Answer:
Reduction in Tax Needed = $ 13.33
Explanation:
Tax Multiplier shows magnitude of change (decrease) in income due to tax change (rise) .
Tax Multiplier = ΔY / ΔT = - MPC / (1- MPC)
Given : Change in Income needed [ΔY] = 40
MPC = 0.75
Putting in formula ;
40 / ΔT = - 0.75 / (1- 0.75)
40 / ΔT = - 0.75 / 0.25
40 / ΔT = - 3
ΔT = - 40/ 3
ΔT = - 13.33
The answer to this question is the clean air act. The clean air act or CAA is a law which regulates the air emissions from sources like cars, factories, etc. The clean air act prevents air pollution and makes it a point that we will have a clean air for everybody's benefit.
Answer:
road bicycles would be categorized as <u>CASH COW</u> while hybrid bikes would fall into the <u>QUESTION MARK</u> category.
Explanation:
Cash cows are products that have a high market share but their markets are not growing very much. This products generate a lot of cash.
Question marks are products whose market is growing fastly, but the product itself doesn't have a high market share. This products have a great potential, but it is not certain that they will achieve it.
Answer:
tax expense: 34% 103,020 dollars
Explanation:
Sales 2,400,000
COGS 34% of sales<u> (816,000) </u>
Gross profit 1,584,000
other operating (1,200,000)
depreciation (80,500)
interest expense
450,000 x 9% (40,500)
gain on investment <u> 40,000 </u>
Income before taxes 303,000
tax expense: 34% 103,020
The dividends paid are not an expense or revenue for the period. is the distribution of prior period gains.
Answer:
Question requires that you find five sentence fragments, one dangling modifier, one passive-voice sentence, and one parallelism fault.
Sentence Fragment
A sentence fragment is so because it is either missing a subject, or a verb, and/ or a complete thought. It is therefore an incomplete sentence.
- 5. Although no clear line separates fun from profit or a hobby from a business.
- 12. If you spend eight or more hours a day trading on eBay.
- 17. If you spend $5 for a garage sale vase and sell it for $50.
- 18. The IRS would probably consider this a business transaction.
- 20. Even for eBay sellers who are just playing around. (not a proper sentence)
Dangling Modifier
Attempts to modify an unclear word in the sentence
- 19. All profits are taxable.
It is unclear what profits the sentence alludes to.
Passive-voice sentence
In Passive voice, the subject of the text is the one that is being acted upon.
- 13. The IRS would tend to think you are in a business.
Parallelism Fault
This occurs when the sentence is not grammatically parallel. In other words the sentence does not follow as it is not using the same structure.
- 3. As you are probably already aware, you can use eBay or one of the other sellers to clean out your closets or to run a small business.
