All categories

1 year ago

The most important tax rate for determining an individual's incentive to work is the _____ tax rate.

Business

1 answer:

zheka24 [161]1 year ago

6 0

The most important tax rate for determining an individual's incentive to work is the margnal tax rate.

Tax refers to the compulsory financial charge or levies on an individual or entities by governments in almost every country of the world.

Tax is a tariff or duty that is the revenue of the government which is levied by it on the income of the workers, business profits, and also added to goods and sevices.

A tax rate is the rate or a percentage at which an individual or corporation is taxed. Basically, there are two types direct taxes and indirect taxes.

Learn more about tax here:-

brainly.com/question/16423331

#SPJ4

You might be interested in

Which PCI security requirement relates to the physical protection of banks’ customer data?

iVinArrow [24]

The answer is <u>"D. Network vulnerability management".</u>

A network vulnerability assessment is the way toward auditing and dissecting a PC arrange for conceivable security vulnerabilities and escape clauses.

It is utilized by system chairmen to assess the security design and safeguard of a system against possible vulnerabilities and dangers.

A network vulnerability assessment helps network administrators or organize security staff to evaluate the security quality of a specific system.

4 0

2 years ago

Read 2 more answers

Required information

Triss [41]

Answer:

1. Ending inventory = $3519

2. Cost of Goods Sold = $21030

3. Sales Revenue = $27279

4. Gross Profit = $6249

Explanation:

FIFO method of inventory valuation is whereby the stock that first comes into the business, leaves first. This is common in perishable inventory such as vegetables or fruits.

Jan 1. Beginning inventory: 53 units x $45 = $2385

Total

53 units x $45 = $2385

Apr 7. Purchase 133 units x $47 = $6251

Total

53 units x $45 = $2385

133 units x $47 = $6251

Jul 16. Purchase 203 units x $50 = $10150

Total

53 units x $45 = $2385

133 units x $47 = $6251

203 units x $50 = $10150

Oct 6. Purchase 113 units x $51 = $5763

53 units x $45 = $2385

133 units x $47 = $6251

203 units x $50 = $10150

113 units x $51 = $5763

1. Ending inventory = 502 - 433 = 69 hence,

69 units x $51 = $3519

2. Cost of Goods Sold =

[$2385 + $6251 + $10150 + (44 units x $51)] = $21030

OR $24549 - 3519 = $21030

3. Sales Revenue =

433 units x $63 = $27279

4. Gross Profit = Sales Revenue - Cost of Goods Sold hence,

$27279 - 21030 = $6249

4 0

2 years ago

Suppose only two countries existed in the world. Country A imported $200 million worth of goods and services from Country B. Cou

tigry1 [53]

Answer:

C. Country A equals –$100 million.

Explanation:

Imports from Country B to Country A = $200 million

Imports from Country A to Country B = $100 million

Imports for one country represents exports to another.

Net exports is the difference between exports and import for a country.

Net exports for country A = $100 million - $200 million = - $100 million

Net exports for country B = $200 million - $100 million = $100 million

Right option is C. Country A equals –$100 million. Country's A export is less than it's import.

6 0

3 years ago

A net worth statement, financial goals, and a budget are all part of a _____.

Gemiola [76]

A net worth statement, financial goals, and a budget are all part of a financial plan.

5 0

2 years ago

The following selected transactions were completed by Capers Company during October of the current year:

Zarrin [17]

Answer:

Date Accounts title and explanations Debit$ Credit$

1-Oct Merchandise inventory 15458

Accounts payable - Sabol imports 15458

3-Oct Merchandise Inventory 9850

Accounts payable- Saxon Co. 9650

Cash account 200

4-Oct Merchandise Inventory 13550

Accounts payable- Schnee Co. 13550

6-Oct Accounts payable -Schnee Co 4350

Merchandise inventory 4350

13-Oct Accounts payable-Saxon Co 9650

Cash account 9457

Merchandise inventory 193

(9650*2%)

14-Oct Accounts payable-Schnee Co 9200

Cash account 9016

Merchandise inventory 184

(9200*2%)

19-Oct Merchandise inventory 27270

Accounts payable - Southmont Co 27270

19-Oct Merchandise inventory 375

Cash account 375

20-Oct Merchandise inventory 21400

Accounts payable -Stevens 21400

30-Oct Accounts payable-Stevens 21400

Cash account 21186

Merchandise inventory 214

(21400*1%)

31-Oct Accounts payable-Sabol imports 15458

Cash account 15458

31-Oct Accounts payable -Southmont Co 27270

Cash account 27270

7 0

3 years ago