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Ivahew [28]
4 years ago
13

Cadmia, a small island nation, recently revised its income-tax law. The new law sought to increase taxes on wealthy corporations

and citizen with higher incomes. Surprisingly, everyone responded positively to the tax revision as they believed that it will decrease inequality in the nation. In this scenario, the people of Cadmia have demonstrated support for:_____________
a. retributive justice.
b. procedural justice.
c. distributive justice.
d. restorative justice.
Business
1 answer:
Shalnov [3]4 years ago
3 0

Answer:

Distributive justice

Explanation:

Distributive justice - it is referred to as a system of justice that ensures every citizen will get equal opportunity, ensure the basic right to all, ensure that for an equal amount of work equal amount of pay will be given.

In the same way, in Cadmia by new income tax law, the government ensured that every citizen will get equal opportunity and this will decrease the inequality on the island.

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When a magazine company collects cash for selling a subscription, it is an example of: Multiple Choice An accrued liability tran
katrin [286]

The complete question is:

When a magazine company collects cash for selling a subscription, it is an example of:

1. A deferred revenue transaction

2. An accrued receivable transaction

3. A prepaid expense transaction

4. An accrued liability transaction

Answer:

A deferred revenue transaction.

Explanation:

In this scenario the magazine company has collected cash for a subscription. Subscriptions are payments that are made to gain access to a certain service. Take for example if a subscription has to be paid to a company to access their website for information. The cash has been collected but service is to be provided in the future. When service is not yet provided and payment is collected it is referred to as deferred revenue.

This is because the service has not yet been performed so revenue is not yet earned. When service is provided then the revenue is recognised.

7 0
3 years ago
Read 2 more answers
What is important to know about yourself when making a career choice?
yaroslaw [1]
It’s important to know your limits and your strengths.
The goal is to do your best in the job you have, so before making that important choice, it’s good to think about maybe your talents or hobbies that you have.
You could ask yourself questions such as:

Do I communicate well with people?

What am I best at?

Am I able to fulfill the tasks that are included in this career?

And I’m sure there are more questions, but it is a good thing to know yourself that way when you apply for a job, you know what you’re getting into.

I hope this helps!
~Brooke❤️
5 0
4 years ago
Problem 1-4A (Video) The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020.
Nonamiya [84]

Answer:

The question is missing cash value to the tune of $39200.00

The statement of goods manufactured schedule has $400,620.00   as the costs of goods manufactured

Secondly, the income statement has $ 77,380.00  as gross profit.

Lastly, the balance sheet has total current assets as  $165,100.00.

Find details in the attached excel file.

Explanation:

Please note that items relating net income were omitted as there was no requirement to calculate net income for the year,only gross profit is required.

Download xlsx
3 0
3 years ago
Social surplus is the​ ____________. A. total value from trade in a markettotal value from trade in a market. B. difference betw
shepuryov [24]

Answer:

The correct answer is letter "A": total value from trade in a market.

Explanation:

Canadian economist Alex Tabarrok (born in 1966) explains social surplus as the sum of consumer surplus, producer surplus, and bystanders surplus. Tabarrok takes an integrative approach in consumer surplus by stating <em>social surplus encompasses every economic trade in the market rather than only consumers and producers surplus.</em>

<em />

Besides, Tabarrok believes when there are major external costs or benefits, the market will not reach its social surplus.

4 0
3 years ago
Cheap Money Bank offers your firm a discount interest loan at 8.25% for up to $25 million and, in addition, requires you to main
Leona [35]

Answer:

10.75%

Explanation:

The computation of the effective annual interest rate is shown below:

= Interest  ÷ total net amount available

where,

Total net amount available would be

= Loan amount - Loan amount × interest rate - loan amount × compensating percentage

= $25,000,000 - $25,000,000 × 8.25% - $25,000,000 × 15%

= $25,000,000 - $2062,500 - $3,750,000

= $19,187,500

And, the interest would be $2,062,500

Now put these values to the above formula  

So, the rate would equal to

= $2,062,500 ÷ $19,187,500

= 10.75%

4 0
4 years ago
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