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
Jobisdone [24]
3 years ago
11

True or False: The more that the labor supply decreases in response to a decrease in wages, the larger are the supply-side effec

ts of an increase in tax rates (that is, the decrease in output is largerdue to a tax increase).
Business
1 answer:
Margarita [4]3 years ago
3 0

Answer:

Correct Answer:

1. True

Explanation:

Taxes affect work activity directly through labor supply-and-demand channels and indirectly through government spending responses to available tax revenues.<em> It has been determined that higher tax rates on labor lead to less work time in the legal market sector.</em>

You might be interested in
in marketable securities by $318,370 and paid $1,218,231 for new fixed assets during 2017. The company also repaid $776,200 of e
sertanlavr [38]

Answer:

The complete question from the start is <em>"Carla Vista Company increased its investments in marketable securities by $318,370 and paid $1,218,231 for new fixed assets during 2017"</em>

<em />

a. <u>Investing activities</u>

+ Proceeds from sales of marketable securities  $318,370

- Purchase of new fixed assets                              $1,218,231

+ Proceeds from sale of fixed assets                    <u> $332,002</u>

Net cash used for investing activities                 <u>-$567,859</u>

Note: The answer is cash outflow

b. <u>Financing activities</u>

- Repayment of long term debt                       $776,200

+ Proceeds from raising new debt capital      $913,575

- Repurchase of stock                                      <u>$52,501</u>

Net cash inflow from financing activities     <u>$84,874</u>

Note: The answer is cash inflow

8 0
3 years ago
If Net Sales at​ Sassy's Sweet Factory increased from​ $37,000 to​ $58,000 and its cost of goods sold increased from​ $17,000 to
solong [7]

Answer:

The vertical analysis based on net sales would show 45.94% and 74.13% for cost of goods​ sold.

Explanation:

Vertical Analysis: The vertical analysis does the analysis of the financial statements which is based on the sales value.

In mathematically,

Vertical Analysis = Financial Statement item ÷ sales value × 100

So,

For the cost of good sold. the vertical analysis would be:

For the Latest amount of cost of good sold:

= Latest amount of cost of goods sold ÷ Latest sales value × 100

= $17,000 ÷ $37,000 × 100

= 45.94%

For the updated amount of cost of goods sold:

= updated amount of cost of goods sold ÷ updated sales value × 100

= $43,000 ÷ $58,000 × 100

= 74.13%

Hence, the vertical analysis based on net sales would show 45.94% and 74.13% for the cost of goods​ sold.

6 0
3 years ago
Lew Co. sold 200,000 corrugated boxes for $2 each. Lew's cost was $1 per unit. The sales agreement gave the customer the right t
Harlamova29_29 [7]

Answer:

a) $170,000

Explanation:

Total Sales = 200,000 X 2 = 400,000

-Sales Return = 400,000 X 5% = 20,000

=Net Sales = 380,000

-Cost of corrugated boxes = 200,000 X 1 = 200,000

=Gross Margin = 180,000

-Additional Cost = 10,000

=Operating profit = 170,000

8 0
4 years ago
Lusk Company produces and sells 15,200 units of Product X each month.The selling price of Product X is $22 per unit, and variabl
Brrunno [24]

Answer:

1. decrease by $62,200 per month

Explanation:

Fixed Cost savings (FC) from discontinuing product A = $102,000 - $73,000  = $29,000

Variable Cost of 15,200 of product A:

VC = 15,200* \$16 = \$243,200

Revenue from selling 15,200 units of product A:

R = 15,200* \$22 = \$334,400

The change in net income is:

\Delta N=FC+VC-R\\\Delta N=\$29,000+\$243,200-\$334,400\\\Delta N=-\$62,200

The company's overall net operating income would decrease by $62,200 per month

3 0
3 years ago
You recently sold 200 shares of Apple stock to your brother. The transfer was made through a broker, and the trade occurred on t
adelina 88 [10]
I really like hamburgers
4 0
4 years ago
Other questions:
  • What is comdominance?
    10·1 answer
  • When using horizontal differentiation, a firm divides itself into subunits based on function, type of business, or Multiple Choi
    15·1 answer
  • How does the Small Business Administration (SBA) categorize some types of insurance needs?
    14·2 answers
  • Millions of people from Mexico have migrated to the United States. This has reduced the supply of labor in Mexico and increased
    5·1 answer
  • Write a program to display the following series of numbers 10 20​
    11·1 answer
  • A word processing program would probably be used to:
    11·1 answer
  • In 2018, its first year of operations, Kimble Corp. has a $740,000 net operating loss when the tax rate is 35%. In 2019, Kimble
    11·1 answer
  • Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its Assembly Departmen
    8·1 answer
  • What number is 0.1 more than 30.7?
    15·1 answer
  • ____ technologies have become the international industry choice for 4G networks, so most carriers in the U.S. are moving to that
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!