Acity government imposes a proportional income tax on all people who earn income within its city limits. in 2004, the city's income tax rate was 0.04 (4 percent), and it collected $20.00 million in income taxes. in 2005, it raised the income tax rate to 0.05 (5 percent), and its income tax collections declined to $19.20 million. what happened to the city's income tax base between 2004 and 2005? a. it fell by $0.80 million. b. it fell by $116 millionc. it ross by $116 milliond. it cannot be determined since the tax rate changed

•broussard skateboard’s sales are expected to increase by 15% from $8 million in 2016 to $9.2 million in 2017. its assets totaled $5 million at the end of 2016. broussard is already at full capacity, so its assets must grow at the same rate as projected sales. at the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. the after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 40%. use the afn equation to forecast broussard’s additional funds needed for the coming year

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

The wall street journal reported that walmart stores inc. is planning to lay off 2,300 employees at its sam's club warehouse unit. approximately half of the layoffs will be hourly employees (the wall street journal, january 25-26, 2014). suppose the following data represent the percentage of hourly employees laid off for 15 sam's club stores. 55 56 44 43 44 56 60 62 57 45 36 38 50 69 65 (a) compute the mean and median percentage of hourly employees being laid off at these stores. (b) compute the first and third quartiles. (c) compute the range and interquartile range. (d) compute the variance and standard deviation. (e) do the data contain any outliers? (f) based on the sample data, does it appear that walmart is meeting its goal for reducing the number of hourly employees?