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erma4kov [3.2K]
3 years ago
12

This year, you owed $6,414.95 in federal income tax. If you are taxed at a net rate of 17%, what was your taxable income for thi

s year?
Business
2 answers:
dybincka [34]3 years ago
8 0
The answer is $37,735.00.
 Hope I could help. Have a good day ^.^
bija089 [108]3 years ago
4 0

Answer:

$37,735

Explanation:

The net tax rate of 17% amounts to $6,414.95.

The taxable income for the year will be represented by 100% which is computed below:

17%   =   $6,414.95

1%      = $6,414.95/ 17%

100% =  ($6,414.95/ 17%) X 100%

         = $37,735

Therefore, the taxable income for the year is $37,735.

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High-performance teams are characterized by: members with only individual accountability. members with specialty skills rather t
Soloha48 [4]

Answer:

extensive communication mechanisms.

Explanation:

High-performance teams is a term often used in organizational settings to describes teams that often performed better than other teams and beyond expectation. They are associated with various characteristics amongst others which are:

1. Presence of extensive communication mechanisms

2. Constant collaboration among team members

3. Define objectives and goals

4. Ability to tackle and resolve conflict amicably with speed.

7 0
3 years ago
How supply and demand work together to reach the equilibrium price in the marketplace? Please give at least a paragraph. Thank y
grandymaker [24]

Answer

Before I answer this question, you must note that the equilibrium price is created by both the amount supplied of a certain product as well as how much "customers" there are (or the amount that is bought in all).  This however, is usually not taking account any potential competitors.

For example, let say that the price in creating the product (or buying) is $15. This means that right now, the company loses $15 for one of the products. To make a profit, the selling price must be >$15. However, (unless they are a monopoly, such as, for example, electrical companies) there are competitors that they must fight with to get customers. Of course, there are other things that can affect the price, depending on the demographic and area.

So how does supply and demand affect the equilibrium price? The limits of the supply & the amount of demand would help determine the price by the amount of people buying and the supply of the product.

~

6 0
3 years ago
Read 2 more answers
Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to determine Bounty's
Svetlanka [38]

Answer:

Variable cost per unit= $0.10

Explanation:

Giving the following information:

Cost Machine Hours

March $3,106 15,176

April 2,668 9,558

May 2,892 11,947

June 3,538 17,899

<u>To calculate the variable cost under the high-low method, we need to use the following formula:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (3,583 - 2,668) / (17,899 - 9,558)

Variable cost per unit= $0.10

8 0
3 years ago
A regulatory agency that protects workers is
bagirrra123 [75]

Answer:

answer is A

Explanation:

6 0
3 years ago
A business is operating at 90% of capacity and is currently purchasing a part used in its manufacturing operations for $14.00 pe
yanalaym [24]

Answer

Option C

Decrease in cost   $132,672

Explanation:

T<em>o determine the increase or decrease in  costs associated with making, we will compare the relevant costs of the two options as follows</em>

<em>                                                                          $</em>

Variable cost of making                                10

Variable cost buying                                      <u>14</u>

Savings in  cost per from making                 4

Total cost savings (decrease)    4 × 33,168 = $132,672

Decrease in cost as result of making =$132,672

4 0
3 years ago
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