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3 years ago

In a progressive tax system, who pays a greater proportion of their income in taxes?

Business

1 answer:

lys-0071 [83]3 years ago

7 0

Answer:

B. people with high incomes

Explanation:

A progressive tax system imposes high tax rates to high-income earners. In a progressive tax system, the applicable tax rates are based on income level. The higher the income, the higher the tax rate.

Low-income earners will be taxed at a lower rate, hence only a small proposition will be used for taxes. High-income earners will be taxed using a higher tax rate, meaning a bigger proposition of their income will be spent on taxes.

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Grocery stores are likely to hold ______ inventory of candies to meet the extra demand during halloween.

Degger [83]

Grocery stores are likely to hold<u> anticipation</u> inventory of candies to meet the extra demand during Halloween.

Halloween's origins may be traced returned to the historical Celtic pageant referred to as Samhain, which become held on November 1 in modern-day calendars. It become believed that on that day, the souls of the useless returned to their homes, so humans wore costumes and lit bonfires to ward off spirits.

Halloween, a contraction of All Hallows' Eve, a holiday discovered on October 31, the nighttime before All Saints' (or All Hallows') Day. The party marks the day earlier than the Western Christian dinner party of All Saints and initiates the season of Allhallowtide, which lasts three days and concludes with All Souls' Day.

Halloween Ends is an upcoming American slasher film directed via David Gordon Green and written by using inexperienced, Danny McBride, Paul Brad Logan, and Chris Bernier. it's far a sequel to 2021's Halloween Kills and the thirteenth installment within the Halloween franchise.

Learn more about Halloween here brainly.com/question/18459726

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4 0

2 years ago

a) Take a real time example of a company of your own choice working in Pakistan and then discuss the factors that lead to pressu

RUDIKE [14]

Answer:

This responsiveness also promotes the local market orientation of a subsidiary and therefore the strength of its existing network with the businessmen and government authorities.

Explanation:

Usually, firms working within the global market confront two sorts of competitive pressure. They face pressure to scale back costs and pressure to react locally. These competing forces throw a corporation into conflict. It's going to also need a corporation to supply a consistent product on the international market to downstream the experience curve as soon as feasible. In response to local pressures, however, it's necessary for a firm to differentiate its product offering and marketing strategy from one country to a different in an effort to satisfy the various demands arising from domestic consumer preferences, business practices, channels of distribution, competitive conditions and public policies. Because it's going to entail substantial redundancy and a scarcity of product standards to adapt products to varied domestic needs, the result could also be a rise in prices.

While some organizations, like Company A, face a high to scale back cost and low for the reaction of locally, while others, like Company B, face low to scale back costs and high for local reaction, many companies are within the situation of Company C. It suggests and supports three layers of variables, including environmental, structural, and organizational responsiveness. The analysis of 168 MNE companies within the People's Republic of China shows that environmental complexity and therefore the uniqueness of business culture increase local reaction. Structural variables like the intensity of competition, heterogeneity of demand and localisation of components increase local reaction.

3 0

3 years ago

Question 9 of 15

aksik [14]

Answer:

b is it I seen this before

7 0

3 years ago

In situation with high risk,credit might create further problems for the borrower.explain.

rewona [7]

Answer:

Yes, In situation of high risk credit will create more problem due to bankruptcy.

Explanation:

I Think if business will buy more credit in times of high risk then business will end up in stage of bankcruptcy because in that situation business will making poor profits and no revenue so it won't be able to pay back debt.

3 0

3 years ago

Exercise 4-9 Preparing closing entries and a post-closing trial balance LO P2, P3 The following adjusted trial balance contains

Aleksandr-060686 [28]

Answer:

Explanation:

The closing entries for the following accounts are shown below:

1. Service Revenue A/c Dr $44,000

To Income Summary $ 44,000

(Being revenue account closed)

2. Income Statement Dr $33,100

To Depreciation Expense of Equipment $3000

To Salaries Expense $22,000

To Insurance Expense $2,500

To Rent Expense $3,400

To Supplies Expense $2,200

(Being expenses accounts are closed)

3. Income summary A/c Dr $10900

To T. Cruz Capital A/c $10900

(Being the difference is credited to capital account)

4. T. Cruz, Capital A/c Dr $7,000

To T. Cruz, Withdrawals A/c $7,000

(Being withdrawal account is being closed)

The preparation of the trial balance is presented in the spreadsheet. Kindly find the attachment below:

7 0

4 years ago