1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
inysia [295]
3 years ago
12

Which word best describes the effects of income taxes as your income increases?

Business
1 answer:
nadezda [96]3 years ago
7 0
The word that best describes the effects of income taxes as the income increases is regressive. 
A regressive tax unlike progressive tax in which rates increases as the payer's income increases, it increases as the payer's income decreases. examples of regressive taxes include sales taxes, user fees among others. Regressive describes a distribution effect on income or expenditure, referring to the way the rate progresses from high to low. 
You might be interested in
On January 2, 2019, Kornis Corporation acquired equipment for $1,500,000. The estimated life of the equipment is 5 years or 90,0
tatiyna

Answer:

D) $600,000

Explanation:

The double-declining-balance method of depreciation = Depreciation factor x cost of asset

Depreciation factor = 2 x (1/useful life of the asset)

Depreciation factor = 2 / 5 = 0.4

Deprecation expense = 0.4 x $1,500,000 = $600,000

I hope my answer helps you

4 0
3 years ago
Read 2 more answers
Which senior managers may assume a greater deal of transferability between domestic and international HRM practices?
astraxan [27]

Answer: d. All of the Above

Explanation:

All the above senior managers are more likely to apply more Domestic HRM practices to make them International HRM practices when they are put into a situation where International practices will be needed.

This is because they have been with the Domestic companies for much of their time and so know more about Domestic practices than international.

The first options refers to senior managers in firms with large domestic markets. To be a senior manager demands experience in the market they are in so it is not far fetched to say that they are more knowledgeable in domestic practices than international.

The second option speaks of managers with little International experience meaning they are more likely to engage in transferability between domestic and International practices.

The third option speaks of managers who built their careers on domestic experience. They will find it hard letting go of what has brought them such success so will more likely apply domestic practices on an international scale.

7 0
3 years ago
If a cost's step-cost behavior follows very narrow steps, the costs may be approximated using:
Alex777 [14]

Answer:

The correct answer is (C) straight variable cost assumptions.

Explanation:

If the total cost increases with small increases in activity, it may be referred to as a step-variable cost.

6 0
3 years ago
Bob bought some land costing $16,390. today, that same land is valued at $46,817. How long has bob owned this land if the price
faltersainse [42]

Bob has to own his land for 18 years if the price is increasing at the rate of 6% per year.

Given that land was bought by Bob for $16390, the price is increasing at the rate of 6%, price of land today is $46817.

We are required to find the time for which Bob need to own the land so that the price of the land is $46817 today.

Compounding means calculating amount on the principal and the amount added interest.

Rate of increasing the price of land be 6%.

Price when Bob bought the land=$16390.

Price of land today=$46817.

It is like compounding of interest and the sum is calculated as under:

S=P*(1+r)^{n}

In the above equation P is theamount at beginning,r is rate of increasing and n is the number of years.

46817=16390(1+0.06)^{n}

46817/16390=(1.06)^{n}

(1.06)^{n}=2.8564

(1.06)^{n}=(1.06)^{18}  (Approximately)

From both the sides we will get n=18.

Hence Bob has to own his land for 18 years if the price is increasing at the rate of 6% per year.

Learn more about compounding at brainly.com/question/2449900

#SPJ4

4 0
1 year ago
As price falls from Pa to Pb, we could use the three demand curves to calculate three different values of the price elasticity o
elena-s [515]

Answer:

c. 03

Explanation:

3 0
3 years ago
Other questions:
  • Manny wants to be involved in a business but is not sure which type of business to join or create. He has capital to invest. He
    9·1 answer
  • Experience in the workplace builds a foundation for becoming an entrepreneur in all the following ways EXCEPT
    13·2 answers
  • Nebraska Inc. issues 2,750 shares of common stock for $88,000. The stock has a stated value of $12 per share. The journal entry
    10·1 answer
  • A country's fertility rate suggests zero population growth, but it shows an increase of 20—30 percent over 50 years. what might
    15·1 answer
  • The owner of a​ health-food store sells dried apples for ​$1.30 per​ quarter-pound, and dried apricots for ​$1.60 per​ quarter-p
    11·1 answer
  • Inventory records help determine how many items of material, components, and subassemblies need to be ordered to make the final
    15·1 answer
  • Which domain requires annual security awareness training and employee background checks for sensitive positions to help mitigate
    7·1 answer
  • The marginal propensity to consume is:
    9·1 answer
  • A decision at the marginVan is a hard-working college senior. One Thursday, he decides to work nonstop until he has answered 200
    10·1 answer
  • If you buy an investment for $800 and then sell it for
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!