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Montano1993 [528]
3 years ago
12

The Federal personal income tax is:_______

Business
1 answer:
vredina [299]3 years ago
6 0

Answer:

D. Progressive and the incident is on the tax payer

Explanation:

The federal personal income tax  is  a progressive tax because the tax increases as the income of the individual increases.

A progressive tax  system is where higher tax rate falls on high income  earners and lower tax rate on low income earners.  The incident of personal income tax is on the tax payers  because they the burden of paying the tax is borne by them.

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According to the california insurance code, what is the maximum penalty per violation for anyone who unwillfully commits an unfa
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Accord According to the California Insurance Code, any individual who unwilfully takes part in an out of line strategy for rivalry is obligated to the state for a fine of up to $5,000 per infringement. In the event that the demonstration is resolved to be headstrong, the fine won't surpass $10,000 per act.
4 0
3 years ago
10. Which of the following is an<br> example of system software?
OLEGan [10]

Answer:

The computer's OS is a well-known example of system software. Widely used operating systems include Microsoft Windows, Mac OS and Linux.

8 0
2 years ago
Equipment that cost $875,000 and had a book value of $390,000 was sold for $450,000. Data from the comparative balance sheets ar
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Answer:

a. $1,400,000.

Explanation:

Find the attachment

4 0
3 years ago
International Paper Company, MeadWestvaco, and Rubicon, Ltd. Work together and found ArborGen, a new biotechnology company that
Pachacha [2.7K]

Answer: Joint venture

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In the given case, Arboren is a new company and is formed by the joint ownership of three existing firms.

Hence, from the above we can conclude that this is an example of Joint venture.

4 0
3 years ago
Suppose that you read in The Wall Street Journal that a bond has a coupon rate of 9 percent, a price of 71 3/8, and pays interes
olga nikolaevna [1]

Answer:

This question is missing the options given below:

A. 11%

B.13%

C. 15%

D. 17%

E. 20%

The correct answer is option B,the bond current yield is 13%

Explanation:

Bonds Current Yield = Year one cash flow / Current  Price x 100 = 9 / 71.375 x 100 = 12.60% or approximately 13%

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The year cash flow is calculated as :9% of bond par value($100)=$9

8 0
3 years ago
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