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3 years ago

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.

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Cullumber Company received proceeds of $1176000 on 10-year, 6% bonds issued on January 1, 2019. The bonds had a face value of $1

Alik [6]

Answer:

$74,880

Explanation:

The computation of the amount of interest Cullumber must pay the bondholders is shown below:

= Face value of the bond × interest rate

where,

Face value of the bond is $1,248,000

And the interest rate is 6%

So, the amount of interest paid is

= $1,248,000 × 6%

= $74,880

We simply multiplied the face value of the bond with the interest rate so that the amount of interest expense could come

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3 years ago

Cleaning products applied particularly to instruments and equipment to reduce or eliminate infectious organisms are called _____

arlik [135]

Products known as disinfectant

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3 years ago

4. Malik's father recently died. His dad had an insurance

Salsk061 [2.6K]

The type of insurance money that Malik has received indicates life insurance and the correct option is D.

<h3>What is life insurance?</h3>

Life insurance is an agreement wherein a policyholder will pay everyday premiums in alternate for a lump-sum demise benefit that can be paid to the policyholder's beneficiaries. The lump-sum gain is paid while the policyholder passes away or a selected amount of time has passed.

Hence, The type of insurance money that Malik has received indicates life insurance and the correct option is D.

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7 0

2 years ago

What is the difference between important and determinant attributes in consumer purchase decision, especially when purchasing se

nasty-shy [4]

Answer:

Importance. Determinant attributes are important because consumers use them to determine from which competitor they make a purchase. ... However, they usually evaluate determinant attributes that are most important for a particular buying decision, whether its one or three attributes.

Explanation:

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3 years ago

Switching costs, the number of buyers, and if the items represent a relatively small portion of the cost of finished products ar

Murrr4er [49]

Switching costs, number of buyers, and if the items represent a relatively small portion of the cost of finished products are key considerations regarding the bargaining power of buyers.

Switching costs are the costs which are paid by a consumer as a result of switching brands, suppliers, or products. Some companies may employ high switching costs in order to prevent customers from moving to another brand.

Suppose if the customer purchases large volumes of standardized products from the seller, then the buyer's bargaining power is quite high. Also, when substitute of a product is available in the market, the buyer power increases.

Hence, most prevailing switching costs are monetary in nature.

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brainly.com/question/15561738

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2 years ago