1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
forsale [732]
3 years ago
13

A tax structured so that people with the same income pay the same percentage of their income in taxes is called a (an)__________

__. a. flat tax. b. regressive tax. c. progressive tax. d. excise tax.
Business
2 answers:
Goshia [24]3 years ago
7 0

Answer:

c. progressive tax

djyliett [7]3 years ago
4 0

Answer:

c. progressive tax

Explanation:

Progressive tax can be regarded as one of the tax structure whereby the tax payer that receive higher incomes in the state pay a higher share of taxes from the income they made, which is different from those that receive Lower income. It is a tax system whereby when there is increase in tax rate then the taxable amount increases too. It should be noted that the tax structured where people with the same income pay the same percentage of their income in taxes is reffered to as progressive tax. wealth/property tax is one of the example of progressive tax.

You might be interested in
Hurry! #2
andreyandreev [35.5K]

Answer:

lobbyist

Explanation:

i did research! ;)

3 0
3 years ago
Schwiesow Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.05 Direct labor
patriot [66]

Answer:

The contribution margin per unit is $5.1

Explanation:

The contribution margin per unit is the amount from selling price per unit after deducting all the related variable costs per unit. This is the amount that each product contributes towards covering the fixed costs.

<u />

<u />

<u>Contribution margin per unit:</u>

Selling price per unit                              18.7

<u>Less : Variable cost per unit</u>

Direct material                                       (7.05)

Direct labor                                             (3.5)

Variable manufacturing Overhead       (1.65)

Sales commission                                  (1.00)

Variable Admin expense                     <u>  (0.40)</u>

Contribution margin per unit                  5.1

3 0
3 years ago
A manager needs to have summary sales information by product line available to her on a timely basis when purchasing decisions n
juin [17]

Answer:

Management information

Explanation:

From the question we are informed about instance, whereby A manager needs to have summary sales information by product line available to her on a timely basis when purchasing decisions need to be made. In this case, The type of information system most likely to provide this type of information would be classified as a Management information. Management information system can be regarded as a an information system that is been used in decision-making as well as in the coordination, control and analysis or visualization of information in an organization.

Studing of management information systems encompass the people as well as the processes and technology as regards an organizational context.

3 0
2 years ago
Brian and Debbie must prepare a presentation for their Statistics class. As part of their presentation, they must do a series of
andrey2020 [161]

Answer:

a. How much time would it take the two to complete the project if they divide the calculations equally and the slides equally? Briefly discuss.

Brian: 5 hours for PowerPoint and 5 hours for the calculations, total 10 hours.

Debbie: 10 hours for PowerPoint and 6 hours for the calculations, total 16 hours.

In total they would spend 26 hours combined.

If they divide the work equally, they will spend too much time.

b. How much time would it take the two to complete the project if they use comparative advantage and specialize in calculating or preparing slides? Briefly discuss

Brian will spend 10 hours doing PowerPoint slides and Debbie will spend 12 hours doping calculations. Total time spent 22 hours. By specializing they will save 4 hours.

c. If Brian and Debbie have the same opportunity cost of $5 per hour, is there a better solution than for each to specialize in calculating or preparing slides? Briefly discuss

Yes, Debbie could pay $50 to Brian so that he does everything in 20 hours. That way they can save 2 more hours.

6 0
2 years ago
Adele Corp., a wholesaler of music equipment, issued $32,700,000 of 20-year, 6% callable bonds on March 1, 20Y1, at their face a
kirill115 [55]

Answer:

20Y1

Mar 1

Dr Cash 32,700,000

Cr Bonds payable 32,700,000

Sept 1

Dr Interest expense 981,000

Cr Cash 981,000

20Y2

Sept 1

Dr Bonds payable $32,700,000

Cr Loss on Redemption of Bonds 654000

Cr Cash 33,354,000

Explanation:

Adele Corp. Journal entries

20Y1

Mar 1

Dr Cash 32,700,000

Cr Bonds payable 32,700,000

Sept 1

Dr Interest expense 981,000 ($32,700,000*6%/2)

Cr Cash 981,000

20Y2

Sept 1

Dr Bonds payable $32,700,000

Cr Loss on Redemption of Bonds 654,000

Cr Cash 33,354,000 ($32,700,000*1.02)

5 0
2 years ago
Other questions:
  • The uncontrollable issue of _____ faced by a company abroad is often amplified by the "alien status" of the company, which incre
    9·1 answer
  • A market gap is which of the following?
    6·1 answer
  • Carver Packing Company reports total contribution margin of $95,400 and pretax net income of $21,200 for the current month. In t
    9·1 answer
  • Assume the small-country model is applicable. If the world price of the product is $6 and an import quota of 400 units is impose
    11·1 answer
  • Achieving market equilibrium typically indicates what in a market?
    11·1 answer
  • Please label each scenario below as to whether or not the person is acting rationally, making choices leading to the outcome the
    14·1 answer
  • Bella wans is interested in buying a new motorcycle. she has decided to borrow the money to pay the ​$30 comma 000 purchase pric
    14·2 answers
  • Annual maintenance costs for a particular section of highway pavement are $2500. The placement of a new surface would reduce the
    6·1 answer
  • Items that regularly appear on the financial statements of Maple Park Theatres Corp. The amounts shown for balance sheet items a
    14·1 answer
  • Determine the monthly payment of a loan for $3,000 at 7. 5% interest compounded monthly for 36 months. A. $93. 32 b. $95. 40 c.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!