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4 years ago

What are the positive and negative aspects of taxation?

Business

1 answer:

hodyreva [135]4 years ago

6 0

Answer:

Explanation:

For negative

But all taxes adversely affect ability to save. Since rich people save more than the poor, progressive rate of taxation reduces savings potentiality. This means low level of investment. Lower rate of investment has a dampening effect on economic growth of a country.

Positive

The positive effects of tax rate cuts on the size of the economy arise because lower tax rates raise the after-tax reward to working, saving, and investing. ... But pure rate cuts may also provide positive income (or wealth) effects, which reduce the need to work, save, and invest.

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When a periodic inventory system is used, a. only the cost of merchandise sold is recorded each time a sale is made. b. only rev

marysya [2.9K]

Answer:

b. only revenue is recorded each time a sale is made

Explanation:

Under periodic inventory we adjust for COGS at the end of each month,

We don't recognize Cost of Goods Sold at the moment of sale.

When a sale occurs we recognize the revenue associate with the sale only.

It is under perpetual system when he adjustment on inventory and COGS are done simultaneously with the sale.

4 0

3 years ago

A Weak Dollarby The Columbus Dispatch, September 7, 1999If the price of buying a car starts rising in the United States, consume

sveticcg [70]

Answer:

C) the inflation rate.

Explanation:

This article is refers to the currency exchange rate between the US dollar, the Japanese yen, and the euro.

Since the US dollar depreciated against the Japanese yen ($1 buys less yens), the price of imported cars increased. Since the US dollar lost value, American exports were cheaper, so they would naturally increase since they would be more attractive to foreign buyers. In the last part it also mentioned the euro and the similarities with the yen.

4 0

3 years ago

The listening gap is understood to be the difference between ________. Group of answer choices A. The speed of sound and the spe

diamong [38]

Answer: the speed at which the brain can comprehend communication and speed at which the average adult speaks

Explanation:

Listening is a primary skill that is used by most individuals to gather information.

The listening gap is understood to be the difference between the speed at which the brain can comprehend communication and speed at which the average adult speaks.

3 0

4 years ago

An investment fund has the following assets in its portfolio: $40 million in fixed-income securities and $40 million in stocks a

Aleksandr-060686 [28]

Answer:

Sells with 2 days:

$ 4,608,000

$6,144,000

Sells within 4 days

$4,704,000

$6,272,000

Explanation:

The computation sell of two days and four days is shown below:-

Sells with 2 days:

Value of fixed-income securities = $40,000,000 × 0.96

= $38,400,000

Value of stock =$40,000,000 × 0.96

= $38,400,000

Total value = $76,800,000

Shareholder A gets from 6% of equity = $76,800,000 × 6%

= $ 4,608,000

Shareholder B gets from 8% of equity = $76,800,000 × 8%

= $6,144,000

Sells within 4 days

Value of fixed-income securities = $40,000,000 × 0.98

= $39,200,000

Value of stock =$40,000,000 × 0.98

= $39,200,000

Total value =$78,400,000

Shareholder A gets from 6% of equity = $78,400,000 × 6%

= $4,704,000

Shareholder B gets from 8% of equity = $78,400,000 × 8%

= $6,272,000

8 0

3 years ago

Jerry recently was offered a position with a major accounting firm. The firm offered Jerry either a signing bonus of $23,000 pay

creativ13 [48]

Answer. D) The signing bonus of $26,000 payable after one year of employment.

Explanation: Because it is more advantageous on him and also he has the time to payback within a year. He will be at rest to use fund for something that can fetch more money even within the 12 months period.

7 0

3 years ago