1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nana76 [90]
3 years ago
11

Why do you think we "ignore" taxes (like sales and property tax) that fund things we really "like," and instead focus on federal

income tax, which usually funds government programs that one constituency or another disagrees with?
Business
1 answer:
aivan3 [116]3 years ago
4 0

I think we ignore taxes like sales and property and fund things we really like because if money is put into places that consumers are going to spend money, the government ends up making more long term. Although, the money is then sometimes spent where people don't always agree, it still allows for more money to be generated overtime.

You might be interested in
Compute the Cost of Goods Sold for 2016 using the following information:Direct Materials, Jan. 1, 2016 $40,000Work-in-Process, D
guapka [62]

Answer:

Cost of Goods Sold = $234,000

Option B is correct ($234,000)

Explanation:

First we will calculate total direct material used in production:

Total Direct material=Starting Direct Material+ Purchases of Direct Material+ Ending Direct material

Total Direct material=$40,000+$75,000-$43,000

Total Direct material=$72,000

Calculating Cost of goods Manufactured:

Cost of goods Manufactured=Total Direct material+Direct labor+ Manufacturing Overhead+Beginning WIP inventory-Ending WIP inventory

Cost of goods Manufactured=$72,000+$48,500+$72,500+$87,000-$69,000

Cost of goods Manufactured=$211,000

Cost of Goods Sold = Cost of goods Manufactured+ Starting Finished Goods-Ending Finished Goods

Cost of Goods Sold = $211,000+$128,000-$105,000

Cost of Goods Sold = $234,000

Option B is correct ($234,000)

6 0
3 years ago
What happen during periods of hyperinfation?
Mashutka [201]
The value of money decreases rapidly
7 0
3 years ago
Projects A and B are mutually exclusive and have an initial cost of $82,000 each. Project A provides cash inflows of $34,000 a y
MrRissso [65]

Answer:

If discount rate is 11.7% Project B should be accepted.

If discount rate is 13.5% both projects should be rejected

Explanation:

If the Net present value of Project A is higher than that of project B, we will accept project A and vice versa.

<u>Under 11.7% Discount Rate</u>

Net Present Value-Project A = -82000 + 34000 / 1.117  +  34000 / 1.117²  +   34000 / 1.117³  = $85.099

Net Present Value-Project B = -82000 + 115000 / 1.117³ = $516.029

Project B should be accepted as it has a higher NPV.

<u />

<u>Under 13.5% Discount Rate</u>

Net present Value-Project A = -82000 + 34000 / 1.135 + 34000 / 1.135² + 34000 / 1.135³   = - $2397.49

Net Present Value-Project B = -82000 + 115000 / 1.135³  = - $3347.91

Both projects should be rejected as both have negative NPVs

7 0
4 years ago
A corporation is:_________
NemiM [27]

Answer: A business legally separate from its owners.

Explanation:

A corporation is an organization which is seen legally as being separate from the owner(s). Legally, a corporation is seen as being on its own and therefore can: obtain loans, be Sue, pay taxes etc.

6 0
3 years ago
Read 2 more answers
Ji-woo has a new credit card. She wants to use it for online shopping. What are three things that make this a poor choice
antoniya [11.8K]
1. Paying her bill late( messes up your credit score)
2. Overspending ( self-explanatory)
3. Using her credit card on unknown website( increases risk of fraud)
6 0
3 years ago
Other questions:
  • Which of the following should be pracited among all co workers in the workplace
    11·1 answer
  • About what percentage of lottery winners end up with financial troubles?
    5·2 answers
  • Mrs. Simpson buys loaves of bread and quarts of milk each week at prices of $1 and 80 cents, respectively. At present she is buy
    9·1 answer
  • Keynesian economics focuses on explaining why recessions and depressions occur, as well as offering a ______________________ for
    11·1 answer
  • Product Pricing: Single Product Assume that you plan to open a soft ice cream franchise in a resort community during the summer
    12·1 answer
  • Jenkins Inc. has a target capital structure of 40% debt and 60% common equity, with no preferred stock. The YTM on the company’s
    9·1 answer
  • Possible reasons for additional students accommodation on a project proposal ​
    5·1 answer
  • THERE ARE TEN BUTTONS ON THE TABLE
    11·2 answers
  • An individual forgot to delegate a certain task to one of her team members. Each person on the team was supposed to create a Pow
    15·1 answer
  • Silviocoto say hi plz do it
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!