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2 years ago

What's the difference between a tax and a levy?

Business

1 answer:

cluponka [151]2 years ago

4 0

<em><u>A tax rate is the percentage used to determine how much a property taxpayer will pay</u></em>

<em> <u>A levy represents the total amount of funds a local unit of government may collect on a tax rate. In other words, the levy is a cap on the amount of property tax dollars a local government is allowed by law.</u></em>

<h2><em>hope</em><em> it</em><em> helps</em><em>!</em></h2>

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Bernie wants to go into the business of construction contracting. Among the reasons that would probably convince Bernie to set u

krek1111 [17]

Answer:

a. its greater flexibility

Explanation:

A sole proprietorship is A form of legal business structure owned by only one person. The liabilities of the owner is unlimited. It is usually flexible as decisions are made and approved by the owner.

A sole proprietorship doesn't usually have perpetual existence. It usually ends when the owner dies. It is not easy to transfer shares to other family members.

A sole proprietorship gives the owner the opportunity to be involved in the day to day running of the business.

I hope my answer helps you.

6 0

3 years ago

What is meant by standards of justice haven't always been met?

lara [203]

Answer;

We have no achieved "equal justice for all" examples. women, minorities such as blacks, gays

Explanation;

-The basic law of the state is the Standard of Justice. The state is, therefore, no more than a voluntary, meritocratic public service, headed by an elected policy directorate.

-One of the purpose of government is to establish justice; The law, in both its consent and its administration, must be reasonable, fair, and impartial. Those standards of justice have not always been met in this country.

-The belief in equality before the law is called legal egalitarianism. Article 7 of the Universal Declaration of Human Rights (UDHR) states that; All are equal before the law and are entitled without any discrimination to equal protection of the law.

4 0

3 years ago

According to Michael Porter, what are three effective competitive positioning strategies? a. focus, differentiation, and middle-

Norma-Jean [14]

Answer: D) overall cost leadership, differentiation, and focus

Explanation:

3 0

3 years ago

. Doug purchased a new factory building on January 15, 1990, for $400,000. On March 1, 2017, the building was sold. Determine th

erma4kov [3.2K]

Answer:

e. None of the above

Explanation:

Purchase Value of Machinery = $4,000,000

Life of building = 30 years

Depreciation per year (assuming no 5% residual value)

= (4,000,000 - 200,000)/30

= $ 126,667

Dep. till December 31, 2016 = 126667*21 years

= $2,660,000

Dep. till March 1, 2017 from December 31, 2016

= (122667*2)/12

= $21,111

Total Dep. till March 1, 2017 = $2,660,000 + $21,111

= $ 2,681,111

Cost of recovery deduction = $4,000,000 - $2,681,111

= $ 1,318,889

Therefore, The cost recovery deduction for the year of the sale is $ 1,318,889

6 0

3 years ago

According to Krugman, which of the following best indicates the dangers of a strategic trade policy?

Gwar [14]

Answer:

C.Occurrence of a trade war

Explanation:

Strategic Trade Policy depicts policy adopted by certain countries to effect strategic interactions between firms in an international oligopoly. These include policy instruments (export subsidy, import tariff) by trying to shift profits from international to domestic firms.It is likely to develop their firms status in international markets & raise level of domestic welfare.

Many economists are skeptical about government's analytical capacity to determine optimal amount of intervention, as per theory application. If non optimal (over protection intervention) is used, it might lead to risk retaliation by other international firms & action reaction leads to occurrence of trade (commercial) war.

8 0

3 years ago