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3 years ago

How do states with no personal income tax raise money for public services?

Business

1 answer:

nata0808 [166]3 years ago

5 0

Answer:

Just seven states — Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming — do not levy an individual income tax. Relatively few New Hampshire and Tennessee residents pay tax on their income, but because these states collect taxes on dividends and interest income, they were not included on this list.

Explanation:

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Thayer Farms stock has a beta of 1.38. The risk-free rate of return is 3.87 percent, the inflation rate is 3.93 percent, and the

KATRIN_1 [288]

Answer:

Cost of Equity 16.33%

Explanation:

We solve for this using CAMP:

$Ke= r_f + \beta (r_m-r_f)$

risk free = 0.0387

premium market = (market rate - risk free) 0.0903

beta(non diversifiable risk) = 1.38

$Ke= 0.0387 + 1.38 (0.0903)$

Ke 0.16331 = 16.33%

We are given with the risk free rate of return and the market premium already so we just need to plug into the formula to solve for the expected return on the stock.

8 0

3 years ago

Assume that Cane normally produces and sells 62,000 Betas and 82,000 Alphas per year. If Cane discontinues the Beta product line

Talja [164]

Answer:

Please find the complete question in the attachment.

Explanation:

$\beta$ the margin of contribution unit $= 130-25-22-17-14 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ =52$

$\alpha$ Margin Contribution Unit $= 90-10-21-7-10\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ = 42$

Contribution losses $=62000\times 42 \ \ \ \ \ \ \ \ \ \ \ \ = -2604000$

Fixed cost avoidable $=102000\times 20 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ = 2040000$

The margin of Alpha contributions $=17000\times 52 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ =884000$

Fiscal benefits (disadvantage) $= 320000$

3 0

3 years ago

You earn $50,000 per year, and paid 10 percent in taxes this year. The government increased the tax rate to 20 percent for next

AleksAgata [21]

Answer:

D. $10,000

Explanation:

The answer is D because as you earn $50,000 every year, and for the next year the tax rate is 20%, 20% of $50,000 is $10,000. Hope it helps!

8 0

3 years ago

Gregory knew that he was going to have to pay a premium for buying a home in a certain area but was determined to do so because

labwork [276]

The characteristic of value that is represented here is <u>C. Situs.</u>

<h3>What is Situs?</h3>

Situs refers to the location of the property in legal terms. The location of an asset adds or subtracts value from the property. Some properties are located in urban areas where the demand is much more than in suburbs or rural areas. Such properties attract equivalent values based on their locations.

<h3>Answer Options:</h3>

A. Scarcity

B. Nolo Contendere

C. Situs

D. Caveat Emptor

Thus, the characteristic of value represented in this scenario is not scarcity, nolo contendere, or caveat emptor, but <u>Option C. Situs.</u>

Learn more about the location of a real estate at brainly.com/question/26010601

7 0

2 years ago

Why should all small business owners develop business plans even if they are not required to obtain financing?

NISA [10]

A business plan would help small business owners to know how to operate the business, achieve goals and what activities need to be conducted in case they missed anything out. It helps a business to plan out and conduct business operations.

4 0

3 years ago