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yaroslaw [1]
3 years ago
10

You are a single person with no dependents, earning a salary of $47,810. You have no adjustments to your income. Use the informa

tion provided to find your taxable income. Use this equation:taxable income = gross income – (adjustments + deductions + exemptions)Then find your tax liability. Explain how you found your answer.
Business
1 answer:
vitfil [10]3 years ago
4 0
The taxable income for that person is $47,810 and the tax liability can be found by multiplying the taxable income by the tax rate. The person does not have any adjustment to his/her salary, therefore all of his salary amounts becomes the taxable income. The tax liability can be found by multiplying the $47,810 with a specific tax rate.
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Answer: Informative Advertising

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At a specific point on the demand curve for backpacks, the elasticity of demand is calculated to be -0.5.a. At that point, we wo
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Answer:

Inelastic; 5%; fall; 10%; rise

Explanation:

Price elasticity of demand is always negative for normal goods. This happens because of the law of demand, that demand falls with rise in price.

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This means that there is smaller change in demand due to a greater change in price level.

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The revenue will fall, because of greater fall in price.

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3 years ago
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vladimir1956 [14]

good rental history helps build credit

6 0
2 years ago
if a farm has nfio of $100,000, and an opportunity cost total of $25,000, what is the farm's return to equity? (round to the nea
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The return to equity is $75000

Another form of financial ratio is the return on equity. Financial ratios are data taken from a firm's financial statements and used to predict and draw specific conclusions about the organization.

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Since the farm has Nfio of $100,000 and an opportunity cost total of $25,000.

Therefore,

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7 0
1 year ago
A country has a gross domestic product of 225. if the GDP deflator is 3 what would be the real GDP of the country
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GDP deflator is nominal GDP divided by real GDP.

Therefore, 225/real GDP = 3, and then real GDP would then equal 75.
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3 years ago
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