Business, 29.07.2019 12:30 ebonsell4910

Suppose the tax rate on the first $10,000 income is 0 percent; 10 percent on the next $20,000; 20 percent on the next $20,000; 30 percent on the next $30,000; and 40 percent on any income over $80,000. family a has income of $40,000 and family b has income of $100,000. what is the marginal and average tax rate for each family? a. family a. marginallong dash—10 percent; averagelong dash—10 percent; family b. marginallong dash—30 percent; averagelong dash—30 percent. b. family a. marginallong dash—20 percent; averagelong dash—20 percent; family b. marginallong dash—40 percent; averagelong dash—40 percent. c. family a. marginallong dash—20 percent; averagelong dash—10 percent; family b. marginallong dash—40 percent; averagelong dash—23 percent. d. family a. marginallong dash—20 percent; averagelong dash—15 percent; family b. marginallong dash—40 percent; averagelong dash—20 percent.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 00:30

Refers to the way we conduct ourselves

Answers: 2

Answer

Business, 22.06.2019 04:10

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

Answers: 2

Answer

Business, 22.06.2019 11:30

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Answers: 1

Answer

Business, 22.06.2019 13:40

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.

Answers: 2

Answer

You know the right answer?

Suppose the tax rate on the first $10,000 income is 0 percent; 10 percent on the next $20,000; 20...

Questions