most states and the district of columbia impose on individuals and corporations who earn income within the state.
Answers
The majority of states and the District of Columbia Income taxes on people and businesses who make money there, so the answer option is Income taxes.
What is income tax?
An income tax is a charge assessed against individuals or entities (taxpayers) based on their earnings or profits (commonly called taxable income). Income taxes are normally calculated by multiplying tax rates by taxable income. Depending on the characteristics of the taxpayer and their source of income, tax rates may vary. The tax rate might change as taxable income increases (referred to as graduated or progressive tax rates). The tax imposed on firms is known as corporate tax and is frequently calculated at a predetermined rate. Individual income is usually taxed at progressive rates, which means that the tax rate rises with each dollar of income that follows (for instance, the first $10,000 of income is taxed at 0%, the next $10,000 at 1%, etc.).
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Related Questions
A financial economist is studying married couples in which both spouses work. He wants to compare the mean income earned by husbands with the mean income earned by their wives. Should he use independent sampling or dependent sampling, and why?.
Answers
If the husband's income is sufficient for the family then it may be possible that the wife is dependent upon on husband. So dependent sample will be used. Hence, option "Dependent sampling. He needs to select couples for his sample, so whether a particular wife is included depends on whether her husband is included." is correct.
Net income is the difference between sales and the cost or expenses incurred with the aid of an enterprise in a specific accounting length. it is also referred to as the profit of an enterprise. profits lead to growth inside the fee of assets in an enterprise.
Income is the cash obtained by someone (people or enterprise) periodically on every day, weekly, month-to-month, or every year foundation. earnings include financial in addition to non-financial values of allowances and perquisites. All profits are taxable below earnings tax unless expressly exempted.
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Laundry reported assets of $850 and equity of $650. what is mirthville's debt ratio?
Answers
Based on the information provided, we can calculate Mirthville's debt ratio by dividing its total debt by its total assets. To find the total debt, we need to subtract equity from assets.
Total debt = Total assets - Equity
Total debt = $850 - $650
Total debt = $200
Now, we can calculate the debt ratio by dividing the total debt by the total assets.
Debt ratio = Total debt / Total assets
Debt ratio = $200 / $850
To express the debt ratio as a percentage, we multiply the result by 100.
Debt ratio = ($200 / $850) * 100
Calculating this, we find that Mirthville's debt ratio is approximately 23.53%.
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Xavi sells seashore paintings. His annual Fixed Costs are $600 and the Variable Costs are $5 per painting.
If Xavi sells his paintings for $15, and sells 50 paintings per year more than his breakeven volume, what is his average cost per painting?
bevol = 60
marpct = 0.67 (67%)
contrib = $10.00
Answers
The average price of a Xavi artwork is $10.45.
By typical cost, what do you mean?The cost of production per unit is calculated by dividing the total cost (TC) by the total output (Q), or, theoretically, AC = TC/Q.
We must first determine Xavi's breakeven volume, or the number of paintings he must sell in order to recoup all of his expenses, in order to determine the average cost per painting.
Fixed Expenses / Breakeven Volume (Price per painting - Variable Costs per painting)
Breakeven Volume is equal to $600 / ($15 - $5).
Breakeven Volume = 60 works of art
Xavi sells 110 paintings annually (60 breakeven volume + 50 additional paintings), as he sells 50 paintings greater than his breakeven volume.
The contribution margin for each painting can be determined as follows:
Contribution Margin per painting is equal to the sum of the artwork's price and its variable costs.
Margin of contribution each painting: $15 - $5
$10.00 is the contribution margin for each painting.
The amount that each painting contributes to defraying fixed expenses and earning a profit is known as the contribution margin.
Therefore, we can use the formula below to determine the typical price per painting:
(Fixed Costs + Variable Costs) / the number of sold paintings is the average cost per painting.
($600 + (110 x $5)) / 110 = average cost per painting.
A typical painting costs $1,150 divided by 110.
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Xavi's average cost per painting is $10.45.
To calculate the average cost per painting, we need to calculate the total cost and then divide it by the total number of paintings sold.
The contribution margin can be calculated as the selling price per painting minus the variable cost per painting. Contribution Margin = Selling price per painting - Variable cost per painting= $15 - $5= $10.
Since Xavi is selling 50 paintings more than the breakeven point, the total number of paintings sold would be: BEP + 50 = 60 + 50 = 110.
The total cost would be the sum of fixed cost and variable cost. Total cost = Fixed cost + Variable cost. Total cost = $600 + ($5 x 110) = $600 + $550 = $1150.
Now, the average cost per painting can be calculated as: Average cost per painting = Total cost / Total number of paintings sold. Average cost per painting = $1150 / 110 = $10.45. Therefore, the average cost per painting for Xavi is $10.45.
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Which of the following is a reason to join an interest group?
Answers
Answer:
for fun/entertainment purposes
Explanation:
if not then its up to you, your choose, you make.
What are the remedial measures of unemployment in nepal?explain
Answers
What is the difference between a total and a subtotal?
Answers
Explanation:
SUB-TOTAL:
The total for a part of a list of numbers being summed.
TOTAL:
An amount obtained by addition of smaller amounts.
Answer:
subtotal is all the different parts being added together from different list.
total is the all items being added together plus tax.
Explanation:
shortage definition economics
Answers
In economics, a shortage occurs when the demand for a product or service exceeds its supply in the market.
In other words, a shortage occurs when there is not enough of a particular good or service available to meet the quantity demanded at a given price.
A shortage can occur for various reasons, such as natural disasters, production disruptions, or sudden changes in consumer demand. When a shortage occurs, the price of the product or service may rise as buyers compete for the limited supply. The higher price may then act as an incentive for suppliers to produce more of the product, which can eventually help to resolve the shortage.
Shortages can have significant impacts on both consumers and producers. For consumers, shortages may lead to higher prices, reduced access to goods and services, and lower levels of satisfaction. For producers, shortages may create increased demand for their products, but they may also face higher costs of production, supply chain disruptions, and other challenges.
Overall, shortages are a natural consequence of market forces and can provide valuable information about the relative scarcity of certain goods and services, as well as the dynamics of supply and demand in the economy.
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education opens the door to employment.
Answers
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
How to convince people to buy your wine.
Answers
Answer and Explanation:
Talk them into it..
Answer:
either make an ad, or make the wine actually delicous and do not click-bait. click-baiting will have your chances on people buying your wine to a lower chance.
Social responsibility is: a. a personal moral philosophy that focuses on the greatest good for the greatest number by assessing the costs and benefits of the consequences of ethical behavior. b. a democratic consensus of moral principles and laws that govern the behavior of individuals based on legislation adopted at the federal, state, and local levels. c. a societal moral philosophy based on the Golden Rule of the Judeo-Christian ethic found in the U.S. Constitution's Bill of Rights. d. the view that organizations are part of a larger society and are accountable to that society for their actions. e. a personal moral philosophy that considers individual rights or duties as universal, regardless of the outcome.
Answers
d. the view that organizations are part of a larger society and are accountable to that society for their actions.
Social responsibility refers to the belief that organizations have an obligation to operate in a manner that benefits society as a whole. It emphasizes that organizations should not solely focus on maximizing profits but should also consider the impact of their actions on the environment, employees, customers, and the community. This perspective recognizes that businesses exist within a broader societal context and should act responsibly by taking into account the interests and well-being of various stakeholders. Socially responsible organizations strive to contribute positively to society, promote ethical behavior, and address social and environmental issues in their operations.
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Should Shaun use gross pay or net pay when creating his budget? Explain your
reasoning.
Answers
Answer:
jjheeeneemme
Explanation:beenem
your buyer clients are excited because the property they made an offer on provides a home warranty. what should you tell them?
Answers
A home warranty is a service contract that provides coverage for certain repairs and replacements of appliances and systems in the home, such as the HVAC, plumbing, and electrical systems.
The specific coverage and limits of the home warranty will depend on the terms of the contract. Make sure your clients understand what is covered and what is not covered by the warranty, as well as any deductibles or limits on the amount of warranty
Your clients should carefully review the terms and conditions of the home warranty before signing the contract to ensure they understand the coverage, limitations, and exclusions.
If your clients experience a problem with a covered item, they will need to contact the home warranty provider and follow the procedures for filing a claim.
It's important to note that a home warranty is not a substitute for a home inspection or homeowner's insurance, and it does not cover pre-existing conditions or issues that are not covered under the terms of the contract.
Overall, a home warranty can provide peace of mind for your clients and protect them from unexpected repair costs. However, it's important to carefully review the terms and conditions of the contract and understand what is and is not covered.
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You are vice-president of a division of a large, multi-national company that makes electronic equipment for consumers and the military. Your company has several teams and there are several managers managing those teams. Juanita, the head of business development, has created a team of seven vice-presidents from various departments who meet for three hours a week to discuss new market entry. This is an example of a ________ team.
Answers
The team that Janice created is usually to discuss new market entry, this is an example of a problem solving team.
A problem solving team is usually a team that is made up of people that are involved with making improvements to work activity.
These people are usually from the same department or the same functional area. They are also tasked with providing solutions to the specific problems that are in the work place.
The team that Juanita has created has the task of discussing new market entry.
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If you’re thinking about a career as an applied mathematician, you should consider researching the_cluster. Within this cluster, you’ll find that most of the careers require_in order to have the knowledge and skills needed to excel in these positions.
Answers
Answer:
Mathematical literacy is the ability to analyze, reason, and communicate ideas effectively through posing, formulating, solving, and interpreting solutions to mathematical problems in a variety of situations.
The following clusters should be researched;
• Probability/Statistics
• Research/Optimization
• Discrete Mathematics
• Scientific Computing
The programs that emphasize mathematical reasoning, mathematical modeling and computation, abstraction from the particular, innovative application of mathematics, and development of new methodology.
Explanation:
You are borrowing $17,800 to buy a car. The terms of the loan call for monthly payments for 5 years at 8. 6 percent interest. What is the amount of each payment?.
Answers
The amount of each payment of car borrowing = $366.05 monthly payment .
What's a monthly loan payment?Your monthly payment is what you pay to the lender each month to refund your loan. The quantum you compensate every month depends on the terms of your mortgage loan. This includes the star, which is the factual balance on the loan, and the interest on the loan.
Given :Purchase value of car = $17,800
Loan Period = 5 years
Annual Interest rate = 8.6%
Calculating Monthly Payment of the Loan:(Using Formula);
PV = C × {1-[1/(1+r)t]}/r
$17,800 = Monthly Payment × {1-[1 ÷(1+0.086/12)⁵ˣ¹²]} ÷ 0.086
$17,800 = Monthly Payment × {1-[1÷ (1.00716667)⁶⁰]} ÷ 0.00716667
$17,800 = Monthly Payment × {1-0.651507293} ÷ 0.00716667
$17,800 = Monthly Payment × [0.348492707 ÷ 0.00716667]
$17,800 = Monthly Payment × 48.6268667
Monthly Payment × $48.6268667 = $17,800
Monthly Payment = [$17,800 / $48.6268667]
Monthly Payment = $366.05
Interest payment :
Interest is payment from a borrower or deposit- taking fiscal institution to a lender or depositor of an quantum above prepayment of the top sum, at a particular rate. It's distinct from a figure which the borrower may pay the lender or some third party. Interest is defined as the quantum of plutocrat paid for the use of someone differently plutocrat. An illustration of interest is the$ 20 that was earned this time on your savings regard. An illustration of interest is the$ 2000 you paid in interest this time on your home loan.
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does bank accounts last forever?
Answers
Answer:no they don’t
Explanation:
they will become dormant after 24 months
What are the goals of government regulation?
low unemployment, price stability,
economic growth
O high unemployment, price instability,
economic growth
low unemployment, price stability,
economic steadiness
O high unemployment, price instability,
economic steadiness
Answers
Answer: A) low unemployment, price stability, economic growth
Explanation: Government regulation attempts to promote growth, full employment, and price stability for the well-being of the citizens
The goals of an ideal government while making regulations shall include the following purposes,
low unemployment, price stability,economic growth.Therefore, the option A holds true.
What is the significance of government goals?The goals of a government can be referred to or considered as the qualitative and quantitative targets set by the government in order to foresee better conditions in the future. These are backed by economic plans and regulations.
For a developing or a developed government, the goals must be economically based while being regulated. These goals must include reduced poverty and unemployment in order to achieve a healthy economic growth.
Therefore, the option A holds true and states regarding the significance of the goals of a government.
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A machine purchased for $1,000,000 with a life of 10 years, generates annual revenues of $300,000 and operating expenses of $100,000. Assume that machine will be depreciated over 10 years using straight-line depreciation with zero balance at the end of the life. The corporate tax rate is 30%. a) Calculate annual net cash flow of the project b) Calculate project NPV. Guide: Annual net cash flow: (Revenue -operating cost-depreciation - Tax + Deprecation) Profit before tax = Revenue - operating cost - depreciation Profit after tax = Profit before tax-tax amount Amount of tax to be paid = profit before tax * tax rate Depreciation per year = Machine cost / number of year of project A 0 1 2 4 5 10 C Purchase cost (initial outlay: 10) Revenue Operating expenses Depreciation Profit before tax Tax Profit after tax Add depreciation Annual net cash flow PV of cash flow (10%) NPV Part B Describe and discuss concept of "Diversification". Why the diversification is important for risk management? (1 page) Describe and discuss about the Saudi Stock Exchange in terms of investors participation, liquidity of the markets and investment opportunity (at least a page)
Answers
Diversification is a technique that investors use to reduce the risks of their investments by allocating their assets across different types of investments such as stocks, bonds, and commodities.
Calculation of annual net cash flow of the project: Revenue $300,000, Operating expenses - $100,000, Depreciation = $1,000,000 / 10 years = $100,000, Tax rate = 30%, Profit before tax = Revenue - Operating expenses - Depreciation = $100,000, Tax amount = Profit before tax * Tax rate = $30,000, Profit after-tax = Profit before tax - Tax amount = $70,000, Depreciation = $100,000, Annual net cash flow = Profit after tax + Depreciation= $170,000.
Calculation of project NPV: Year Cash flows Discount factor 10% Present value of cash flow 0 -1000000 1.000 -10000001 170000 0.909 1545302 170000 0.826 1401404 170000 0.683 1159105 170000 0.621 10515710 170000 0.386 65522NPV = $342,603. Diversification reduces the risk of an investor's portfolio by minimizing the impact of any single investment's performance on the entire portfolio. Diversification is essential for risk management. The risk of investing can never be eliminated entirely, but it can be reduced. Diversification is an effective tool for risk management. It helps investors to spread their investments across different types of assets, sectors, and geographies. By spreading investments, investors can reduce the impact of a single event on their entire portfolio.
Diversification helps avoid the concentration risk by holding a large portion of the portfolio in a single investment, asset class, or sector. Investors can achieve diversification through several methods. For example, they can invest in a mutual fund, exchange-traded funds, or individual stocks. Investors can also diversify by investing in different sectors or geographies. The purpose of diversification is to reduce the risk of investing and ensure that the investor's portfolio is well-positioned to achieve long-term investment goals.
Therefore, Diversification is a crucial technique that investors use to reduce the risks of their investments by allocating their assets across different types of investments such as stocks, bonds, and commodities. Diversification is essential for risk management. It helps investors to spread their investments across different types of assets, sectors, and geographies. By spreading investments, investors can reduce the impact of a single event on their entire portfolio.
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11
Select the correct answer from each drop-down menu.
Joseph is a practicing public accountant of the State of Virginia. Which certification has he acquired to legally practice in the state? Which authority
renews his license for practicing in the state of Virginia?
Joseph needs a certification from
his license for practicing as an auditor in the State of Virginia.
s reserved.
Reset
Next
The
renews
Answers
Joseph obtained a Certification (certified public accountant) designation in Virginia.
What does a CPA do?After obtaining, collecting data, and assessing the complete set of financial statements, an accountant assists firms in formulating important financial decisions. They are in charge of conducting financial audits, comparing bank statements, and guaranteeing the accuracy and reliability of accounting records all year long.
Do accountants earn substantial salaries?In conclusion, the average pay for an accounting career is $70,000 to $130,000 per year, with a 6% job growth rate by 2030. Accounting career wages can range from $40,000 to $120,000 per year based on education, certifications, firm location, and notably years of experience.
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The data on price and quantity purchased relating to a commodity for 10 months are given
below:Calculate coefficient of correlation between price and quantity.
Answers
Price and number of goods purchased are inversely correlated. Consequently, price rises as quantity rises.
What is data on price ?Pricing Data is accurate information on the costs of goods that are strikingly comparable to those being purchased. Prices are used interchangeably in this definition to refer to actual selling prices as well as suggested or prospective selling prices. Data pertinent to both primary and subcontract prices are referred to in the definition. Data may consist of specific costs, weights, addresses, names, ages, temperatures, dates, or distances, for instance. Data is a basic type of knowledge and has no meaning or use by itself. In other words, facts must be interpreted in order to have any significance. A pricing list again for new term has been sent by the Contractor to authorized buyers.
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If $240 is invested at an interest rate of 9% per year and is compounded monthly, how much will the investment be worth in 14 years? Use the compound interest formula A = P(1 r over n)nt. $68. 39 $704. 28 $842. 13 $846. 10.
Answers
With an investment of $240 at 9% interest rate, compounded monthly for 14 years, the investment will be worth $842. 13.
Data and Calculations:N (# of periods) = 168 (14 x 12)
I/Y (Interest per year) = 9%
PV (Present Value) = $240
PMT (Periodic Payment) = $0
Results:Future Value = $842.13
Total Interest $602.13
Thus, with an investment of $240 at 9% interest rate, compounded monthly for 14 years, the investment will be worth $842. 13.
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The Federal Reserve purchases large amounts of treasury securities in order
to:
A. slow down a period of rapid economic growth.
B. enforce regulations on its member banks.
C. increase the available money supply.
D. stop banks from lending too much money.
SUBMI
Answers
Answer: C. increase the available money supply
Explanation:
The supply of money is the total amount of money that a particular economy has at a particular point in time.
The Federal Reserve purchasing large amounts of treasury securities is an expansionary policy which means that it's a policy that is used to increase the money that's available in the economy.
When the government buys securities, it leads to more money on circulation. Likewise, if the federal government wants to reduce money supply, it sells securities to the people.
Therefore, the correct option is C.
C. increase the available money supply
Explanation:
The supply of money is the total amount of money that a particular economy has at a particular point in time.
When computing percentages for a bivariate table, it is best to calculate percentages __________ each category of the __________ variable.
Question 14 options:
within; independent
separate from; dependent
within; interval-ratio
Answers
The correct option is within; independent. It is best to calculate percentages within each category of the independent variable when computing percentages for a bivariate table.
When creating a bivariate table, it is important to understand the relationship between two variables. One variable, the independent variable, is used to categorize the data while the dependent variable is the outcome being measured. When computing percentages for a bivariate table, it is best to calculate percentages within each category of the independent variable. This allows for a clear understanding of how the dependent variable is distributed within each category.
For example, if the independent variable is age groups and the dependent variable is income levels, calculating the percentage of each income level within each age group will show if income levels vary significantly between different age groups. This information can be useful in understanding trends and making data-driven decisions.
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Who makes it legally en forcable promises in a unilateral insurancew policy]
Answers
Answer:
Unilateral Contract — a contract in which only one party makes an enforceable promise. Most insurance policies are unilateral contracts in that only the insurer makes a legally enforceable promise to pay covered claims. By contrast, the insured makes few, if any, enforceable promises to the insurer.
Explanation:
neeeeed heeellllpppp!!!!!!!!!!!
Answers
Answer:
I'd say b
Explanation:
it's a fire hazard symbol. none of the other answers would make sense
Act ii costumes has a quick ratio of 3.5:1, $120,000 in cash, $340,000 in inventory, and $20,000 in accounts receivable. What are its current liabilities?
Answers
Answer:
$40,000
Explanation:
Based on the given information, the current liabilities will be 40,000.
What are current liabilities?
Current liabilities are debts or obligations owed by a corporation to others that are due within one year or during the typical operating cycle of the business, whichever is longer.
To calculate the current liabilities, the formula used will be
Quick ratio = (cash + accounts receivable) / current liabilities
3.5 = Cash + accounts receivable/current liabilities
3.5 = $120,000 + $20,000 / current liabilities
current liabilities = $40,000
Therefore, the current liabilities in the given case are $40,000.
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Which is an example of an income deduction? an unexpected salary cut wages lost due to illness vacation budget retirement savings
Answers
Retirement savings are among the examples of income deduction and Option D is correct.
What is Income deduction?Income deduction can be defined as the amount that is being deducted transparently from the actual income before the income comes in hand and is allocated in other reserves that are utilized for various benefits.
Retirement savings, income tax, medicare, and many more are some of the examples of Income deduction.
Retirement savings are funds deducted transparently and consistently from the income for a long period of time and is returned to the employee during the time of retirement.
Therefore, Retirement savings are among the examples of income deduction and Option D is correct.
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Answer:
the answer is D
trust me
If a country has a current account deficit, which of the following must be true? It must also show a deficit in its capital account. It must also show a deficit in its capital account. A It must show a surplus in its capital account. It must show a surplus in its capital account. B It must increase the purchases of foreign goods and services. It must increase the purchases of foreign goods and services. C It must increase the domestic interest rates on its bonds. It must increase the domestic interest rates on its bonds. D It must limit the flow of foreign capital investment.
Answers
Answer:
A. It must show a surplus in its capital account.
Explanation:
A deficit can be defined as an amount by which money, falls short of its expected value.
In Financial accounting, deficit is usually as a result of revenue falling below expenses or expense exceeding revenue at a specific period of time.
For instance, if in a country liabilities exceeds assets or import exceeds export there would be a deficit in the financial account of the country.
Generally, a deficit on the current account of a country leads to a surplus on the financial and capital account. This is simply as a result of a country having to import more goods and services than it is exporting to other countries in trade.
Hence, if a country has a current account deficit, it must show a surplus in its capital account.
In conclusion, a deficit on the current account is because the value of goods and services exported is lower than the value of goods and services being imported in a particular country.
Larkspur Corporation manufactures drones. On December 31, 2019, it leased to Althaus Company a drone that had cost $104,800 to manufacture. The lease agreement covers the 5-year useful life of the drone and requires 5 equal annual rentals of $37,400 payable each December 31, beginning December 31, 2019. An interest rate of 7% is implicit in the lease agreement. Collectibility of the rentals is probable. Prepare Larkspur’s December 31, 2019, journal entries
Answers
Answer:
First find the present value of the lease. Payments are constant and fixed so this is an annuity. As it is to be paid from the beginning, it is an Annuity due.
= Annuity * Present value interest factor of annuity due, 5 years, 7%.
= 37,400 * 4.3872
= $164,081
Date Account Details Debit Credit
Dec. 31, 2019 Lease Receivable $164,081
Cost of goods sold $104,800
Sales $164,081
Inventory $104,800
Date Account Details Debit Credit
Dec. 31, 2019 Cash $37,400
Lease Receivable $37,400
What are the five C's of the marketing mix
Answers
The 5Cs in the marketing mix are Company, Collaborators, Customers, Competitors, and Context.
What is a Marketing mix?The marketing mix is the collection of activities, or tactics, that a business employs to market its brand or merchandise.
A marketing framework called the 5C Analysis is used to examine the environment in which a company operates.
Along with risk exposure to various environmental factors, it can shed light on the main success factors. The 5Cs are Company, Collaborators, Customers, Competitors, and Context.
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