Answer:
Regressive tax
Explanation:
This is an example of a regressive tax because the regressive tax is those tax that impacts more on the lower-income groups as compared to the higher income. While the progressive taxes are imposed on the basis of the income that means higher the income, higher the taxes. Secondly, the proportional taxes are a flat tax that remains flat irrespective of the income. While in the case of optional tax, there are some rebates or benefits is given to a certain income group of people. Therefore, from all the given options, the option regressive tax is correct.
Answer:
4.81%
Explanation:
Accounting rate of return is the ratio of annual profit and initial investment made on an asset or project. It is expressed in the times value.
Formula for Accounting rate of return is as follow
Accounting Rate of return = Annual Profit / Initial Investment
Initial Investment = $79,000
Annual Profit = $3,800
placing values in the formula
Accounting rat of return = $3,800 / $79,000
Accounting rat of return = 0.0481
Accounting rat of return = 4.81%
Answer:
$548
Explanation:
Calculation for the present value
Using this formula
= P / ( 1 + r ) ^ t
Where,
P represent Principal=1,000
r represent rate=12.78%
t represent Time= 5 years
Let plug in the formula
P=$1,000/(1+0.1278)^5
P=$1,000/(1.1278)^5
P=$1,000/1.825
P=$548
Therefore the present value of $1,000 to be received in 5 years is $548 if the discount rate is 12.78%.
Answer:
A.Equal Protection Laws
Explanation:
a.Equal Protection Laws
this principle guarantees equal rights and privileges to all citizens and entities under US constitution.
Whereas option c and d are concerned with criminal court proceedings and option B is of freedom of religion principle
