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kirill [66]
3 years ago
14

All of a country’s citizens pay the ___A__an income tax that is 7% of their annual earnings. This tax is___B____ tax

Business
2 answers:
Ainat [17]3 years ago
8 0

Answer:

The answers are:

A) government

B) proportional

Explanation:

Government entities are the only ones that should legally be able to collect taxes and duties.

Proportional taxes are taxes levied on taxpayers at a fixed rate, one single rate for everyone regardless of their income. The most common proportional tax is sales tax, everyone pays the same sales tax rate for the products they buy.

jek_recluse [69]3 years ago
4 0

I believe that it is GOVERNMENT and PROPORTIONAL. money is directly sent to the governmnet and it is proportional because it is the same percentage not the same amount. if it was the same amount for every person it would be regressive and if it was progressive it would be more for people who make more money.

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You work as the inventory manager at a golf pro shop. The club pro has reviewed and approved a new golf club collection, and you
vladimir2022 [97]

'You work as the inventory manager at a golf pro shop.' In this scenario, you are in the role of buyer. This is further explained below.

<h3>Who is a buyer?</h3>

Generally, a buyer is simply defined as one who purchases a product or service.

In conclusion, In a golf pro shop, you're the inventory manager.' You play the buyer in this scenario.

Read more about  buyer

brainly.com/question/13954956

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8 0
2 years ago
In which ways did munsterberg suggest that psychologists could contribute to industry?
kenny6666 [7]

Munsterberg suggest that psychologists could contribute to industry in the ways as listed below:

  • Identifying people suitable for a specific job
  • Identifying the psychological conditions that will bring out the best from a worker
  • identifying optimum management strategies that will unite the employees to the organization's goal

<h3>Who is a psychologist?</h3>

A psychologist refers to an expert in psychology where psychology studies the mental health. This discipline deals greatly in how human behaves and the reason for such behavior.

Psychologists play a greater impact in making people act in a certain way since they can guess intelligently on the expected behavior of an individual under a given circumstance. This abilities of psychologists enabled Munsterberg to make the suggestions listed

Read more on psychology here: brainly.com/question/12011520

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4 0
1 year ago
A stock has a current annual dividend of $6.00 per year, and it is expected to grow by 3% (0.03) a year. It is expected that two
yulyashka [42]

Answer:

$93.20

Explanation:

Given the following from the question

Future value of stock = $90

PV Factor = Future Value ÷ (1+ interest rate %)

Hence, we have Present value of stock as => 90 ÷ (1.03) = $87.378640777

Present value of dividends = 6 ÷1.03 = $5.8252427184

Total of present value of stock and dividend =$87.378640777 + 5.8252427184 = $93.20

Hence, in this case, the correct answer is = $93.20

6 0
3 years ago
Jack Weston, the CEO of Evans, Inc., along with Evans’ CEO, Jason Stiller, used non-GAAP numbers to develop the earnings stateme
Zanzabum

Answer:

d. ​Under Dodd-Frank, Jack and Jason will be required to pay back the extra compensation they received as a result of the falsified earnings.

Explanation:

Generally Accepted Accounting Principles (GAAP) earnings refers to standards that are commonly accepted and used financial reporting by publicly traded companies.

On the other hand, non-GAAP earnings refers ton an alternative accounting method employed by companies to measure the earnings especially by excluding one-time transactions like  an organizational restructuring.

A non-GAAP method adjusts similar GAAP measure which are reported on the audited financial statements such as earnings before interest, taxes, depreciation and amortization (EBITDA) but it not backed by law.

Because non-GAAP measure is not backed by law, it can produce a misleading report when items that have impact on GAAP earnings are excluded.

As a result of non-GAAP method, many companies were affected during the Great Recession in the US leading to the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act (shortened to Dodd-Frank). the major aim of Dodd-Frank was to change federal financial regulatory agencies and almost all parts of the financial services industry of the US. One of the provisions of the Dodd-Frank is to require to pay back any compensation got through falsification of document.

Given the above, Jack and Jason will be required to pay back the extra compensation they received as a result of the falsified earnings under Dodd-Frank.

3 0
3 years ago
Which term describes a list of all ledger accounts that businesses maintain?
Len [333]
The answer would be a general ledger
5 0
3 years ago
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