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3 years ago

The nature of the tax system means that there is usually a trade-off between _ and _.

Business

1 answer:

IgorC [24]3 years ago

5 0

Answer:

equity and efficiency

Explanation:

Under the tax system there is no tax on losses. And also the losses can be carried forward and set off to profits in future.

When profits are earned the taxes are paid. After that the remaining profit is either distributed to equity or retained for future purposes.

The more efficiently the company works, higher will be the profit and higher will be the taxes.

As profit is for equity, and from that share the amount is given to tax authorities, which is some part of income, share of equity to tax.

Though it does not provide for right in company, but it is legal to pay the tax.

That is the price you pay for increasing or decreasing efficiency, in the form of income available for equity.

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Brut [27]

Answer:

$270,000

Explanation:

Contribution per kite = $6.50 - $3.50 = $3.00

Break even point = 90,000 kites

Since;

Break even point = Fixed cost / Contribution per kite.

We have:

90,000 = Fixed cost / $3.00

Fixed cost = 90,000 * $3.00 = $270,000

Therefore, Ocean City Kite Company's fixed costs is $270,000.

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3 years ago

Do all choices have costs?

expeople1 [14]

For every choice you make, you are sacrificing something else. For example, when you choose to buy a new phone, you are sacrificing buying a new laptop. The opportunity cost of buying the phone, is the cost of the laptop. Therefore, evey choice has a cost, because in every choice, there is a sacrifice

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3 years ago

On January 1, Year 1. a company issues $100.000 of 8% bonds maturing in 10 years when the market rate of interest is 9%. The bon

Margarita [4]

Answer:

b) The company will incur a loss

Explanation:

The market rate at the time of issue = 9%, while coupon rate = 8%, it says bonds provide lesser return when compared to the market rate.

At end of year 2 market rate drops to 6% which is lower than the Bond's coupon rate. Which means the bond's providing high return when compared to the market. So, company to retire the bonds need to pay more than the par value.

As company should retire these bonds more than par value, the company incur a loss.

Option 'B is correct

The company incur a loss

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3 years ago

Marginal cost is defined as the change in ________ cost when output changes by one unit. In the short run

salantis [7]

Answer:

Marginal cost is defined as the change in total cost when output changes by one unit in the short run.

Explanation:

Marginal cost is defined as the change in total cost when output changes by one unit. In the short run.

It is the amount by total cost will increase as a result of producing additional one more unit of a product.

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3 years ago

Read 2 more answers

Lancaster salesperson Jamie Dafe has begun to branch out into mortgage brokering. She continues to show homes to clients, but ha

SSSSS [86.1K]

Answer:

A) Jamie may not act as a loan broker unless she is properly licensed as one, under the Mortgage Loan Broker Law, set forth under the California Business and Professions Code, Article 7.

Explanation:

The loan application must include information regarding the real estate broker and must be signed by both the borrower and the broker.

Section 10241 (i) of the California Business and Professions Code, Article 7 requires:

"A statement containing the name of the real estate broker negotiating the loan, his or her license number, and the address of his or her licensed place of business."

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3 years ago

The nature of the tax system means that there is usually a trade-off between ___ and ___.

The nature of the tax system means that there is usually a trade-off between _ and _.