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Jlenok [28]
3 years ago
6

Scenario: There are 4 households in a locality. The annual income of the first household is $20,000, the annual income of the se

cond household is $47,000, the annual income of the third household is $50,000, and the annual income of the fourth household is $71,000. Refer to the scenario above. If each family pays 12% of its income as tax every year, the local government follows a(n) ________ tax system.
Business
1 answer:
Brilliant_brown [7]3 years ago
7 0

Answer:

Because everyone , regardless of their income is paying the same percentage of their income as tax, the local government is following a flat tax system.

Explanation:

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Sarah owns half of Smith Realty, Inc., and her brother Bill owns the other half. Sarah routinely uses the company car, which is
anzhelika [568]

Answer:

(c) pierce the corporate veil due to Sarah's commingling of interests

Explanation:

Commingling of interests usually occurs when an investment manager or realtor combines client money with their own or their firm's, in violation of a contract. This can occur in legal cases, corporate client accounts and real estate transactions. For example in this case Sarah has violated her rights as a realtor by routinely using their company funds for her own personal uses.

7 0
3 years ago
Read 2 more answers
If Morton Company expects to sell VCR’s at $100 a unit with variable costs of $60 per unit and DVD’s at $200 per unit with varia
Thepotemich [5.8K]

Answer:

$72

Explanation:

To calculate the weighted contribution margin we can use the following formula:

[(sales price A - variable cost A) x proportional sales A] + [(sales price B - variable cost B) x proportional sales B]

= [($200 - $120) x 80%] + [($100 - $60) x 20%] = $64 + $8 = $72

7 0
3 years ago
Which ethical approach typically focuses on the attainment of fair and equitable distribution of economic goods and services?
SVETLANKA909090 [29]

Answer:Social justice theory

Explanation:Social justice is a concept which encourages fair and just relationship in terms of how wealth, opportunities are distributed amongst society and individuals.

It encourages that no one shall be deprived of equal access to certain resources and thatg everyone must get their share and thatt shall not be taken away from them.

4 0
3 years ago
You and your friends have decided to build a skateboard ramp behind your house. You have already purchased $500 in materials and
alexandr402 [8]

Answer:

(a) $500

(b) $620

(c) $180

(d) $72

Explanation:

Explicit costs refers to the which are incurred during running the business and these costs affects the profitability of the company.

Implicit costs refers to the opportunity cost of selecting some other alternative.

(a) Here, the explicit cost is the cost of purchasing materials = $500

(b) If I rent an electric saw, then the explicit cost is as follows:

= Purchasing cost of material + (Rent × No. of hours to build ramp)

= $500 + ($20 × 6 )

= $500 + $120

= $620

(c) If I use a handsaw, then the implicit cost is as follows:

= Hours to build ramp × A job pays $12 per hour

= 15 × $12

= $180

(d) If I rent an electric saw, then the implicit cost is as follows:

= Hours to build ramp × A job pays $12 per hour

= 6 × $12

= $72

4 0
3 years ago
Which is the primary dietary consideration for a client receiving insulin isophane suspension (nph) at breakfast?
Dvinal [7]

The primary dietary consideration for a client receiving insulin isophane suspension (nph) is that make sure breakfast is not delayed.

Diabetes is treated with ISOPHANE INSULIN (NPH). It functions by raising your body's insulin levels, which lowers your blood sugar. It is a member of the class of drugs known as intermediate-acting insulins. Combining this medicine with dietary and exercise modifications is common.

A hormone called insulin lowers blood glucose levels, or sugar, by doing its job. Intermediate-acting insulin, insulin isophane begins to function 2 to 4 hours after injection, peaks in 4 to 12 hours and continues to function for 12 to 18 hours.

Learn more about insulin isophane here:

brainly.com/question/13989526

#SPJ4

3 0
1 year ago
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