Answer:
Proportional Tax
Explanation:
A proportional tax imposes the same flat rate (in %) on income as payable tax.
Other types of taxes are Progressive and Regressive Tax. In progressive, the higher you earn, the higher tax you pay while in Regressive, the higher you earn, the lower income tax paid and vice versa.
Answer:
The answer is C. How high the par value
Explanation:
Par value is sometimes called as the nominal value or face value. What it means is that it is the value given through an initial valuation and the Par value is not set by the "supply and demand" in the market. Because of this, It has a very little impact on the market price of a Share.
However, when it comes to Corporate bonds and fixed-income instruments, par value becomes important as it is considered in calculating the maturity time and the interest rates.
Answer:
The business cycle is crucial for businesses of all kinds because it directly affects demand for their products. Boom: high levels of consumer spending, business confidence, profits and investment. Prices and costs also tend to rise faster. Unemployment tends to be low as growth in the economy creates new jobs.
Answer:
TRUE
Interest income received by a cash basis taxpayer is generally reported in the tax year it is received.
Answer:
Sophie is a little hesitant and unsure about accepting the game because legally it would be considered _________. B. Pirated software
Explanation:
A term used to describe the act of illegally using, copying or distributing software without ownership or legal rights.
A software pirate is someone who is engaged in software piracy. Software piracy is the general principle of unauthorized use or access of software products and services.
