Atype in which people and businesses with higher income pay higher taxes is known as? ?
a: flat taxation
b: regressive taxation
c: progressive taxation
d: federal taxation

What is credit and debit in accounting

What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit

Northington, inc. is preparing the company's statement of cash flows for the fiscal year just ended. using the following information, determine the amount of cash flows from operating activities using the indirect method: net income$182,000gain on the sale of equipment12,300proceeds from the sale of equipment92,300depreciation expense—equipment50,000payment of bonds at maturity100,000purchase of land200,000issuance of common stock300,000increase in merchandise inventory35,400decrease in accounts receivable28,800increase in accounts payable23,700payment of cash dividends32,000 $189,400.$332,200.$236,800.$261,400.$186,800.