-People become willing to save less than before.
-people may be induced to work less since they think of paying less tax by earning less.
-Once the demand for income becomes inelastic the imposition of a tax will increase people’s desire to work and save.
-Desire to work or save is decreased if the demand is elastic.
-Ambition of becoming rich and wealthy for attaining social status may also increase the ability to work and save.
franco crick answered the question on March 3, 2018 at 07:58
-
Mark and Spenser Company deals with clothing and are planning venturing into Kenyan market. The management team has appointed you as their business consultant. Using...
(Solved)
Case Analysis
Date posted:
February 8, 2018
.
Answers (1)
-
Strategic management benefits consist of financial benefits and non-financial benefits. Discuss any 5 non-financial benefits
(Solved)
Strategic management benefits consist of financial benefits and non-financial benefits. Discuss any 5 non-financial benefits.
Date posted:
February 8, 2018
.
Answers (1)
-
Using the Altmans Z-score model assess the financial health of the company
(Solved)
The following data relates to a company in the telecommunications industry for the year to 31 December 2011:
Item Sh. 000
Sales 30 000
Total assets 25 678
Retained earnings 177
Total liabilities 15 600
Working capital 1 777
Earnings before interest and tax 2 605
Market value of equity 10 098
Book value of long-term debt 5 044
Date posted:
February 8, 2018
.
Answers (1)
-
Prepare a net value added statement for the year ended 31st December, 2015
(Solved)
The information below relates to Jumuia Ltd, a listed company for the year ended 31st December, 2015
Shs
Purchase of raw materials 10 200 000
Turnover 25 160 000
Salaries and wages 6 800 000
Taxation for the year 2 040 000
Dividends 816 000
Depreciation 1 360 000
Water, power and insurance 2 040 000
Finance charge and leases 680 000
Date posted:
February 8, 2018
.
Answers (1)
-
What is a research problem?Give three examples to illustrate your answer.
(Solved)
What is a research problem?Give three examples to illustrate your answer.
Date posted:
January 5, 2018
.
Answers (1)
-
What is a policy in insurance?
(Solved)
What is a policy in insurance?
Date posted:
December 15, 2017
.
Answers (1)
-
Give six challenges facing kussco operations in Kenya.
(Solved)
Give six challenges facing kussco operations in Kenya.
Date posted:
December 12, 2017
.
Answers (1)
-
Outline four sources of funds of a cooperative society.
(Solved)
Outline four sources of funds of a cooperative society.
Date posted:
December 12, 2017
.
Answers (1)
-
Give six reasons that led to the establishment of the cooperative saving scheme.
(Solved)
Give six reasons that led to the establishment of the cooperative savings scheme.
Date posted:
December 12, 2017
.
Answers (1)
-
Cite companies that do not need the consumer orientation concept of marketing.
(Solved)
Cite companies that do not need the consumer orientation concept of marketing.
Date posted:
October 3, 2017
.
Answers (1)
-
Give the techniques of managing public debt
(Solved)
Give the techniques of managing public debt
Date posted:
September 30, 2017
.
Answers (1)
-
What is the difference between capital and money markets?
(Solved)
What is the difference between capital and money markets?
Date posted:
September 28, 2017
.
Answers (1)
-
What are the purposes of taxation in kenya?
(Solved)
What are the purposes of taxation in kenya?
Date posted:
September 17, 2017
.
Answers (1)
-
Differentiate between impact of tax and incidence of tax?
(Solved)
Differentiate between impact of tax and incidence of tax?
Date posted:
September 17, 2017
.
Answers (1)