How does the rate of a proportional tax change with income?A) The rate increases as income increases.
B) The rate remains the same, even if income increases or decreases.
C) The rate decreases as income increases.
D) The rate decreases as income decreases.

Answers

Answer 1

Answer: The right answer for the question that is being asked and shown above is that: "B) The rate remains the same, even if income increases or decreases." the rate of a proportional tax change with income is that B) The rate remains the same, even if income increases or decreases.

Answer 2

Answer:

The correct answer is

B- The rate remains the same, even if income increases or decreases.

Related Questions

Which of the following is a mistake that a writer of a good business plan should avoid?
Powder Room Mess. For $300,000, Willis agrees to build a new home for Robert, who is very picky. Willis builds the home to Robert's specifications with one exception. The faucets and linoleum flooring in an upstairs powder room are not exactly what Robert specified. That was a mistake on Willis's part, but he had not intentionally failed to follow specifications. When Robert sees the powder room, he goes ballistic and tells Willis that he will not pay Willis anything for the house. It will take $300 to put in correct faucets and linoleum. Willis says that he is willing to pay $300 to put Robert in the position he would have been in had the correct faucets and linoleum been used, but that is all he is willing to pay. Which of the following is true regarding whether Willis breached the contract?1) Willis did not breach the contract.2) Willis materially breached the contract.3) Willis substantially breached the contract.4) Willis breached the contract, but the breach was not material.5) Willis committed an anticipatory breach of the contract.
You and a friend have just started a small business. How could you use the Internet to make your business successful?
Price controls on goods can be set by
The basic retailing equation states that the cost of an item is not equal to the selling price plus the markup.

In franchise, having management support from the franchisor is a(n) ________ whereas the coattail effect is considered a __________.

Answers

Answer:

In franchise, having management support from the franchisor is an ADVANTAGE whereas the coattail effect is considered a DISADVANTAGE.

Explanation:

When franchisee acquires a franchise, one of the main advantages is that the franchisee receives support, training and know-how form the franchisor. That is why franchises have a larger success rate than other types of new businesses.

The coattail effects refers to the possible negative effects that other franchises might have over your own franchise. For example, if a McDonald's restaurant on the other side of town offers a really bad customers service, and you also own a McDonald's franchise, many customers will believe that you also offer a bad customer service even though each restaurant is owned and operated by different people.

Final answer:

Management support is a benefit in franchises, while the coattail effect is a drawback.

Explanation:

In franchise, having management support from the franchisor is a benefit, whereas the coattail effect is considered a drawback.

Management support from the franchisor can include assistance with marketing, training, and operational guidance. This support can help franchisees succeed and grow their business. On the other hand, the coattail effect refers to the risk of a franchisee's reputation and success being heavily dependent on the overall reputation and success of the franchise brand.

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Klein Cosmetics has a profit margin of 5.0%, a total assets turnover ratio of 1.5 times, a zero debt ratio and therefore an equity multiplier of 1.0, and an ROE of 7.5%. The CFO recommends that the firm borrow money, use it to buy back stock, and raise the debt ratio to 50% and the equity multiplier to 2.0. She thinks that operations would not be affected, but interest on the new debt would lower the profit margin to 4.5%. This would probably be a good move, as it would increase the ROE from 7.5% to 13.5%.

Answers

It is true that this change would probably be a good move, as it would increase the ROE from 7.5% to 13.5%.

Explanation:

Equity multiplier is calculated by dividing the total assets of a company to shareholder’s equity of an organization. If a company has not raised any debt, then such company would be having equity multiplier equal to 1. t is a leverage ratio.

Return on equity is another financial measure to calculate the return. It is calculated by dividing the net income of a company to the shareholder’s equity. It directly shows the amount that a company is earning on its money invested by the equity shareholders.

What does the size of the dividend per share of stock depend on?

Answers

The size of the dividend per share of stock depend on : The corporation's profit

Dividend per share is calculated by : Total dividend / Total shares outstanding,

Which mean that dividend per share will increase if the total dividend increases.

Meanwhile total dividend will increased if the company gains more profit

the corporations profit ---- gradpoint

If a company purchased 10,000 shares of treasury stock for $50 and subsequently sold 3,000 of those shares for $56, what is the remaining treasury stock balance after these transactions

Answers

Compared purchase 10,000 shares $ 50
$10,000 shares $56 would be 11,200 shares

11,200 shares -3,000 shares = 8,200 shares

Jerry's Phone Service is a monopoly. Select the items that describe the price and quantity chosen by Jerry.will result in efficient use of resources
will result in equilibrium price
will maximize profits
will cause shortage of goods

Answers

The price and quantity chosen by Jerry will likely maximize profits, as he has no competitors to worry about and can set prices at the level that maximizes revenue. Therefore, option A is correct.

What is monopoly?

Monopoly is a market structure in which a single company or entity has exclusive control over the production and distribution of a particular product or service, with no close substitutes. This means that the monopolist has significant market power and is able to set prices higher than the competitive level, resulting in higher profits.

Based on the fact that Jerry's Phone Service is a monopoly, it is possible to conclude that:

The price and quantity chosen by Jerry will likely maximize profits, as he has no competitors to worry about and can set prices at the level that maximizes revenue. Therefore, option C is correct.

It is not possible to determine whether the price and quantity chosen by Jerry will result in efficient use of resources, as this would depend on the specific circumstances of the market and the resources involved. Therefore, option A is not necessarily correct or incorrect.

It is not possible to determine whether the price and quantity chosen by Jerry will result in an equilibrium price, as this would depend on the demand for his service and his willingness to adjust prices in response to changes in demand. Therefore, option B is not necessarily correct or incorrect.

It is not likely that the price and quantity chosen by Jerry will cause a shortage of goods, as he has a monopoly and is able to control the supply of his service. Therefore, option D is incorrect.

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A monopoly is a market structure where one seller has a unique product that is on the market. There is no competition and there are no perfect substitutes from the product. The seller holds all of the power in pricing the item due to no competition. Based on the definition the price and quantity chosen by Jerry will efficiently use all of the resources.

Which tax is an indirect tax?A.)corporate income tax
B.)federal income tax
C.)property tax
D.)sales tax

Answers

Indirect tax is D. Sales tax.
Sales tax is the taxes that is charge or added to the items sold in the markets like hygiene, medicines, water, juices and drink and more.
It is added to the SRP of the item.

Answer:

sales tax

Explanation:

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An automobile final assembly plant has an annual production capacity of 200,000 cars. The plant operates 50 weeks/yr, 2 shifts/day, 5 days/week, and 8.0 hours/shift. It is divided into three departments: (1) body shop, (2) paint shop, and (3) trim-chassis-final department. The body shop welds the car bodies using robots, and the paint shop coats the bodies. Both of these departments are highly automated. Trim-chassis-final has no automated workstations. Cars are moved by a continuous conveyor. There are 15.0 hours of work content time on each car in this department. If the average manning level is 2.2, balancing efficiency = 93%, proportion uptime = 95%, and a repositioning time of 0.15 min is allowed for each worker, determine (a) hourly production rate of the plant. (b) number of workers and workstations in trim-chassis-final. (c) What is the average labor cost per car in trim-chassis-final if the hourly worker rate = $35 and fringe benefits add $20/hr. Ignore cost of supervision, maintenance, and other indirect labor.