Answer: The answer is given below
Explanation:
True.
It is true that Daniel Patrick Moynihan, the late senator from New York, once introduced a bill that would levy a 10,000 percent tax on certain hollow-tipped bullets.
False.
The high rate of the tax doesn't guarantee that it will bring about a large revenue. It should be noted that due to the rise in the tax rate, the revenue of the citizens will start to decrease. Here, we are even talking about a tax rate of 10,000 percent, this is a very high rate and can even lead to the tax revenue to almost be at zero level.
Senator Moynihan have proposed the tax rate in order to discourage the use of hollow-tipped bullets. He believed due to the high rate of tax, this will discourage people from purchasing it and hence lead to reduction in crime rate and other social vices associated with gun killing.
Since this client is a valuable one, it will be Franklin's and his company's loss if the client withdraws the partnership with them. It is therefore best if Franklin would make a win-win out of the situation and do his best in doing the addiotnal task asked by the clients.
In a typical business, 80% of a company's expenses are for option C: Initial investments.
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What do you mean by term Initial investments?</h3>
An initial investment is defined as the amount of money that is required for every business in order to start the project.
The initial investment is equal to capital expenditures plus working capital requirement add after-tax proceeds.
Therefore, approximately 80% of portion of total expense is covered by payment of initial investments.
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The amount of money Shawheen deposited in his savings account increased in value because of the interest rate his account earns.
The initial deposit might have a higher purchasing power because of inflation.
When money is deposited in a savings account, the amount of money earns interest.
The value of the interest rate can be determined using this formula: interest earned / (time x amount deposited)
Interest earned = $$5,306.04 - $5,000 = $306.04
Interest rate = $306.04 / (3 x $5000) = 2.04%
Inflation is the persistent rise in the general price levels. Inflation reduces the purchasing power of money.
To learn more about inflation, please check: brainly.com/question/18072639
Answer:
D. Top management
Explanation:
The top management of a company has the duty to oversee the entire company's operation. They are also the one that make a decision which will heavily influence the company's position in the future.
A decision for company to do business with subsidiaries with another country possess a lot of risk. It tends to require a lot of investment but with equally higher return. Decision with this magnitude will most likely fall to the hands of the top managers in the company.
