The Nature of Capitalism,”

(beginning on page 117) and Chapter 5, “Corporations,” (beginning on page 156). These chapters identify four key features of capitalism: the existence of companies, the goal of making a profit, a competitive market, and the ownership of private property. Respond to the following: Do you feel that capitalism is consistently fair to both small-business owners […]

Ratio Analysis

Describe the three categories of ratios used in ratio analysis. When working on assessing the company you chose, which of these ratios do you think is the most important indicator of successful performance, why? Sample Solution

Trying by the military commission.

Can U.S. Citizen be tried by the military commission under the Constitution and laws of the United States? Make arguments on both sides as to why or why not U.S. cannot be tried by the military commission. To answer this question, rely on the material studied in Unit 7, the statutes provided in the fact […]

A minimum federal tax rate

Currently, close to half of all taxpayers enjoy an effective federal tax rate of 0%. In contrast, the top one percent of taxpayers contribute more federal income tax revenues than the bottom ninety percent of taxpayers combined. Should there be a minimum federal tax rate that all taxpayers should be required to pay? If so, […]