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"D"
this is an example of horizontal inequality where people with same income are paying different taxes.
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Question 15 1 pts If Luis makes $50,000 per year as a computer programmer and pays...
Question 11 A company reported the following amounts of net income: 2 pts Year 1 Year...
Question 11 A company reported the following amounts of net income: 2 pts Year 1 Year 2 Year 3 $15,000 $21,000 $31,500 If you performed a horizontal analysis between year 2 and year 3, what is the percentage change? O 50.00% O 110.00% 150.00% 40.00% 2 pts The Nichols Corporation data for the current year: 2 pts AM 000 000 Long-term Commonstad 5,000 Shares Remed cam Net COGS Gross Pro Selling Generales Net Income before taxe Income tax expen Net...
Question 9 1 pts Which of the following is a characteristic of the Policy-Activism view of...
Question 9 1 pts Which of the following is a characteristic of the Policy-Activism view of economic thought? Government has a responsibility to manage the economy. The economy is inherently stable. All of these answers are characteristics of Laissez-Faire. Competition is the driving force in economic progress D Question 10 1 pts Real GDP provides a better measure of the state of the economy than nominal GDP because: it corrects for the distortion of inflation it includes the value of...
D Question 5 2 pts The Rose Cereal Company shows the following for the year ended...
D Question 5 2 pts The Rose Cereal Company shows the following for the year ended December 31, 2013: Net sales $1,300,000 Net income $500,000 Net accounts receivable 1/1 $250,000 Net accounts receivable 12/31 $ 150,000 What is the average collection period? 56 days 70 days 42 days 146 days D Question 6 2 pts You are given the following information: 30 2 pts Question 6 You are given the following information: $600,000 Income before interest and taxes (45.000) Less:...
$30,000 QUESTION 3 Imagine you live in a society with progressive taxation. Your friend makes half...
$30,000 QUESTION 3 Imagine you live in a society with progressive taxation. Your friend makes half of your salary and pays 20 percent in income taxes. Which rate most likely would be your income tax rate? (5 points) 2 percent 10 percent 20 percent 40 percent QUESTION 4 02_08_g4_q1.png Look at the bar graph. What kind of tax is depicted here? (5 points) Flat Proportional Progressive Regressive QUESTION 5 Which of these is an example of indirect tax? (5 points)...
Question 12 pts When consumers would have been willing to pay higher prices at various quantities...
Question 12 pts When consumers would have been willing to pay higher prices at various quantities consumed than the market clearing price, the differences are called consumer surplus. monopoly profits. opportunity cost. deadweight loss. Flag this Question Question 22 pts A demand relationship in which the quantity demanded changes exactly in proportion to the change in price is elastic. unit-elastic. inelastic. consistent with zero elasticity. Flag this Question Question 32 pts A demand relationship in which a given percentage change...
Because of its inability to control film and personnel costs in its radiology department, Sanger General...
Because of its inability to control film and personnel
costs in its radiology department, Sanger General Hospital wants to
replace its existing picture archive and communication (PAC) system
with a newer version. The existing system, which has a current book
value of $2,250,000, was purchased three years ago for $3,600,000
and is being depreciated on a straight-line basis over an
eight-year life to a salvage value of $0. This system could be sold
for $800,000 today. The new PAC system...
please answer both questions Problem 1. Selected accounts from the ledger of Hughes Company appear below....
please answer both questions
Problem 1. Selected accounts from the ledger of Hughes Company appear below. For each account, indicate the following: (a) In the first column at the right, indicate the nature of each account, using the following abbreviations: Revenue - R Asset - A Liability - L Expense - E Capital/Equity- In the second column, indicate the increase side of each account by inserting Dr. or Cr. (b) Increase Side Type of Account Account Supplies (2) Notes Receivable...
Excercise 3-1,3-2,3-8 On June 1, Campbell Corpua in the amount of $50,000. Using the formats sho...
Excercise 3-1,3-2,3-8
On June 1, Campbell Corpua in the amount of $50,000. Using the formats sho to record this transaction in a general journal and pos accounts. The entry will be recorded on page 7 of the general journal. Use what numbers you like in the general ledger. Assume that none of the accounts to be debited ost it to the appiupiaie geheral whatever a If at a later date, you wanted to review this transaction, would you examine ledger...
ARE MY ANSWERS CORRECT? 25 questions 1. what an A/R aging analysis is, its purpose, and...
ARE MY ANSWERS CORRECT? 25 questions 1. what an A/R aging analysis is, its purpose, and how it is created. Used to estimate amount needed in Allowance for Bad Debts Account (a contra account) A/R Days Outstanding 0-30 31-60 61-90 Over 90 Under each term list all A/Rs that are not paid by date Use historical experience to estimate the percentage of A/R for each date period to determine allowance for Bad Debts What the three major cost components are...
eEgg is considering the purchase of a new distributed network computer system to help handle its...
eEgg is considering the purchase of a new distributed network
computer system to help handle its warehouse inventories. The
system costs $50,000 to purchase and install and $36,000 to operate
each year. The system is estimated to be useful for 4 years.
Management expects the new system to reduce the cost of managing
inventories by $62,500 per year. The firm’s cost of capital
(discount rate) is 7%.
Required:
1. What is the net present value (NPV) of the proposed
investment...
Question 11 A company reported the following amounts of net income: 2 pts Year 1 Year 2 Year 3 $15,000 $21,000 $31,500 If you performed a horizontal analysis between year 2 and year 3, what is the percentage change? O 50.00% O 110.00% 150.00% 40.00% 2 pts The Nichols Corporation data for the current year: 2 pts AM 000 000 Long-term Commonstad 5,000 Shares Remed cam Net COGS Gross Pro Selling Generales Net Income before taxe Income tax expen Net...
Question 9 1 pts Which of the following is a characteristic of the Policy-Activism view of economic thought? Government has a responsibility to manage the economy. The economy is inherently stable. All of these answers are characteristics of Laissez-Faire. Competition is the driving force in economic progress D Question 10 1 pts Real GDP provides a better measure of the state of the economy than nominal GDP because: it corrects for the distortion of inflation it includes the value of...
D Question 5 2 pts The Rose Cereal Company shows the following for the year ended December 31, 2013: Net sales $1,300,000 Net income $500,000 Net accounts receivable 1/1 $250,000 Net accounts receivable 12/31 $ 150,000 What is the average collection period? 56 days 70 days 42 days 146 days D Question 6 2 pts You are given the following information: 30 2 pts Question 6 You are given the following information: $600,000 Income before interest and taxes (45.000) Less:...
Because of its inability to control film and personnel
costs in its radiology department, Sanger General Hospital wants to
replace its existing picture archive and communication (PAC) system
with a newer version. The existing system, which has a current book
value of $2,250,000, was purchased three years ago for $3,600,000
and is being depreciated on a straight-line basis over an
eight-year life to a salvage value of $0. This system could be sold
for $800,000 today. The new PAC system...
please answer both questions
Problem 1. Selected accounts from the ledger of Hughes Company appear below. For each account, indicate the following: (a) In the first column at the right, indicate the nature of each account, using the following abbreviations: Revenue - R Asset - A Liability - L Expense - E Capital/Equity- In the second column, indicate the increase side of each account by inserting Dr. or Cr. (b) Increase Side Type of Account Account Supplies (2) Notes Receivable...
Excercise 3-1,3-2,3-8
On June 1, Campbell Corpua in the amount of $50,000. Using the formats sho to record this transaction in a general journal and pos accounts. The entry will be recorded on page 7 of the general journal. Use what numbers you like in the general ledger. Assume that none of the accounts to be debited ost it to the appiupiaie geheral whatever a If at a later date, you wanted to review this transaction, would you examine ledger...
eEgg is considering the purchase of a new distributed network
computer system to help handle its warehouse inventories. The
system costs $50,000 to purchase and install and $36,000 to operate
each year. The system is estimated to be useful for 4 years.
Management expects the new system to reduce the cost of managing
inventories by $62,500 per year. The firm’s cost of capital
(discount rate) is 7%.
Required:
1. What is the net present value (NPV) of the proposed
investment...
Most questions answered within 3 hours.
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