Based on this table, if someone had a taxable income of $11,757, how much would they owe in taxes?
Answers
The amount that the taxpayer is owing in taxes is $2,691.05.
What does income tax payable mean?Income tax payable refers to a business organization's tax liability to the government in the jurisdiction in which it operates. The amount of liability will be determined by the company's profitability over a given time period and the applicable tax rates. Tax payable is considered a current liability rather than a long-term liability because it must be settled within the next 12 months.
Based on the table, we are using the tax rate of 15% for the taxable income of $11,757.
The tax payable will equals to:
= 15%*$11,757 + $927.50
= $1,763.55 + $927.50
= $2,691.05
Note: We are using the attached table to solve the tax payable.
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Related Questions
Which statement best characterizes product strategy for industrial products?.
Answers
The statement that best characterizes product strategy for industrial products is "Industrial product strategies require fewer product upgrades."
The development and distribution of industrial products, which are goods that are used in the production of other goods or services, necessitate a distinct product strategy. The goal of an industrial product strategy is to ensure that the goods and services that a firm produces are effective in meeting the needs of industrial buyers. Below are some of the factors that characterize product strategy for industrial products:
Products have a high degree of technical complexity.
Industrial products require fewer product upgrades, but they have a longer life cycle.
Industrial products necessitate more direct sales and marketing efforts than consumer goods.
Industrial products necessitate the use of strong customer support services.
Industrial products necessitate the use of stronger warranties and guarantees.
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Sales tax in your community is 7.5%. If you go to Becks and buy a polar pop for $0.99, slice of pizza for $2.25, and chips for $0.75, what amount will you pay once the sales tax is added to your purchase?
Answers
Answer:
$4.29
Explanation:
Sales tax is a type of consumption tax. It is levied by the government or an agency of the government on the sales. Taxes increase the prices of goods and services
Total amount paid = total price of items purchased + tax amount
total price of items purchased = $0.99 + $2.25 + $0.75 = $3.99
Tax amount = 0.075 x $3.99 = $0.299
Total amount paid = $4.29
Briefly analyse the role of the public manager by indicating his/her role in directing all resources towards achieving strategic objectives
Answers
The role of the public manager is to plan, organize, direct and control organizational resources to achieve strategic objectives.
What are the responsibilities of public managers?It is a professional responsible for managing resources in order to satisfy the needs of a public, as in governmental institutions whose objective is to promote public health and safety.
Therefore, a public manager must be able to analyze the needs and manage an organization effectively to achieve the objectives determined by planning.
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Using technology, determine the present value given that you make semi-annual payments of $2,527 at 6.1% compouded semi-annually over a 6 year period. round your answer to the nearest cent. a. $25,078.86 b. $25,146.48 c. $20,963.57 d. $21,070.31
Answers
The present value would be $21070.31. Semi-annual payments of $2,527 at 6.1% compounded semi-annually over a 6 year period, means, payment is made semi annually that is two times in a year.
How to calculate?Given that,
semi-annual payments of $2,527 at 6.1% compounded semi-annually over a 6 year period.
It means, payment is made semi annually that is two times (twice) in a year.
Payment made = $2527.
Interest rate =6.1%
Hence, compounded semi annually = 0.061
Time duration = 6 years = 6 × 2 = 12 (two times)
Using Formula: P = A * i / 1 - (1 + i)-t
Therefore,
Where,
A = amount to pay
P = payment made
t = time duration
i = interest rate
By placing given values in the formula, we obtain,
A=21070.306476
Hence, the present value is $21070.31
How many semi-annual payments?Employers who choose this schedule can choose to pay the employee either on the 1st and 15th of the month, or on the 16th and the last day of the month. A half-month salary has 24 payment periods and is most commonly used by office workers.
What date is semi annual?Semi-annual dates mean June 30th and December 31st of each year.
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Answer:D
Explanation:
edge
the federal reserve can affect the money supply by:
Answers
Answer:
The Fed can impact the cash supply by changing store necessities, which by and large alludes to the measure of assets banks should hold against stores in financial balances. By bringing down the hold prerequisites, banks can advance more cash, which builds the general stockpile of cash in the economy.
Really hope this helps! Thank you!
the reason that the law of demand exists is that: question 28 options: a) people always follow the law of the land. b) specialization leads to an increase in a person's standard of living. c) a higher price never reduces demand enough to lower producer's profits. d) people substitute cheaper products for more expensive products.
Answers
The reason that the law of demand exists is: D) "people substitute cheaper products for more expensive products".
The law of demand states that there is an inverse relationship between the price of a good and the quantity of it that consumers are willing and able to buy. This means that as the price of a good increases, the demand for it decreases, and vice versa. The reason that this law exists is because people have limited budgets and will often substitute cheaper products for more expensive ones.
This results in a lower demand for the more expensive product and an increased demand for the cheaper substitute. The law of demand forms a fundamental principle in economics and helps to explain consumer behavior and market dynamics.
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true or false: the primary difference between financial statement analysis and operating indicator analysis is that operating indicator analysis does not use benchmarking while financial statement analysis does.
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The given statement "the primary difference between financial statement analysis and operating indicator analysis is that operating indicator analysis does not use benchmarking while financial statement analysis does" is false because both of these can utilize benchmarking.
Benchmarking is a process of comparing a company's performance metrics to those of industry peers or best-in-class companies to identify areas for improvement and set performance targets. While financial statement analysis focuses on evaluating a company's financial health using its financial statements, operating indicator analysis assesses operational performance using key performance indicators (KPIs). Both types of analysis can benefit from benchmarking to identify strengths, weaknesses, and potential improvement areas.
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________ refers to the ability to ensure that an e-commerce site continues to function as intended.
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Site reliability refers to the ability to ensure that an e-commerce site continues to function as intended.
What does this entail?In essence, site reliability focuses on maintaining the performance, availability, and security of an e-commerce platform to provide a seamless user experience.
This involves regularly monitoring and analyzing the site's performance metrics, identifying potential issues, and implementing necessary updates and improvements. Additionally, it includes establishing redundancy measures, such as backup systems and failover procedures, to minimize downtime during unexpected events.
Overall, site reliability plays a crucial role in the success of an e-commerce business by ensuring customers have a consistent and positive experience while using the platform.
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identify which of the following transactions and events are product costs and which are period costs
Answers
2, 4, 6, 7, 11 transactions and events are period cost and 1, 3, 5, 8, 9, 10 transactions and events are product cost.
What is Product Cost and Period Cost ?Product Cost is the cost that is imputable to the product, that is the cost which is accountable to the product and is a part of inventory values. On the negatives, Period Cost is just contrary to product cost, as they are not related to product, they cannot be apportioned to the product, as it is charged to the period in which they arise.
Product cost comprises direct materials, direct charges, and direct overheads. Period costs are depend on time and mainly include selling and administration costs like salary, rent, etc.
Product costs are variable cost and period costs are fixed cost.
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NOTE: The given question is incomplete on the portal, so here is the complete question.
Question: Identify which of the following transactions and events are product costs and which are period costs:
Storage and material handling costs for the raw materials.Los and gain depend on the disposal of factory equipment. Lubricants for machinery and equipment used in production.Depreciation of a factory building.Depreciation of manufacturing equipment.Depreciation of the company president's automobile.Leasehold costs for land on which factory buildings stand.Inspection costs of finished goods.Direct labor cost.Raw-materials cost.Advertising expenses.Why do we face the problem of determining what goods and services society should produce?
Answers
The problem of determining what goods and services society should produce: exists because there are not enough resources to provide all of the goods and services that people want to purchase.
A service is "an (intangible) act or use for which a consumer, business, or government is willing to pay". Examples include work by hairdressers, doctors, lawyers, mechanics, banks, insurance companies, etc. Public services are those paid for by society as a whole (state, financial union, or region). Examples of goods are cars, appliances, and clothing. Examples of services include legal advice, house cleaning, and consulting his services. A company's output may fall somewhere between these two concepts. For example, a landscaping company can sell trees (goods) and mow lawns (services) to homeowners.
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Check all that apply.
Why are employers wary of hiring inexperienced workers?
- They do not know how to work.
- They have no track record (of character).
- They require training.
- They may not be reliable.
Answers
Answer:
all od the above but it depends on the employer
What is the purpose of a design brief?
Answers
Describe the purpose of the rule change discussed in Abrevaya
(2004) as well as the consequence that the NHL did not intend, but
an economist would have predicted.
Answers
the possible impact on team incentives and strategy is an unforeseen consequence that an economist would have anticipated.In the National Hockey League (NHL), ties were eliminated in favour of a shootout to decide the victor, as discussed in Abrevaya (2004).
By introducing a clear winner in every game, this rule modification aimed to increase excitement and audience involvement. Economists would have predicted that teams in the last period of a game with a lead could take a more defensive stance to secure at least one point, thus lowering the intensity of the game as a whole and increasing the number of tied games.
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Which of the following is NOT a useful strategy when making an informed purchase?
1.Compare your option to similar products.
2.Calculate the unit price of the product.
3.Read the online reviews of the product and ask trusted friends who use it.
4.Purchase a product based on a social media influencer.
Answers
this would not be an informed purchase
suppose french government imposes a quota on international trade of cars. it means it will:group of answer choicesprohibit import of cars altogether;prohibit export of cars altogetherrestrict the quantity of cars france may export;restrict the quantity of cars france may import;
Answers
The French government's imposition of a quota on the international trade of cars would restrict the number of cars France may import. This means that there would be a limit on the number of cars that can be imported into the country from foreign markets.
A quota is a trade restriction imposed by a government to limit the quantity of goods that can be imported or exported. In this case, the French government is implementing a quota specifically on the import of cars. By setting a restriction on the number of cars that can be imported, the government aims to control and limit the inflow of foreign cars into the domestic market. This measure can serve various purposes, such as protecting domestic car manufacturers, promoting local industries, or managing trade imbalances. By limiting the number of imported cars, the government can influence the supply and demand dynamics in the domestic market, potentially supporting domestic car producers and ensuring the stability of the local automotive industry.
It's important to note that a quota specifically targets imports and does not necessarily restrict the export of cars from France. The focus is on controlling the inflow of foreign cars into the country while allowing domestic manufacturers to compete in the market.
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how long does algorithm take to run how muh memory space does it require?
Answers
Answer:
The running time of an algorithm for a specific input depends on the number of operations executed. The greater the number of operations, the longer the running time of an algorithm.Space complexity is the total amount of memory space used by an algorithm/program including the space of input values for execution. So to find space-complexity, it is enough to calculate the space occupied by the variables used in an algorithm/program.
Explanation:
Ahmad has been asked to give a speech to open the awards ceremony at his company's banquet. Considering this, he would most likely plan complex graphs to complement his speech. a. prepare a list of resources he used for the speech. b. prepare several appropriate jokes or stories to include in his speech. c. plan to support his speech with extensive data. d. plan to end his speech with a persuasive call to action.
Answers
Ahmad, who has been asked to give a speech to open the awards ceremony at his company's banquet, would likely need to prepare several resources to ensure a successful speech.
These resources may include conducting research on the company's history and achievements, as well as gathering data and statistics to support his key points. Additionally, Ahmad may want to seek out the advice of colleagues or mentors who have experience in public speaking.
In terms of content, Ahmad could consider incorporating appropriate jokes or stories to engage the audience and create a memorable experience. These stories could relate to the company's achievements or personal anecdotes that showcase the company's values.
To complement his speech, Ahmad could plan to use complex graphs and other visual aids to illustrate his key points. By doing so, he can make his message more accessible and engaging to the audience.
Finally, Ahmad could end his speech with a persuasive call to action, encouraging his audience to take action or further engage with the company. This could involve inviting attendees to participate in upcoming events or initiatives, or simply thanking them for their ongoing support.
In summary, by utilizing these resources and tactics, Ahmad can deliver a compelling and impactful speech at his company's banquet.
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In two to three sentences, describe one saving and investing principle and how you can apply it to your own personal finances.
Answers
Answer:
Explanation:
Personal finance is a term that covers managing your money as well as saving and investing. It encompasses budgeting, banking, insurance, mortgages, investments, retirement planning, and tax and estate planning. The term often refers to the entire industry that provides financial services to individuals and households and advises them about financial and investment opportunities.
Personal finance is about meeting personal financial goals, whether it’s having enough for short-term financial needs, planning for retirement, or saving for your child's college education. It all depends on your income, expenses, living requirements, and individual goals and desires—and coming up with a plan to fulfill those needs within your financial constraints. To make the most of your income and savings, it's important to become financially literate, so you can distinguish between good and bad advice and make smart decisions.
Answer:
Personal finance is a term that covers managing your money as well as saving and investing. It encompasses budgeting, banking, insurance, mortgages, investments, retirement planning, and tax and estate planning. The term often refers to the entire industry that provides financial services to individuals and households and advises them about financial and investment opportunities
Imagine your class has been asked to organize a career fair for your school. Now that you know about all the career clusters, you want to be sure to include each one in the career fair,
Working in small groups, imagine your class has been asked to organize a career fair for your school. Now that you know
Brainstorm how you would begin to organize this career fair. What would you need to do? What information would you
need to have? What permissions would you need to secure? Where will this be held?
Describe your plan below in detail.
Answers
Answer: Organizing a career fair requires knowledge of a variety of career clusters. Here are certain ideas you can use while organizing a career fair:-
After dividing the class into smaller groups assign each group a particular career path on which they can prepare a presentation.Prepare an itinerary for the presentations and assign each group a particular time slot.These itineraries can be distributed as pamphlets to the target audience.Each group can make an effort to invite certain professionals or experts from the field for the occasion.Permission from the School Council and higher authorities might be required for the use of school grounds and auditoriums.Each group must have a leader for the coordination of the activities.The leaders must work together as a team and keep each other updated about the progress of their individual groups.outline 2 advantages to H&H of using secondary market research
Answers
Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable
What is a box running across a website that advertises the products and services of another business, usually another ebusiness
Answers
The box running across a website that advertises the products and services of another business, typically another e-business, is commonly referred to as a "banner ad" or simply a "web banner." Banner ads are a form of online advertising where graphical or multimedia content is displayed on web pages to promote products, services, or brands.
These banner ads often contain eye-catching visuals, compelling copy, and clickable links that redirect users to the advertiser's website or landing page. They are designed to attract the attention of website visitors and generate interest in the advertised offerings.
Banner ads can be found in various sizes and formats, such as leaderboard banners, skyscraper banners, square banners, or rectangular banners. They are strategically placed within webpages, either at the top, sides, or bottom, to maximize visibility and engagement.
By placing banner ads on other websites, businesses aim to increase brand awareness, drive traffic to their own websites, generate leads, and ultimately boost sales. It serves as a form of partnership or advertising arrangement between the hosting website and the business being promoted.
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A consumer wants 400 keychains in 5 days, is it impossible to make 40 keychains per day with two people. The boss and the employee.
"Please help me!"
Answers
Answer:
Make the keychains day by day and give them to the consumer over time.
Explanation:
Also, offer a small discount for the inconvenience.
How creamy is creamy
Answers
Answer:
creamy
Explanation:
Answer:
c r e a m
Explanation:
What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?
Answers
Low, high levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.
Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.
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Can someone help me ?
Answers
Answer:
Explanation:
most like to live in : north korea
why ? i would would most like to live here because of the culture and food and the many places to see also because i've always wanted to see the different animals there and compare them from the ones where i'm from .
least like to live in : new zealand
because there winters are a negative -10c and im not for cold weather which is why i would rather not live in this area , but i do like the vast amount of mountains in the area they are beautiful.
Most state and local income taxes are either... (insert big wrinkle response here).
A. Progressive or flat
B. Regressive or flat
C. Progressive or regressive
Answers
Answer:
Progressive or Flat
Explanation:
I'm pretty sure that is the answer but I am not 100% sure so if it is incorrect i am sorry hope it was helpful!!!
At the majority of state and local level, the income tax rates are usually a progressive or Flat rate.
What is an income tax?This is a form of taxation that is imposed on the income earned by the citizen of a local county, state, country etc
The progressive tax is used based on peoople ability to pay while the flat rate means a general rate for all level of earners.
Therefore, the Option A is correct.
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In trading account freight belongs to which side debit or credit?
Answers
Answer:
Explanation:
In trading account, freight belongs to the debit side. It is a direct expenses on purchases and manufacturing operation
Freight is the cost incurred in transporting an item to its final destination when the terms are FOB shipping point. It is treated as part of the cost of merchandise and recorded in the inventory if the merchandise has not been sold.
Increase in the cost of freight are recorded on the debit side while decrease are recorded on the credit side.
what is the formula for activity ratio
Answers
Answer:
The ratio is calculated by dividing the net sales by the working capital. The ratio helps you figure out the net annual sales generated by the average amount of working capital during a year.
Explanation:
Please mark me brainliest
Answer:
The ratio is calculated by dividing the net sales by the working capital. The ratio helps you figure out the net annual sales generated by the average amount of working capital during a year.
Ian is interested in purchasing bonds, but he is looking for bonds that aren’t related to the government. Which type of bonds would you suggest he purchase?
treasury bonds
municipal bonds
corporate bonds
general obligation bonds
Answers
Answer:
The principal of a Brady bond is backed by U.S. Treasury bonds that are deposited with the Federal ... A corporate bond has a 12% nominal yield. ... General Obligation Bond's credit risk:.
Explanation:
try it
Treasury bonds are the type of bonds would you suggest the purchase. Hence, option A is correct.
What is Treasury bonds?Until they complete, Treasury bonds provide a fixed rate of interest every six months. They are given out for 20 or 30 year contracts. Treasury Direct is where a person may purchase Treasury bonds from a financial institute. Additionally, a person can purchase them from a bank or broker.
Treasury bonds are among the safest assets a person can buy because they are supported by the full faith and credit of the United States Government. They often don't provide a very high return because there is so little chance that you will lose money.
Thus, option A is correct.
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Which results are more likely for someone without personal finance skills? Select three options.
larger long-term credit or loan costs
less preparation for emergencies
fewer utility expenses
simple long-term investment strategies
increased long-term challenges
Answers
Answer:
1,2 & 5
Explanation:
Answer:
1, 2, 5
Explanation:
edge 2021