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Anna35 [415]
3 years ago
6

3. Company with single taxation is called?

Business
1 answer:
bagirrra123 [75]3 years ago
4 0

Answer:

(a) S-Type

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

The different types of tax include the following;

1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.

2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.

3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.

A company with single taxation is called S-Type i.e sole proprietorship.

Basically, a sole proprietorship business is a type of business that is owned by a single person and as such their profits are taxed once as personal income tax.

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An investment of $6000 earns interest at 2.5% per annum compounded semi- annually for 5 years. At the that time the interest rat
slamgirl [31]

The accumulated value be $7212.10 2 years after the change.

Calculation

FV = PV × (1 + r / k) ^ {(nk)}        (here k = no. of times compounded in a year)

so, in first case

FV = 6000 × (1 + 2.5%/ 2)^{(5 . 2)}

    = $6793.62

The FV becomes PV in the second case

So, FV = 6793.62  ×  (1 + 3%/ 4)^{(2 . 4)}

          =  $7212.10  

<h3>What is accumulated value?</h3>

The sum of an investment's present holdings, including the money invested and interest accrued thus far, is known as its accumulative value. Because it refers to the whole acquired value of a whole life insurance policy, the accumulative value is significant in the insurance industry. Accumulated value, also known as accumulated amount or cash value, is determined by adding the initial investment and any interest that has already been accrued.

When the owner of a whole (or universal) life insurance policy starts making monthly premium payments, the accumulated value of the policy starts to increase for insurance reasons. These premium payments are divided into two halves by an insurance company. The first part pays for the costs of the fundamental insurance coverage. The insurance company places the second share in an internal account where it serves as a form of investment that builds cash value.

Learn more about accumulative value

brainly.com/question/24299126

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6 0
1 year ago
The discounted cash inflows of a project minus the discounted cash outflows is referred to as the _____.
Ira Lisetskai [31]

<span>The answer is net present value. It is the difference between the present value of cash inflows and the present value of cash outflows. NPV is used in capital budgeting to examine the effectiveness of a projected investment or project. A net present value that is positive stipulates that the projected earnings produced by a project or investment surpasses the anticipated costs. In general, an investment with a positive NPV will be a profitable one and the one with a negative NPV will result in a net loss. </span>

5 0
3 years ago
Natalia worked in an automobile plant. she lost her job when the plant relocated to another state.
Agata [3.3K]

Answer:

$400.65

Explanation:

Natalia's last 26 weekly salaries:

Week Salary

1 715

2 700

3 730

4 730

5 730

6 720

7 700

8 720

9 720

10 720

11 725

12 720

13 725

14 730

15 730

16 735

17 735

18 735

19 740

20 740

21 740

22 740

23 740

24 740

25 740

26 740

The total compensation for the last 26 weeks = $18,940

her average weekly salary = $18,940 / 26 = $728.46

her unemployment compensation = average weekly salary x 55% = $728.46 x 55% = $400.65

6 0
3 years ago
When Raymond and Lyle orally agreed to become general partners in a construction business, nothing was said about profits and lo
Over [174]

Answer:

The profit is shared among the partners according to the ratio given in the partnership deed.

This can be agreed in two ways according to the agreement deed:

1) The profits could be shared according to the partnership deed equally or whatever ratio is given in the deed.

2) As Lyle provides services as an architect, draftsperson, and business manager he can be paid separately  for his services . Suppose he is paid $ 50,000 then the profit can be shared after deduction of the salary in the profit sharing ratio,  which would be $ 120,000 - $ 50,000 = $ 70,000

in the ration of 3:1 then Raymond would get $ 52,500 and Lyle $ 17,500 Plus Salary $ 50,000.

4 0
3 years ago
Which type of promotion do many people considered more credible because it is less biased
Oksana_A [137]
I think the correct answer from the choices listed above is the third option. The type of <span>promotion many people considered more credible because it is less biased is a press release. A press release is said to be unbiased and should contain all information from all angles or side of a situation. Hope this helps.
</span>
6 0
3 years ago
Read 2 more answers
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