No, a deductive strategy involves giving a general principle or rule and showing how that will apply to the current situation.
What happen bro I’ll take to. You add me on snap Jonbarro43
Answer:
the net cash used in financing activities is -$3,803,000
Explanation:
The computation of the net cash used in financing activities is shown below:
= Payment of cash dividend - payment for early retirement + proceeds from the sale of treasury stock
= -$280,000 -$3,974,000 + $451,000
= -$3,803,000
hence, the net cash used in financing activities is -$3,803,000
WE simply applied the above formula
Answer:
The tax rate is the same for all income levels.
Explanation:
A proportional tax system is a tax mechanism that applies equal rates to all income brackets. This system does not segregate based on income earned. The proportional tax system is also the flat rate system.
Since the proportional tax system applies the same rate to all taxpayers, it means that the low income, middle, and high-income earners pay tax at the same rate. The proportional tax system contrasts with other methods, such as the progressive tax system that considers income levels.
Answer:
Explanation:
Price elasticity = Percentage change in demand/Percentage change in Price
Percentage change in Q= 513-236=277/513x100 = 53.99%
Percentage change in P= 0.89-0.67= 0.22/0.67x100 = 32.83%
Ed=53.99/32.83 = 1.6
Since the price elasticity of demand is elastic so the company should decrease the price to increase revenu