1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nesterboy [21]
2 years ago
7

An individual with $32.000 in taxable income pays $970 for the 10% tax bracket, and $2,676 for the 12% bracket. What is the over

all federal income tax payment for this individual?
Business
1 answer:
trapecia [35]2 years ago
5 0

The overall federal income tax payment of this individual is $970+$2676= $3646.

<h3>What is federal Income tax?</h3>

The federal government and the majority of states in the US impose income taxes. Applying a tax rate to taxable income, which is the entire income less permissible deductions, yields the income taxes, which may arise as income rises.

So the taxable income of the individual will be $3646.

Learn more about federal income tax:

brainly.com/question/25325875

#SPJ1

You might be interested in
________ suggests repeated exposure to TV commercials, or low involvement information processing, induces purchase decisions bef
Mariana [72]

Answer:Passive learning

Explanation:Passive learning can be described as students taking part in course elements that include solely the taking in of information. Examples of this include: reading, listing to a lecture, watching a video, and looking at pictures or PowerPoints. Students learn at the level by taking in the information presented.

It is the process used by an agent to learn the automaton representing the behavior of a different system when he has no control over the inputs supplied to an automaton. In this case the agent is a passive observer of the behavior of the system without interacting with it.

3 0
3 years ago
The compressor division at Norco Corporation can buy the coils it requires either from the company's coil division or from the m
Molodets [167]

Answer:

c.

Explanation:

Based on the information provided within the question it can be said that the lower limit for setting the transfer price will be the variable cost of production for coil division. This is because the coil division price for it's coils is what is being looked at since it is determined by their production output and their capacity to meet the compressor division's requirements.

8 0
3 years ago
If you are a director of a tea company, what will you do with functional management (POLC)? You are required to make a detail pl
stepan [7]

Answer:

Make someone else director

Explanation:

I would be too lazy to do that. ;)

3 0
3 years ago
Read 2 more answers
Pls help me with this, I've been stuck for like 20 minutes​
Aneli [31]

Answer:

B ang answer in my opinion

Explanation:

sorry...hope it helps:)

7 0
2 years ago
Read 2 more answers
Each week you drive 150 miles your car gets 25 miles to the gallon and gas prices are three dollars per gallon how much money wi
Flura [38]
Total cost = $3 / gallon (150 miles / (25 miles/gallon)) =<span> $18</span>
6 0
3 years ago
Other questions:
  • Accrual accounting: A. results in the balance sheet showing the fair value of the entity's assets. B. is designed to match reven
    7·1 answer
  • If Jack bought 12 DVDs last year when his income was $40,000 and he buys 14 DVDs this year when his income is $43,000, then his
    13·1 answer
  • Cars made in the United States by an American-owned company are included in______
    15·1 answer
  • A new operating system for an existing machine is expected to cost $570,000 and have a useful life of six years. The system yiel
    7·1 answer
  • Hewitt and Patel are partners, sharing gains and losses equally. They decide to terminate their partnership. Prior to realizatio
    11·1 answer
  • The balance sheet of the Algonquin Company reported assets of $50,000, liabilities of $22,000 and common stock of $15,000. Based
    12·1 answer
  • Under GASB standards, financial information useful for assessing operational accountability is primarily reported in which finan
    8·1 answer
  • Gilmore, Inc., just paid a dividend of $3.20 per share on its stock. The dividends are expected to grow at a constant rate of 6.
    15·1 answer
  • When sport/event organizations seek sponsors who will exploit the sponsorship, what benefit are they seeking to gain?
    5·1 answer
  • Which of the following is NOT listed on a balance sheet?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!