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Aneli [31]
3 years ago
15

Why do we need to suffer from taxes

Business
2 answers:
Kruka [31]3 years ago
7 0

Answer:

because it is very important so we can know the answere

scoray [572]3 years ago
3 0

Answer: In addition to paying the salaries of government workers, your tax dollars also help to support common resources, such as police and firefighters. Taxes fund public libraries and parks. Taxes are also used to fund many types of government programs that help the poor and less fortunate, as well as many schools! Taxes are important to federal, state, and local governments. They are the primary source of revenue for the corresponding level of government and fund the activities of the governmental entity.

Explanation:

You might be interested in
Why have many nations chosen to use taxpayer dollars to subsidize primary, secondary, and higher education
Alona [7]

Answer and Explanation:

This is because education has a positive rate of return. Investment in Education is an investment in new knowledge which is beneficial to any country. These countries have subsidized these forms of education because they recognize that an investment in education is an investment in human capital. Which would likely increase future productivity and ability to earn money.

Education is very beneficial to the individual who gets it, but a country where it's citizens have a good level of education benefits everyone positively.

1. Better health outcomes due to breakthroughs in research.

2. Reduction in Crime rates

3. Better environment

4. Also a better government

Are reasons for using taxpayers dollars to subsidize all these levels of education.

3 0
3 years ago
he following information for Cooper Enterprises is given below: December 31, 2021Assets and obligations Plan assets (at fair val
gavmur [86]

Answer:

the amortization of Other Comprehensive Loss for 2022 is $38,370

Explanation:

The computation of the amortization of Other Comprehensive Loss for 2022 is shown below;

= (Accumulated other comprehensive loss - 10% of Projected benefit obligation)  ÷ given no of years

= ($503,700 - 10% of $1,200,000) ÷ given no of years

= ($503,700 - $120,000) ÷ 10 years

= $38,370

hence, the amortization of Other Comprehensive Loss for 2022 is $38,370

The same would be considered

7 0
3 years ago
Andrea invests $5,000 in five Epic Electronics bonds that mature in 10 years. Unexpectedly just the week after she invests, she
VladimirAG [237]

Answer:

The answer is option C. She may immediately sell the bonds but it is unclear how much money they will sell for.

Explanation:

She may immediately sell the bonds but it is unclear how much money they will sell for.

Investors who hold onto their bonds until maturity are assured of to receive the face value of the bond. In our case, if Andrea would have chosen to hold her $5,000  bond investment for 10 years, she would have been assured the  bonds face value, however since she prefers to use the cash to work abroad, she can sell the bonds immediately.

Selling a bond before it's maturity date can either be beneficial or detrimental. This depends on the value of the bond at the time of sale. If at the time of sale the bond would have gained value, then the bond will sell at a higher price than when it was bought. On the other hand, if the bond at the time of sale has lost value, then the bond will sell at a lower price than the price which it was bought.

In our case, the best option for Andrea would be to sell the bonds immediately, since she really needs the cash. If it happens that at the point at which she sells the bonds they will have gained value, then she will have more than $5,000 cash, however, if at the point she decides to sell the bonds they will have lost value, then she will have less than $5,000 depending on how much value was lost from the time she bought the bonds and the time she sold the bonds.

4 0
3 years ago
When workers negotiate as a group with employers, they are engaging in ____.
Jlenok [28]

Collective Bargaining

3 0
4 years ago
On June 1, Norma Company signed a 12-month lease for warehouse space. The lease requires monthly rent of $550, with 4 months pai
Sati [7]

Answer:

Balance = $1,650

Explanation:

As Norma company has paid 4 months rent in advance, therefore at the end of June, norma company will record its 1-month expense as follows

Adjusting entry at the end of June would be

                             DEBIT       CREDIT

Entry

Rent Expense     $550

Prepaid Rent                         $550

The balance on Norma's prepaid expense would be

Prepaid Rent  = $2200

Rent Expense = ($550)

Balance = $1,650

7 0
4 years ago
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