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Question 1
a) What are the main characteristics of an Efficient Tax system?
b) What are the instruments of Public Finance and explain their efficiency.
c) Explain what is meant by merit goods and why Government always promotes such type of goods.
Question 2
a) Distinguish between Direct and Indirect Tax and their effectiveness in maximizing Government Revenue.
b) Explain and Evaluate in which phase of the economic cycle, the Government will be more likely to maximise Public Finance and what policy implication the Government will adopt?
c) Discuss the Impact of an ageing Population on the Government's Budget
John has just inherited $50,000 from his Uncle Ted. John is currently studying his Bachelor of Accounting degree at CQUniversity part-time and has three (3) years of study remainin
Profitability Ratio These ratios signify the performance of the firm in relation to its capability to derive returns or profit from investment or from sale of goods that is pr
a bond that has a 1000 per value and a contract or coupon interest rate of 12.8%. The bond is selling for a price of $1125 and will mature in 10 years. The firm''s tax rate is 34%
Klose Outfitters Inc. believes that its optimal capital structure having of 60% common equity and 40% debt, and its tax rate is 40%. Klose have raise additional capital to fund its
Discounts and Credit Terms Credit Terms Credit terms involve both the length of the credit time and the discount specified. The terms 2/10, n/30 means that a 2 percent d
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In Term Sheets, what are the outcomes of Economics and Control?
what is the exact nature of IDB sukuk
Benefits Ordinary Share Capital - Financing Benefits of using ordinary share capital in the financing They facilitate projects particularly long-term projects since they
Example of Valuation of Bonds and Debentures K is contemplating purchasing a 3 year bond worth 40,000/= carrying a nominal coupon rate of interest of 10 percent. K necessary
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