Person A earns $100,000 per year, while person B earns $45,000 per year. Which conclusion is most likely true for these people when they pay their
sales taxes?
O A. Both person A and person B will pay at the same sales tax rate.
B. Person B will pay at a higher sales tax rate than person A.
O C. Neither person A nor person B will have to pay sales tax.
D. Person A will pay at a higher sales tax rate than person B.

Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%