Business, 20.02.2020 22:26, pinsonjon1129
Suppose the govenment of Marina decides to pay for public radio by taxing people on the basis of the number of hours they listen to it. In order to determine the tax, it decides to conduct a survey. However, if the survey is based on voluntary self-reporting. which of the following is likely to happen? a. In order to evade taxes, individuals may shift from the formal, reported economy to an underground, "off the books economy b. Many individuals may understate the number of hours they listen to public radio to govenment in order to reduce their tax c. People who report many hours of listening may pay a small proportion of their income in public radio tax. d. Many individuals may overstate the number of hours they listen to public radio to government in order to receive a lower taxe. Individuals with higher incomes may pay lower taxes than individuals with lower income.
Answers: 3
Business, 22.06.2019 09:30, kingtrent81
Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.
Answers: 1
Business, 23.06.2019 04:40, esmeraldavelez63
Why is job security of such importance to workers?
Answers: 1
Business, 23.06.2019 06:00, guapotaco8102
If a society decides to produce consumer goods from its available resources, it is answering the basic economic question
Answers: 3
Suppose the govenment of Marina decides to pay for public radio by taxing people on the basis of the...
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