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KengaRu [80]
3 years ago
9

with reference to relevant legislation , case law, and secondary sources briefly explain different functions of taxation

Business
1 answer:
svetlana [45]3 years ago
8 0

Answer:

Tax is a statutory obligation to pay an amount to the state or other public body, which is imposed on a person or company on the basis of their activities, without a direct connection to consideration from the payee. The main purpose is usually to finance the public sector. The tax can also have other purposes, such as equalizing income or influencing people's actions with the help of financial incentives.

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Gut Bombs sandwich shop pays 10 workers $2,500 a month and spends $5000 on food. Usually the shop sells 3,500 sandwiches per mon
MrRa [10]

Answer:

The average product for the 10 workers is 350 sandwiches per month.

Explanation:

Average product is given by total output divided by total labor used

Total output per month = 3500 sandwiches

Total labor used per month = 10 workers

Average product = 3500 ÷ 10 = 350

Average product for the 10 workers is 350 sandwiches/month

6 0
4 years ago
if i asked a question and two people had to split the points. and i gave the question 60 points. how many points would each pers
nikklg [1K]

Answer:

30 points

Explanation:

If the question is worth 60 points, split between 2 people, it's 30.

5 0
3 years ago
A robot manufacturing company in Southeast Asia undertakes a government project to produce multi-utility robots. It requires a s
eimsori [14]

Answer: a. Computer-aided manufacturing

Explanation: A computer-aided manufacturing would help the robot manufacturing company in this regard since it can provide the required software to control the machine tools and processes needed in the manufacture of the multi-utility robots.

Computer-aided manufacturing (CAM) is defined as the use of software and computer-controlled machinery to automate a manufacturing process and is composed entirely of software that tells a machine how to make a product through the generation of toolpaths; a machinery that can turn raw material into a finished product and a post processing unit that converts toolpaths into machine languages. Computer-aided manufacturing thus provides high–speed machine tool paths that greatly minimize cycle times, reduce tool and machine wear and general improvement in quality and accuracy of cutting.

7 0
3 years ago
Read 2 more answers
After the death of her husband, Gina Baker, 35, received a check for $350,000 from a life insurance company. Gina has two small
rosijanka [135]

Answer:

b. safety

Explanation:

"it wants to make sure are taken care of in the future"

This means it prefers a safety investment.

The beta of the investment should be lower to reduce the deviation from the expected market return

The liquidity is not as important right now as the children are young. Once they start highschool or collegue Gina will need to make higer withdrawals. Plus, she want's to look into the future, this also is a clear inshight that Gina do not require liquidity right now

The market risk a global variance Gina cannot reduce the risk inherent to the market.

The business failure would be associate with safety which is a most suitable term.

7 0
3 years ago
Consider two occupations (A and B) in which people have the same skills and abilities. When employed, workers in the two occupat
Crank

Answer: The hourly wage will be higher in occupation B.

Explanation:

From the information given in the question, workers in occupations A and B possess the same skills and abilities as work for the same number of hours. The difference between both occupations is that there is stability of employment for workers in occupation A while there are seasonal layoffs in occupation B.

Due to the seasonal changes in occupation B, the hourly wage will be higher in occupation B. Workers in occupation B need to be compensated in order to overcome the layoffs and uncertainties.

8 0
4 years ago
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