Blue 5ky Drone Company has a total asset turnover ratio of 6.00x, net annual sales of $25 million, and operating expenses of $11 millon (induding depreciation and amortization). On its balance sheet and income statement, respectively, it reported total debt of $1.75 million on which it pays a 11% interest rate. To analyze a company's financial leverage situation, you need to measure the firm's debt management ratios. Based on the preceding information, what are the values for Blue Sky Drone's debt management ratios? Inlluenced by a firm's ability to make interest payments and pay back its debt, if all else is equal, creditors would profec to give loans to companies with debt ratios
Answers
Therefore, Blue Sky Drone's debt management ratios are: Debt ratio: 41.96% Interest coverage ratio: 72.67
Blue Sky Drone's debt management ratios can be calculated using the given information. Let's calculate the ratios:
Debt ratio = Total Debt / Total Assets
Given that the total debt is $1.75 million and the total assets turnover ratio is 6.00x, we can find the total assets by dividing the net annual sales by the total asset turnover ratio.
Total assets = Net annual sales / Total asset turnover ratio
Total assets = $25 million / 6.00x
Now, we can calculate the debt ratio:
Debt ratio = $1.75 million / Total assets
To determine the firm's ability to make interest payments and pay back its debt, we need to consider the interest coverage ratio:
Interest coverage ratio = Operating income / Interest expense
The operating income can be calculated by subtracting the operating expenses (including depreciation and amortization) from the net annual sales:
Operating income = Net annual sales - Operating expenses
Finally, we can calculate the values for Blue Sky Drone's debt management ratios using the formulas above.
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Related Questions
Why is placing a fraud alert an effective way of dealing with inaccuracies in a credit report?.
Answers
Placing a fraud alert is an effective way of dealing with inaccuracies in a credit report because when you have a fraud warning, creditors and lenders are more likely to go above and beyond to confirm your identification before extending credit.
To issue a fraud alert, all you have to do is get in touch with one of the three national credit bureaus; the other two will be notified of your request. The opening of illegal accounts in your name may become more difficult if you place a fraud alert. Before creating a new credit account in your name or making modifications to an existing account, it encourages or mandates lenders and creditors to go above and beyond to verify your identification. One such process is calling you. A fraud alert is cost-free and informs lenders to take further measures to confirm your identity before issuing credit.
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The process by which the processor slows down to conserve power is officially called?
Answers
Throttling
the action or process of restricting the amount of bandwidth that users of electronic communication networks may access (such as the Internet)
Throttling is a widely used practice amongst providers of internet services and mobile carriers that involves reducing data speeds once a client surpasses their monthly usage limit. Although users may still use the phone connection for basic functions like email and web surfing, speeds are sometimes too poor for tasks like streaming videos.
While in the first scenario there is typically no network packet loss, restricting the speed of data delivered from a data source (a client computer or a server computer) is significantly more effective than reducing the rate in an intermediary network device between client and server.
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in the context of the interactional framework, ideal followers are most likely to be described as
Answers
In the context of the interactional framework, ideal followers are most likely to be described as: Supportive, engaged, and committed.
The interactional framework, also known as the Leader-Member Exchange (LMX) theory, emphasizes the dyadic relationship between leaders and followers.
According to this theory, leaders develop different relationships with their followers, ranging from high-quality exchanges (in-group members) to low-quality exchanges (out-group members). The quality of the leader-follower relationship influences various outcomes, including follower performance, job satisfaction, and organizational commitment.
In this context, ideal followers are those who establish high-quality exchanges with their leaders. They exhibit characteristics such as being supportive, engaged, and committed to their leader and the organization. They actively participate in their roles, provide assistance when needed, and go above and beyond their regular responsibilities. Ideal followers strive to build strong relationships with their leaders, earning their trust and respect.
These followers typically demonstrate loyalty, trustworthiness, and a willingness to take on additional responsibilities. They are proactive, dependable, and exhibit a strong work ethic. Ideal followers contribute to a positive work environment, foster effective communication, and enhance the leader's ability to achieve organizational goals.
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as the recipient of their customer's efforts, the supply firm manager has the opportunity to improve the relationship with the customer. improved relationships can result in increased market share, growth opportunities and other benefits. group of answer choices mod sdp sop pos pods flag question: question 44
Answers
As the recipient of their customer's SD efforts, the supply firm manager has the opportunity to improve the relationship with the customer.
The supply curve indicates us the quantity that a firm will produce at extraordinary fees. Discern 7.21 "The deliver Curve of an individual firm" exhibits something great: the individual supply curve. It's far the same as a company's marginal fee curve. of the firm is the marginal value curve.
The deliver curve is a image illustration of the correlation between the fee of an excellent or provider and the quantity supplied for a given duration. In a typical illustration, the rate will appear on the left vertical axis, whilst the quantity provided will appear at the horizontal axis.
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What is market research? (Please be simple easy to understand)
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How does a MNC reconcile a corporate culture (in the home country) that is fundamentally at odds with the national cultures in all the countries into which it would like to expand?
Answers
MNCs should strive for cultural sensitivity, adaptation, open communication, localization, leadership, and training. By embracing and valuing cultural differences, MNCs can build a more inclusive and successful global organization.
Reconciling a corporate culture that is fundamentally at odds with the national cultures in the countries of expansion can be a complex challenge for a multinational corporation (MNC). Here are some strategies that MNCs can employ to address this issue:
1. Cultural sensitivity and adaptation: MNCs need to be sensitive to the cultural differences and nuances of each country they operate in. They should invest in understanding the local culture, values, customs, and business practices. This enables them to adapt their corporate culture to be more inclusive and respectful of the local culture while still maintaining core values and principles.
2. Localization of practices: MNCs can consider localizing certain practices and policies to align better with the national cultures in each country of operation. This may involve modifying HR practices, communication styles, decision-making processes, and management approaches to fit the local context while maintaining the overarching corporate framework.
3. Open communication and collaboration: Fostering open communication channels and collaboration across different cultures is vital. MNCs should encourage dialogue, feedback, and knowledge sharing among employees from diverse cultural backgrounds. This helps build mutual understanding, trust, and a shared sense of purpose.
4. Leadership and role modeling: Effective leadership plays a critical role in bridging cultural gaps. MNC leaders should be culturally competent and act as role models by demonstrating inclusivity, respect for diversity, and a willingness to learn and adapt. This sets the tone for employees to embrace and appreciate cultural differences.
5. Training and development: Providing cross-cultural training and development programs to employees can enhance their cultural awareness, sensitivity, and competence. This equips them with the necessary skills to navigate and reconcile cultural differences in the workplace effectively.
6. Leveraging diversity: MNCs can view cultural diversity as a strength and actively promote the exchange of ideas, perspectives, and best practices from different cultures. By leveraging the diverse talents and experiences of their workforce, MNCs can foster innovation and adaptability to local markets.
In summary, reconciling a corporate culture that clashes with national cultures requires a thoughtful approach. MNCs should strive for cultural sensitivity, adaptation, open communication, localization, leadership, and training. By embracing and valuing cultural differences, MNCs can build a more inclusive and successful global organization.
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Since water transportation is so much slower than other modes, why do companies choose it?
Water transportation is unaffected by delays for maintenance, scheduling, and weather, making it far more reliable.
Some companies might think it's worth the lost time when they are shipping potentially dangerous products.
The environmental impact of water transportation is lower, so companies can justify its use.
Some companies prioritize cost as their overriding concern for their shipping requirements.
Answers
Answer:
i think its d or maybe a
Explanation:
Answer:
ah
Explanation:
If you take out a loan that costs $321.62 over eight years at an interest rate of 2%, how much was the loan for
Answers
Answer:
the amount of the loan is $2,010.13
Explanation:
The computation of the amount of the loan is shown below:
As we know that
Simple interest = Principal × rate × time period
$321.62 = Principal × 2% × 8
$321.62 = Principal × 16%
SO, the principal is
= $321.62 ÷ 16%
= $2,010.13
Hence, the amount of the loan is $2,010.13
The above formula should be applied for the same
how do banks benefit of giving people loans
Answers
Answer: It all ties back to the fundamental way banks make money: Banks use depositors' money to make loans. The amount of interest the banks collect on the loans is greater than the amount of interest they pay to customers with savings accounts—and the difference is the banks' profit.
Explanation: Hopefully this helped!
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It all ties back to the fundamental way banks make money: Banks use depositors' money to make loans. The amount of interest the banks collect on the loans is greater than the amount of interest they pay to customers with savings accounts—and the difference is the banks' profit. I agree with the other person it was on the internet. Hope this helped :)
Step 3: Now, let’s identify the factors that affect the Business Environment
As big as our economy is, it is still sensitive to changing dynamics that affect its performance and vitality. Consider these factors and how they impact business. CHOOSE JUST THREE FACTORS TO GIVE AN EXAMPLE FOR BELOW.
Economic: Jobs, interest rates & inflation are some of the forces that affect supply and demand, which determines how prices and quantities of goods and services perform in our economy.
Political/Legal: The stability of a government, and the types of laws it passes affects businesses profitability and investment
Demographic: Businesses have to consider their market’s age, gender, race, ethnicity and location.
Social: Attitudes, values, ethics, and lifestyles—influence what, how, where, and when people purchase products or services. They are difficult to predict, define, and measure because they can be very subjective.
Competition: Competition causes business to develop new products, services and technologies, and offer consumers greater selection and better products. The greater the selection of a good is in the market, prices are typically lower for the products,Global: Immigration/Refugees, political factors, tariffs, climate events and competition.
Technology: The use of science and engineering skills can be used to solve production and organizational problems. New equipment and software that improve productivity and reduce costs can be among a company’s most valuable assets.
Step 4: Choose THREE factors from the above list, and give an example of how you see this work in the economy:
(Name Factor here): (Example here of where you have seen this factor demonstrated).
(Name Factor here): (Example here of where you have seen this factor demonstrated).
(Name of factor here): (Example here of where you have seen this factor demonstrated).
(Example: Political/Legal: The Federal Reserve System)
Do you need more help understanding this topic? Read the linked article below.
Understanding the Business Environment (Link to Article)https://opentextbc.ca/businessopenstax/chapter/understanding-the-business-environment/
Answers
Ale jak się okazało w Polsce dniu narty nie skierowane to dniu tym świecie i jest ogóle nie ma problemu z tym że nie ma przecieku co w wszystko jutrzejszym terminie
In general, how would you describe the U.S. Economy to someone else?
Answers
The U.S. is a mixed economy, exhibiting characteristics of both capitalism and socialism. Such a mixed economy embraces economic freedom when it comes to capital use, but it also allows for government intervention for the public good.
The three-step analysis to determine cash provided or used by investing activities includes?
Answers
The three-step analysis to determine cash provided or used by investing activities includes: identifying changes in investing-related accounts, reporting the cash flow effects and explaining the changes using T-accounts and reconstructed entries.
What do you mean by Cash Flow statement?A cash flow statement is a financial statement that exhibits how modifications in the accounts of the balance sheet and income impact cash and cash equivalents, and breaks the analysis down to operating, investing and financing activities.
In analysing cash flows in a business there are three types of cash flow: from operating activities, from investing activities, and from financing activities.
Cash flow from investing activities involves cash used for various investments over a particular period. This can include purchase of property, equipment, acquisition of other businesses, and investment in marketable securities.
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the risk free rate currently have a return of 2.5% and the market risk premium is 6.61%. if a firm has a beta of 1.42, what is its cost of equity?
Answers
The cost of equity can be calculated using the capital asset pricing model (CAPM) which is expressed as:
Cost of equity = Risk-free rate + Beta x Market risk premium
Given that the risk-free rate is 2.5%, the market risk premium is 6.61%, and the firm has a beta of 1.42, we can calculate the cost of equity as follows:
Cost of equity = 2.5% + 1.42 x 6.61%
Cost of equity = 2.5% + 9.38%
Cost of equity = 11.88%
Therefore, the cost of equity for the firm is 11.88%. This means that the firm's shareholders would require a return of 11.88% on their investment in the firm's stock to compensate for the risk associated with investing in the firm, given the level of systematic risk (as measured by beta) and the current market conditions.
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the systematic liquidation of a sum of money is provided by a(n)
Answers
The systematic liquidation of a sum of money is provided by an annuity. An annuity refers to a financial product or contract that provides a series of periodic payments over a specified period.
An annuity commonly used to provide a steady income stream or to liquidate a sum of money systematically. When an individual or organization chooses to liquidate a sum of money through an annuity, they enter into an agreement with an insurance company or financial institution. The annuity contract specifies the payment amount, frequency (such as monthly, quarterly, or annually), and the duration of the payments.
The annuity payments can be structured in various ways. For example, a fixed annuity provides regular payments of a predetermined amount, while a variable annuity offers payments that fluctuate based on the performance of underlying investments. There are also immediate annuities, where payments begin immediately after the initial investment, and deferred annuities, where payments are postponed to a future date.
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Sunland Company owns equipment that cost $73,000 when purchased on January 1, 2019. It has been depreciated using the straight-line method based on an estimated salvage value of $13,000 and an estimated useful life of 5 years. Prepare Sunland Company's journal entries to record the sale of the equipment in these four independent situations. (a) Sold for $39,000 on January 1, 2022. (b) Sold for $39,000 on May 1, 2022. (c) Sold for $22,000 on January 1, 2022. (d) Sold for $22,000 on October 1, 2022.
Answers
Answer and Explanation:
The journal entries are shown below;
(a)
Cash $39,000
Accumulated Depreciation $36,000 [($73,000 - $13,000) × 3 ÷ 5]
To Equipment $73,000
To Gain on Sale of Equipment $2,000
(being the sale of equipment is recorded)
(b)
Depreciation $4,000 [($73,000 - $13,000) ÷ 5 × 4 ÷12]
To Accumulated Depreciation $4,000
(being depreciation expense is recorded)
Cash $39,000
Accumulated Depreciation $40,000 ($36,000 + $4,000)
To Equipment $73,000
To Gain on Sale of Equipment $6,000
(being the sale of equipment is recorded)
(c)
Cash $22,000
Accumulated Depreciation $36,000
Loss on Sale of Equipment $15,000
To Equipment $73,000
(being the sale of equipment is recorded)
(d)
Depreciation $9,000 [($73,000 - $13,000) ÷ 5 × 9 ÷ 12]
To Accumulated Depreciation $9,000
(Being depreciation expense is recorded)
Cash $22,000
Accumulated Depreciation $45,000 ($36,000 + $9,000)
Loss on Sale of Equipment $6,000
To Equipment $73,000
(being sale of equipment is recorded)
A historian might argue that the trade described in the passage reflected a turning point in world history primarily because the opium trade:.
Answers
The trade reflected a turning point because the opium trade shifted the pattern of historic European trade imbalances with China.
What is trade?Trade simply means the transfer of goods from one entity to another. It's the action of buying and selling.
In this case, a historian might argue that the trade described in the passage reflected a turning point in world history primarily because the opium trade because the opium trade shifted the pattern of historic European trade imbalances with China.
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Commercial food innovators spend several months perfecting flavors using test kitchens and expert taste testers, and then even more time creating brand names, logos, and packaging. As marketers, using research to develop food innovation flavor profiles requires our _________ skills while using creativity to develop its branding for the marketplace requires our _________ skills.
Answers
As marketers, using research to develop food innovation flavor profiles requires our chemistry skills while using creativity to develop its branding for the marketplace requires our technical skills.
The flavor profiles of a food or beverage can be complex and varied, depending on the ingredients used. For example, a cup of coffee can have a flavor profile that is sweet and nutty, with notes of chocolate and caramel. A glass of red wine can have a flavor profile that is earthy and fruity, with hints of oak and spice.
A juic y steak can have a flavor profile that is savory and smoky, with a hint of garlic and herbs. A piece of dark chocolate can have a flavor profile that is rich and sweet, with notes of cocoa and nuts.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
What is the first step that must
be taken in the dissolution of a
corporation?
Answers
Answer:
D
Explanation:
The first step to closing up shop is receiving shareholder approval to formally close the corporation. The board of directors should adopt a resolution to dissolve the corporation and receive approval for the action.
(PLS HELP ASAP) Davon holds a degree in sports medicine. Which company might be interested in hiring Davon?
Question 3 options:
A- A traveling soccer league looking for an athletic trainer
B- A women's clinic needing sonogram technicians
C- A lab looking for someone to file their DNA analyzer
D- A grocery store looking for a pharmacist
Answers
Answer:
I think it would be answer A.!
Explanation:
Hope this helps please let me know if its correct or not?! :)
Davon might be hired by a touring soccer league searching for an athletic trainee. As a result, choice (A) is the correct reaction.
What is sports medicine?Sports medicine is a subspecialty of medicine that addresses physical fitness as well as the diagnosis, mitigation, and prevention of sports- and exercise-related injuries. Although the majority of sports organizations have long had team physicians on staff, sports medicine has only recently become recognized as a separate area of medicine. Sports medicine is a known medical specialty in various nations.
Sports medicine is a physician (non-surgical) specialty in the vast majority of nations where it is recognized and practiced, but in some (like the USA), it can also be a surgical or non-surgical medical specialty and a specialized area within primary care.
Therefore, option (A) is the accurate answer.
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Forest Beach Company experienced an event that had the following effects on its financial statements.
Balance sheet Income Statement Statement of Cash Flows
Assets=Liab+Equity Rev. − Exp. = Net Inc.
NA = NA+NA NA − NA = NA + IA
Which of the following events could have caused these effects?
Multiple Choice
A. Accrued interest revenue.
B. Loaned cash to an employee.
C. Collected cash for the principal balance of a note receivable.
D. Borrowed cash from a bank.
Answers
The events that could have caused these effects is: D. Borrowed cash from a bank.
What is the events that could have caused these effects?When a company borrows cash from a bank, it increases its assets (cash) and liabilities (loan payable) on the balance sheet. However, it does not affect the equity portion of the balance sheet, which remains unchanged.
In addition, borrowing cash does not generate any revenue or expenses, which explains the NA - NA = NA result in the income statement.
Finally, the borrowing of cash would show up as a cash inflow on the statement of cash flows, but there would be no impact on net income.
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When you are creating a budget, should you use your gross pay or net pay? explain your reasoning.
Answers
Use your net salary rather than your gross pay, which is the sum you are paid after all applicable deductions. Utilize only trustworthy and consistent income. Rent, mortgage payments, and auto payments are examples of fixed expenses that frequently have contracts and are consistent from month to month.
You should decide whether to use your gross or net income when creating a budget before you start. Depending on the budgeting tool you choose, this will change. Some people may advise you to start by listing your gross income, followed by line items for taxes and deductions as costs. Others might request that you begin with your net salary. To avoid duplicate counting a cost in your budget (such health insurance payments that may have already been taken out of your pay), start with your net pay.
When creating a general monthly budget, choosing which revenue figure to use is a pretty small detail because your budget tool will provide guidance, or if you choose to budget manually, you can decide which method is best for you.
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Discuss different trade policies that are currently enacted and if they should be updated in some way.
Then create your own policy about an area in the economy is currently not addressed in current trade policies.
Select the link to access the Trade Discussion.
Answers
U.S. trade policy promotes economic growth through regulations and agreements that control imports and exports with other countries.
Trade allows countries to specialize in the production of the goods and services that align with their comparative advantage.
What are trade barriers?A trade barrier refers to a natural barrier or imposed restraint by government on the flow of international goods or services.
Some examples of trade barrier include import quotas, embargoes, buy-national regulations, distance, language etc.
In conclusion, a trade barrier reducing policy is the policies that the Melanie's country has adopted to reduce international trade barriers.
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bad examples of product adaptation
Answers
Answer: these products failed
New Coke. New Coke is often cited as the ultimate example of one of the most notorious product flops and brand missteps of all time. ...
Crystal Pepsi. Pepsi introduced this clear cola in the early 1990s. ...
Arch Deluxe. ...
Ben-Gay Aspirin. ...
The Zune.
Explanation:
an established product which is bringing in revenue is a comment about which stage of the product life cycle?
Answers
An established product that is bringing in revenue is in the maturity stage of the product life cycle. A product life cycle is the amount of time a product goes from being introduced into the market until it's taken off the shelves.
There are four stages in a product's life cycle - introduction, growth, maturity, and decline. A company often incurs higher marketing costs when introducing a product to the market but experiences higher sales as product adoption grows. Sales stabilize and peak when the product's adoption matures, though competition and obsolescence may cause its decline. The concept of product life cycle helps inform business decision-making, from pricing and promotion to expansion or cost-cutting.
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VW's decision to commit significant financial and R&D resources to electric vehicles can best be described as ____ approach to business ethics.
Answers
VW's decision to commit significant financial and R&D resources to electric vehicles can best be described as a socially responsible approach to business ethics.
This approach emphasizes the importance of considering the impact of business decisions on society and the environment, and making choices that balance profitability with ethical considerations. By investing in electric vehicles, VW is not only responding to market demand for more sustainable transportation options, but also making a conscious effort to reduce its environmental impact and contribute to addressing the global climate change. This can be seen as responsible actions to mitigate the negative impact of its past actions, such as the Dieselgate scandal.
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PLEASE HELP AND HURRY!!!
Just tell me A B C or D for these 3 questions... Thanks so much
Answers
Answer:
C A D
Explanation:
Based on the values in Cells B77:B81, what function can automatically return the value in Cell C77?B C
76 Sales
77 $794 $1,020
78 $721
79 $854
80 $912
81 $1,020
a. =Highest() b. =Top()c. =Max() d. =Biggest() e. =Ceiling()
Answers
Based on the values in Cells B77 : B81, the function =Max() can automatically return the value in Cell C77. Hence, option (c) is correct.
Give a brief account on MAX Function.Under Excel's statistical functions, the MAX Function is listed. In a given list of parameters, MAX will return the value that is the largest. It will give the highest number out of a given range of numbers. Instead of counting numbers like the MAXA function does, the MAX function ignores text, empty cells, the logical values TRUE and FALSE, and text values. The highest score, quickest time, largest spending or income amount, etc. can all be determined using MAX in financial analysis. Up to 255 number arguments can be passed to the MAX function in MS Excel 2007 and later versions. Only 30 number parameters can be accepted in Excel 2003 and older versions. Constants, cell references, or ranges can all be used as arguments. The MAX function will not take into account any blank cells, text, or logical values that are present in the specified cell range if an argument to the function is supplied as a reference to a cell, or an array of cells. However, logical values and text summaries of numbers that are passed directly to the function will also be taken into account when calculating the result.
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Property tax, inheritance tax, estate tax, and gift tax are all examples of
Answers
Property tax, inheritance tax, estate tax, and gift tax are all examples of Wealth tax.
Taxes are mandatory contributions collected by government agencies (whether local, regional, or national) from individuals or businesses. Tax revenues fund government activities, such as public works and services such as roads and schools, and programs such as Social Security and Medicare. Taxes are used by the government to implement various welfare programs, including employment programs. There are hundreds of thousands of employees from various departments, and administrative costs must be borne by the government. Tax-Exempt Salary - A tax-exempt salary means a salary for which the employer bears the income tax rather than the employee bears the income tax. Tax-exempt wages are also taxed to employees. Salary is taxed in the year in which the salary is earned or in the year in which the salary income is earned, whichever comes first.
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Swaggy and cool peeps tryna answer or find questions about their business course
Answers
Answer:
..............................