1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anna007 [38]
3 years ago
11

Suppose that if your income is $100,000, your tax is $20,000, but if your income is $200,000, your tax is $45,000. Such a tax is

Business
1 answer:
Ulleksa [173]3 years ago
5 0

Answer:

"Progressive" would be the correct answer.

Explanation:

  • A Progressive tax was indeed determined by the capability of the tax authorities to charge or compensate. It wants to inflict a lower corporate rate of taxation on low-wage earners unlike those with maximum income levels.
  • This would be generally accomplished by establishing taxation levels for the group of tax-paying citizens based on income frequencies.

That is why the aforementioned seems to be the correct approach.

You might be interested in
Suppose the currency-to-deposit ratio is 0.25, the excess reserve-to-deposit ratio is 0.05, and the required reserve ratio is 0.
Lana71 [14]

Answer:

Money multiplier, MM = (1 + Currency-deposit ratio) / (Currency-deposit ratio + Excess reserve ratio + Required Reserve ratio)

(a) Initially,

MM = (1 + 0.25) / (0.25 + 0.05 + 0.10) = 1.25 / 0.4 = 3.125

(b) Currency-deposit ratio = 0.3

MM = (1 + 0.3) / (0.3 + 0.05 + 0.1) = 1.3 / 0.45 = 2.89

(c) Excess reserve ratio rises to which number? MM cannot be computed unless exact number is provided.

7 0
3 years ago
An investment advisor has a client base composed of high net worth individuals. In her personal portfolio, the advisor has an in
e-lub [12.9K]

Answer: c. recommend Torex, but she must disclose her investment in Torex to the client.

Explanation:

The investment advisor is allowed to recommend Torex to her clients as she believes that it is financially sound and undervalued which means that there is a chance for her clients to earn a good enough return.

She must however disclose to them that she has an investment in the company so that they can decide on their own if this may have biased her decision towards the company as a viable investment option.

3 0
2 years ago
Dyckman Dealers has an investment in Thomas Corporation bonds that Dyckman accounts for as a trading security. Thomas Corporatio
faust18 [17]

Answer: $20,000

Explanation:

Bonds are to be carried in the books at their fair value which is their market value. That value is $20,000 in this instance and so Dyckman Dealers will have to record the bonds at that $20,000 value.

Investment analysis are not a basis for recording bond prices. They are simply a basis for making investment decisions. For instance, because they believe that the bond is overvalued, they can benefit from this by short selling the bond and waiting for it to drop in price.

3 0
2 years ago
Philippe wants to make sure of the success of his new doggy day care, PAWS, by employing the steps in the basic planning process
Nataliya [291]

Answer:

Full Business Considerations

Efficient Facilities

A Cost-Effective Advertisement

He must Define his Services

He must outline his Service Prices

Carry out interviews for New Clients

With all of these steps being adhered to, Philippe's business will indeed be great!

6 0
3 years ago
When wages rise faster than labor productivity what happens
n200080 [17]
People either get hired to balance out how much a company is paying their employees, or the price of their priduuct increases to balance out how much money their employees are getting paid
7 0
3 years ago
Other questions:
  • Which of the following is true? Group of answer choices An excise subsidy has only a substitution effect since the subsidy artif
    14·1 answer
  • The above plot shows three fits to data a student collected in a load deflection test: linear, power function, and log-linear. t
    15·1 answer
  • CADE International has foreign operations in Taiwan, India, and China. The firm pays an annual insurance premium to the Overseas
    14·1 answer
  • What drives american free enterprise? the desire for economic equality the need to own a home the need to make a living the desi
    10·2 answers
  • Even though much of the wealth of the industrialized nations relies on the resources and markets in the developing world, that i
    15·1 answer
  • Kaleb Konstruction, Inc., has the following mutually exclusive projects available. The company has historically used a three-yea
    10·1 answer
  • Long and Short, CPAs, were auditing Island Corporation for the year ended December 31, 2014. On January 11, 2015, a major custom
    11·1 answer
  • The ________ consists of systems analysts, specialists from the relevant end-user business areas, application programmers, and p
    6·1 answer
  • Which of the following is the phenomenon where social users are concerned about privacy but their behaviors contradict theses co
    5·1 answer
  • Ked what would you do if one of the customers began making off-color jokes that other customers in the bar could hear? rosario m
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!