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Setler79 [48]
2 years ago
8

4. Tim moves to a different state and buys a house in his new city. His new house is bigger than the apartment he lived in befor

e, so he also buys new furniture. His property taxes are higher for his new house, but sales tax he pays on his new furniture is lower. Which of these taxes is progressive, and which are regressive? What is the difference between a progressive and a regressive tax? (8 points)
Business
1 answer:
Rufina [12.5K]2 years ago
3 0

Answer:

Property tax is progressive

Sales Tax is regressive

A progressive tax is one that takes a higher proportion of revenue from high-income people than it does from low-income people. A regressive tax is one that takes a higher percentage of low-income people's income than it does from high-income people.

Explanation:

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Albert purchased a tract of land for $140,000 in 2016 when he heard that a new highway was going to be constructed through the p
Darina [25.2K]

Answer and Explanation:

Albert cannot claim any loss during 2019.

The sale of the property is necessary to claim the loss of depreciation on any type of movable or immovable property. In the following case, Albert is not selling his property due to which he cannot claim any loss, hence Albert's current year's loss claim will be zero.

8 0
3 years ago
The firm receives an average of $20,000 in checks per day. The weighted average delay in clearing the checks received is 3 days.
katrin [286]

Answer:

<u>$26000</u>

Explanation:

from the question;

check per day; 20000

delay: 3 days

checks to pay suppliers; 17000

clearing time 2 days

<u>we first calculate collection flaot:</u>

collection flaot = average amount of check x outstanding days

= 20000 x 3

= 60000

now we have to calculate <u>disbursements float:</u>

average amount of check x days to clear

= 17000 x 2

= 34000

with these two values we can get the net float

= collection flaot - disbursements float

= 60000 - 34000

= <u>$26000</u>

5 0
3 years ago
A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured
Dennis_Churaev [7]

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured as a ________ organization.

A. Functional

B. Balanced matrix

C. Weak matrix

D. Strong matrix

E. Project

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured using<u> Project organization.</u>

Answer: Option E

<u>Explanation:</u>

Projectized or Project organization as the name suggests, focus on the projects and various process related to those projects. Project organization is different from the rest of the organizations in a sense that it works as a separate unit.

In this type of organizational structure the project manager is on the top and he is the sole decision maker regarding all the projects. The rest of the team members report to the project manager, whereas the roles and responsibilities are divided amongst the members.

4 0
3 years ago
Procter &amp; Gamble recently introduced Pampers Rash Guard. Rash Guard does not represent a new product per se; rather, the dia
elena-14-01-66 [18.8K]

Answer:

<u>A continuous innovation.</u>

Explanation:

In this question, we can consider that the company Procter and Gambler used when launching the Pampers Rash Guard, a strategy of continuous innovation, as this is not a new product in itself, but an alternative to ordinary pampers diapers.

Continuous innovation can be defined as a strategy used by companies, mainly a large company like P&G, so that the company has a greater positioning in the market and with this the company becomes the market leader, as it already offers a product recognized as diapers Pampers and yet creates an innovation for diapers, so that it can reach a greater number of consumers and attest to its positioning of an innovative and updated company, which always seeks improvements for products that are already recognized as products of value and quality for the consumer.

3 0
3 years ago
Describe five ways in which Consumers can have an impact on the environment?<br>​
atroni [7]

Answer:

When They makes their customers feel happy about their prices of their products

When they always makes sure they have all the products customers want and with suitable prices

5 0
2 years ago
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