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3 years ago

Are sources of revenue for both federal and state governments. Individuals pay this tax from the money they

Business

1 answer:

marusya05 [52]3 years ago

8 0

Answer:

Personal income taxes

Explanation:

Personal income tax is imposed on salaries, wages, interests, and other income an individual earns throughout the year. The government of the country that the person earned their income imposes the tax. Income tax is levied on the income generated by a person or a business in a country.

Income tax is the most important source of revenue for governments. In almost all countries, the tax agencies employ a progressive system of determining the tax amount for each individual. A person with a high income pays higher taxes compared to the one with moderate earnings.

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If the average job performance rating of the new hires of a firm (PR) is 4.0 on a 5.0 scale, the percentage of new hires reachin

Kruka [31]

Answer:

The correct answer is c. 80%

Explanation:

How to calculate the quality of fill.

Quality of fill= (Job Performance + acceptable time frame + Engagement score)/N

Job Performance we use it en percentage , so is 80% (4.0/5.0)

Engagement score is the percentage of new hires retained after one year

Replacing,

Quality of fill= 0.8+0.7+0.9 /3= 0.8

8 0

3 years ago

Fido wants to buy a new car. He will need to get a car loan. Fido decides to wait for a few months until his credit history impr

Rom4ik [11]

your answer is: Fido's decision is sensible because the cost of the car loan should be less if his credit history improves.

4 0

4 years ago

Read 2 more answers

You would like to purchase one Class A share of Berkshire Hathaway through your Scottrade brokerage account. Scottrade charges a

Bumek [7]

Answer:

The current bid/ask spread for Berkshire Hathaway Class A shares is $935

Explanation:

The computation of the current bid/ask price is shown below:

The Current bid/ask price = Ask price - Bid price

= $263,810 - $262,875

= $935

The commission amount should be ignored in the computation part. Hence, it will not be considered as it is not relevant.

5 0

3 years ago

Uncertainties such as natural disasters are: Select one: a. Estimated liabilities because the amounts are uncertain. b. Not cont

Dovator [93]

Answer:

d. Disclosed because of their usefulness to financial statements.

Explanation:

A liability is a present obligation (Legal or Constructive) of an Entity that arises as a result of a past event and the settlement of which will result from an out flow of cash from the entity.

One class of Liability that relate to the case is a Provision.A provision is a liability whose amount can be determined with certainty.

A liability whose amount can not be determined with certainty is known as a Contingent liability.A contingent liability is not presented in the financial statements but is only disclosed in the Financial Statements.

6 0

3 years ago

The price of good X increases from $55 to $60, and quantity demanded decreases from 500 to 400. The price of good Y increases fr

nikklg [1K]

Answer:

demand curve for Good X is more elastic than the demand curve for Good Y

Demand for good X is elastic because the coefficient of elasticity is greater than 1.

Demand for good Y is inelastic because the coefficient of elasticity is less than 1.

consumers who buy Good Y are less sensitive to price changes than consumers who buy Good X

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

For good X,

Percentage change in price = $55 / $60 - 1 = | -0.0833| = 8.33%

Percentage change in quantity demanded = 500 / 400 - 1 = 0.25 = 25%

Elasticity of demand = 25% / 8.33% = 3

Demand for good X is elastic because the coefficient of elasticity is greater than 1.

For good Y,

Percentage change in price = $55 / $60 - 1 = | -0.0833| = 8.33%

Percentage change in quantity demanded = 500 / 475 - 1 = 0.0526 = 5.26%

Elasticity of demand = 5.26% / 8.33% = 0.63

Demand for good Y is inelastic because the coefficient of elasticity is less than 1.

consumers who buy Good Y are less sensitive to price changes than consumers who buy Good X

8 0

3 years ago