Answer:
flat tax is a set percentage that dies not change
graduated tax changes according to the amount being taxed. usually, the higher the amount, the higher the tax rate is.
The status dropout rates measures the percentage of individuals who are not enrolled in a certain class or who does not have any school credentials. In the U.S by the year 2008 there was approximately 3.0 million drop out at ages 16 through 24 years old, all were living in United States.
Answer:
Interest paid in cash in 2018 = $0
Interest recognized on the Income statement = $1,800
Liabilities recognized = $90,000
Amount paid for Principal and interest = $93,600
Interest reported on 2019 Income statement = 1800
Explanation:
Interest paid in cash in 2018 is zero because interest and principal were paid in cash on the maturity date.
Interest recognized in 2018 = 90000*0.08*3/12 = $1800
liabilities are recognized at original amount because the interest is not capitalized and no payment made thus far.
Amount paid on maturity date is 93,600 ( 90000 principal, 3600 interest)
interest reported is for three months jan - march
I believe the correct answer would be option A. The government regulate natural monopolies by ensuring and overseeing one supplier. A natural monopoly would happen when a largest manufacturer of a certain industry would have a very big gap as compared to other competitors. These industries are being regulated so as to minimize monopolization and to maintain the competitive equality between industries. Monopolies are mainly being governed by antitrust laws on a national level and on an international level. The ways that the government is regulating are establishing average cost pricing, price ceiling, Rate of return regulations and taxation laws.
Answer:
$208
Explanation:
Using the FIFO Inventory method, inventory items are assumed to be sold in the order in which they were purchased from the earliest to the latest.
The order of purchase of the inventory items are.
Jun. 1, DVD Player 1012, $113
Nov. 1, DVD Player 1045, $95
Nov. 31, DVD Player 1056, $88
Therefore, if two of the three items are sold, the cost of goods sold is the cost of the first two items purchased
= 113 + 95 = $208.
