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
Nostrana [21]
1 year ago
11

porter jewelers, a sole proprietorship has a marginal tax rate of 32 percent and an average tax rate of 20.9 percent. if the fir

m owes $34,330 in taxes, how much taxable income did it earn?
Business
1 answer:
Vitek1552 [10]1 year ago
6 0

The amount of Taxable income earned equals $164,258.37.

<h3>What is a Taxable income?</h3>

It refers to any gross income earned that is used to calculate the amount of tax you owe.

Taxable income = $34,330 / .209

Taxable income = $164,258.37

Therefore, the amount of Taxable income earned equals $164,258.37.

Read more about Taxable income

brainly.com/question/25641320

#SPJ1

You might be interested in
The Supplies Expense account was debited $1,240 by the Sanford Company for office supplies purchased during the first year of op
Gre4nikov [31]

Answer:

The Decrease in expenses $360

Explanation:

Since the supplies expense is debited by $1,240 for office supplies purchased

and the office supplies on hand is $880

So, the remaining office supplies left is

= Supplies expenses debited for Office supplies purchased -  office supplies on hand

= $1,240 - $880

= $360

This $360 represent that there is a decrease in expenses

5 0
3 years ago
The four general approaches that companies use to develop employees include: Question 41 options:
ad-work [718]
C. is the correct answer
8 0
3 years ago
Which interest-bearing account is best for people who won't need access to their money for several months or longer?
Alecsey [184]
The answer is A. 
CD(<span>Certificate of Deposit)</span> is similar to a saving account, but it has additional perks. There is a minimum amount of money you have to deposit and you have to deposit that money for a certain amount of time (term). CDs have better interest rate than savings accounts, but if you withdraw your money before the term you pay penalties.
This makes them a good option for people have some extra money that they won't need in a near future.
3 0
3 years ago
In Marketing in the News, we heard that Michelin tire company is running a new sales promotion. What did we hear the company is
trasher [3.6K]

Answer:

A) Offering 1/2 price discounts through Costco.

Explanation:

Probably the most commonly used and most effective sales promotion is to offer a discount to your products or services. Everyone loves the idea of paying less for a product they need or want. But there is a catch with this type of activity, you shouldn't do it very often. If discounts are offered on a regular basis, then customers will tend to purchase the product only when a discount is available.

7 0
3 years ago
In order to lower his monthly auto insurance bill, Henry has decided to change his existing policy by increasing the deductible
Len [333]

<span>Since Henry decided to increase the deductible on his existing insurance policy, his monthly auto insurance premium will be lower. This means that higher deductible means lower premium payments. It also affects the insurance coverage of Henry because this mean that Henry must shoulder a specific amount (or high cash-out) before the claim is paid by the insurance company.</span>

7 0
3 years ago
Read 2 more answers
Other questions:
  • The costs normally required to manufacture a product, which are calculated from historical costs and any changes from that, are
    7·1 answer
  • Why do investors need to determine their investment objective before they invest?
    12·1 answer
  • Plastic Pretzels stock recently paid a dividend of $1.39 per share. The dividend growth rate is expected to be 3.60% indefinitel
    9·1 answer
  • "To get out the vote" is an example of what type of mission statement?
    5·1 answer
  • The purpose of a restrictive monetary policy is to:a. reduce borrowing costs b. stimulate spending curb c. rising prices and ove
    7·1 answer
  • a. Perform a Du Pont analysis on Green Valley. Assume that the industry average ratios are as follows: Total margin 3.5% Total a
    14·1 answer
  • In choosing the appropriate plant size for a​ single-plant firm during the long​ run, the firm will pick the size whose​ short-r
    8·2 answers
  • The total of all accumulated and unpaid deficits a situation in which revenue exceeds outlays a situation in which outlays excee
    15·1 answer
  • For a cheese-lover, Burger King's Mac n' Cheetos are what type of product? (1pt)
    15·1 answer
  • Two-Asset Portfolio Stock A has an expected return of 12% and a standard deviation of 35%. Stock B has an expected return of 17%
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!