any years ago a famous member of congress proposed eliminating federal income tax withholding. what criterion for evaluating tax systems did this proposal violate? what would likely have been the result of eliminating withholding?
Answers
The proposal to eliminate federal income tax withholding violated the criterion of convenience in evaluating tax systems.
Withholding is a system where employers deduct taxes from employees' paychecks and remit them to the government on their behalf. By eliminating withholding, individuals would have to calculate and pay their taxes directly to the government, potentially leading to inconvenience and administrative burden.
Additionally, eliminating withholding could result in decreased tax compliance as individuals may delay or avoid paying their taxes. This could lead to reduced government revenue and difficulties in funding public services and programs. In conclusion, the proposal violated the convenience criterion and eliminating withholding would likely have led to increased complexity and potential non-compliance in tax administration.
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according to the mean-variance criterion, which of the statements below is correct? investment e(r) standard deviation a 10 % 5 % b 21 % 11 % c 18 % 23 % d 24 % 16 % group of answer choices investment c dominates investment a. investment d dominates all of the other investments. investment b dominates investment c. investment b dominates investment a. investment d dominates only investment b.
Answers
The correct answer is that "Investment D dominates all of the other investments."
The mean-variance criterion states that investors face a trade-off between expected return and risk, and there is a linear relationship between these two factors. Therefore, when comparing investment options, it is necessary to consider both the expected return and the standard deviation (a measure of risk).
Using the mean-variance criterion, we can analyze the investment options:
Investment A and Investment B have lower expected returns compared to Investment C and Investment D. However, Investment A has a lower level of risk (standard deviation) compared to Investment B.
When comparing Investment C and Investment A, Investment C has a higher expected return but also a higher level of risk. Therefore, Investment C dominates Investment A.
Now, when comparing Investment D with all the other investments, Investment D has the highest expected return and the lowest level of risk among the options. As a result, Investment D dominates all the other investments.
Based on the mean-variance criterion, Investment D is the most favorable option as it offers the highest expected return for the lowest level of risk. Therefore, the correct answer is that "Investment D dominates all of the other investments."
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perfect price discrimination a. is charging different prices to different buyers. b. is an attempt by monopolists to capture consumer surplus as profit. c. can eliminate the deadweight loss to society of a monopoly. d. do all of these.
Answers
Perfect price discrimination corresponds to all the definitions described above:
is charging different prices to different buyers. is an attempt by monopolists to capture consumer surplus as profit. can eliminate the deadweight loss to society of a monopoly.Therefore, the correct option is: d. do all of these.
The Perfect price discrimination:
Perfect price discrimination is a commercial strategy used by some monopolistic businesses to maximize their profits. It is based on the idea of charging different prices to different consumers, according to their ability and willingness to pay. This allows the company to recover all of the consumer surplus and, therefore, eliminate the deadweight loss to society that occurs when a monopoly operates.
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An unsecured loan...
typically has lower interest rates than a secured loan
is less difficult to qualify for than a secured loan
is connected to collateral, which can be taken by the lender if the loan is not paid
is not connected to collateral and, therefore, a higher risk for lenders
Answers
Answer:
is not connected to collateral and, therefore, a higher risk for lenders
Explanation:
Unsecured loans are the loans issued without any securities attached to them. The lender relies on the borrower's creditworthiness as the basis for granting the loan. Unsecured loans are mostly available to salaried workers whose pay is processed by the lending institutions.
Unsecured loans pose a higher risk to the lender because they are not backed by any collateral. For this reason, they attract a higher interest rate than secured loans.
Answer:
D
Explanation:
took the test
8. Allen took out a three-year, 8%, $100,000 loan on March 31, 2021. Interest is due upon maturity of the loan. How much interest will Allen pay in 2021.
Answers
Answer:
Debit Interest Expense and credit Interest Payable for $6,000.
Explanation:
$100,000 × 8% × 9/12 = $6,000.
Which of the following is part of the cost of goods or services sold for a company that paints people's homes?
A. Paint
B. Flyers to promote the company
C. A van to travel to people's homes
D. Fuel for the van
Answers
Answer:
A. Paint
Explanation:
Paint is a part of the cost of goods or services sold for a company that paints people's homes. Thus, the correct option is A). Paint.
What is the cost of goods sold?COGS stands for the Cost of Goods Sold. Cost of goods sold refers to the direct costs of producing the goods sold by a company. It is the total amount or cost that is incurred in the production of the goods. The sum of amount that a business paid as a cost directly related to the sale of products, is known as COGS.
Cost of goods sold is the total carrying value of goods sold during a particular period. This amount mainly includes the cost of the material, labor, machinery etc. that are directly used to create the good. It also includes the indirect cost such as marketing cost, distribution cost, sales cost etc.
Basically, cost of goods sold can be calculated by the given formula i.e. COGS = the starting inventory + purchases – ending inventory.
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Mark Simpson earns $980 biweekly as a security guard for Albany Med. His group medical insurance costs $7,000 a year. The company pays 90% of the cost of medical insurance. How much is deducted from Marks biweekly paycheck for medical coverage
Answers
Answer:
$26.923
Explanation:
Biweekly payment means payments every 14 days or 2 weeks. One year has 52 weeks. Mark is paid 26 times per year
if the company pays 90% of $7000, then Mark pays 10% of $7000
Mark pays = 10/100 x $7000
=0.1 x $7000
=$700
The amount of $700 is spread over 26 weeks.
Each paycheck, Mark will be deducted
=$700/26
=$26.923 per check
Most of texas's public policies reflect which political ideology?
a. moderate
b. independent
c. liberal
d. conservative
Answers
Most of Texas's public policies reflect which political ideology
Conservative
Correct option is (D)
What is the public policy process in Texas?
The politics process in Texas begins with the emergence of issues and proceeds through five subsequent stage of agenda settings, policy selection, policy enactment, policy implementation, and policy evaluation.
Who makes policies in Texas?
The legislature meets every odd-numbered year to write down new laws and to find solutions to the problems facing the state. This meeting time, which begins on the second Tuesday in January ands lasts 140 day, is named the regular session. The governor can direct the legislature to satisfy at other times also.
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Attach form 1065 Schedule M-2 On June 1 of the current year , Kelly received a 10% interest in Rock Co., a partnership , for services contributed to the partnership . Rock's net assets at that date had a basis of \$70,000 and a fair market value of $100,000 . In Kelly's current -year income tax return , what amount must Kelly include as income from the transfer of the partnership interest ? A. $7,000 ordinary income . B. $7,000 capital gain . C. $10,000 ordinary income . D. $10,000 capital gain
Answers
In Kelly's current-year income tax return, she would include $10,000 as ordinary income from the transfer of the partnership interest. Option c is correct.
When a partner receives a partnership interest in exchange for services contributed, the partner must recognize ordinary income equal to the fair market value of the interest received.
In this case, Kelly received a 10% interest in Rock Co., which had a fair market value of $100,000. The basis of Rock's net assets at the date of the transfer is not relevant for determining the income to be recognized.
It's important to consult a tax professional or refer to the appropriate IRS guidelines to ensure accurate reporting and compliance with tax laws.
Therefore, c is correct.
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As Sonam Bakery increases its staff from 1 to 10 baker, it experiences increasing marginal returns. Explain the circumstance for the bakery's increasing marginal return. 2 3 4 4
Answers
Answer:
Increasing marginal returns occur when the addition of one more unit of input (in this case, hiring an additional baker) leads to a more than proportional increase in output (in this case, the amount of baked goods produced).
In the case of Sonam Bakery, there are several possible reasons why increasing marginal returns are being experienced as the number of bakers increases:
1. Division of Labor: With more bakers, the work can be divided more efficiently, with each baker specializing in a particular task or type of baked good. This can lead to increased productivity and output.
2. Specialization: As each baker becomes more experienced and specialized in their role, they can work faster and produce higher quality baked goods, leading to an increase in overall output.
3. Economies of Scale: As the bakery grows and produces more baked goods, it may be able to purchase ingredients in larger quantities at a lower cost, reducing the overall cost per unit and increasing profitability.
4. Improved Equipment and Technology: With more staff and revenue, the bakery may be able to invest in better equipment and technology, leading to improved efficiency and output.
Overall, the combination of these factors and the efficient use of resources, such as labor and technology, can lead to increasing marginal returns as the bakery grows its staff from 1 to 10 bakers.
The circumstance for the bakery's increasing marginal return is
Division of LaborJob specializationAdvancement TechnologyWhat is the significance of marginal return?In hopes to identify the optimum combination in production within an organization, marginal return—the rate of return for a marginal increase in investment—is essential.
The bakery might be capable of purchasing better tools and technology with more workers and income, which would increase productivity. Bakers can work more quickly and make goods of higher quality as they gain expertise and specialize in their respective roles.
As the bakery expands its workforce from one to ten bakers, the combination of these characteristics and the efficient use of resources, such as labor and technology, can result in rising marginal returns.
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Compute the compound interest. Binal Patel invested $6000 at 4% compounded semiannually. How much will be in the account in 10 vears? Round to the nearest cent.
Answers
The amount in Binal Patel's account after 10 years, with a principal investment of $6000 at an annual interest rate of 4% compounded semiannually, can be calculated using the compound interest formula. The amount in the account after 10 years will be approximately $8,214.69.
How is the compound interest calculated?Compound interest is calculated using the formula:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the principal investment
r = the annual interest rate (expressed as a decimal)
n = the number of times interest is compounded per year
t = the number of years
In this case, Binal Patel invested $6000 at an annual interest rate of 4% (or 0.04) compounded semiannually. Since interest is compounded semiannually, n = 2. The investment is held for 10 years, so t = 10.
Using the formula, we can calculate:
A = 6000(1 + 0.04/2)^(2*10)
≈ 6000(1.02)^20
≈ 6000(1.485947)
≈ 8,914.68
Rounding to the nearest cent, the amount in the account after 10 years will be approximately $8,214.69.
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SOMEONE PLEASE HELP ASAP!!! ECONOMICS!!! all you have to do is find an article and answer the 4 questions pls someone
Part B Scan reputable news sites for recent articles relating to fiscal policy from within the last six months. For example, you might find
that Congress is currently debating a new spending bill or just agreed to a tax cut. This list of search terms will help your search. Once you
find and read the article, fill in the requested information and respond to the four questions that follow in complete sentences.
Article title/headline:
Source (URL):
Date of publication:
1. Describe the fiscal policy action that is discussed in the article, including its status (such as under debate, approved, or rejected).
2. Would the fiscal policy action discussed in the article promote price stability, full employment, and/or economic growth? Explain.
3. Would the fiscal policy action discussed in the article, if approved, contribute to creation of a budget surplus or a budget deficit?
Would this likely increase, decrease, or not affect the national debt? Explain.
4. Do you approve or disapprove of the fiscal policy action described in the article? Explain your response and identify at least one
tradeoff for your choice.
Answers
Fiscal policy refers to the use of government spending and taxation to influence the economy. Fiscal policy actions can either expand or contract the economy, depending on their purpose. For example, if the government spends more money or cuts taxes, this can stimulate economic growth, but it can also lead to inflation and higher national debt. On the other hand, if the government reduces spending or raises taxes, this can slow down economic growth, but it can also help reduce inflation and national debt.
Based on this understanding, here are some possible answers to the questions:
1. Without a specific article to reference, it is difficult to describe the fiscal policy action discussed or its status.
2. Whether or not a fiscal policy action promotes price stability, full employment, and/or economic growth depends on the specific details of the policy. For example, if the government increases spending on infrastructure projects, this could create jobs and stimulate economic growth. However, if the government simply hands out cash payments to individuals, this may not have as much of an impact on economic growth. Similarly, if the government cuts taxes on businesses, this could promote economic growth by encouraging investment, but it could also lead to higher national debt.
3. Whether a fiscal policy action contributes to a budget surplus or a budget deficit again depends on the specific details of the policy. If the government increases spending or cuts taxes without finding a way to pay for it, this will likely lead to a budget deficit. This would increase the national debt, as the government would need to borrow more money to cover the deficit.
4. Whether someone approves or disapproves of a fiscal policy action depends on their individual values and priorities. For example, someone who values economic growth may approve of a policy that cuts taxes on businesses, while someone who values reducing national debt may disapprove of the same policy. A tradeoff for either choice is that fiscal policy actions often have unintended consequences, and it may be difficult to predict exactly how the economy will respond to a particular policy.
The term careeris usually applied to a:• A. position that allows for professional growth and advancem
• B. workweek that consists of 15 to 25 hours.
• C. series of jobs with little relevance to one another.
O D. job that pays hourly wages.
Answers
The term career is usually applied to a position that allows for professional growth and advancement. Option A
This implies that a career is not just a job, but rather a long-term commitment to a certain field or industry. A career is characterized by continuous learning, development of skills and expertise, and the pursuit of opportunities for promotion and increased responsibility.
A career is different from a job that pays hourly wages, which is often seen as a means to an end rather than a long-term commitment. A job that pays hourly wages is typically associated with low-skilled work and little opportunity for advancement. On the other hand, a career is often associated with higher-skilled work and greater potential for advancement.
In summary, a career is a long-term commitment to a certain field or industry, characterized by continuous learning, development of skills and expertise, and the pursuit of opportunities for growth and advancement. It is different from a job that pays hourly wages, which is often seen as a means to an end rather than a long-term commitment.
Ultimately, the goal of a career is to achieve personal and professional fulfillment by doing work that is meaningful, challenging, and rewarding. Option A is correct.
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What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Which answer provides the best definition of a subsistence crop? crops raised to earn a profit for the family food items harvested from the wilderness crops grown to trade for hardware and lumber plants and animals grown to keep a family alive?
Answers
Answer:
plants and animals grown to keep a family alive
Explanation:
Subsistence farming happens when farmers grow food crops and rear animals just for the needs of themselves and their families. In this type of agriculture, farm output is targeted to for the survival of the family and is mostly for local requirements and it has little or no surplus. Planting decisions are made principally towards the need of the family. They are strictly for family maintenance
Pretty sure its:
plants and animals grown to keep a family alive
compare and contrast liquidity and solvency. choose at least two items or events that will affect a company’s liquidity and solvency.
Answers
Liquidity and solvency concept are both important concepts that are used to evaluate a company's financial health and stability. Liquidity refers to a company's ability to meet its short-term financial obligations as they come due, while solvency refers to its ability to meet its long-term financial obligations.
There are many different factors that can impact a company's liquidity and solvency. One important item that can affect both is the company's cash flow. If a company's cash flow is weak, it may struggle to meet its short-term obligations and may be at risk of defaulting on its debts. Additionally, if a company has a high level of debt, it may struggle to meet its long-term financial obligations, which could put its solvency at risk.
Another factor that can impact a company's liquidity and solvency is its level of profitability. If a company is generating strong profits, it will have more cash on hand to meet its short-term obligations, and it will be better positioned to pay off its long-term debts. On the other hand, if a company is struggling to generate profits, it may be at risk of running out of cash and defaulting on its debts.
In conclusion, while liquidity and solvency are both important concepts that are used to evaluate a company's financial health and stability, they are focused on different time horizons and aspects of the company's finances. Factors such as cash flow and profitability can have a significant impact on both a company's liquidity and solvency, and it is important for investors and analysts to carefully evaluate these factors when assessing a company's financial health.
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A _____ is the highest postsecondary degree available.
A.) doctorate
B.) associate's
C.) master's
D.) bachelor's
(please help :D)
Answers
Your answer should be "A...doctorate"
-have a nice day :)
what type of object can ground static
Answers
electronic. Maybe I'm not a hundred percent sure.
Answer: its plastic
this is just extra bc it kept saying my answer was too short
Explain in detail how Boulders Mall's management may have used media relations as a public relations tool to try to resolve controversy.
Answers
Explanation:
The management of Boulders Mall made use of the media to offer an apology for what happened in the shopping center, making it clear that there was not actually an act of discrimination due to the way the man dressed in traditional Ndebele clothes dressed and clarifying that in no case At the time, man was discriminated against because of his culture or his traditions.
This was a public way of "calming" the controversies and upsets that could have been generated in many people, because we must remember that this type of action can generate rejection by the community towards the shopping center and generate great economic losses.
Which resource management activity establishes common definitions?.
Answers
Answer:
Resource typing
Explanation:
Resource typing establishes common definitions for capabilities of personnel, equipment, teams, supplies, and facilities.
Under the _______ of recording, title passes when the conveyance is registered on the title certificate.
Answers
Based on the question above, the correct form of recording goes thus:
Under the Torrens System of recording, title passes when the conveyance is registered on the title certificate.
Torrens SystemThe Torrens System operates on the principle of “title by registration” rather than “registration of title.” A buyer can only receive a title if it is first registered, rather than buying a piece of land and then register it later.
In conclusion, we can conclude that the correct answer is Torrens system.
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Prime cost is directly related to production. So, per unit prime cost can be calculated easily. While on the other hand, overhead does not have direct relationship with production. So, to calculate per unit cost, overhead is classified according to functions.” Explain this statement and also summarize all the overheads according to their functional classification.
Answers
Basically, a firm's prime cost equals the total direct costs of production which includes the cost of raw materials and labor.
The prime cost equation is {Cost of raw materials + Direct labor}The overhead cost refers to those cost incurred while running a firm but can not be linked to creation of a product or service.
Overhead expenses is the cost remaining after deduction of direct labor, direct materials and direct expenses.
In conclusion, the prime cost and overhead cost are both significant in production of finished goods.
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Trinity Ltd. wants to obtain debt financing to fund its expansion. What are the different sources from which it can raise this fund?
A. common stock and commercial banks
B. common stock and insurance companies
C. stock brokerage firms and insurance companies
D. preferred stock and stock brokerage firms
Answers
Answer:
The correct answer is C.) Stock Brokerage Firms and Insurance Companies
Explanation:
Hope this helps :)
The U.S. Fish and Wildlife Service helps protect endangered species.
t or f
Answers
It is true that the U.S. Fish and Wildlife Service helps protect endangered species.
What is service?A service refers to the act of providing assistance or performing work for someone else. This can take many different forms, including tangible goods like food or physical labor, or intangible services like consulting or counseling. Services can be provided by individuals, businesses, or governments, and can range from small-scale tasks to large-scale projects. In the modern economy, services are critical component of most industries. They can be used to help individuals or organizations solve problems, improve their efficiency, or achieve their goals. Service providers may charge a fee for their work, or they may be provided for free as part of a larger package. Overall, services are an essential part of the way we live and work, and they are likely to continue to play a key role in the global economy in the years to come.
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If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answers
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
when consumed, many goods and services have an impact on other people not using the product. Which word describes this impact ?
A. appreciation
B. depreciation
C. externality
D. inflation
Answers
Answer:
Explanation:
depreciation
When consumed, many goods and services have an impact on other people not using the product. Depreciation word describes this impact. The correct option is B.
What does it mean to deprecate a product?Application developers who have already subscribed to a product may still use it after it is deprecated, but no new developers may do so. We disapprove of this use of company funds for political activities. to say that you disapprove of something.
In order to maintain backward compatibility and give programmers time to bring affected code into compliance with the new standard, features are deprecated rather than immediately removed. The following are some of the primary causes of depreciation: A more potent substitute feature has taken the place of the former feature.
Thus, the ideal selection is option B.
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Banks do not hold a lot of their assets in the form of cash mainly because of:
a. regulation.
b. the fear of being robbed.
c. the opportunity cost of holding cash, cash does not earn interest.
d. it can encourage employee theft.
Answers
Banks do not hold a lot of their assets in the form of cash mainly because of the opportunity cost of holding cash, cash does not earn interest. The correct option is C.
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. It is necessary to weigh the advantages and disadvantages of each choice offered in order to correctly assess opportunity costs.
The interest that could have been made if the cash had been used to buy bonds instead is the opportunity cost of keeping any money balance.
Therefore, due to the opportunity cost of holding cash and cash does not earn interest banks does nor prefer to hold a lot of their assets in the form of cash .
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Which nims management characteristic is necessary for achieving situational awareness?.
Answers
The NIMS Management Characteristic is facilitating information sharing is Integrated Communications.
What are the characteristics of NIMS?
All levels of government are governed under the National Incident Management System (NIMS). Common nomenclature, modular organization, management by objectives, and incident action planning are some of the key traits.
Interoperable communication methods and systems, which include voice and data linkages, are developed and put to use to facilitate integrated communications.
To sustain connectivity, establish situational awareness, and make information sharing easier, integrated communications are required.
As a result, integrated communications is the correct option.
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An airline knows that there are two types of travelers: business travelers and vacationers. For a particular flight, there are 100 business travelers who will pay $600 for a ticket while there are 50 vacationers who will pay $300 for a ticket. There are 150 seats available on the plane. Suppose the cost to the airline of providing the flight is $20,000, which includes the cost of the pilots, flight attendants, fuel, etc. How much profit will the airline earn if it engages in price discrimination
Answers
Answer:
The answer is "$55000".
Explanation:
When discrimination against prices is practicable, $600 would be charged to travelers and $300 to tourists. Now,
Total revenue(TR) \(=P \times Q\)
\(=600\times 100+300 \times 50 \\\\ =600\times 100+15,000 \\\\ =60,000+15,000 \\\\=\$75,000\)
Total Cost(TC)\(=\$20000\)
Profit\(=TR-TC\)
\(=\$75000-\$20000 \\\\ =\$55,000\)
what do you pore first the cereal or the milk? True or false.
Answers
Question 10 of 20
Which is an example of a professional interview?
A. Janelle has an interview with the director of a foundation that
offers college scholarships.
B. Marci interviews a city council member about placing new stop
signs in her neighborhood.
C. Pavi interviews the school athletics director about an uptick in
sports injuries.
D. Tasha interviews her grandfather about growing up in a different
country.
Answers
Answer: B. Marci interviews a city council member about placing new stop signs in her neighborhood.
Explanation: