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Nimfa-mama [501]
2 years ago
10

First, briefly explain the difference between direct and indirect taxation, and give an example of each. Then, define the three

types of taxation that determine the rate people pay: proportional, progressive, and regressive. (4 points)
Business
2 answers:
Gelneren [198K]2 years ago
4 0

Answer:

it has other price po if u said like 1 pesos for 1 piece

Explanation:

stick o has a true price in the market but u can allow others to buy it for 1 pesos in 1 piece

Aleks04 [339]2 years ago
3 0

Answer:

Direct taxes: These taxes have to be paid directly to the government and cannot be transferred to anyone else. Different acts govern these taxes.

Indirect taxes: These taxes are imposed on all the goods and services, and not on income and profits. It is collected by a retail store or an intermediary from the consumer or one bearing the ultimate burden of the tax.

Explanation: position Imposed on income or profits(direct) Imposed on goods and services

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Mary is a shareholder in CarrollCo, a calendar year S corporation. At the beginning of the year, her stock basis is $10,000, her
Troyanec [42]

Answer:

AAA = (8000)

STOCK BALANCE = 0

AEP = 2000

Explanation:

-----------------AAA-------- stock basis---------AEP

Beg. Bal--- 2000 - - - - 10,000 - - - - - - 6,000

Distribution (2000) - - - - (2000) - - - - - (4000)

Balance - - - 0 - - - - - - - 8000 - - - - - - 2000

LTCG - - - 2000 - - - - - 2000 - - - - - - - - 0

Balance - -2000 - - - - - 10,000 - - - - - - 2,000

Loss - - - (10000) - - - - (10000) - - - - - - - 0

Ending - - (8000) - - - - - 0 - - - - - - - - - 2000

ENDING BALANCE :

AAA = (8000)

STOCK BASIS = 0

AEP = 2000

Beg. bal = beginning balance

LTCG = Long term capital gain

3 0
4 years ago
At his death, on January 1, 2017, Morris owned shares of ABC Corporation common stock, with a fair market value of $50 per share
Zepler [3.9K]

Answer:

$40

Explanation:

If the beneficiary appoints to use the items with different date to measure the estate of the deceased, the share price shall be the price at the time six months after passing, if the property has been previously sold. In this scenario, the FMV on the original sale, $40.

4 0
3 years ago
Suppose you have been tasked with regulating a single monopoly firm that sells 50-pound bags of concrete. The firm has fixed cos
Westkost [7]

Answer:

Refer explanation

Explanation:

A. Average total cost (ATC) is the total cost divided by the number of units sold. It is unlikely to increase. This is especially because as more output is produced, fixed costs are spread over a larger number of units. Thus, the fixed cost per unit falls. The firm is also likely to exploit economies of scale (falling average costs due to rise in output). Thus, this is a decreasing cost industry.

B. The firm should charge $4 since the marginal cost i.e. the cost of producing an additional unit of output is $4. At this price, the firm would make a loss of $30 million since the price is enough only to cover the variable costs. It would not be able to cover the fixed costs of $30 million. The difficulty to make profits and the loss made would discourage the firm, causing it to exit the industry.

C. Profit = Total Revenue - Total Costs.

At price $5, total revenue = $5 x 30 million = $150 million. Total costs includes both variable and fixed costs. Fixed cost as provided is $30 million. Variable costs = $4 x 30 million = $120 million. Hence, total costs would be = $30 million + $120 million = $150 million. Profit/loss = $0 (150 million - 150 million). The firm is at the break-even point where TR is equal to TC and makes neither a profit nor a loss.

D. At 40 million bags demanded for $5, the total revenue would be = $5 x 40 million = $200 million. The total fixed cost would remain the same as provided in the question ($30 million). Total variable costs would now be $40 million x $4 = $160 million. Thus, the total costs are $160 million + $30 million = $190 million. Profit = $200 million (Total Revenue) - $190 million (Total Costs) = $10 million

E. The fair rate of return is the point where the economic profit is zero ($0). In order to identify the price, the costs are important. The firm’s fixed costs would remain as 30 million. The variable costs would be 40 million x $4 which is $160 million. The total cost would thus be $160 million + $30 million = $190 million.

It is important to then identity the total revenue. TR is equal to P x 40 million. This can then be substituted in the profit equation in order to obtain the price.

Profit = TR - TC

0 = 40P - $190 million

$190 million = 40P

P = $190 / 40

P = $4.75

8 0
4 years ago
Match the role with the correct example of someone playing that role.
Dmitry [639]

Answer:

  Role                                  Example

  • Worker              →          Auto mechanic
  • Consumer         →          Car owner
  • Producer           →          Factory owner

Explanation:

Three types of economic<em> roles</em> are <em>consumers, producers, and workers.</em>

The role of the <em>consumer</em> is to buy the goods and services. The sum of the consumptions of a good or a services constitute the demand of the product. Thus, the consumer purchases and use the products, which is a car owner does.

The role of the <em>producer </em>is to produce the good and services. The sum of the quantities produced of a good or service by the different producer of a same product constitute the supply of the product. Thus, the producer posseses the assets to make the products available, which is what a factory owner represents.

The <em>worker</em> puts the labor. The workers are an essential part of an economy too, such as the consumers and the producers,  because they make the goods or service by their own work. The auto mechanic, who works fixing cars, is an example of a person playing the role of worker.

5 0
3 years ago
Read 2 more answers
According to the value chain business model, what are the various strategic decisions that a business can make?
mixas84 [53]

Answer:

According to the value chain business model, what are the various strategic decisions that a business can make?

According to the value chain business model,(blank) a. Horizontal b. Forward c. Vertical

integration involves a business taking over a competitor that operates at the

same stage in the value chain.

(Blank) a. Horizontal b. Backward c. Forward Integration refers to a business's expansion in previous stages of a value chain.

Explanation:

3 0
3 years ago
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