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3 years ago

What is the best definition of income tax?

Business

1 answer:

Troyanec [42]3 years ago

5 0

Taxes paid by employees to federal and state government. Collected or withheld from one’s paycheck.

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A project has an initial cost of $17,700 and produces cash inflows of $7,200, $8,900, and $7,500 over three years, respectively.

Andreas93 [3]

Answer: Never

Explanation:

Discounted payback period aims to find out how long it will take for a project to repay its investment given its discounted cashflows.

Year 1 = 7,200 / ( 1 + 0.16)

= $6,206.8965

= $6,206.90

Year 2 = 8,900 / ( 1 + 0.16) ²

= $6,614.149

= 6,614.15

Year 3 = 7,500 / ( 1 + 0.16)³

= $4,804.93

Year 1 + Year 2 + Year 3

= 6,206.90 + 6,614.15 + 4,804.93

= $17,625.98‬

It failed to pay back the $17,700

3 0

3 years ago

John, alyson and jared all selected identical new cars at the same price. john bought the car with some of his own money and the

Dmitriy789 [7]

Here is the correct answer based on the given situation above about John, Alyson and Jared selecting new cars at the same price. The statement that is true about their options for car insurance is that, <span>Alyson is able to reduce the cost of insurance by selecting legal minimum. Hope this answer helps. </span>

6 0

4 years ago

Assume that income inequality has increased between 2000 and 2010 in the United States. Assume that both mean and median incomes

VARVARA [1.3K]

Answer:

The mean income is the average income of all households in the country, while the median income divides the total into two groups, those who earn above the median and those who earn below the median (i.e. the median would be middle point.)

If income inequality has increased then the mean income should rise above the median income since it is affected by extremes, e.g. the 10% richest earn 9 times more income than the lower 90%.

Since we are not given the increase in income inequality, we can assign any positive slope to the mean income.

8 0

4 years ago

ROMI is an acronym that stands for _____, and indicates how much value an organization's marketing activities create. A. retur

docker41 [41]

Answer:

A. return on marketing investment (ROMI)

Explanation: ROMI is used to measure the overall effectiveness of marketing campaign.

5 0

3 years ago

What other cost categories are not reflected in the budget above? And how much do you estimate they will cost

BaLLatris [955]

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

The other cost categories that are not reflected in the budget above are the following.

Monthly internet subscription, recreational center, laundry, school expenses, entertainment, home supplies, and drugstore. (which include, cream, shampoo, soap, toothpaste, etc.)

And how much do you estimate they will cost?

Monthly internet subscription $15

Recreational Center $25

Laundry $30

School expenses $20

Entertainment $100

Home supplies $25

Drugstore (which include, cream, shampoo, soap, toothpaste, etc.) $50

The key here is not only to have a good budget but respect it and follow through. Otherwise, you will have problems at the end of the month trying to make ends meet.

3 0

3 years ago