Answer:
reality income
Explanation:
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more economically developed economies (the united states and united kingdom) have a need for more complex accounting standards. true or false
The statement "More economically developed economies (the United States and United Kingdom) have a need for more complex accounting standards" is true because The United States and the United Kingdom are economically developed nations, and their financial systems are among the most complex in the world. Their economies are heavily influenced by global trade, and they are home to some of the world's largest companies.
What are accounting standards?Accounting standards are standards or laws created to standardize financial reporting practices across firms. They serve as guidelines to ensure that financial reporting is complete, consistent, and transparent, and that the information contained in financial statements is useful and relevant to users. They are a critical part of accounting because they make financial statements more meaningful and credible. The need for complex accounting standards in more economically developed economies.
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Further explain the concept of personal finance. (3-4 sentences)
Answer:
Personal finance is the area of study that covers a person's financial activity and how that affects their future. It can be thought of as a component in personal responsibility to understand one's strengths, weaknesses, value to society at large, what it means for someone to succeed or fail financially.
The goal is not necessarily money-related success. Instead, it is about creating an appropriate standard of living and ensuring the individual meets his or her desires most effectively while minimizing risk and without sacrificing freedom. Two keywords are investments (generating positive cash flow) and protection (insurance).
Explanation:
A good communicator will focus on speaking and ______.
Being on time in business situations generally means being about ________________.
Answer:
Being on time in business situations generally means being about 5 minutes early
Explanation:
5 minutes late is acceptable with a brief apology. Ten to fifteen minutes late requires a phone call to warn of the delay and to apologize.
Louise is a 63-year old widow who has just retired. Louise owns her home, has no debt, and lives on Social Security payments, a pension, interest from her Certificates of Deposit, and a passbook savings account at a local bank. Two of her CDs are due to mature, and interest rates have dropped. Louise would like an investment that will provide more in monthly income than her CDs will at the new lower interest rate. She is concerned about meeting her expenses if her income drops, and she is risk averse. Her representative recommends ABC Equity Asset Allocation Fund to Louise. The fund has had outstanding performance over the past 3 years and is managed by a well-known money manager. Is the representative's recommendation suitable for this client
In Louise's case the fund will not meet the client's objective of monthly income
Louise, is a 63-year-old widow who recently retired, owns her home, has no debt, and relies on Social Security benefits, a pension, interest from her certificates of deposit, and a passbook savings account at a nearby bank to make ends meet. She is also a widow and lives alone. Interest rates have decreased, and two of her CDs are about to mature. Since she is risk-averse and worried about how she will pay her bills if her income decreases, Louise is seeking for an investment that would yield a higher monthly return than the new, lower interest rate on her CDs.
However, in her case, the fund won't generate enough money each month to achieve the client's goal. Monthly income is the client's declared investing goal. Since it is a growth fund, the asset allocation fund falls short of this goal. For this client, a low-risk income fund might be suitable.
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Based on the information provided, it does not appear that the representative's recommendation of the ABC Equity Asset Allocation Fund is suitable for Louise.
Louise is described as risk averse and concerned about meeting her expenses if her income drops. The ABC Equity Asset Allocation Fund is an equity fund, which means it invests primarily in stocks and therefore carries a higher level of risk than fixed-income investments like CDs. While the fund may have had outstanding performance over the past 3 years, past performance is not a guarantee of future results and there is no guarantee that the fund will continue to perform well in the future.
Given Louise's age, financial situation, and risk tolerance, it may be more appropriate for her to consider investments that are less risky and provide a more stable source of income. This could include investments such as high-quality bonds, annuities, or other fixed-income investments.
It's important for financial representatives to take into account a client's financial situation, risk tolerance, and investment goals when making investment recommendations. In this case, the representative's recommendation does not appear to be in line with Louise's needs and risk tolerance.
Therefore, it is recommended for Louise to invest in some more stable and less riskier places and not in the ABC Equity Asset Allocation Fund.
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Elena Fargas Charge account statement shows unpaid balance of $6982.25 the monthly finance charge is 1.55% of unpaid ba
Answer:
Find my detailed explanations and computations below
Explanation:
In essence, based on the unpaid balance of $6982.25 with a monthly interest rate of 1.55%, the finance charge on the unpaid balance can be determined as the unpaid balance multiplied by the monthly interest rate as shown
The finance charge for the month=unpaid balance*monthly interest
The finance charge for the month=$6982.25*1.55%
The finance charge for the month=$108.22
The balance owed altogether is the unpaid balance plus the finance charge on the unpaid balance
Total balance unpaid=$6982.25+$108.22
Total balance unpaid=$7,090.47
DETAILS The Cartesian coordinates of a point are given. (a) (4√3,4) (i) Find polar coordinates (r, 8) of the point, where r>0 and 0 ≤ 0 < 2x. (r, 0) = -C (ii) Find polar coordinates (r, ) of the point, where r <0 and 0 ≤ 0 < 2. (r, 0) = =([ (1, -3) (1) Find polar coordinates (r, 0) of the point, where r> 0 and 0 ≤ 0 < 2. (r, 0) = (ii) Find polar coordinates (r, 0) of the point, where r< 0 and 0 ≤ 0 < 2n. (r, 0) = 3. [-/12 Points] (b) MY NOTES
Given Cartesian coordinate of point as `(4√3,4)`. To find the polar coordinates of the point, we use the following formulas: `r= √x^2+y^2, θ = tan⁻¹(y/x)`We have `(x,y) = (4√3,4)`Therefore, `r = √(4√3)^2 + 4^2 = √48+16 = √64 = 8`Note: √(3^2) = 3`tanθ = y/x` `θ = tan⁻¹(y/x)` `θ = tan⁻¹(4/4√3)` `θ = tan⁻¹(1/√3)` `θ = 30°
`Therefore, polar coordinates are `(r,θ) = (8, 30°)`(a)(i) For `r>0 and 0 ≤ θ < 2π, (r,θ)` is `(8,30°)`.(ii) For `r<0 and 0 ≤ θ < 2π, (r,θ)` is `(-8,30°+π)`(b)Given `(x,y) = (1,-3)`Therefore, `r = √1²+(-3)² = √10`Note: √(3^2) = 3`tanθ = y/x` `θ = tan⁻¹(y/x)` `θ = tan⁻¹(-3/1)` `θ = -71.57°`Therefore, polar coordinates are `(r,θ) = (√10,-71.57°)`(b)(i) For `r>0 and 0 ≤ θ < 2π, (r,θ)` is `(√10,-71.57°)`.(ii) For `r<0 and 0 ≤ θ < 2π, (r,θ)` is `(-√10,-71.57°+π)`Therefore, polar coordinates are`(√10,-71.57°)and(-√10,-108.43°)`.
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Insure Corporation reported a net operating loss of $13 million for financial reporting and tax purposes. Taxable income last year and the previous year, respectively, was $13 million and $8 million. The enacted tax rate each year is 25%. Assume that insure qualifies as a type of company that is allowed to carry back on NOL to two prior taxable years, using the earliest year first Prepare the journal entry to recognize the income tax benefit of the net operating loss. (If no entry is required for a transaction/event. select "No journal entry required" in the first account field. Enter your answers in whole dollars.)
To recognize the income tax benefit of the net operating loss (NOL) and the carryback provision, the following journal entries should be recorded:
To recognize the income tax benefit of the NOL in the current year:
Debit: Income Tax Benefit (income tax expense) - $3,250,000 ($\(13,000,000* 25\)%)
Credit: Income Tax Receivable (current asset) - $3,250,000 ($\(13,000,000 x 25\)%)
To record the carryback of the NOL to the prior taxable year:
Debit: Income Tax Receivable (current asset) - $\(3,250,000\)($\(13,000,000 x 25\)%)
Credit: Income Tax Payable (current liability) - $\(3,250,000\) ($\(13,000,000 x 25\)%)
These journal entries capture the tax effects of the NOL and the carryback provision. The specific accounts used may vary depending on the company's chart of accounts and accounting practices. It is recommended to consult with a qualified accountant or tax professional to ensure the proper recording of these transactions based on the company's circumstances and applicable accounting standards.
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emily missed a few payments on her credit card while she was out of work. now she has a debt collector calling her, sometimes up to 20 times a day. which act is the debt collector violating?
emily missed a few payments on her credit card while she was out of work. now she has a debt collector calling her, sometimes up to 20 times a day than Fair Debt Collection Practices act is the debt collector violating.
What does a collector of debts do?A debt collector is generally defined as a person or a business that consistently collects debts owing to others, typically when those payments are past-due, under the federal Fair Debt Collection Practices Act. The process of chasing payments of money or other agreed-upon value owing to a creditor is known as debt collection. Debtors could be either people or companies. A collection agency, sometimes known as a debt collector, is an organization that focuses on collecting debt.
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NEED HELP ASAP
Complete the following sentence.
Chronological, functional, and targeted are just a few of the many formats for writing a _____.
Answer:
I think it's a story/book
Explanation:
because it's the only thing I can think of when I think of the words chronological, functional, and targeted.
Hey, can I please get some help? Thank you!
2.When interest rates are rising, both businesses and consumers will cut back on spending. This will cause earnings to fall and stock prices to drop. ... As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.
Which type of bankruptcy is when a person sells all their assets to eliminate their debt? Chapter 6 Chapter 7 Chapter 11 Chapter 13
The type of bankruptcy which occur wheen is when a person sells all their assets to eliminate their debt is Chapter 7.
What is Chapter 7 bankruptcy?Chapter 7 bankruptcy can be described as the “liquidation” bankruptcy. Businesses going through this type of bankruptcy are past the stage of reorganization and must sell off assets to pay their creditors.
It should be noted that the process works much the same for individuals however the Bankruptcy do make people who can no longer pay their debts get a fresh start by liquidating assets so that they can attend to their debts or by creating a repayment plan, in conclusion Bankruptcy laws also protect financially troubled businesses. This section explains the bankruptcy process and laws.
Therefore, option C is correct.
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Answer: it is c took the assesment and got it right
Explanation: im him
according to the aicpa code of professional conduct, what would a covered member most appropriately do upon learning that another member of an attest engagement team is considering employment with the client?
According to the AICPA code of professional conduct, the covered member should notify an appropriate person in the firm upon learning that another member of an attest engagement team is considering employment with the client.
What is AICPA code of professional conduct?
The American Institute of Certified Public Accountants published the AICPA Code of Professional Conduct, which is a set of codified statements outlining a CPA's ethical and professional obligations. The code outlines requirements for auditor independence, objectivity, and integrity as well as obligations to customers and coworkers and behaviors that are detrimental to the accounting profession. The code must be written, revised, and reissued by the AICPA every year on June 1. In his speech to the American Association of Public Accountants' annual meeting in 1907, Joseph Edmund Sterrett discussed the controversy and problems surrounding the creation of a code of professional conduct.
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to estimate the company's wacc, marshall inc. recently hired you as a consultant. you have obtained the following information. (1) the firm's noncallable bonds mature in 20 years, have an 8.00% annual coupon, a par value of $1,000, and a market price of $1,050.00. (2) the company's tax rate is 25%. (3) the risk-free rate is 4.50%, the market risk premium is 5.50%, and the stock's beta is 1.20. (4) the target capital structure consists of 35% debt and the balance is common equity. the firm uses the capm to estimate the cost of common stock, and it does not expect to issue any new shares. what is its wacc? a. 8.73% b. 9.19% c. 7.48% d. 8.29% e. 7.88%
The average interest rate a business anticipates paying to finance its assets is known as WACC. The company's Weighted average cost of capital (WACC) is 9.19%.
A company's average after-tax cost of capital from all sources, including common stock, preferred stock, bonds, and other types of debt, is represented by the term "weighted average cost of capital" (WACC). Because it reflects the return that both bondholders and shareholders require in order to supply the firm with capital in a single amount, the necessary rate of return (RRR) may be calculated using the weighted average cost of capital (WACC). A company's WACC is probably going to be higher if its stock is more volatile or if investors think its debt is riskier since they will be looking for larger returns.Calculation of WACC of Marshall Inc.
Calculation of cost of Equity (CAPM)= Risk free rate + Beta * Market risk premium
= 4.50% + 1.20 * 5.50%
= 4.50 + 6.60%
= 11.10%
Calculation of cost of Debt (Bond)Price= Interest + PVAF (YTM,n) + Maturity value * PVF (YTM,n)
where, YTM = Cost of debt
n = Pewil
Using IRR technique
At YTM = 8%
Price = Par value ( because coupon rate = YTM )
= $1000
At YTM = 7%
Price = 8% × PVAF (75, 20) + 1000 × PVF (7%,20)
= 80 × 10.5940 + 1000 × 0.2584
= 847.52 + 258.40
= $1105.92
Interpolation
YTM = down rate + \(\frac{Price at low rate - Current price}{Price at lower rate - Present higher rate}\) × (H - L)
= 7% + \(\frac{1105.92-1050}{1105.92-1000 }\) × ( 8 - 7 )%
= 7% + \(\frac{55.92}{105.92}\) × 1%
= 7% + 0.53%
= 7.53%
WACC = [7.53 ( 1 - 0.20) × 35%] + [11.01% × 65%]
= [6.04% × 0.35] + [11.01% × 0.65]
= 2.114% + 7.156%
= 9.19%
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the authority to regulate production and transport of oil and natural gas in texas belongs to which agency?
a. national military bases
b. Texas railroad commission
c. Texas retained control of its public lands
d. the Interior Lowlands
The Texas Railroad Commission is the entity with the authority to control oil and natural gas production and transportation in Texas.
In Texas, who oversees the oil and gas sector?The Texas Railroad Commission oversees oil and gas production in Texas primarily.
Who oversees Texas's natural gas industry?The Texas Railroad Commission is primarily responsible for regulating the natural gas sector in Texas (RRC). Regarding the billing, buying, selling, shipping, transporting, or gathering methods used by natural gas providers, you can file a complaint with the RRC. You can lodge concerns with our office no matter the utility.
The Texas Railroad Commission, what was it?A constitutional and statutory duty to eliminate discrimination in railroad charges and create fair tariffs led to the creation of the Railroad Commission of Texas in 1891. One of the first of its sort in the country, it is also the oldest regulatory body in the state.
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Help ASAP please! The topic is : Deepwater horizon oil spill.
The Deepwater Horizon oil spill was a catastrophic environmental disaster that occurred in the Gulf of Mexico on April 20, 2010, when an explosion caused the release of approximately 4.9 million barrels of crude oil into the ocean.
The incident was caused by a combination of equipment failure, human error, and inadequate safety regulations. It resulted in the deaths of 11 workers and had severe consequences for marine life, coastal ecosystems, and the local economy.
The Deepwater Horizon oil spill lasted for 87 days and is considered the largest marine oil spill in the history of the petroleum industry. The spill had significant environmental impacts, including the deaths of thousands of birds, marine mammals, and sea turtles, as well as damage to seagrass beds, coral reefs, and coastal marshes. The economic fallout was also substantial, with the fishing and tourism industries suffering major losses. The incident led to increased scrutiny of offshore drilling practices and the implementation of new safety regulations to prevent similar disasters in the future.
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Which of the following is true of entrepreneurial organizational structures? Choose all that apply.
A. They are flat.
B. They are common to large corporations.
C. They are common to start-up businesses.
D. A single leader makes most decisions.
E. Communication is indirect.
F. Tasks are usually standardized.
Answer: A. They are flat.
C. They are common to start-up businesses.
D. A single leader makes most decisions.
Explanation:
Entrepreneurial business structure is a structure whereby, the owner of the bsuniess makes every decisions. It is often a start up company or a small company and there's a direct mean of communication as the owner has few workers.
The structure is typically flat and the roles are not well defined. It also give rooms for promotion of ideas as workers can give opinions on certain issues.
Answer:
A,B,C,F
Explanation:
hello im Michal the fox how may tails i have three,two or,four
Answer:
2
Explanation:
five paragraph in which you describe the business, target markets, what the company could do to improve, utilizing basic marketing research strategies. Before submitting, make sure that your essay is thorough, clear, and descriptive.
To write an essay on business, target markets and strategic advantages using marketing research you can conduct online research on company websites, business news and trusted websites to form your ideas consistently.
How does conducting marketing research help companies?It is essential that before entering the market or developing new products and services, organizations develop marketing research to better understand the characteristics of the market, the public, their needs and desires, in order to segment the market in a way that is aligned with the location.
Therefore, conducting marketing research is a planning strategy that increases the value of a company in the market, gives it subsidies to build a positive relationship with the potential consumer, in addition to increasing the speed of processes, quality and positioning in the market.
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how can a manager guarantee the coordination of many people doing many specific jobs while meeting the quality expectations of customers? group of answer choices always observe them develop standards hire experienced help discipline them rigorously
The manager can Develop Standard to guarantee the coordination of many people doing many specific jobs while meeting the quality expectations of customers.
Hence, Option 2 is correct.
What is the role of manager?
Clearly communicate the goal to employees.Select the right individuals for each task.Motivate employees to reach each objective.Set appropriate deadlines.Check in with employees to ensure they’re making progress.Set key performance indicators to measure success.Regularly review performance metrics.Make strategy adjustments as necessaryTo maintain coordination.By Developing Standard a manager can maintain and fulfill the expectations of customers and maintain coordination between the people.
Hence, Option 2 is correct.
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the company "Hives for Live" is both a ____ and a _______ organization at the same time
The company "Hives for Live" is both a partnership of Turco and a Reese organization at the same time. By definition, a partnership business consists of two or more individuals who pool their resources to create a company and agree to split the risks, rewards, and losses.
Law firms, medical groups, real estate investment firms, and accountancy groups are typical instances of partnership company. The simplest form of joint ownership for two or more people is a partnership. Limited partnerships (LP) and limited time liability partnerships are the two most prevalent types of partnerships (LLP). The three various forms of partnership are as follows: Partnership in general. collaboration with a limit.
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When companies adopt the strategy formulation, strategy execution process, the first step is to Group of answer choices develop a strategic vision, mission, and values. execute the company's chosen strategy efficiently and effectively. adopt a proven business model, decide on the company's top management team, and craft a strategy. set objectives and develop a profitable business model to meet those objectives. monitor internal and external developments and initiate corrective adjustments to the business model when necessary.
Answer:
develop a strategic vision, mission, and values.
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;
I. Value.
II. Vision.
III. Mission.
On a related note, when companies adopt the strategy formulation, strategy execution process; the first step is to develop a strategic vision, mission, and values that would effectively and efficiently help it in achieving its aim, goals, objectives, and procedures in order to enhance the survival, growth, and overall effectiveness of a business firm.
Required information
[The following information applies to the questions displayed below.]
On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,390 in assets to launch the business. On December 31, the company’s records show the following items and amounts.
Cash $ 13,210 Cash withdrawals by owner $ 1,460
Accounts receivable 13,320 Consulting revenue 13,320
Office supplies 2,720 Rent expense 2,950
Land 45,910 Salaries expense 6,290
Office equipment 17,350 Telephone expense 830
Accounts payable 7,970 Miscellaneous expenses 640
Owner investments 83,390
Using the above information prepare a December income statement for the business.
Based on the information given the December statement of cash flows for Ernst Consulting is $2,610.
Income statement:ERNST CONSULTING Income Statement For Month Ended October 31
REVENUES
Consulting fees earned $13,320
Total revenues $13,320
EXPENSES
Rent expense $2,950
Salaries expense $6,290
Telephone expense $830
Miscellaneous expenses $640
Total expenses $10,710
($2,950+$6,290+$830+$640)
Net income $2,610
($13,320-$10,710)
Inconclusion the December statement of cash flows for Ernst Consulting is $2,610.
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don believes that women have difficulty coping with the stress of executive decisions. alexandria is promoted into a senior management position, and don soon complains that alexandria won't be able to cope with this job because she is female. don is exhibiting which of the following perceptual errors
Don is exhibiting which of the following perceptual errors: Stereotyping,
Perceptual questioning is the system whereby the response to information or stimuli can be progressed through revel in particular environments via various responsibilities and strategies. This way of thinking can be included in experiential studying applications to make administrative center schooling extra powerful.
Seeing, listening, smelling, tasting, and touching is more suitable by way of behaviors that facilitate the detection of data. The facilitating behaviors are exploratory in that they're experimental and precursory. Examples of perceptual learning encompass growing the potential to distinguish among unique odors or musical pitches and the capability to discriminate between one-of-a-kind sunglasses of colors.
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Which quality is a requirement In order for a destination to become a tourism destination area (TDA)?
A. should be accessible by road
B. should be in a developed country
C. should have a unique feature
D. should have a moderate climate
Describe a situation where you might want to print out your contact list. Which format for printing would you choose? Why?
The choice of format for printing out your contact list would depend on the specific needs of the situation and the amount of information that needs to be included.
One situation where you might want to print out your contact list is when you need to share your contacts with someone who does not have access to your electronic devices. For example, if you are traveling to a foreign country and need to provide your emergency contact information to your hotel or tour guide, printing out your contact list would be a useful way to share that information. In terms of format, the most common option is to print the contact list as a simple list, sorted alphabetically by name or by contact type (e.g. family, friends, work, etc.). This allows for easy scanning and searching, and also takes up less space on the page. Another option would be to print the contact list as a booklet or a folded card, which can be more portable and convenient to carry around. If you need to include additional information such as phone numbers, email addresses, and physical addresses, you may want to choose a format that allows for multiple columns or rows, such as a table or spreadsheet. This would make it easier to read and compare information across different contacts.
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Shonda earns $8 per hour working at Taco Town. Her paycheck this week is $199 for 30 hours of work. What amount was withheld from Shonda's paycheck for payroll taxes?
Payroll taxes totaling $24 were deducted from Shonda's salary. If Shonda is paid $8 an hour to work at Taco Town
What do Indian payroll taxes entail?15% of yearly income from INR 7.5 and INR 10 lakhs Income between INR 10,000 and INR 12,50,000 per year equals 20% 25% of those with monthly incomes of INR 12.5–INR 15 lakhs Income greater than 15 lakhs every year equals 30%
Shonda's gross pay must first be determined.
Hourly rate times the quantity of hours performed equals gross pay.
$8 per hour at a gross wage of $240 is the result of working 30 hours.
The amount of income tax withheld must then be determined:
Gross income multiplied by the tax rate equals the amount of tax withheld.
$240 multiplied by 0.10, which equals $24 in tax withheld
The PAYE tax calculation process.
Earnings throughout the pay period, that in the UK is normally 1 month, are used to compute PAYE and determine how much is paid. Employees who qualify are given a personal allowance by the UK tax office. This is the annual salary an employee can make without having to pay taxes.
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what is used to repair big brass band instruments worksheet
There is no specific term for a worksheet used to repair big brass band instruments.
In the context of repairing big brass band instruments, there isn't a universally recognized or specific term for a worksheet used for repairs. However, repair professionals typically use various resources such as repair logs, work orders, checklists, and parts inventory sheets to document and track the repair process. These resources help technicians organize their work, maintain repair records, track inventory, and ensure thorough repairs. While there isn't a singular term for such a worksheet, these tools collectively support the repair and maintenance of big brass band instruments.
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Otani is a Japanese e-commerce company that is building an American e-commerce company in South Carolina with administration, sourcing, logistics, and data centers all based in America. This arrangement is an example of a(n) _______.
a. joint venture
b. franchise
c. export agreement
d. foreign direct investment
An example of a foreign direct investment is the business arrangement that is built by Otani company in the South Carolina.
What is a foreign direct investment?A foreign direct investment refers to a business investment in the form of controlling ownership in other country by an company based in another country.
A foreign direct investment is an aim that involves a business international penetration because it allows them to get a market shares in the foreign boarders.
Hence, the example of a foreign direct investment is the business arrangement that is built by Otani company in the South Carolina.
Therefore, the Option D is correct.
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A tax that takes a higher percentage of income from people with lower
incomes is a
A. progressive tax
B. deductive tax
C. dependent tax
D. regressive tax
A regressive tax is a tax that takes a higher percentage of income from people with lower incomes. Hence, option D is correct.
What is regressive tax?When the overall tax burden drops as income increases, the tax is said to be regressive. While middle- and high-income taxpayers suffer a proportionally smaller part of the tax burden, low-income taxpayers bear a disproportionately large share.
Every taxpayer, regardless of economic level, pays the same amount of money, a regressive tax may initially seem to be a fair method of taxing residents. A closer analysis reveals that such a tax results in lower-income persons paying a bigger percentage of their income than do wealthy ones.
Thus, option D is correct.
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