1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zheka24 [161]
3 years ago
12

Senator Brown wants to increase taxes on people with high incomes and use the money to help the poor. Senator Johnson argues tha

t such a tax will discourage successful people from working and will therefore make society worse off. An economist would say that Select one:
a. we should agree with Senator Brown.
b. there are no trade-offs between equity and efficiency.
c. a good decision requires that we recognise both viewpoints.
d. we should agree with Senator Johnson
Business
1 answer:
gtnhenbr [62]3 years ago
8 0

Answer:

a good decision requires that we recognise both viewpoints. 

Explanation:

Both viewpoints needs to be analysed maximally to make a good decision.

You might be interested in
When a firm advertises that it only uses recycled paper products it is ________. meeting its legal obligations meeting its socia
yulyashka [42]
I believe the answer is: <span>Socially responsible
</span><span>Socially responsible companies are the type of company that not only focus on profitability but also contributed things for the benefit of the society where they operated.
To be </span><span>Socially responsible, companies could do several things such as: taking care of the environment, run an  honest practice, contribute to charities, etc.</span>
6 0
3 years ago
Dextra Computing sells merchandise for $15,000 cash on September 30 (cost of merchandise is $12,000). The sales tax law requires
Nitella [24]

Answer and Explanation:

The journal entries are shown below:

1. On Sep 30

Cash    $15750

   To Sales   $15,000

   To Sales taxes payable ($15000 ×5%)  $750

(Being the cash receipts is recorded)

For recording this we debited the cash as it increased the assets and credited the sales and sales tax payable as it increased the revenue and liabilities

2   On Sep 30

Cost of goods sold   $12,000

              To Merchandise inventory $12,000

(Being the cost of goods sold is recorded)

For recording this we debited the cost of goods sold as it increased the expenses and credited the merchandise inventory as it reduced the assets

3  On Oct 15

Sales taxes payable $750

      To Cash $750

(Being cash paid is recorded)

For recording this we debited the sales tax payable as it reduced the liabilities and credited the cash as it decreased the assets

5 0
4 years ago
. Dallas Wildcat Drilling Co. sells an oil-drilling rig for $3,000,000. The drilling rig was purchased in 2013 for $2,000,000. D
olga2289 [7]

Answer:

$2,200,000 gain

Explanation:

When the amount received from the disposal of an asset is lower than the carrying or net book value (NBV) of the asset, the company makes a loss on disposal otherwise, the company makes a gain on disposal.

The carrying amount of the asset is the difference between the asset's cost and accumulated depreciation as at the date of disposal.

Asset NBV = $2,000,000 - $1,200,000

= $800,000

Gain/(loss) on disposal = $3,000,000 - $800,000

= $2,200,000

5 0
3 years ago
What is the business importance of managing the quality of business processes? Describe two methods of quality management.
Ratling [72]

Answer:

2 methods are LEAN and Kaizen

Explanation:

The value of quality management is to help businesses enhance the dependability, longevity and quality of their goods. Such variables distinguish a company from its rivals. Quality products equal more satisfied customers and more income.

Lean is a very diverse management technique. Lean most often uses the term theory to be embraced by the company (business). Lean is based on a number of fundamental principles. It is essentially the organization's attempt to improve constantly in all aspects and prevent unnecessary waste.

Kaizen is an development process centered on Japanese cultural heritage. The focus of the enhancement is to progressively optimize methods and working practices, improving quality and reduce scrap, save resources and time to reduce costs, increase workplace safety and reduce working-place hazards.

6 0
3 years ago
Read 2 more answers
Every 6 months, Leo Perez takes an inventory of the consumer debts he has outstanding. His latest tally shows that he still owes
Svetradugi [14.3K]

Answer:

The answer is "87%".

Explanation:

Please find the attached file.

6 0
3 years ago
Other questions:
  • Financial educators often recommend that individuals should:
    8·1 answer
  • An independent study commissioned by the stadium showed that running a cable tv ad 5 times daily for a week generated 1,200 tick
    12·2 answers
  • Beyer Company is considering the purchase of an asset for $180,000. It is expected to produce the following net cash flows. The
    6·1 answer
  • An investment offers a total return of 13.8 percent over the coming year. You believe the total real return will be only 9.4 per
    10·1 answer
  • Colombia has an absolute advantage in producing coffee relative to the United States.
    5·1 answer
  • Given the following selected information on McMillen's Chocolate, Inc., calculate Cash Flow from Operating Activities for 2012.
    13·1 answer
  • The following information was obtained for the grinding department of Harlan Company for May:
    6·1 answer
  • Suppose that today you buy a bond with an annual coupon rate of 10 percent for $1,120. The bond has 17 years to maturity. What r
    5·1 answer
  • Please help me. I will mark you as brainliest !!
    11·1 answer
  • while calculating the coefficient of correlation between two variables x and y, the following results were obtained: n=25,
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!