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1 year ago

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Suppose that income tax revenues are maximized at an average (income) tax rate of 45 percent. If the Laffer curve is a correct d

iagrammatic representation of the relationship between tax rates and tax revenue, it follows that a tax rate of

1 answer:

galina1969 [7]1 year ago

3 0

Answer:

-35 percent will reduce tax revenues.

-48 percent will reduce tax revenues.

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Before government approves a merger, companies must prove that the merger would

Jlenok [28]

I think the correct answer from the choices listed above is option D. Before government approves a merger, companies must prove that the merger would lower the number of competitors in the market. Hope this answers the question. Have a nice day.

7 0

3 years ago

Read 2 more answers

Which best summarizes the data presented in this graphic? A) Over the past 6 years, zoned farming has outperformed zoned commerc

german

Answer:

d) over the past 6 years, zoned farming has remained consistent, zoned commercial has decreased, and zoned residential has increased.

Explanation:

<em>I have attached the graph.</em>

As seen on the graph, it is clear that "zone farming" has<em> remained constant</em> at 5% over the past 6 years<u> (2002-2008)</u>. "Zone commercial," on the other hand, has decreased by 10% and "zoned residential" has increased by 10%.

So, this makes choice d as the answer.

6 0

2 years ago

All of the following bank reconciliation items would result in an adjusting entry on the company's books excepta. interest earne

Olin [163]

Answer:

b. deposits in transit

Explanation:

Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in the smooth manner.

There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.

The adjusting entry of interest earned is

Cash A/c Dr

To Interest income A/c

(Being interest is earned)

Likewise, for The fee for collection

Bank charges A/c

To Cash A/c

(Being fees is charged)

And for NSF check of customer, it would be

Account receivable A/c Dr

To Cash A/c

(Being the adjusting entry is made)

So, for this the adjusting entry is made but for Deposit in transit , no adjusting entry would be made.

6 0

2 years ago

Said grab .'s competitors

love history [14]

Answer:

huh

Explanation:

grabs competitors?

7 0

2 years ago

Factory Overhead Cost Budget Budget that estimates the cost for each item of factory overhead needed to support budgeted product

Black_prince [1.1K]

Answer:

Factory Overhead Cost Budget

For the month ending August 31, 2016

Variable factory overhead costs:

Manufacturing supplies $14,000

Power and light $48,000

Production supervisor wages $135,000

Production control wages $32,000

Materials management wages $<u>39,000</u>

Total variable factory overhead costs $268,000

Fixed Factory Overhead Costs

Factory insurance $30,000

Factory depreciation <u>$22,000</u>

Total Fixed Factory Overhead Costs <u>$52,000</u>

Total factory overhead costs <u>$320,000</u>

Thus, the total factory overhead cost for the month of August, 2016 is $320,000.

4 0

2 years ago