We are evaluating a project that costs $735,200, has an eight-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 80,000 units per year. Price per unit is $48, variable cost per unit is $33, and fixed costs are $730,000 per year. The tax rate is 22 percent, and we require a return of 12 percent on this project. Suppose the projections given for price, quantity, variable costs, and fixed costs are all accurate to within ±15 percent.(a-1) Calculate the accounting break-even point. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)(a-2) What is the degree of operating leverage at the accounting break-even point? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)(b-1) Calculate the base-case cash flow and NPV. (Do not round intermediate calculations. Round your cash flow answer to the nearest whole number, e.g., 32. Round your NPV answer to 2 decimal places, e.g., 32.16.)(b-2) What is the sensitivity of NPV to changes in the quantity sold? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)(c) What is the sensitivity of OCF to changes in the variable cost figure? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. )

Answers

Answer 1

Answer:

Was your question removed?

Explanation:


Related Questions

Column A of Irma’s spreadsheet contains titles for each row, but her document is too big and will be printed three pages across. She wants to be sure that every page will be understood. What can Irma do to help with this problem? A. She can use freeze panes. B. She can use print titles. C. She can use split boxes. D. She can use page breaks.

Answers

Answer:

A. She can use freeze panes.

Freeze panes is a feature in spreadsheet software that allows a user to keep the top rows or columns visible while scrolling through the rest of the document. This can be useful in Irma's case, where the document is too big and will be printed across multiple pages, to ensure that the titles for each row will be visible on every page, making it easier for the reader to understand the content.

B. She can use print titles, it is also a feature in spreadsheet software that allows a user to specify which rows or columns should be repeated at the top of each page when the document is printed.

It will also help Irma to make sure the titles of each row will be visible on every page.

Thet has been a growing issue at your store during hours of operation when there are few colleagues stated at the store. Due to the lack of stat, there is
less chance of spotting that
What would you be most and east likely to co
PICK ONE OF EACH
Move a coleague from the register to the floor. This may lead to longer lines, but will reduce thelt and provide good service to customers
Conduct training with colleagues to ensure they are using appropriate asset protection techniques, such as being aware of one's
Ty to deter that by posting signs and making announcements to potential shopiters about security cameras and the monitoring
activities.
Limit the quantity of trequenty stolen tems on shelves. While this may convenience some of your customers, it will also help reduce
O

Answers

Answer: what exactly do I write about?

Explanation:

Most likely to conduct training with colleagues to ensure they are using appropriate asset protection techniques, as it can proactively address the issue of theft without compromising customer service. Least likely to limit the quantity of frequently stolen items on shelves, as it may inconvenience customers and affect sales negatively.

The question is discussing various strategies to mitigate theft in a retail setting due to few employees being present during certain hours. One strategy is to redistribute staff responsibilities and move a colleague from the register to the floor. This may slow down checkout times, but will likely decrease theft and improve overall customer service.

Another strategy is to conduct training with colleagues to enhance their asset protection skills. This includes steps like increasing vigilance and awareness of their surroundings. This approach relies on preventative measures.

A third approach is to deter theft by posting signs and making announcements about the presence of security cameras and ongoing surveillance. This acts as a deterrent by making potential shoplifters aware that they're being watched.

Finally, the store can limit the quantity of frequently stolen items displayed on shelves. While this might inconvenience some customers, it will also likely reduce theft.

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A written report that contains just a few pages that sum up the marketing plan's main points is called a .

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The marketing plan's main points is called an executive summary. An executive summary, as the name implies, gives a quick review of your marketing strategy. It provides an overview of your brand objectives, marketing goals, and related activities in one or two pages and summarizes the main findings of your marketing research.

The main objectives of the executive summary are to draw the reader's attention and to present a streamlined version of the major document, such as a business marketing plan. The executive summary of your company strategy serves as an overview for readers. It should highlight what they can expect to learn and encourage them to keep reading.

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Describe the main types of business entities and their defining characteristics.
Apply product liability law and determine what issues are present. How would you advise your client to mitigate those issues?
Apply the elements and characteristics of an agency relationship to Sam’s actions. Does Sam’s involvement prior to the business formation, as well as his anticipated role once the business is formed, create an agency relationship? Why or why not?
Identify potential real property issues based on the location of the business on the family farm. Justify each potential issue
Does the manufacture of Fred’s Miracle Cough Syrup on the family farm necessitate a formal transfer of ownership or possessory rights? Defend your response.
Identify potential personal property issues based on the use of Sam’s personal vehicle to deliver the product. Justify each potential issue.
Does the use of Sam’s personal vehicle in the course of business expose Sam or the business to any liability issues? Defend your response.
Identify potential estate planning issues with regard to the business and the family farm. Justify each potential issue.
What estate planning vehicles are available to Fred and Sally should they desire to transfer ownership in the business and family farm, respectively, to Sam and Lilly equally? What are the advantages and disadvantages to each?
Applying your analysis of the issues above, which type of business entity do you recommend for Fred’s Miracle Cough Syrup and why?

Answers

There are several primary categories of business enterprises, each having distinctive traits. The most prevalent types are corporations, partnerships, limited liability companies (LLCs), and sole proprietorships.

Business categories

The business categories include:

Sole Proprietorship: The simplest type of company entity is a sole proprietorship. It is run and owned by a single person. The owner has total control over the company and is responsible for all of its liabilities. There is no independent legal existence for the company from the owner.

Partnership: A partnership is a legal arrangement in which two or more people own equal shares of the company's assets and liabilities. General partnerships and limited partnerships are the two primary forms of partnerships.

Limited Liability Company (LLC): An LLC is an adaptable corporate structure that offers its owners, also referred to as members, limited liability protection. This indicates that members are often not held personally accountable for the debts and obligations of the firm.

A corporation is a legal entity that exists independently of its stockholders, who are its owners. It is established by submitting articles of incorporation to the relevant government agency. For the debts and liabilities of the business, the shareholders are only partially liable.

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A company reported annual sales revenue of $2,200,000 in 2019. During the year, accounts receivable decreased from a $56,000 beginning balance to a $48,000 ending balance. Accounts payable decreased from a $44,000 beginning balance to a $32,000 ending balance. How much is cash received from customers for the year

Answers

Answer:

$2,208,000

Explanation:

Calculation to determine How much is cash received from customers for the year

Using this formula

Cash Received=Annual sales revenue+(Beginning balance-Ending balance)

Let plug in the formula

Cash Received=$2,200,000 + ($56,000 – $48,000)

Cash Received=$2,200,000+$8,000

Cash Received = $2,208,000

Therefore The amount of cash received from customers for the year is $2,208,000

Wildhorse Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven 144,000 miles. Taxi 10 cost $29,000 and is expected to have a salvage value of $200. Taxi 10 was driven 31,000 miles in 2021 and 33,500 miles in 2022. Determine the depreciation cost.

Answers

Answer:

Depreciation expense/cost

For 2021 = $6200

For 2022 = $6700

Explanation:

Depreciation expense is the systematic allocation of an asset's cost over its estimated useful life. The depreciation expense is calculated using various methods. The units of activity method charges a depreciation based on the usage of the asset in a particular period as a proportion to its estimated useful life calculated in the form of total usage expected.

The formula for units of activity depreciation per period is,

Depreciation expense = [(Cost - Salvage value) / Total estimated life time activity of the asset]   *  Activity performed during the period

Depreciation expense-Taxi 10:

For 2021 = [(29000 - 200) / 144000]   *   31000  =  $6200

For 2022 = [(29000 - 200) / 144000]   *   33500  = $6700

In marketing his wooden pens and pencils to specialty-shop customers. What marketing straregy Roben was using and why?

Answers

Answer:

concentrated marketing

A document given to a customer by the seller requesting payment for goods bought on credit is known as an:

Answers

Answer:

an Invoice

Explanation:

Byron Books Inc. recently reported $13 million of net income. Its EBIT was $20.8 million, and its tax rate was 35%. What was its interest expense? (Hint: Write out the headings for an income statement, and fill in the known values. Then divide $13 million of net income by to find the pretax income. The difference between EBIT and taxable income must be interest expense. Use this same procedure to complete similar problems.)

Answers

Answer:

Interest expense = $800,000

Explanation:

Given:

Net income = $13,000,000

EBIT = $20,800,000

Tax rate = 35% = 0.35

Find:

Interest expense

Computation:

Net income= (EBIT - Interest expense) × ( 1-tax rate)

$13,000,000 = [$20,800,000 - Interest expense][1-0.35]

20,000,000 = [$20,800,000 - Interest expense]

Interest expense = $800,000

What happens when demand decreases while supply increases

Answers

Explanation: When demand decreases while supply increases, it creates a situation of surplus, also known as oversupply. This is because there is now more supply available in the market than there is demand for it, leading to a surplus of goods or services.

As a result, businesses may have to lower their prices to incentivize consumers to purchase their products or services. This can lead to a decrease in revenue for the businesses and potentially even lower profits. In some cases, businesses may also need to reduce their supply in response to the decrease in demand.

If the surplus persists over a longer period, businesses may also need to cut costs, such as reducing staff or production capacity, in order to remain profitable. This can have broader economic implications, such as rising unemployment rates and a decrease in overall economic activity.

Overall, a decrease in demand while supply increases can have negative consequences for businesses and the economy as a whole.

Answer: When demand increases and supply increases it leads to reduction in the equilibrium price.

Explanation:

The market price will fall as a result of a decline in demand and an increase in supply because, for any quantity, consumers now place a lower value on the item and producers are ready to accept a lower price.

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Explain the positive and negative aspects of entrepreneurship. Draw evidence to support your claim from two other sources.

Answers

Answer:

Advantage #1: A flexible schedule – both in terms of when and where you work. ...

Advantage #3: It's exciting and fulfilling. ...

Advantage #4: The salary makes sense. ...

Disadvantage #1: You wear a lot of hats. ...

Disadvantage #2: You are always at work.

Explanation:

The positive (advantages) and negative aspects (disadvantages) of entrepreneurship are enumerated below:

Control: Entrepreneurship offers the entrepreneur a sense of being in charge and being the captain of the ship.  With freedom of control comes increased risk of business failure.

Responsibility:  The entrepreneur is responsible for her income for life sustenance.  There is no more reliance on a period paycheck.  The entrepreneur can decide to delight her customers or to scare them away.

Flexibility: The entrepreneur enjoys flexibility in work schedule.  She works at her own pace.  The downside is that your customers dictate when you work.  The workload may increase more than your capacity to handle. Thus, flexibility does not happen always until you have established the business properly.

Profit-making:  As the business makes profits, the entrepreneur is entitled to receive all.  When it makes losses, the entrepreneur similarly bears all.

Thus, there are numerous benefits in being an entrepreneur.  But there are also negative aspects of entrepreneurship.

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Management team of Wolverine Corp. is considering the purchase of a new piece of equipment. They believe that new equipment is more efficient and would result in cost savings. Management estimates that the cost savings from the new equipment would result in an annual increase in net income of $200,000. The new equipment will have an initial cost of $1,200,000 and have an 8 year life. The salvage value of the new equipment is estimated to be $200,000. The hurdle rate is 10%. Ignore income taxes.
a. What is the accounting rate of return?
b. What is the payback period?
c. What is the net present value?
d. What would the net present value be with a 15% hurdle rate?

Answers

Answer:

Wolverine Corp.

a. The accounting rate of return = 50%

b. The payback period = 6 years ($200,000 * 6)

c. The net present value = ($39,600)

d. The net present value at 15% = ($237,200)

Explanation:

a) Data and Calculations:

Initial investment cost in new equipment = $1,200,000

Annual incremental net income from cost savings = $200,000

Salvage value of the new equipment = $200,000

Estimated useful life of equipment = 8 years

Hurdle rate = 10%

a. Accounting rate of return = (($200,000 * 8 + $200,000) - $1,200,000)/$1,200,000

= ($1,800,000 - $1,200,00)/$1,200,000

= $600,000/$1,200,000 * 100 = 50%

NPV at 10% hurdle rate:

Initial investment = $1,200,000 * 1 = $1,200,000

Annual incremental savings:

= $200,000 * 5.335 =                        $1,067,000

Salvage value = $200,000 * 0.467         93,400

Total benefits                                     $1,160,400

NPV =                                                    ($39,600)

NPV at 15% hurdle rate:

Initial investment = $1,200,000 * 1 = $1,200,000

Annual incremental savings:

= $200,000 * 4.487 =                           $897,400

Salvage value = $200,000 * 0.327         65,400

Total benefits                                      $962,800

NPV =                                                  ($237,200)

Select the correct answer.
Some social workers work in hospitals.
A. True
B. False

Answers

Answer:

A

Explanation:

The correct answer should be A
Hope that helps!!

Explain other advantages of the autociatic leadership style. se Se busines​

Answers

The autocratic leadership style has several advantages in certain business situations. Firstly, it allows for quick decision-making and efficient execution. In an autocratic leadership approach, the leader has the authority to make decisions without consulting others extensively. This can be advantageous in situations where immediate action is needed or when there is limited time for deliberation. By taking charge and making decisions swiftly, autocratic leaders can ensure that tasks are completed efficiently and objectives are met in a timely manner.

Secondly, autocratic leadership provides clear direction and reduces ambiguity. The leader in this style has a strong control over the decision-making process and can provide clear instructions to their team members. This clarity helps employees understand their roles and responsibilities, minimizing confusion and increasing productivity. Autocratic leaders often set specific goals and expectations, which can be beneficial in situations where precision and adherence to guidelines are crucial.

Additionally, the autocratic style can be effective in organizations or industries that require a hierarchical structure or where strict compliance is necessary. Industries such as the military, manufacturing, or emergency services often rely on autocratic leadership to ensure discipline, maintain order, and promote safety.

However, it is important to note that the autocratic leadership style may not be suitable for all situations or business contexts. It can stifle creativity and innovation by limiting input and involvement from team members. It may also lead to decreased employee satisfaction and motivation, as individuals may feel disempowered or undervalued. Therefore, the autocratic style should be used selectively and combined with other leadership approaches to create a balanced and inclusive organizational culture.

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Xavier needed a new business credit card. After evaluating many choices, he decided to sign up for an American
Express Delta Air Lines card. Within a few moments of his online signup and approval, Xavier received two emails.
The first email included his account information and a link to take a survey to give feedback about his account sign
up experience. The second email pointed him to a social media video that walked him through his new benefits,
showed him how to navigate the website, answered basic questions a new customer may ask, and showed him
how to sign up for account alert emails. American Express's marketing team created an easy way to reinforce a
customer's "purchase" decision. Which IMC tools were used to facilitate this process?
a

Answers

Integrated Marketing Communications is often used in marketing. The IMC tools that were used to facilitate this process is email, survey and social media.

Integrated Marketing Communications os known to be described as putting together or the integration of marketing tools examples advertising, online marketing, etc.

They are known to be promotional tools that are said to be very effective when they used together.

IMC seeks to make a stress-free experience for its customers. The Tools of Integrated Marketing Communications includes

AdvertisingPersonal sellingSocial Media MarketingPublic Relations etc.

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Which of these businesses has the highest failure rate?

Question 1 options:



Bed-and-breakfast




Demolition




Wedding photographer




Brewery

Answers

Failure rate is defined as the frequency that an engineered system fails, and that is shown in failures per unit of time. The business that have the highest failure rate is the Brewery business.

What is Brewery?

A brewery is often known as a brewing firm. It is a company that produces and sells beer. A brewery or a beer house is where commercial beer is created, and different sets of brewing equipment are referred to as plants.

There is the highest failure rate in that type of business because the businessmen invested large amount of capital and there is also the larger amount of risk in that business.

Therefore, option D is correct.

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What basic economic question is addressed in the press release?

Answers

Answer:

for whom to produce

Explanation:

for whom to produce

In 2011, Armenia had a real GDP of approximately $4.21 billion and a population of 2.98 million. In 2012, real GDP was $4.59 billion and population was 2.97 million. Armenia's real GDP per person in 2012 was
A) $1,545
B) $380
C) $1,413
D) $132​

Answers

Answer:

1,413 WAS armenias real GDP per person In 2012

After visiting several automobile dealerships, Richard selects the used car he wants. He likes its $10,000 price, but financing through the dealer is no bargain. He has $2,000 cash for a down payment, so he needs an $8,000 loan. In shopping at several banks for an installment loan, he learns that interest on most automobile loans is quoted at add-on rates. That is, during the life of the loan, interest is paid on the full amount borrowed even though a portion of the principal has been paid back. Richard borrows $8,000 for a period of four years at an add-on interest rate of 11 percent. What is the total interest on Richard’s loan? What is the total cost of the car? What is the monthly payment? What is the annual percentage rate (APR)?

Answers

Answer:

A. $3,520

B. $13,520

C. $240 monthly

D. 21.55%

Explanation:

A. Calculation for the total interest

Using this formula

Interest = (Principal) (Rate) (Time)

Let plug in the formula

Interest = (8000)(.11)(4)

Interest = $3,520

B. Calculation for the total cost of the car

Using this formula

Total Cost = Down Payment + Principal amount Borrowed + Interest amount

Let plug in the formula

Total Cost = $2,000 + $8,000 + $3,520

Total Cost = $13,520

C. Calculation for the monthly payment

Using this formula

Monthly Payment = (Principal amount Borrowed + Total interest amount ) / Total number of payments

Monthly Payment = ($8,000 + $3,520) / 48

Monthly Payment=$11,520/48

Monthly Payment=$240 monthly

Note 4-year * 12 months will give us 48months

D. Calculation for the annual percentage rate (APR) using this formula

APR= (2 × n × I) / [P × (N + 1)]

Let plug in the formula

APR = (2 × 12 × $3,520) / [$8,000 × (48+1)]

APR =$84,480/$8,000×49

APR=$84,480/$392,000

APR=0.2155×100

APR= 21.55%

Briefly summarize the concept of the division of labour. What does Smith think is good about the division of labour?​

Answers

Answer:

the division of labor was a way to make laboring the old times more fair in a way

Explanation:

the main purpose of a coding is to determine the caption under Which acorrespondence is ro filed ​

Answers

A system that places topic headings in precise alphabetical order rather than grouping them according to their conceptual connections.

What is meant by Alphabetic Correspondence Filing?a system that places topic headings in precise alphabetical order rather than grouping them according to their conceptual connections. A registered file is a well-organized collection of documents that are stored together for reference and are related to a certain subject, kind of transaction, or line of business. The initial five steps in filing. Sorting, storing, and filing are included after conditioning, release, indexing, and coding. involves gathering all relevant papers into one pile, taking out all paper clips and staples, affixing smaller papers to larger records, and mending broken records. There are three often used forms of filing arrangements: alphabetical, numeric, and alpha-numeric. These three types are intended to file and reference records in distinct ways.

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6. Sample size for an interval estimate of a population mean
The Cinema Advertising Council is conducting a study to estimate the average number of minutes moviegoers spend at the theater before the previews begin. The study researcher desires a 2-minute margin of error at 90% confidence.
The population standard deviation is unknown, so a best guess is used as the planning value for σ. The council estimates that the smallest amount of time spent at the theater in the population of moviegoers is –5 minutes (a moviegoer arrives 5 minutes late), and the largest amount of time spent at the theater is 25 minutes.
A rough approximation of the population standard deviation is .

Answers

The sample size required for an interval estimate of a population mean with a 2-minute margin of error at 90% confidence is 37.

What is population?

Population is the number of people or other organisms that inhabit a particular area. It is the differentiated components of a population that are of most interest to those studying it. Population size and density, distribution, composition, and dynamics are all important factors when examining populations.

The sample size for an interval estimate of a population mean can be calculated using the following formula:
n = (2*z*σ/E)2
where n is the sample size, z is the number of standard deviations from the mean corresponding to the desired confidence level (e.g. 1.645 for 90% confidence), σ is the population standard deviation (or the best guess of it), and E is the desired margin of error.
In this case, we have z = 1.645, σ = 8.87 (the best guess of the population standard deviation), and E = 2 (the desired margin of error). Plugging these values into the formula, we get:
n = (2*1.645*8.87/2)2 = 37.02
Therefore, the sample size required for an interval estimate of a population mean with a 2-minute margin of error at 90% confidence is 37.

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Relate systems management theory

Answers

Explanation:

Management theories are concepts surrounding recommended management strategies, which may include tools such as frameworks and guidelines that can be implemented in modern organizations. Generally, professionals will not rely solely on one management theory alone, but instead, introduce several concepts from different management theories that best suit their workforce and company culture.

Measuring actual performance can be done through:



a.
Assessing the behavior of employee



b.
Assessing the output of employee



c.
Both are correct


d.
Non are correct

Answers

Answer: c.  Both are correct

Explanation:

Assessing the output of an employee shows some of the actual performance of that employee as it shows just how much they have contributed to the overall output of the company.

Assessing employee behavior also shows actual performance because behavior can influence output for example, how often the employee shows up to work and their work ethic when there. In the service industry as well, behavior can affect company sales as people react to how they are treated. It is therefore an important matric for actual performance evaluation.

Determine the total expenses based on the following data

assets 72,000
owner's equity 70,000
revenues 20,000
liabilities 16,000

Answers

From the given data, it appears that the expenses result in a negative value of $-14,000. This indicates a deficit, which suggests that the company's liabilities and owner's equity exceed its assets.

To determine the total expenses based on the given data, we need to use the accounting equation: Assets = Liabilities + Owner's Equity. In this case, we are given the values of assets, owner's equity, and liabilities.

Assets = $72,000

Owner's Equity = $70,000

Liabilities = $16,000

Using the accounting equation, we can calculate the total expenses by rearranging the equation:

Expenses = Assets - Liabilities - Owner's Equity

Expenses = $72,000 - $16,000 - $70,000

Expenses = $-14,000

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In the sentence They discussed four important issues at the meeting, the word at is a(n) ____.

preposition
adverb
conjunction
adjective

Answers

From the sentence, it can be deduced that "at" is used a preposition.

What is a preposition?

It should be noted that a preposition simply means a word that is used before a noun or pronoun to show direction, place, time, etc.

In the sentence "They discussed four important issues at the meeting", the word at is a preposition. It is used to show where the issue took place.

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100 pts
The table identifies how many thousands of units of corn and diamonds the United States and Congo can produce in one week. Use this data to answer the question that follows.


Corn

Diamonds

United States

60

10

Congo

20

5



Which statement is true based on the data table?
The United States should specialize in diamonds and trade for corn.
The United States should specialize in corn and trade for diamonds.
Congo should specialize in corn and trade for diamonds.
Congo should specialize in both corn and in diamonds.

Answers

Answer:

In view of the units of corn and precious stones delivered by the US, the open-door cost of creating corn is B. 10⁄60.

What is the open-door cost of delivering corn?

The open-door cost of delivering corn to the US would be the number of precious stones that are surrendered to make one unit of corn.

This can be found as:

= Units of jewels/Units of corn

= 10/60 jewels

All in all, choice B is right.

Answer:

B) The United States should specialize in corn and trade for diamonds.

Explanation:

I got it right on the test

Which phrase best describes the real interest rate?
A. The nominal interest rate plus the rate of inflation
OB. The rate of inflation minus the nominal interest rate
C. The nominal interest rate minus the rate of inflation
D. The rate of inflation times the nominal interest rate

Answers

Answer:

C. the nominal interest rate minus the rate of inflation

Explanation:

normally the nominal interest rate is set while taking into account the purchasing power as money lose value as time goes on, therefore to get the real interest rate the influence of inflation on interest rate must be excluded.

Answer:

C) The nominal interest rate minus the rate of inflation.

Explanation:

I got it right on the test

What time of the year does tax day always occur in the US

Answers

Answer:

Around April 15th!

Explanation:

Every year except this year has been April 15th! But since CO VID- 19 hit the IRS pushed it back until May 17th! Hope this helps! Plz mark as brainliest!

Answer:

the date is usually on or around April 15

Which is these is true about trusts?
OA. They have less tax liability.
OB. They have multiple beneficiaries.
C. They require power of attorney.
OD. They have more tax liability.

Answers

Answer: The answer is They have more tax liability.

Explanation:Trust is a fiduciary relationship.In this, a first party gives the right to assets or the right to hold the title to a second party for the benefit of a third party.The first party is called the Grantor.The second party is called as the Trustee.The third party is called as the Beneficiary.As the trust is a seperate legal and taxable entity, the tax payment of the trusts depend upon whether it is a simple trust,complex trust or a grantor trust.The tax brackets of trusts are more compressed.So, the trusts pay more taxes than individual taxpayers.

Other Questions
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