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3 years ago

What factors might be considered when creating a tax that is considered fair by most people in a society? explain?

1 answer:

4 0

<span>Factors to be considered when creating a tax that is fair to people on society is income, bracket of living (poor, middle class, etc). and financial factors as so. This ensures that everyone gets a fair tax, and will be agreed upon by everybody.</span>

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Suppose the following data were taken from the 2022 and 2021 financial statements of American Eagle Outfitters. (All numbers, in

MatroZZZ [7]

Answer:

Kindly check explanation

Explanation:

Given the following :

__________________2022______2021

Current asset______871,500___972,000

Total assets______1,908,500__ 1,786,000

Current liabilities___415,000____ 360,000

Total liabilities_____ 564,916____ 528,656

Net income________197,760____ 410,590

Net cash (from OP)__322,000____ 498,600

Capital expenditures_289,000___ 290,200

Dividends paid(CS)___82,000____ 126,700

Weighted-average common shares outstanding 206,000 216,100

*(OP) = Operating activities

*(CS) = common stock

Current ratio for each year:

2022:

Current asset / current liability

$871,500 / $415,000 = 2.1 : 1

2021:

$972,000 / $360,00 = 2.7 : 1

EARNING PER SHARE :

Net income / weighted average shares outstanding

2022:

$197,760 / 206,000 = $0.96

2021:

$410,590 / 216,100 = $1.90

DEBT TO ASSET RATIO:

Total liabilities / Total asset

2022:

$564,916 / $1,908,500 = 0.296

2021:

$528,656 / 1,786,000 = 0.296

FREE CASH FLOW :

Net cash (from OP) - Capital expenditure - Dividend paid on common stock

2022:

$322,000 - $289,000 - $82,000 = - $49,000

2021:

$498,600 - $290,200 - $126,700 = $81,700

3 0

2 years ago

When a buyer’s willingness to pay for a good is equal to the price of the good, a. the buyer’s consumer surplus for that good is

igomit [66]

Answer:

a. the buyer’s consumer surplus for that good is maximized.

Explanation:

The consumer will purchase up to the moment at whose preference price matches the market price.

Because of the diminished return theory, the following unit (k+1) will have a lower benefit to the consumer thus, it will have purchased only if the price is lower. Therefore, it will not purchase as the market price is the same as the previous unit but the consumer benefit is lower.

6 0

3 years ago

when james was assigned as the product development manager, he was told to keep the existing work schedule and not stray from th

BaLLatris [955]

Global Strategy and Centralization Decisions about major financial expenditures, financial goals, legal issues, and the overall strategy of the company are typically made at the company headquarters.

Why did Meredith decide to divide her business into three segments when she first started it?

It made sense for Meredith's business to be divided into three sections when she started it:transportation, marketing, and production She believes that reorganizing the company so that each division is responsible for a distinct business area will be most effective now that the company has expanded.

What are the three elements that make up an organization's structure?

Control, culture, and structure are essential components of organizational design.The objective is to create an organizational structure that enables managers to successfully implement their chosen strategy.

Learn more about Centralization here:

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7 0

8 months ago

The financial statements of Weston Office Supply include the following items:20172016Cash $43,500 $50,000Shortminus−term Inve

aivan3 [116]

Answer:

The current ratio is 1.18 times

Explanation:

Current Ratio: The current ratio is that ratio which shows a relationship between the current assets and the current liabilities

The computation of the current ratio is shown below

Current ratio = Total Current assets ÷ total current liabilities

where,

Total current assets = Cash + short-term investments + net accounts receivable + merchandise inventory

= $43,500 + $27,000 + $102,000 + $125,000

= $297,500

And, the total current liabilities is $251,000

Now put these values to the above formula

So, the ratio would equal to

= $297,500 ÷ $251,000

= 1.18 times

The long term note payable is not a current liabilities,hence it is not considered in the computation part.

6 0

3 years ago

The GLBA gives customers the right to opt out of information sharing, and banks must provide customers with a reasonable opportu

Diano4ka-milaya [45]

Answer:

C) Asking the consumer to write his or her own letter to exercise that opt out right

Explanation:

The whole purpose behind the Gramm-Leach-Bliley Act (GLBA)was to allow customers the right to easily opt out of information sharing by the banks. That means that the banks are required to provide an easy way for a customer to do so, and writing your own letter might be easy for some people, but very difficult for others.

It is much easier to do it by phone, or by simply mailing back a detachable form. If the client knows how to use internet and emails properly, then the bank must provide an easy option to opt out through an email or an option that can be found in the bank's website.

7 0

2 years ago