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never [62]
3 years ago
13

A tax meets the standard of efficiency if it generates enough revenue to pay for the public goods and services provided by the g

overnment.
A. True
B. False
Business
1 answer:
Veseljchak [2.6K]3 years ago
8 0

Answer:

(B) False.

Explanation:

There are other ways to measure the efficiency of a tax system. It is not to generate enough revenue to pay for the public goods and services provided by the government, but just to meet the primary needs of the society.

An efficient tax system must not be complicated, and easy to pay by all. There must be transparency as how the people pay and the tax money is spent by the government.

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Green Scene Co., a struggling start-up firm that needs a huge cash injection, has an environmentally friendly pesticide that is
shepuryov [24]

Answer:

It is considered as a problem child

Explanation:

Green Scene co. would be considered as a problem child, seen from the context of BCG matrix. Green Scene Co. being a struggling start-up company is in the need of large funds (Cash). The organic farmers use the pesticide of Green Scene Co., that is not harmful to environment. Not only the pesticide has great potential but is made from all the natural ingrdients.

4 0
4 years ago
What does this part of the safety manual specifically indicate about workplace safety? Providing proper safety gear is a priorit
Vedmedyk [2.9K]

Answer:

b

Explanation:

8 0
3 years ago
Jane, Jon, and Clyde incorporate their respective businesses and form Starling Corporation. On March 1 of the current year, Jane
Bumek [7]

Answer:

Explanation:

a)

No gain on exchanged would be recognized by any parties if the three exchanges are part of a pre-arranged plan.

b)

The gain that C will recognize on exchange is calculated below:

               Recognized gain = value of property - Basic of property

              = $350,000 -$90,000

              =$260,000

Therefore the gain that C will recognized on exchange is $260,000

c)

The parties could structure the transaction by using $351 if the property that Clyde contributes has a basis of $490,000(instead of $90,000).The realized gains would not be recognized under this section.Hence,it would be a benefit for all the parties.Moreover,the loss of $140,000,{$490,000(FMV) -$350,000(basic)}on C's exchange could be recognized

5 0
3 years ago
What is a living will?
Fudgin [204]

Answer:

A living will is a document that spells out what your wishes are if you're still alive, but unable to speak for yourself.

Explanation:

5 0
3 years ago
Read 2 more answers
On October 1, 2021, Sonoma Company leased equipment from Napa Inc. in lease payable in five equal annual payments of $540,000, b
Anestetic [448]

Answer:

$1,995,786

Explanation:

Calculation to determine what The right-of-use asset would be recorded at:

Using this formula

Right-of-use asset=Annual payments*PV ordinary annuity

Where,

Annual payments=$540,000

PV ordinary annuity of $1: n = 5; i = 11%=3.69590

Let plug in the formula

Right-of-use asset= $540,000 × 3.69590

Right-of-use asset = $1,995,786

Therefore The right-of-use asset would be recorded at:$1,995,786

6 0
3 years ago
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