vertically upwards depending on the amount of tax. Because of this shift‚ less products will be supplied at every price. The diagram below shows the effect of imposing a tax and how the tax is being paid. There’re two types of indirect taxes‚ they are ‘Specific Taxes’ and ‘Ad Valorem’. Specific Tax is a fixed amount of tax that is imposed on a product. For example‚ if the government imposes a tax of $2 per loaf of bread‚ it will shift the supply curve vertically upwards by the amount of tax‚ which
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Classification of Taxes Classification of taxes 1. As to subject matter or object A. personal‚ poll or capitation- tax of a fixed amount on individuals residing within a specified territory‚ without regard to their property‚ occupation or business. Ex. Community tax (basic) B. property- imposed on property‚ real or personal‚ in proportion to its value‚ or in accordance with some reasonable method or apportionment. Ex. Real estate Tax C. Excise- imposed upon the performance of an act‚ the
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The Dream Deferred – A Comparison Kristy Andrews Axia College of University of Phoenix In Lorraine Hansberry’s play A Raisin in the Sun‚ the author reveals a hard-working‚ honest African-American family struggling to make their dreams come true. Langston Hughes’ poem‚ Harlem‚ illustrates what could happen if those dreams never came to fruition. Together‚ both Hansberry and Hughes show the effects on human beings when a long-awaited dream is thwarted by economic and social hardships. Each of
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d 1. Financial reports are used by a.|management| b.|creditors| c.|investors| d.|all are correct| C 2. Which of the following is not a characteristic of a corporation? a.|Corporations are organized as a separate legal taxable entity.| b.|Ownership is divided into shares of stock.| c.|Corporations experience an ease in obtaining large amounts of resources by issuing stock.| d.|A corporation’s resources are limited to their individual stockholders’ resources.| D 3. Which of the following are guidelines
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thought to be highest among young people ages fifteen to twenty four.(2) Four of every ten new HIV infections occur in people younger than 30(1). Accordingly in two thousand and twelve‚ sixty percent of sexually active high school students said they used a condom the last time they had sex.(3) The preceding facts were complimentary as to the effects from school based sex education on sexual activity‚ teenage pregnancy‚ and contraception. Schools can be a profound target opportunity to reduce teenage
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Research Proposal Business Process Outsourcing In South Africa Prepare For: Dr. Christel Troskie-de Bruin MBA program Lecturer in Research Methodology University of Stellenbosch Prepared by: Roelof Louw Student Number: 10992510 11 July 2005 Table of Contents 1 Introduction and Background 1 2 Definition of Research Problem 2 3 Preliminary Literature Review 2 4 Research Design and Method 4 5 Timeframe 5 6 Framework for Proposed Study 6 7 Provisional List of Sources
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Pierre V Cabral English 302-Barry University/ACE DR. Patricia Feito What Happens to a Dream Deferred? What Happens to a Dream Deferred? The poem “What happens to a dream deferred?” by Langston Hughes leaves the reader wondering as to what happens to their dreams that were never fulfilled. It causes the reader to take a good look at themselves because it causes the reader to really wonder. Was an effort really made to achieve their
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What type of methodology is generally used for financial research and why? There are two different methodologies that can be used to conduct research – a quantitative as well as a qualitative one. In order to find a response to which of these methodologies is most likely to be used in financial research‚ it is important to first gain a broader understanding of the context in which they appear in theory. Also‚ it is necessary to specify important assumptions underlying those theories in order to
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In this study‚ three different methodologies have been employed for the determination of 226Ra by means of liquid scintillation technique. The first one (referred to as "Rn-LSC-28" hereafter and the tables and figures) is based on the method of Prichard and Gessel (1977) and Cooper et al. (1988) and also used by Escobar et al. (1996)‚ Zouridakis et al. (2002) and Aleissa et al. (2012). In this procedure‚ 8 mL of each standard solution was transferred to a high density polyethylene vial‚ covered with
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intuition and what are the concepts underlying deferred tax accounting? What goals/objectives are standard setters trying to achieve by requiring deferred tax accounting‚ compared to say‚ just having companies recognize tax expense as the cash paid (or at least currently owed) to the government? The economic intuition of deferred tax accounting is to account for the differences between the tax expense shown in the financial statements and the current taxes payable to the government. Under the accrual
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