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3 years ago

) the reputation of being better at "holding down taxes" is ascribed to the

Business

2 answers:

blagie [28]3 years ago

8 0

Answer:

Republican party

Explanation:

The Republican party is generally associated with supply side economics, which focuses on reducing taxes. Sadly, two of the last three republican presidents were not successful in following this approach and it resulted in 3 recessions (1 during George Bush's presidency and 2 during George W. Bush's presidency).

The main difference between supply side and Keynesian economics, Clinton and Obama's approach, is that supply side economics favors the trickle down effect. It means that as large corporations and the rich get wealthier, that excess wealth will spill over and spread into the middle and lower classes. When things are going OK, both economic approaches will yield the same results, the problem is that when things start to go wrong, supply side economics tends to make things worse because it increases the concentration of wealth on the upper classes.

Citrus2011 [14]3 years ago

4 0

Answer:

Republican Party.

Explanation:

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Travis International has a one-time expense of $1.13 million that must be pald two years from today. The firm can earn 4.3 perce

rjkz [21]

Answer:

Monthly deposit= $45,172.20

Explanation:

Giving the following information:

Travis International has a one-time expense of $1.13 million that must be paid two years from today. The firm can earn 4.3 percent, compounded monthly, on its savings.

To calculate the monthly deposit, we need to use the following variation of the future value formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

i= 0.043/12= 0.003583

n= 2*12= 24

A= (1,130,000*0.003583)/ [(1.003583^24)-1]

A= 45,172.20

8 0

3 years ago

Consider Pacific Energy Company and U.S. Bluechips, Inc., both of which reported earnings of $961,000. Without new projects, bot

Daniel [21]

Answer:

Price / Earnings 7.04 times

Price / Earnings 7.14 times

Explanation:

Earning = $961,000

Rate of return = 14%

PV of Perpetuity = Cash flow / rate of return

PV of Perpetuity = $961,000 / 0.14 = $6,864,286

As we know that Price is the Present value of future cash flows which is perpetuity of $6,764,286.

Price Earning Ratio = $6,764,286/ $961,000 = 7.04 times

Earning = $961,000 + $111,000 = $1,072,000

Rate of return = 14%

PV of Perpetuity = Cash flow / rate of return

PV of Perpetuity = $1,072,000 / 0.14 = $7,657,143

As we know that Price is the Present value of future cash flows which is perpetuity of $7,657,143.

Price Earning Ratio = $7,657,143/ $1,072,000 = 7.14 times

Earning = $961,000 + $211,000 = $1,172,000

Rate of return = 14%

PV of Perpetuity = Cash flow / rate of return

PV of Perpetuity = $1,172,000 / 0.14 = $8,371,429

As we know that Price is the Present value of future cash flows which is perpetuity of $6,764,286.

Price Earning Ratio = $8,371,429 / $1,172,000 = 7.14 times

7 0

3 years ago

Which of the following organizations mission is to establish and improve standards of financial accounting and reporting for the

yarga [219]

Answer:

B. The Financial Accounting Standards Board

Explanation:

The Mission of AICPA is, 'to Power the success of global business, CPAs, CGMAs and specialty credentials by providing the most relevant knowledge, resources and advocacy, and protecting the evolving public interest'.
The Mission of the Public Company Accounting Oversight Board is to 'oversees the audits of public companies and SEC-registered brokers and dealers in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports'.
The Misson of the Governmental Accounting Standards Board is to 'to establish and improve standards of state and local governmental accounting and financial reporting that will result in useful information for users of financial reports and guide and educate the public, including issuers, auditors, and users of those financial reports'.

8 0

3 years ago

"The owner of Elixir Force Inc. received the most prestigious corporate award and was also titled as ""the most outstanding new

raketka [301]

Answer:

B. Public recognition

Explanation:

Legitimacy, in its primary sense, means acceptance.

People-based legitimacy revolves consensual acceptance of a particular individual by some group of people. This people-based legitimacy can be relayed to an individual through public recognition. Before anyone can enjoy people-based legitimacy, they must have done something worthwhile.

In the case of the owner of Elixir Force Inc receiving an award for most outstanding new entrepreneur of the year, it is clear that he is enjoying public recognition in context of people-based legitimacy.

5 0

4 years ago

A/an __________ normally specifies such matters as how assets will be distributed in the event of divorce or death; how debts wi

klio [65]

This would be a prenuptial agreement. This type of agreement is often referred to as simply a prenup. It is a contract that is entered into before marriage or any other civil union. The content of it often varies but generally covers provisions for how to divide property and spousal support should the parties split. It may also include terms for how assets will be split if the union dissolves.

5 0

4 years ago