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The percentage analysis of increases and decreases in individual items in comparative financial statements is called?
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∙ 14y ago
horizontal analysis
Wiki User
∙ 14y ago
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What happens to net personal income when the government raises taxes?
Generally if your gross income stays the same and the government raises taxes, it decreases your net personal income. On the macro scale, as government raises taxes, most people's net personal income decreases, which means their disposable income also decreases. Since their disposable income decreases, they spend less (unless they want to just get deeper in debt), which further decreases the gross income of those they buy goods and services from with their disposable income. This can actually lead to a decrease in total tax revenue as the gross incomes of the population can drop a greater percentage than the increased percentage of the taxes; 40% of $80,000 is only $32,000 while 35% of $100,000 is $35,000.
What decreases an asset and liability?
Decrease in asset means being using of it decreases and liability decrease means payable of debts decreases.
How do you decrease an asset and decrease owners equity?
Credit Decreases an Asset and Debit decreases Owners Equity.
What is the Name 3 types of taxes?
Proportional tax: Remains a fixed amount (percentage) no matter the amount being taxed. Progressive tax: Increases as the amount being taxed increases. Regressive tax: Decreases as the amount being taxed increases.
What decreases an owner's equity?
debit entry
Does Energy increases or decreases as an organism eats a plant?
The individual animal's energy increases, the individual plant's energy decreases.
Which statements best explains the law of demand?
As the price of a good decreases, the amount that consumers are willing to purchase increases.
Are Accounts records of increases and decreases in individual financial statement items?
NO, The ledger does
When surfactant is added what happens to the tidal volume?
FEV1 percentage decreases as the radius of the airway is decreased.
The labor supply for an industry would decrease if?
The percentage of the population from age 16 to 65 decreases.
A regressive tax means that a larger percentage of taxable income is taken in taxes and taxable income decreases.?
false
A regressive tax means that a larger percentage of taxable income is taken in taxes and taxable income decreases?
false
Sound intensity decreases when what decreases?
Sound intensity decreases when amplification (volume) decreases.
Technician A says that the current draw should decrease as the voltage decreasestechnician B says that the current should increase as the voltage decreases Which technician is right?
Both technicians are right, and both technicians are wrong, because not enough information is present in the question, nor in their statements. Given constant impedance, current should decrease as voltage decreases, while given constant power, current should increase as voltage decreases.
What describes a way in which urbanization can have a positive environmental impact?
Centralizing populations generally reduces the need for individual automobiles, which decreases greenhouse gas emissions.
What decreases when the intensity of sound decreases?
The amplitude of the sound waves decreases as the intensity decreases.
What is the percentage of alkaline in tomato juice?
About 0.2 to 0.4 percent acid (based on citric acid). It decreases as it gets riper.
