Answer:
$628.49
Explanation:
Cash flows Discount factor Future value
$100 1.1449 $114.49
$200 1.07 $214
$300 1 $300
Future value $628.49
The discount factor is as follows
= (1 + interest rate)^number of years
For $100 the year is 2
For $200 the year is 1
For $300 the year is 0
Answer:
Taxable income = Gross income - Total operating expenses - Depreciation
= 500,000 - 400,000 - 60,000
= $40,000
Federal corporate income tax rate in 2017 was 35% so income taxes are;
= 40,000 * 35%
= $14,000
Answer:
The most fair tax structure is progressive taxation.
Explanation:
Progressive taxation is the tax structure in which the higher the income of an individual, the higher the rates of taxation that person is subjected to.
This system is seen as the most fair by most individuals, including economists, because it is to be expected that people who make a lot of money pay a larger amount of taxes than people who make less.
For this reason, the majority of countries in the world use a progressive tax system.
The policy would be an example of DISPARATE TREATMENT DISCRIMINATION. Disparate treatment discrimination refers to unlawful, intentional employment discrimination as a result of one's race, gender or religion. It involves unequal behaviour toward someone because of a protected feature.
Answer:
(a) the marginal cost of producing 1000 pins is given by $2.00 X 1000=
$2000
(b) the firm is making an economic profit.
(c) The firm is not in long-run equilibrium because the cost of production is not equal to the Revenue that will be generated.
Explanation:
Marginal cost this is the cost of producing one additional goods after the initial number.
An economic profit this is the excess profit Revenue generated from a business.
long-run equilibriuma a firm is said to be in long run equilibrium when when marginal revenue equals marginal costs,