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Virty [35]
3 years ago
8

What would happen if a state or municipality suddenly lost its tax base? Explain if this would have any impact on it's cost of b

orrowing funds. Why?
Business
1 answer:
Yuri [45]3 years ago
3 0

Answer:

Following are the responses to the given question:

Explanation:

The tax base seems to be the amount that is added to both the income tax, that is which tax rate is the percentage of national economy collected as just a tax. Consequently, it is important to find an income tax that understands the tax base.

Whether this amount of tax would pay is not declared or decided if the state or city suddenly loses its local economy.

Impact mostly on the cost of credit

Its cost of debt before tax rebate funds = interest amount on the debt – any reduction in income tax which rose because of deductible profits. The costs of lending are real games calculated in anticipation of tax, however, the difference is DEDUCTIBLE in INTEREST EXPENSES.

This tax rate also increases the cost of lending and gives more income protection.

It's because when taxes become available, the company can save money on tax returns as it ultimately removes some profits.

Conclusion:

However it is lost about the tax base, however, the judgment could not be made afterward the amount to borrow as debt could be evaluated of that "TAX REVENUE OFFSET."

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Implied contracts can be formed through an employer's representation of ________. fair performance appraisal fair compensation c
devlian [24]

Answer:

state

Explanation:

Because it better

5 0
4 years ago
A product sells for $275 per unit, and its variable costs are 68% of sales. The fixed costs are $345,600. What is the break-even
OleMash [197]

Ratio of contribution margin = ($275 - $187)/$275 = 32%

Break-even point in sales dollars = $345,600/0.32 = $1,080,000.

<h2>What is Break-even point?</h2>

The amount (total sales revenue) or output level (total units produced) at which a business has recouped all variable and fixed costs is known as the break-even point.

  • As a result of Total Cost Equals Total Revenue, there is no profit or loss at break-even.
<h3>How do you determine the break-even point in sales volume?</h3>

Three values must be known in order to calculate a company's breakeven threshold in sales volume:

  • a fixed price: Rent is one example of a cost that is not related to sales volume.
  • varying expenses costs, such as the price of producing the good, that are based on sales volume
  • Price at which the product is sold.

learn more about breakeven point at: <u><em>https://brainly.in/question/31484328?msp_srt_exp=6&referrer=searchResults</em></u>

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7 0
2 years ago
Read 2 more answers
Bunk stores has requested a quote for a special order of bubbs. this order would not be subject to any corporate allocation (and
Nezavi [6.7K]

The minimum price that this order could be offered is at cost. Since there are no cost figures in this question, this is the best answer I can give.

You would need to at least sell the item for the amount of money it cost you to make, assemble, and ship the product.

7 0
4 years ago
The owner of a successful restaurant has gotten bored with his business. He
marta [7]

Answer:

my best guess would be C.

5 0
3 years ago
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The introduction of automatic elevator equipment allowed firms to handle the movement of people in a multistory building at less
ad-work [718]

Answer:

The marginal product of automatic elevator equipment divided by its price was greater than that for elevator operators

Explanation:

Since in the question, it is mentioned that the automatic elevator introduction permit the firms to handle the movement of the people at least cost also it declines the demand for the operators of the elevator

This represents that the marginal product of elevator equipment would be divided by price and also it is more than for operators who are dealing in elevators

5 0
4 years ago
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