A good way to add contrast to business documents is to

Choose the letter of the item that best completes the statement or answers the question. Last year Jackson earned $500,000, Vele

Vitek1552 [10]

1. According to their states’ tax laws, which require each one to pay a tax of $500 despite their different earnings, the best description of the tax is (c) regressive.

<h3>What is a regressive tax system?</h3>

A regressive tax system is one where taxpayers pay a disproportionate share of the tax burden, given their earning levels.

A regressive tax system is not proportional or progressive.

2. An example of an excise tax is (b) tax on perfume.

3. The amount Rose Chin paid for the purchase of school supplies based on the state sales tax of 5% is a) $12.60 ($12 x 1.05).

4. An example of a property tax is a) a tax based on the value of one's home.

5. The best example of the ability-to-pay principle is b) income tax.

6. An example of a tax based on the benefits-received principle is (a) bridge toll.

7. In the United States, taxes are used to accomplish all of the following except (c) determine which brands consumers buy.

8. For the apartment tenants, the tax is d) a sales tax.

9. The ultimate tax-burden bearer in question 8 is (d) the tenants.

10. An example of a protective tariff is (d) tax on the importation of foreign-made cars.

Thus, while income tax is mostly progressive in the United States, sales taxes are proportional, while some taxes are regressive because the amount paid is fixed and does not depend on the ability-to-pay principle.

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5 0

2 years ago

Vertical space can be utilized to gain more storage space? True or False

alexandr402 [8]

True. Vertical space can be used for more storage space, however in most storage units only fifty percent of the total storage is not utilized. Using vertical space will increase the storage space

6 0

3 years ago

Read 2 more answers

Procter & gamble has fickle customers and needs to rapidly innovate new products. it benefits from implementing:______.

zimovet [89]

Option (B) is a matrix organization to manage a wide variety of demographic-specific products or services.

Procter & Gamble Co (P & G) is a consumer goods manufacturer and distributor. The company's products include conditioners, shampoos, male and female blades, and razors, toothbrushes, toothpaste, dishwashing liquids, cleaning agents, surface cleaners, and air purifiers.

Procter & Gamble is not owned by a hedge fund. The company's largest shareholder is The Vanguard Group, Inc., which holds an 8.9% stake. BlackRock, Inc. holds 6.6% and 4.4% of the outstanding shares. And State Street Global Advisors

Procter & Gamble has been controversial in recent years. The osteoporosis and bone loss drug Actonel, which was co-marketed with Sanofi-Aventis, caused side effects in many patients.

Learn more about Procter & Gamble at

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5 0

2 years ago

Resources and capabilities, such as interpersonal relations among managers and a firm's culture, that may be costly to imitate b

Leni [432]

Answer: A- socially complex

Explanation: Socially complex resources and capabilities are those company’s interpersonal relations such as belief, relationship, trust, cooperation, and custom which are very difficult and costly to imitate which are likely to be sources of sustained competitive advantage. This is mostly achieved by having the right individuals in the right positions doing the right jobs, also by creating and sustaining steady feedback that enables the company to be aware of any alterations in the operating environment of the business so as to adapt to those changes.

3 0

3 years ago

A partnership is a business owned by two or more people a. True b. False

nadezda [96]

The answer is A.This is a true statement.

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3 years ago