Answer:
Reduction in Tax Needed = $ 13.33
Explanation:
Tax Multiplier shows magnitude of change (decrease) in income due to tax change (rise) .
Tax Multiplier = ΔY / ΔT = - MPC / (1- MPC)
Given : Change in Income needed [ΔY] = 40
MPC = 0.75
Putting in formula ;
40 / ΔT = - 0.75 / (1- 0.75)
40 / ΔT = - 0.75 / 0.25
40 / ΔT = - 3
ΔT = - 40/ 3
ΔT = - 13.33
Answer:
The amount which is should be reported as an allowance for uncollectible accounts is $180,500
Explanation:
The amount for allowance for uncollectible accounts on December 31, 2021 is computed as:
Allowance for uncollectible = Gross Accounts Receivable × Percentage of uncollectible
where
gross accounts receivable amounts to $18,050,000
Percentage of uncollectible is 1%
Putting the values:
= $18,050,000 × 1%
= $180,500
Luis is using a shaping technique. When using a shaping technique with a puppy each positive behavior that is demonstrated is reinforced, behaviors that are not are not reinforced.
Or another way to say that is the Opportunity cost
