Tax efficiency minimizes the cost of complying with the tax code by reducing its administrative burden and by minimizing any distortions in the economy caused by the tax. ... Another objective of tax policy that is little heeded is that deadweight losses should be minimized.
I believe it would be Chapter 7, not sure though. I will let you know if it's correct.
I think the correct answer from the choices listed above is option C. Using your savings to buy something you think will increase in value is known asinvesting. Hope this answers the question. Have a nice day. Feel free to ask more questions.
Answer:
<u>Cash collection budget
</u>
January
Cash sales $50,000
Credit sales :
50% of January credit sales $75,000 ($150,000*50%)
40% of December credit sales $33,600 ($42,000/50%*40%)
10% of November credit sales $23,000 ($23,000/10%*10%)
Total cash collections $181,600
How much money to give federal agencies