Asher is married and has an annual income of $106,000. He files jointly and has a taxable income of $82,000. The tax brackets and tax rates are as follows:
$0–$19,050: 10%
$19,050–$77,400: 12%
$77,400–$165,000: 22%
Calculate Asher's tax and the effective tax rate.
Asher pays $7,002 in tax and has an effective tax rate of 7%.
Asher pays $23,320 in tax and has an effective tax rate of 23%.
Asher pays $18,040 in tax and has an effective tax rate of 17.50%.
Asher pays $9,919 in tax and has an effective tax rate of 9.36%.

Answers

Answer 1

Asher pays $7,002 in tax and has an effective tax rate of 8.5%.The tax brackets and tax rates for Asher’s joint tax return and his taxable income of $82,000 are: $0–$19,050: 10%$19,050–$77,400: 12%$77,400–$165,000: 22%.

Calculation of Tax for Asher: $19,050 × 10% = $1,905.00$77,400 – $19,050 = $58,350$58,350 × 12% = $7,002.00

Total Tax = $7,002.00

Asher’s effective tax rate is calculated by dividing the total tax paid by his taxable income: Effective Tax Rate = Total Tax/Taxable Income

Effective Tax Rate = $7,002/$82,000 = 0.085 or 8.5%.Therefore, Asher pays $7,002 in tax and has an effective tax rate of 8.5%.

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Related Questions

milk should ______ (keep) in a fridge.​

Answers

Kept

The past tense of Keep is Kept

(14%) Let A[1..n] be an array of n positive numbers. Entry A[i] represents the trading price of a stock X on the i-th day (and hence the numbers are ordered chronologically). Write an algorithm max-profit that returns a pair (a, b) such that if one buys stock X on the a-th day and sells it on the b-th day, the maximum profit is made. Give the time complexity of your algorithm in Big-O. Show the derivation of the complexity result.

Answers

To solve this problem, we can use a simple algorithm that iterates through the array and keeps track of the minimum price seen so far and the maximum profit.

The algorithm works as follows: Initialize variables: min_price = A[1], max_profit = 0, buy_day = 1, sell_day = 1. Iterate through the array A from the second element to the last: If A[i] < min_price, update min_price = A[i]. If A[i] - min_price > max_profit, update max_profit = A[i] - min_price, buy_day = index of min_price, sell_day = i. Return the pair (buy_day, sell_day). The time complexity of this algorithm is O(n), where n is the size of the array A. This is because we perform a single pass through the array, comparing and updating values in constant time for each element. Therefore, the algorithm has a linear time complexity.

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Which persuasive appeal do you think is the most effective in advertising? Explain.

Answers

The persuasive strategies used by advertisers who want you to buy their product can be divided into three categories: pathos, logos, and ethos.

Now that Amazon does collect sales tax in most states, what other loopholes has Amazon found to evade other taxes?
(In depth response)

Answers

Another area in which Amazon has found another tax loophole in order to evade taxes is:

They make use of foreign based companies to receive payments from customers in another country.

What is a Tax Loophole?

This refers to the legal clauses which the rich people and corporations exploit in order to evade paying tax or paying as much as other people.

One tax loophole which is being used by Amazon to evade tax is the use of foreign based companies to receive payments from customers in another country and bypass HMRC.

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which market has no central location and is a network of dealers all over the country?

Answers

The market that has no central location and is a network of dealers all over the country is commonly referred to as an "Over-the-Counter (OTC) market."

In an OTC market, financial instruments, such as stocks, bonds, currencies, and derivatives, are traded directly between parties without the need for a centralized exchange. Instead, dealers or market makers facilitate the trading by connecting buyers and sellers.

One well-known example of an OTC market is the foreign exchange market (Forex), where currencies are traded globally. Other examples include the OTC assets market,

where stocks of smaller companies or those not listed on major exchanges are traded, and the OTC bond market, where bonds are traded outside of formal exchanges.

In OTC markets, dealers can be located in different regions or countries, and transactions can occur electronically or over the phone.

The lack of a centralized location allows for greater flexibility in trading and customization of transactions to meet the specific needs of the participants.

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lollllaoqlqlwlwkwjebsnan

Answers

The Earth has a moment of inertia, I = 8.04×10^37 kg*m^2. The Earth rotates at a moderate angular velocity of 7.2921159 ×10^−5 radians/second.

Using Conservation of Angular Momentum we can find the new rotation of the earth.

L=I*omega= 8.04×10^37 kg*m^2 * 7.2921159 × 10^−5 = 5.86286*10^33.

5.86286*10^33 = (8.04×10^37 + 1.5424*10^22) *omega

-> solve for omega = 7.292115899502489e-05

This is 4.97511e-15 rad/s slower than earth's original rotation. This translates to 6.752*10^-10 seconds = 0.6752 nanoseconds longer per day.

Activities which are profit-motivated and require a relatively high level of involvement from the taxpayer are referred to a

Answers

Answer: Business

Explanation:

Business is selling a product or carrying out services with the end product revolving in being paid. Most times the payment or revenue generated in business is usually high although it comes with a lot of commitment and consistency. Any registered business most be taxed by the federal or state government. Activities which are profit-motivated and require a relatively high level of involvement from the taxpayer are referred to a business

Sheffield Company has the following account balances: Sales Revenue $243,000, Sales Discounts $2,110, Cost of Goods Sold $116,900, and Inventory $53,600.
Prepare the entries to record the closing of these items to Income Summary. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Answers

The first entry records the sale of products or services for $243,000, with a debit to Sales Revenue and a credit to Income Summary.The second entry records a sales discount of $2,110, with a debit to Income Summary and a credit to Sales Discounts.

To record the closing of the given account balances for Sheffield Company, we need to prepare journal entries that will transfer the balances to the Income Summary account.

1. Close the Sales Revenue account:
 - Debit Sales Revenue for $243,000
 - Credit Income Summary for $243,000

2. Close the Sales Discounts account:
 - Debit Income Summary for $2,110
 - Credit Sales Discounts for $2,110

3. Close the Cost of Goods Sold account:
 - Debit Income Summary for $116,900
 - Credit Cost of Goods Sold for $116,900



To summarize, the journal entries to close these accounts to Income Summary are as follows:

1. Debit Sales Revenue $243,000; Credit Income Summary $243,000
2. Debit Income Summary $2,110; Credit Sales Discounts $2,110
3. Debit Income Summary $116,900; Credit Cost of Goods Sold $116,900

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under nasaa rules, which record is not required to be retained by an investment adviser? a written customer complaint received 4 years ago :
A. Customer name or account number
B. Customer address
C. Customer social security number
D. Registered representative name or number

Answers

Under NASAA (North American Securities Administrators Association) rules, the record that is not required to be retained by an investment adviser is C. Customer social security number.

While investment advisers are required to retain various records related to their customers, such as customer names or account numbers (A), customer addresses (B), and registered representative names or numbers (D), the retention of customer social security numbers is not specified in the NASAA rules. Social security numbers are sensitive personal information, and it is important for investment advisers to handle and protect such information in accordance with applicable privacy and security regulations.

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Read the scenario.
Based on this scenario, Raoul should
Raoul has just been promoted to a supervisor's
position, which is a steady job. He likes to enjoy life,
take vacations, and change things up every now and
then. That's why he will not have a lot of extra money to
spend on repairs and maintenance on his car.
buy a used car.
O lease a used car.
O buy a new car.
Olease a new car.

Answers

Lease a new car because he likes to change things up. So Raoul can lease it for a few years and a newer car is less likely to have to immediate repair cost.

Based on this scenario, Raoul should Lease a new car. The correct option is d.

What is a lease?

A lease is a contract outlining the terms under which one party agrees to rent an asset—in this case, property—owned by another party. It guarantees the lessee, also known as the tenant, use of the property and guarantees the lessor the property owner or landlord regular payments for a specified period in exchange. Both the lessee and the lessor face consequences if they fail to uphold the terms of the contract. A lease is a form of incorporeal right.

It guarantees the tenant or lessee use of the property and guarantees the property owner or landlord regular payments for a specified period in exchange. Residential leases tend to be the same for all tenants, but there are several different types of commercial leases.

Consequences for breaking leases range from mild to damaging, depending on the circumstances under which they are broken.

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Which of the following are part of the marketing mix? (Check all that apply)

Answers

Answer:

product, price, place, promotion—are often referred to as the marketing mix. These are the key elements involved in marketing a good or service, and they interact significantly with each other.

Explanation:

PLZZ mark brainlyist

Visit the eBay website and identify three ways a small business can use the website to support its operations.

Answers

Answer:

The eBay website provides a platform for the small business to grow and do business using their sites.

Explanation:

eBay is a multinational e-commerce company situated on California. The company sells goods and items that is registered on its site.

Recently eBay, the e-commerce giant has pledge a 100 million dollar to support and help the small business of America. For this eBay is :

eBay is providing the new businesses in America a free of cost basic eBay store for a period of three months.It is waiving off the fees for selling products for up to 500 sold products on eBay websites.It will provide marketing as well as the merchandising tools, the discounted shipping supplies and the customization features so that the businesses can help build their brands.

The government has the most influence over the production of goods and
services in which economic system?
A. Mixed economy
B. Command economy
C. Traditional economy
O D. Market economy

Answers

Answer: command economy

Explanation:

just took test

The government has the most influence over the production of goods and

services in the Command economy system. Hence, option B is appropriate.

What is the meaning of economy?

An economy is a region where products and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that emphasizes the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.

Whether an entity is a country or a small town, an economy includes all of the activities connected to the production, consumption, and trade of products and services in that entity. Every economy is different. Each is shaped by the resources, laws, cultures, histories, and geographies that are unique to it.

The system that determines how limited resources are used to produce and consume goods and services is known as an economy. Resources include the likes of land and people.

Hence, option B is correct.

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Which of these is a primary and secondary source of market research, respectively?

Answers

Answer:

The answer is focus group interviews and trade associations.

Explanation:

Primary rotates around interviews and trade associations revolve encompassing receiving something back. the primary reference of research is data assembled through original or first-hand examination while the secondary reference is the data information collect by someone in history.

suppose that venezuela produces beef and oil and it can switch production between each at a constant rate. if the most beef it can produce is 300 million pounds and the most oil it can produce is 50 million barrels, then what is the opportunity cost of a pound of beef and what is the opportunity cost of a barrel of oil?

Answers

Beef is known as the opportunity cost of a pound of beef. The quantity of meat that must be sacrificed in order to create one more barrel of oil is known as the opportunity cost of a barrel of oil.

We may use the production possibilities frontier (PPF) to calculate the opportunity cost if Venezuela can alternate between producing beef and oil at a steady pace. The opportunity cost of one thing in relation to the other good is represented by the PPF's slope. Given that it can generate 50 million barrels of oil and 300 million pounds of beef respectively, the PPF's slope in this instance would be -(50/300) = -1/6. As a result, a barrel of oil has an opportunity cost of -6 pounds of beef per barrel, and a pound of beef has an opportunity cost of -1/6 barrels of oil.

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on january 1, 2022, woodstock, inc. purchased a machine costing $40,000. woodstock also paid $1,000 for transportation and installation. the expected useful life of the machine is 6 years and the residual value is $5,000. how much is the annual depreciation expense assuming use of the straight-line depreciation method?
a. $6,100.
b. $6,000.
c. $5,950.
d. $5,750.

Answers

The annual depreciation expense assuming the use of the straight-line depreciation method is $6,000. Option B.

Calculation:

Annual depreciation under SLM:

= (Asset cost-Salvage value) + Useful life of the asset

= ($40,000+$1,000 - $5,000)/6

= $36,000/6

= $6,000

Residual value, also called residual value, is the estimated value of an item of property, plant, and equipment at the end of the lease term or useful life. In a leasing situation, the lessor uses the residual value as one of the primary ways to determine how much the lessee will pay in regular lease payments. Residual value is one of the components of a lease calculation or transaction.

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which area represents the increase in producer surplus when the price rises from p1 to p2 due to new producers entering the market

Answers

The total surplus area represents the increase in producer surplus when the price rises from p1 to p2 due to new producers entering the market.

The red triangle inside the above graph represents producer surplus. Producer surplus exists while the fee items are sold for is greater than what it fees the companies to manufacture those goods.

Manufacturer surplus is defined by the vicinity above the supply curve, underneath the fee, and left of the amount offered.

As the rate increases, the motivation for producing extra goods will increase, thereby increasing the producer surplus. A manufacturer constantly tries to grow his producer surplus by way of seeking to sell increasingly at higher fees.

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if selling and administrative expenses are allocated to different products, they should be reported as a

Answers

Answer:

Period Cost

if selling and administrative expenses are allocated to different products, they should be reported as a PERIOD COST.

If selling and administrative expenses are allocated to different products, they should be reported as a  period cost. Thus the correct option is D.

What is a Product?

A product is referred to as final or finished goods distributed in the market to serve the customers. This product can be both goods and services in which goods are tangible and services are intangible.

The continuing cost of maintaining a system, business, or product is known as an operating expense. The costs of running a business referred to this. 

These selling and administrative expenses comprise salaries for managerial and administrative positions, as well as rent and utilities, advertising and promotion as well as sales

Any expenses a business has that are incidental to the manufacturing process are referred to as period costs. This indicates that they have no connection to a company's inventory costs or the price of a single product.

Therefore, option D is appropriate.

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The complete question is Probably

If selling and administrative expenses are allocated to different products, they should be reported as a

a. factory overhead cost

b. cost of goods manufactured

c. cost of goods sold

d. period cost

Instead of spending the weekend working on the research paper due at the end of next week sam decided to spend the weekend going out to have fun with friends according to freudian theory which system dominated in sams decisions

Answers

Answer:

the id

Explanation:

In simple words, the id can be understood as the root of all psychological bravery, as per Freud 's philosophy, rendering it the essential component of identity. The ID is motivated by the concept of immediate satisfaction of all wishes, desires and desires. If these needs are not immediately fulfilled, the effect is a state of discomfort or stress.

Thus, from the above we can conclude that the correct answer is the id.

In Virginia, government agencies that address market failures include the Attorney General,
the Department of Labor, and the Department of Environmental Quality. true or false ?

Answers

Answer:

The answer is False.

Explanation:

The office of the Attorney General in Virginia primarily responsible for attending to matters of the state such as:

Representing the governor and the state in legal matters; Consulting for members of the Virginia General Assembly (VGA) and local government officials Acting as the defense counsel in legal suits filed against the stateDefending the constitution of the state

The department of Labour on the other hand is tasked with the following mission to position Virginia as a conducive place to live work or run a business. It tries to achieve this by adopting and promoting international best practices.

Department of Environment of course is focused on ensuring that companies and individuals uphold the law in relation to the environment.

Managing the stability of inflation, employment and interest rates by the use of monetary policies.

Cheers

A locally
Operated business produces locally demanded goods and services justify this statement

Answers

The best justification of the statement that a locally  operated business produces locally demanded goods and services is:

They provide goods and services which the people in the area wants.

According to the given question, we are asked to state the best justification of the statement that a locally  operated business produces locally demanded goods and services

As a result of this, we can see that when a local business produces goods, then it is more liable to listen to the needs and demands of the local people and which would meet the customer's needs and also give profit to the business.

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_________ is a type of marketing and sales structure that lets salespeople earn money from their own sales and from the sales of other salespeople they introduce to the company

A.) social marketing
B.) network marketing
C.) telemarketing
D.) sales marketing

Answers

Answer:

B.) network marketing

Explanation:

B) Network marketing

B is the correct answer

The market supply for natural gas is the sum of all prices that natural gas producers are willing and able to sell at for every quantity. True or false?.

Answers

It is a false statement that the market supply for natural gas is the sum of all prices that natural gas producers are willing and able to sell at for every quantity.

What is the law of supply?

It refers to the basic economic concept that describes the total amount of a specific good or service that is available to consumers.

In economics, the law of supply states that as the price of a good rise, the quantity supplied also rise and as the price of a good go down or fall, the quantity supplied also go down or fall. Hence, It is a false statement that the market supply for natural gas is the sum of all prices that natural gas producers are willing and able to sell at for every quantity because a demand is described.

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The market supply for natural gas is the sum of all prices that natural gas producers are willing and able to sell at for every quantity. This statement is false.

What is market supply?

The market supply for natural gas is the sum of all quantities that natural gas producers are willing and able to sell at for every quantity. The market supply for a good is determined by adding all the quantity supplied of each supplier together.

It is expected that there is a positive relationship between price and the market supply. This means that as price increases, the market supply increases and when price decreases, the market supply decreases. Based on this relationship between price and market supply, the market supply curve would be upward sloping all things remaining equal.

If a manager is called upon to hire a new vendor and negotiate the best services for the best price, which type of role is required?

Answers

Answer:

decision making role

Explanation:

Management roles vary depending on which type of manager we are talking about: upper, middle or lower management. Management roles include:

Leadership and Interpersonal RolesInformational RolesDecision Making Roles: are themselves divided into 4 categories (entrepreneur, disturbance handler, resource allocator, negotiator). In this case, the manager is allocating resources since labor is a resource.

When a firm is producing at the level of output that maximizes profit which of the following is true

Answers

The primary purpose of a firm is to make "Profit" in the Long-run.

The maximization of profit in a firm occurs at the level of output where the marginal revenue equal to marginal cost \({MR = MC}\).

As we know, the goal of a firm is to maximize profits and minimize losses, so a shutdown is immininent if a firm is operating at the level of output where marginal revenue is not equal or lesser that marginal cost.

In conclusion, firm kept expanding its production capacity as long as its Marginal Revenue is greater than Marginal Cost \({MR > MC}\) but this changes when  marginal revenue is equal to marginal cost \({MR = MC}\).

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Answer:

Marginal revenue is equal to marginal cost

Help me with the question​

Help me with the question

Answers

Answer:

See below

Explanation:

Help me with the question

tax bills are handled by which committee in the u.s. house of representatives? a. taxation committee b. ways and means committee c. finance committee d. budget committee

Answers

Tax bills in the United States House of Representatives are handled by the Ways and Means Committee. This committee is one of the oldest and most influential committees in the House and is responsible for all matters related to taxation, revenue, and other fiscal policies.

The Ways and Means Committee play a crucial role in shaping tax policy and crafting tax bills that ultimately become law. The committee's responsibilities include conducting hearings on tax-related issues, drafting tax legislation, and overseeing the Internal Revenue Service (IRS). The committee also has jurisdiction over Social Security, Medicare, and other entitlement programs. The Ways and Means Committee is an important part of the legislative process in the House of Representatives, and its work has a significant impact on tax policy in the United States. If you have any further questions about tax bills or the role of the Ways and Means Committee, don't hesitate to reach out for more information.

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Quote one purpose of the organization culture in a case study of MPUMI BOTTLE MANUFACTURE ​

Answers

One purpose of the organization culture in this bottling company is that it would help to create a rule for expected behavior among the employees in the organization.

What is organizational culture?

This is the collection of values, what the company expects of its employees and the guides and rules to the behavior of members of the organization.

In a company, organizational culture helps to establish the norms and the ethics in the business environment.

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How are sales leads generate?

Answers

Answer:

A sales lead is identified via marketing and advertising, referrals, social media, networking and outreach, product trials, or consultations. A lead does not become a prospect until they've been qualified to determine their level of interest and fit as a potential customer

Explanation:

resorses from

https://blog.hubspot.com/sales/how-salespeople-can-generate-their-own-leads#:~:text=A%20sales%20lead%20is%20identified,fit%20as%20a%20potential%20customer.

sales are generatley cute because the cute angle

during times of high unemployment, colleges often observe an increase in enrollment even if tuition remains unchanged. why?

Answers

When unemployment is high, going to college has a reduced opportunity cost. Colleges sometimes see a rise in enrollment when unemployment is high, even if tuition doesn't alter.

What are the values of opportunity costs?

You cannot, for instance, read a book at home during the time you would have spent seeing a movie and spend the money you would have spent on something else.

What value does an action's opportunity cost have?

You must be prepared to give up something when you make a decision. It is often referred to as the worth of the next greatest opportunity. Opportunity cost naturally accompanies a shortage.

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