for the year ended August 31, 20Y4:

Fees earned $899,600

Office expense 353,800

Miscellaneous expense 14,400

Wages expense 539,800 908,000

Net income/Retained earnings ($8,400)

b) Zenith's statement of owner's equity is a financial statement that reports the changes in the equity section of Zenith's balance sheet during the year ended August 31, 20Y4. In other words, it reports the events that increased or decreased Megan Cox's equity over the course of the year from September 1, 20Y3 to August 31, 20Y4.

8 0

3 years ago

A major contribution of the Miller model is that it demonstrates, other things held constant, that ____

deff fn [24]

Answer: The correct answer is "personal taxes lower the value of using corporate debt".

Explanation: A major contribution of the Miller model is that it demonstrates, other things held constant, that: <u>personal taxes lower the value of using corporate debt.</u>

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8 0

3 years ago