Eliminating double-taxation would likely:________.
a. raise saving and primarily benefit people with lower incomes.
b. raise saving but primarily benefit people with higher incomes.
c. reduce saving but primarily benefit people with lower incomes.
d. reduce saving and primarily benefit people with higher income.
Answer:
a. raise saving and primarily benefit people with lower incomes.
Explanation:
Double taxation may be defined as the tax system where the tax is levied twice on the income. It is the tax principle refers to tax income that is paid twice on same source of income. It pronounced a negative economic impact, mainly on the wages. Thus eliminating the system of double taxation would ensure more savings and it will people with lower wages or incomes.
A tax is a government group's compulsory financial charge or other types of levy imposed on a customer to finance government spending and related public expenses.
Failure to pay taxes on time, as well as avoidance or resistance to taxation, are all illegal.
The correct answer is a. raise saving and primarily benefit people with lower incomes.
Option a. raise saving and primarily benefit people with lower incomes are correct because Double taxation is a tax structure in which the same amount of money is taxed twice. It is a tax theory that applies to earnings taxed on the same source of income.
It had a detrimental economic impact, particularly on salaries. Eliminating a double tax structure would result in more savings for persons with lesser earnings or incomes.
To know more about double taxation, refer to the link below:
https://brainly.com/question/18907731
right decision in right time get success in our life?
Answer:
You are the only person who get's to decide if you are happy or not- Do not put you're happiness into the hands of someone else. Do not make it contingent their acceptance of you, or there feelings for you. At the end of each day , it doesn't matter if someone dislikes you, or if someone doesn't want to be with you. All that matters is that you are happy with the person you are becoming. All that matters is that you like yourself, that you are proud of what you put out into the world. Never forget that you are in charge of you're joy, and of you're worth. You get to be you're own validation. Please never forget that!
Compute the amount that a $42,000 investment today would accumulate at 11% (compound interest) by the end of 6 years.
Answer:
FV= $78,557.41
Explanation:
Giving the following information:
Initial investment (PV)= $42,000
Interest rate (i)= 11% = 0.11
Number of periods= 6 years
To calculate the future value (FV), we need to use the following formula:
FV= PV*(1+i)^n
FV= 42,000* (1.11^6)
FV= $78,557.41
Forrester Company is considering buying new equipment that would increase monthly fixed costs from $120,000 to $140,000 and would decrease the current variable costs of $80 by $10 per unit. The selling price of $120 is not expected to change. Forrester's current break-even sales are $240,000 and current break-even units are 2,000. If Forrester purchases this new equipment, the revised break-even point in units would:
Answer:
Break-even point in units= 2,800
Explanation:
Giving the following information:
Fixed csots= $140,000
Unitary variable cost= 80 - 10= $70
Selling price per unit= $120
To calculate the new break-even point in units, we need to use the following formula:
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 140,000 / (120 - 70)
Break-even point in units= 2,800
dover compnay deposits 30000 with second national bank in an account earning interest at 5% per annum semi annualy. how much will dover have in the account after 5 years if interest is reinvested
Answer:
$38,402
Explanation:
Calculation for How much will Dover have in the account after five years if interest is reinvested
First step is to use Financial calculator to find
the Future value factor of (2.5%, 10 years)
Future value factor of (2.5%, 10 years)=1.28008
Now let calculate Future value using this formula
Future value = Principal *Future value factor
Let plug in the formula
Future value= $30,000 * 1.28008
Future value=$38,402
Therefore How much will Dover have in the account after five years if interest is reinvested is $38,402
Heridan Company is considering the following alternatives: Alternative AAlternative B Revenues$64000$72000 Variable costs 38400 38400 Fixed costs 10000 16000 What is the incremental profit?
Answer:
$2,000
Explanation:
To get the incremental profit, we would compute the profit for each alternatives and then subtract .
Alternative A
Incremental profit
= Revenues + Variable costs - Fixed costs
= $64,000 + $38,400 - $10,000
= $92,400
Alternative B
Incremental profit
= Revenues + Variable costs - Fixed costs
= $72,000 + $38,400 - $16,000
= $94,400
Incremental profit = Alternative B - Alternative A
Incremental profit = $94,400 - $92,400
Incremental profit = $2,000
On April 1, year 1, Mary borrowed $240,000 to refinance the original mortgage on her principal residence. Mary paid 3 points to reduce her interest rate from 6 percent to 5 percent. The loan is for a 30-year period. How much can Mary deduct in year 1 for her points paid?
a) $240.
b) $180.
c) $5,400.
d) $7,200.
Answer:
b) $180
Explanation:
The answer to this question is option d, below is how I came up with this solution.
Loan period = 30 years
Amount borrowed = $240,000
3 points = 3 percent = 0.03
$240,000 x 0.03 = $7,200
9/360 = 0.025
7200 x 0.025
= 180 dollars.
From these calculations above, Mary can deduct 180 dollars in year 1 for her points paid
Explain the actions the FED should take if it wanted to move from a point on the short-run Phillips curve representing high unemployment and low inflation to a point representing lower unemployment and higher inflation.
Answer:
The short run Phillips curve states that there is an inverse relationship between unemployment and inflation in the short run.
Since unemployment is high and the inflation rate is low, in order for the FED to decrease unemployment and increase inflation it must decrease the interest rate. That way, the economy should kick off and start growing which should decrease unemployment and at the same time will increase inflation.
The functions of a business, whether large or small can be divided into four basic types. Which of the following is NOT a basic type of function?
ved out of
Select one:
a. Marketing
b. Admin
c Production/Operation
d. Human Resource
Answer:
b. Admin
Explanation:
The functions of any business organization are usually split into different departments or work areas. The departments or work areas are the same as functional areas. Each of the functional areas performs specific tasks that help the organization achieve its objectives.
The main functional areas present in all businesses are:
1. Marketing
2. Human resources
3. Operations
4. Finance
Brace Corporation uses direct labor-hours as the cost driver in its normal costing system. Brace budgeted that it would use 21,600 direct-labor hours during the year. At the end of the year, actual direct labor-hours for the year were 20,400 hours, the actual manufacturing overhead for the year was $506,920, and Brace had $20,440 of underapplied overhead. The budgeted manufacturing overhead must have been: Round to the nearest dollar.
Answer:
total estimated overhead costs for the period= $515,095.2
Explanation:
First, we need to calculate the allocated overhead:
Under/over applied overhead= real overhead - allocated overhead
20,440 = 506,920 - allocated overhead
allocated overhead= $486,480
Now, we can determine the predetermined overhead rate:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
486,480= Estimated manufacturing overhead rate*20,400
Estimated manufacturing overhead rate= 486,480/20,400
Estimated manufacturing overhead rate= $23.847 per direct labor hour
Finally, the estimated overhead for the period:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
23.847= total estimated overhead costs for the period/21,600
total estimated overhead costs for the period= 21,600*23.847
total estimated overhead costs for the period= $515,095.2
Tell me about a time when you made a mistake.. How did you find it and what did you do to correct it?
Answer:
When I first became an assistant manager of a sales branch, I tried to take on everything myself, from the day-to-day operations of the branch to making all of the big sales calls. I quickly learned that the best managers know how to delegate effectively so that work is done efficiently. Since then, I have won numerous awards for my management skills, and I believe a lot of this has to do with my ability to delegate effectively.
How much money should be deposited today in an account that earns 3 %compounded semiannually so that it will accumulate to $ 13,000 in three years?
Answer:
PV= $11,889.05
Explanation:
Giving the following information:
Future Value (FV)= $13,000
Number fo periods (n)= 3*2= 6 semesters
Interest rate (i)= 0.03/2= 0.015
To calculate the initial deposit, we need to use the following formula:
PV= FV/(1+i)^n
PV= 13,000 / (1.015^6)
PV= $11,889.05
Kim's Bridal Shoppe has 10,200 shares of common stock outstanding at a price of $36 per share. It also has 215 shares of preferred stock outstanding at a price of $87 per share. There are 520 bonds outstanding that have a coupon rate of 5.5 percent paid semiannually. The bonds mature in 17 years, have a face value of $1,000, and sell at 93 percent of par. What is the capital structure weight of the common stock?
Answer:
26.43 %
Explanation:
The Capital Structure is based on the Market Weight of the Sources of Finance as shown below :
Equity market value = Number of shares × price/share
Equity market value = 10,200 × $36
Equity market value = $367,200
Current debt value = Number of bonds × price/bond
Current debt value = 520 × (1930)
Current debt value = $1,003,600
Preferred stock value = Number of shares × price/share
Preferred stock value = 215 × $87
Preferred stock value = $18,705
Total capital = Common equity value + Debt value + Preferred stock value
Total capital = $367,200 + $1,003,600 + $18,705
Total capital = $1,389,505
Weight of Equity = Equity value / Total capital
Weight of Equity = $367,200 / $1,389,505
Weight of Equity = 26.43 %
Asset C3PO has a depreciable base of $16.5 million and a service life of 10 years. What would the accumulated depreciation be at the end of year five under the sum-of-the-years'-digits method?
A. $ 4.5 million.
B. $8.25 million.
C. $ 12 million.
D. None of these is correct.
Answer:
C. $12 million.
Explanation:
The computation of the accumulated depreciation be at the end of year five under the sum-of-the-years'-digits method is given below:
Accumulated depreciation is
= $16.5 million × [(10 + 9 + 8 + 7 + 6) ÷ 55]
= $12 million
hence, the accumulated depreciation be at the end of year five years is $12 million
Therefore the correct option is c.
A coupon on a 2-liter bottle of Pepsi, offering $1.00 off on a bag of potato chips, is which type of coupon:_____
a. cross-ruffing
b. scanner-delivered
c. response-offer
d. instant-redemption
Answer: a. cross-ruffing
Explanation:
Cross-ruffing coupons are coupons that are offered to a person buying a good on another good to encourage them to buy that other good as well. These are usually offered on goods produced by the same company or companies that have a relationship with each other.
They are a brilliant marketing ploy to result in one relating goods to another to boost sales. Offering a coupon on a bag of potato chips upon buying a bottle of Pepsi is there a cross-ruff coupon.
Andrews Corp. ended the year carrying $46,369,000 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would it have brought to Andrews Corp.?
a. $264,018,840
b. $191,318,000
c. $67,711,000
d. $104,076,000
Answer: $46,369,000
Explanation:
At the end of the year, all the costs associated with inventory and operations have been dealt with in the income statement.
This means that if the entire inventory were sold at current prices which is $46,369,000, the addition to revenue will be what the goods were sold for which is the current price.
Options do not have this answer but that is it.
A perpetual bond with a par value of $1,000 and a coupon rate of 7.75% has a current market price of $900. What is its yield to maturity
a. 9.32%
b. 8.33%
c. 7.92%
d. 9.45%
e. 8.61%
Answer: e. 8.61%
Explanation:
This is a perpetual bond so the price is calculable by;
Price = Coupon / Yield to Maturity
Coupon = 7.75% * 1,000
= $77.50
900 = 77.50/ YTM
900 * YTM = 77.50
YTM = 77.50/900
= 8.61%
A monopolist can sell 15 toys per day for $12.50 each. To sell 16 toys per day, the price must be cut to $12.20. The marginal revenue of the 16th toy is:_________.A. $12.20.B. $-0.30.C. $7.70 .D. $16.
Answer:
A monopolist can sell 15 toys per day for $12.50 each. To sell 16 toys per day, the price must be cut to $12.20. The marginal revenue of the 16th toy is:_________.
A. $12.20.
Explanation:
For this monopolist, the marginal revenue is the incremental revenue which it generates from each additional unit of sales. It can also be expressed as the rate at which total revenue changes from what it was before now. In this case, the additional revenue that the monopolist will get from selling one additional unit is $12.20. It is the additional revenue that the monopolist gets for the 16th item.
Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receivable$40,000 $36,000 Merchandise inventory$28,000 35,000 Net sales 190,000 186,000 Cost of goods sold 114,000 108,000 Total assets 425,000 405,000 Total shareholders' equity 240,000 225,000 Net income 32,500 28,000 Hulkster's 2021 profit margin is (rounded): 17.1%. 13.5%. 4.5%. 7.6%.
Answer:
Hulkster's 2021 profit margin is:
17.1%.
Explanation:
a) Data and Calculations:
2021 2020
Accounts receivable $40,000 $36,000
Merchandise inventory $28,000 35,000
Net sales 190,000 186,000
Cost of goods sold 114,000 108,000
Total assets 425,000 405,000
Total shareholders' equity 240,000 225,000
Net income 32,500 28,000
Profit margin = net income/net sales * 100
= $32,500/$190,000 * 100
= 17.1%
b) The profit margin of 17.1% indicates that Hulkster Company has generated an income of 17.1 cents for each dollar of sales. It shows the company's income performance with relation to the net sales revenue. It is a ratio of the net income expressed as a percentage of the sales.
Please tell me the right answer.. if i fail one semester, and i pass the other, then do i pass the grade? Please tell me i need to know :\
Answer:
okay whats the question I help you
Explanation:
also i need help with my math hw too lol
Consider an asset with a beta of 1.2, a risk-free rate of 4.4%, and a market return of 12.4%. What is the reward to risk ratio?
Answer: 8%
Explanation:
Reward to risk ratio = (Expected return - Risk free rate) / Beta
Expected return = Risk free rate + Beta * ( Market return - Risk free rate)
= 4.4% + 1.2 * (12.4% - 4.4%)
= 14%
Reward to risk ratio = (14% - 4.4%) / 1.2
= 8%
The expected rate of return on Rewind Industries is 2.5 times the 12 percent expected rate of return from the market. What is Rewind's beta if the risk-free rate is 6 percent
Answer:
beta = 6
Explanation:
the CAPM formula is:
Required return = risk free + (beta x market premium)
market return = 12% = 6% x (1 x 6%)
risk premium = 12% - 6% = 6%
required return = 12% x 2.5 = 30%
risk free = 6%
beta x market premium = 30% + 6% = 36%
beta = 36% / 6% = 6, which means that this stock is very risky and very volatile
Bonita Company's inventory records show the following data:
Units Unit Cost
Inventory, January 1 10900 $8.00
Purchases: June 18 8700 8.10
November 8 5700 5.00
A physical inventory on December 31 shows 5700 units on hand. Under the FIFO method, the December 31 inventory is:_______
Answer:
$28,500
Explanation:
FIFO will give the same result whether you use perpetual or periodic system.
Ending Inventory = Units Left × Earliest Price
Therefore,
Ending Inventory = 5700 units × $5.00
= $28,500
Jeremiah Corporation purchased debt securities during 2021 and classified them as securities available-for-sale:
Security Cost Fair Value, 12/31/2021
A $40,000 $49,000
B 70,000 66,000
C 28,000 39,000
All declines are considered to be temporary. How much gain will be reported by Jeremiah Corporation in the December 31, 2021, income statement relative to the portfolio?
Answer:
$0
Explanation:
unrealized holding loss = ending value - initial value = ($49,000 + $66,000 + $39,000) - ($40,000 + $70,000 + $28,000) = $109,000 - $138,000 = -$29,000 unrealized loss
Unrealized holding gains/losses on available for sale securities are not reported in the income statement.
The owner of a real estate office prepared a cash flow budget for the coming month. The beginning cash balance was $1,500.
Projected revenue and costs are:
• revenue of $5,000
• supply costs of $1,000
• staff payroll of $2,500
• rent of $1,000
• insurance of $100
Match the dollar amount to the correct line item on a cash flow budget:
non
Answer:
I need to put middle school mode on
If a trader buys an option at an implied volatility of 10%, and plans to delta hedge it, over the life of the option she hopes realized volatility will be:
Answer:
b. lower than 10%
Explanation:
Missing word "a. higher than 10%, b. lower than 10%, c. if its three month option then she hopes its 10/3, d. irrelevant where realized will be"
If a trader buys an option at an implied volatility of 10%, and plans to delta hedge it, over the life of the option she hopes realized volatility will be lower than 10%. When hedging implied volatility through delta hedging is done, it means that the trader is expecting that volatility will decline and it has taken the position on the the downside of the implied volatility as it is reflected by the delta hedging. Delta hedging is not about betting on the upside of implied volatility.
If Canace Company, with a break-even point at $312,000 of sales, has actual sales of $400,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales?
Answer:Margin of safety expressed in dollars=$88,000
Margin of safety as a percentage of sales =22%
Explanation:
Margin of Safety is the sales greater the break-even point that helps businesses gauge and prevent a loss. A Higher Margin of Safety is preferred as it limits the risk of businesses making loss
Margin of safety expressed in dollars= Total actual sales - break-even point of sales
$400,000 - $312,000
=$88,000
Margin of safety as a percentage of sales =Margin of safety/ Actual sales x 100
$88,000/ $400,000 x 100
0.22 x 100
= 22%
In designing health promotion efforts, it is important to set clear goals and measure how successful you are compared to the money and time you invest. This is known as:__________.
a. Objectivity
b. Diffusion of innovations
c. Accountability
d. Two-step flow
Answer:
c. Accountability
Explanation:
This is known as accountability. In other words its making sure that you are holding yourself accountable for doing what you need to do and making sure that your efforts are not for nothing. This is done by staying on top of your choices and adjusting your decisions so that the money and time you invest are paying off with and pushing you towards the goals that you have set forth.
A manual press costs $16,000, and it will be scrapped after 10 years. Compute the depreciation and book value for the first two years using 100% bonus depreciation.
Answer and Explanation:
The computation of the depreciation and the book value for the first two years would be
Depreciation for Year 1
= 100% Bonus + regular depreciation
= $16,000 + $16,000 ÷ 10 years
= $17,600
And,
Book value year 1 is
= $16,000 - $1,600
= $14,400
Now
Depreciation for Year 2 is
= Regular depreciation
= $1,600
And,
Book value year 2 is
= $14,400 - $1,600
= $12,800
Carolyn has an AGI of $38, 400 (all from earned income), two qualifying children, and is filing as a head of household. What amount of earned income credit is she entitled to?
a) $4.256
b) $5, 572
c) $3, 305
d) $1, 316
e) $0
Answer:
d) $1, 316
Explanation:
Particulars Amount
Maximum Credit $5,572
Phase out limit $4,256 (38,400 - 18,190)*21.06%
Earned Income Credit Entitled to = Maximum Credit - Phase out limit
Earned Income Credit Entitled to = $5,572 - $4,256
Earned Income Credit Entitled to = $1,316
