Answer:
The tax rate is the same for all income levels.
Explanation:
A proportional tax system is a tax mechanism that applies equal rates to all income brackets. This system does not segregate based on income earned. The proportional tax system is also the flat rate system.
Since the proportional tax system applies the same rate to all taxpayers, it means that the low income, middle, and high-income earners pay tax at the same rate. The proportional tax system contrasts with other methods, such as the progressive tax system that considers income levels.
Answer:
Perfect Competition market structure
Explanation:
This exists where a good no of buyers and sellers trade in similar products at a closely related price.In such structure , it is difficult for a particular firm to influence the price of its product as there is little or very minimal influence on the price of the commodity.
Any images or dominant or recessive traits to make it?
A firm with a cash conversion cycle of 175 days wants to stretch its average payment period from 30 days to 45 days. this will result in a(n) decrease in the cash conversion cycle of 15 days.
The cash conversion cycle measures how long cash runs out as a company invests more in inventory to increase customer sales. It is therefore a measure of the liquidity risk associated with growth.
Cash Conversion Cycle (CCC) is a metric that represents the time (measured in days) it takes a company to convert an investment in inventory and other resources into cash flow from sales.
The cash flow conversion rate measures the efficiency with which a company converts profits into cash. This is a one-step calculation of operating cash flow divided by net income. Good ratio must be greater than or equal to 1
Learn more about cash conversion here:brainly.com/question/19595232
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