Answer:
B. A tax that charges more to those with lower incomes
Explanation:
A regressive tax imposes a heavy tax burden on low-income earners. In practice, a tax system that applies a uniform rate regardless of income level is regressive.
Low-income earners use most of their income on basic needs such as food, clothing, and shelter. Any amount deducted from their pay has a significant impact on their ability to spend on these basic items. On the other hand, high-income earners will continue living comfortably even if a percentage of their income is deducted as tax. Due to their high income, a percentage deduction does not affect their lifestyle.
A regressive tax causes financial strain on low-income earners but has no impact on the wealthy. It is contrasted by a progressive tax system, which imposes tax depending on the income le
Answer:
$17,300
Explanation:
The retained earnings represents the amount paid to the shareholders out of the net income. The net income/loss balance over the period of existence of the company gives the retained earnings balance.
As such, a net income increases the retained earnings, a net loss reduces it. Dividend declared and paid decreases the retained earnings account balance.
For retained earnings,
Opening balance + Net income - Dividend declared = Closing balance
$23,100 + $18,400 - Dividend declared = $24,200
Dividend declared = $23,100 + $18,400 - $24,200
= $17,300
Category is the default view in all modern versions of Windows. Selecting "Large icons" or "Small icons" is the equivalent of the classic list item view from Windows XP. ... The classic Windows XP list item view is now used by the Control Panel, regardless of whether you use Windows 7, Windows 8.1 or Windows 10
The chief financial officer can send the Financial report without worrying that someone else will access it by encrypting the report, with accessible key only known by the chief financial officer and President.
Usually, there are situation when a third party (like the President assistant) can assess his mails through delegation , therefore, the chief financial officer needs to ensures the financial report are not accessible by him
Therefore, the chief financial officer can send the Financial report without worrying that someone else will access it by encrypting the report, with accessible key only known by the chief financial officer and President.
In conclusion, encryption of the financial report is the best way to ensure others does not have access to it.
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