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Pepsi [2]
3 years ago
14

The net investment income tax (niit) is computed on ___________.

Business
1 answer:
omeli [17]3 years ago
4 0

<span>Net investment is computed on several factors which includes capital gains, rental and/or royalty income, income from businesses, interest. To calculate net investment income, an individual's investment  income will be reduced by a certain amount . This is simply to determine the depreciation of the investment.</span>


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Assume a single taxpayer is taxed at 10% on the first $9,275 of taxable income, 15% on the next $28,375 of income, and at 25% fo
Ksenya-84 [330]

Answer:

14.93%

Explanation:

Given:

For taxable income $9,275, tax rate = 10%

For taxable income $28,375, tax rate = 15%

For taxable income $53,500, tax rate = 25%

Now,

Tax on income =  tax rate  × taxable income

thus,

Total Tax on first $9,275 = $9,275 × 10% =  $927.5

and,

Total tax on next $28,375 = $28,375 × 15% = $4,256.25

Therefore, the total income that has been taxed till the $9,275 + $28,375

= $37,650.

and, the amount left to be taxed = $42,000 - $37,650 = $4,350

Thus,

Tax on remaining $4,350 = $4,350 × 25% = $1,087.5

Total tax = $927.5  + $4,350  + $1,087.5  = $6,365

Therefore,

The average tax rate = \frac{\textup{Total tax}}{\textup{Taxable income}}\times100

or

The average tax rate = \frac{6,365}{42,000}\times100

or

Average tax = 14.93%

6 0
3 years ago
T&amp;P Corporation is a transnational company with four distinct businesses, including a national music and video store chain,
Aleksandr [31]

Answer: Related diversification

Explanation:

The corporate-level strategy that T&P appear to follow is related diversification. Related Diversification is a situation that comes into place when there is an expansion or an addition of a company's existing production line.

In this scenario, we are informed that T&P is in the process of acquiring another company, its major music store rival ReBop Records. This will lead to an expansion of the production line of T&P.

Therefore, the corporate-level strategy that T&P appear to follow is Related diversification.

6 0
3 years ago
Melissa is trying to decide between two digital cameras.
prohojiy [21]

Answer:

Buy Camera 2.

Explanation:

PACED, decision making process is used to make decisions when alternative options are available. In the given case Melissa has two option either to buy camera 1 or camera 2.

The steps for PACED decision making process are :

1. Define the Problem

2. List Alternatives

3. Identify Criteria

4. Evaluate Alternatives

5. Make a Decision

1. To buy Camera 1 or Camera 2

2. Camera 1 or Camera 2

3. Which ever camera has more features will be selected

4. Camera 2 has better features than camera 1

5. Buy Camera 2.

8 0
2 years ago
The key principle of supply chain management can be best summed up as ________ between multiple firms.
hram777 [196]

Answer:

Collaboration.

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

The key principle of supply chain management can be best summed up as collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.

Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.

3 0
3 years ago
Fisher Inc. wants to bring radical change to the current skills that exist in the organization, so they are going to employ ____
dalvyx [7]

Fisher Inc. wants to bring about a radical change to the current skills that exist in the organization, so they will employ internal growth strategies.

<h3 /><h3>Change management</h3>

It is an approach that should be used when an organization decides to implement significant changes that will impact administrative routines and the work of employees.

The purpose of change management is to prepare and support employees to adapt to changes that will occur in the work environment, generating greater transparency, compliance and reducing resistance.

Therefore, it is essential that when defining internal growth strategies that generate changes, the organization analyzes, monitors and evaluates the changes so that the new processes occur successfully and generate benefits for the company.

Find out more information about growth strategies here:

brainly.com/question/15115779

4 0
2 years ago
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