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3 years ago

What are the criteria for effective taxes?

Business

1 answer:

Alja [10]3 years ago

3 0

Answer:

The correct answer in a.

Explanation:

The criteria used to make taxes effective are simplicity, efficiency, and equity.

Equity: this concept speaks more than anything of what is fair. In tax matters, it would be serious that each person who pays taxes does so according to what corresponds to them. For example, a person who earns the minimum wage will contribute less than someone who owns companies and has a vast amount of property.

Efficiency: we speak of tax efficiency when it is possible to collect the largest amount of income at a lower cost or as low as possible by the people who contribute.

Simplicity: this section deals with the fact that taxes have to be easy for everyone to understand, that is to say, that anyone knows what tax they are paying in the concept of, for example, income taxes and the amount to be paid or the percentage depending on the amount.

Have a nice day!

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Sarasota Company has a factory machine with a book value of $86,300 and a remaining useful life of 7 years. It can be sold for $

RUDIKE [14]

Answer:

See the explanation for answer

Explanation:

Analysis showing whether the old machine should be retained or replaced is as prepared below:

Retain Replace Net Income

Equipment Equipment Increase(Decrease)

Variable manufacturing costs 43,63,100 32,32,600 11,30,500

New machine costs 0 3,59,000 -3,59,000

Sell old machine 0 -33,500 33,500

Total 43,63,100 35,58,100 8,05,000

The old factory machine should be replaced as there is increase in net income by 805,000 when old machine is replaced.

4 0

4 years ago

When a service organization provides services that affect the initiation, execution, processing, or reporting of a user company'

chubhunter [2.5K]

Those services are <span>considered to be part of the user company's information system.
The information system obviously provides relevant information about something - given that here services are given which may have an effect on the initiation, execution, processing, or reporting of a user company's transactions, they do belong to the information system of that company.

</span>

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4 years ago

which stage in a work-unit activity analysis focuses on the product, information, or service provided?

maria [59]

The stage in a work-unit activity analysis that focuses on the product, information, or service provided is the output phase, This is further explained below.

<h3>What is the output phase?</h3>

Generally, the output phase is simply defined as manufacturing or output in general.

In conclusion, The final deliverable is defined. The method of measuring the output is investigated.

Read more about the output phase,

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4 0

2 years ago

In which statement(s) are "demand" and "quantity demanded" used correctly? (I) "An increase in the price of tea will reduce the

ryzh [129]

Answer:

The correct answer is letter "A": in both statements I and II.

Explanation:

(I) According to the demand law, <em>if the price of tea increases the quantity demanded of tea will decrease</em>. If the price of tea decreases, the quantity demanded of tea will increase. Quantity demanded and the price has an inversely proportional relationship in the demand law.

(II) When talking about complementary goods like tea and sugar, <em>if the price of tea increases will result in a negative movement along the demand curve of tea and will cause the demand curve of sugar to move inwards. In such a scenario, the demand for each good will be reduced.</em>

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3 years ago

One year after graduating from college, sam earned $42,000. each year, he earned $4000 more. what function, written in sequence

Shalnov [3]

Sam has $42,000 one year after graduating. So when he graduates from college, he would have $38,000.

The answer would be:
an=4,000n+38,000

Hope this helps!

6 0

3 years ago