BUSINESS HIGH SCHOOL

Both corporate and individual income taxes are set at _____ rates.a. high
b. progressive
c. regressive
d. low

Answers

Answer 1
Answer: Both corporate and individual income taxes are set at progressive rates.

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What is transfer by devise?

Answers

Hi There! :)

What is transfer by devise?

The transfer or conveyance of property by will, usually in reference to real property.

You should not pursue a career in an industry that has experienced even a small decline in employment growth.True
False

Answers

Answer:

The correct answer is "False".

Explanation:

It is not correct to say that if an industry experiences a small decline in employment growth, it affects career choice. This phenomenon can be due to variations in the country's economic cycles, sometimes being affected only in the short term and with a possible rise in the long term.

Have a nice day!

False. The decline could be a short term aberration or it could depend on the industry that is being discussed.

The Davidsons built a new porch on their property. The porch added $2,000 to the property's market value. This is an example of the ________ principle of value.

Answers

Answer:

contribution

Explanation:

Based on the scenario being described within the question it can be said that this is an example of the contribution principle of value. This principle states that the value of a specific element is measured in comparison to what it adds to the value of the property as a whole. Which in this case would be $2000 as that is what the porch adds (contributes) to the value of the entire property.

The personnel department of Credit Counselors is preparing annual reports on employee benefits. Vincent Tucker's gross annual salary is $36,500. His benefits total $10,079.71. What percent of his annual salary are Vincent's total annual benefits?

Answers

Answer:

The percent of his annual salary which are total annual benefits is 27.62%

Explanation:

The value of annual benefits as a percentage of gross annual salary can be calculated by taking the value of annual benefits and dividing it by the gross annual salary.

Percentage = Annual benefits / Gross annual salary

Percentage = 10079.71 / 36500

Percentage = 0.276156 or 27.6156% rounded off to 27.62%

Of the following sets of accounting entries, which one correctly records the purchase of a piece of equipment? A : a $15,000 increase in cash and a $15,000 decrease in equipment, both entered on the same date B : a $5,000 decrease in cash, a $15,000 increase in notes payable, and a $20,000 increase in equipment, all entered on the same date C : a $14,000 decrease in cash, a $4,000 increase in notes payable, and a $10,000 increase in equipment, all entered on the same date D : a $16,000 decrease in notes payable and a $16,000 increase in equipment, both entered on the same date

Answers

Answer: The correct answer is  B : a $5,000 decrease in cash, a $15,000 increase in notes payable, and a $20,000 increase in equipment, all entered on the same date.

Explanation: The option B is correct because we are accounting for a purchase of a piece of equipment. The options in the questions show that the purchase was partly through cash and partly through notes payable. Since that is the case, the appropriate entries should record a cash outflow (credit to cash to decrease it), increase in notes payable as a result (credit to notes payable to increase) and subsequently, increase in equipment (debit to equipment). So, the total credits equal the total debit.

When a player in a game adopts a strategy which always yields the highest benefit regardless of what the other player does, that player is using a(n) __________.

Answers

Answer:

A Dominant Strategy

Explanation:

In game theory, a dominant strategy as the question states is a strategy that seeks to be the better strategy irrespective of what other players do. It is also a strategy that will always yield the highest payoff regardless of the actions of other players.

There are two types of strategic dominance:

A strictly dominant strategy will always provide greater utility to the player using it irrespective of the action or strategy of others

A weakly dominant strategy may not always give greater utility but the strategy strives to ensure that the same payoff or utility is attained equal to the strategy of other players and a greater payoff is attained wherever possible.
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