If Sarah is in the income tax band that has a marginal rate of 24%, the amount of the deduction that must be taken in order to generate a tax advantage that is equivalent to that provided by the child care credit is x = 5000.
This is further explained below.
<h3> What amount of deduction is necessary to provide a tax benefit that is equal to that provided by the child care credit if Sarah is in the 24% marginal income tax bracket?</h3>
Generally, The proportion of an individual's income that must be paid in taxes is referred to as that person's marginal tax rate.
The average tax burden may be conceptualized as the entire tax burden expressed as a proportion of the income that is produced.
Tax: Taxes are payments to the government that is required of all citizens, whether they be people or companies.
In conclusion,
Available deduction = 1200
Deduction rate = 0.24
Amount of money needed for an investment
x= 1200/0.24
x= 5000
Read more about marginal income tax
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<u>Answer:</u>
<em>D. The equilibrium interest rate and amount invested would both increase
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<u>Explanation:</u>
Investment spending is a significant classification of actual GDP. Not exclusively is it the most unstable piece of real GDP; however, speculation spending on physical capital is additionally a significant supporter of financial development. Things being what they are, if a firm needs to construct another processing plant, where does it get the assets to assemble it? The investment of loanable assets depends on investment funds. The interest in loanable assets depends on getting.
Answer:
Nine jurisdiction which are California, District of Columbia, Florida, Idaho, Iowa, Nebraska, New Jersey, Utah, and Wyoming
Explanation:
The Uniform Limited Liability Company Act (ULLCA) was an act that was formed in 1995 and was amended in 1996 and 2006 which allows small businesses enjoy tax advantage of a partnership.
Answer:
The production quality deviates from the standard. Production should de stopped.
Explanation:
Quality management is the process of detecting and reducing or eliminating errors in manufacturing. The focus of the process is to improve the quality of an organization's outputs.
The company standard of production is that 98,3% of their stitching must be straight. The quality can't be lower than that percentage. Any deviation must be analyzed and fixed.
In this case, 81% of the baseballs reach the minimum standard. The production should be stopped to find the cause of the deviation.
Answer:
Match the file of back order to the goods received on daily basis
Explanation:
As the supplier unable to fill the order and mark the items, out of stock as the back ordered on the order of the customer. This lead to that the customers becoming disgruntled with the supplier as the supplier unable to keep the track of the items.
The approach which states prompt as well as appropriate items is to match the file of the back order to the goods received by the supplier on daily basis.
The system should be designed or created which automatically reconcile the back order file with the shipments on the daily basis. The system could identify or recognize the unfilled orders for prompt as well as appropriate action.
