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Business, 23.08.2019 01:00 emilylunaa
Us federal income tax is progressive by law, but which best explains why is it sometimes regressive in practice?
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Miller mfg. is analyzing a proposed project. the company expects to sell 14,300 units, plus or minus 3 percent. the expected variable cost per unit is $15 and the expected fixed cost is $35,000. the fixed and variable cost estimates are considered accurate within a plus or minus 3 percent range. the depreciation expense is $32,000. the tax rate is 34 percent. the sale price is estimated at $19 a unit, give or take 3 percent. what is the net income under the worst case scenario?
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Us federal income tax is progressive by law, but which best explains why is it sometimes regressive...
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