Answer:
<em>d. regressive tax.</em>
Explanation:
Because as we can see on the given statements that lower income people come to buy grocery than the higher income people, so the 10-cent fee for disposable bags will come under regressive tax, as we know that regressive tax is a tax in which is taken or collected largely from the lower income people than the higher income people.
<em>So, the correct option will be OPTION (d).</em>
Answer: Sunk cost
Explanation:
A sunk cost is a cost that an individual, firm or the government has already incurred and therefore can't be recovered anymore.
For example, marketing campaign expenses, rent or the money that is spent on purchasing new equipment can all be referred to as sunk costs as they are past cost and can't be recovered again.
The entry is record in book as
Date Particular L.F. Dr. Amt. Cr. Amt.
Income summary a/c $460,500
To Mo a/c $69,300
To Lu a/c $269,500
To Barb a/c $431,200
What is net income?
The total amount of firm profit after deducting all taxes, costs, and interest is referred to as "net income."
Particulars Mo Lu Barb
Capital invested $69,300 $269,500 $431,200
Profit sharing ratio 20/100 40/100 40/100
Profit ($460,500) 92100 184200 184200
As a result, Mo is 92100; Lu is 184200; Barb is 184200 as profit.
Learn more about on net income, here:
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#SPJ 1
Carnegie used vertical integration to reduce competition and make his business more profitable Vertical Integration was incorporated into everything from mining the ore and coal, to shipping it to the factories, and etc. With the flow from one business to another Carnegie was able to protect the profit made by keeping it all in a sort of cycle formation within the family. This prevented competitor companies from being able to cut down <span>availability on the market as well as raising prices on the stock.</span>
