I had to look for the options and here is my answer:
What Mcdonald's should do in order to know whether to serve breakfast all day based on economics perspective is firstly, conduct surveys to the customers in order to have a basis on what the customers would think and feel about this new change. And then there should also be a pilot-testing too.
This would be the calculation since you said that PA is your
state:
Gross Pay – 50,000
Tax deferred retirement - -
Caferteria - -
Circumstance options – (10,400)
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Taxable income – 39,600
Federal Income Tax – 5,553.75
California State Income Tax – 1,535
Social Security – 3,100
Medicare tax – 725
Additional Medicare tax – 0
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Take home pay – 39,086.25
Deduct the gross pay to the take home pay, to know the
amount of tax = 50,000 – 39,086.25
=10,913.75
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Limited Partnership and general partnership
Answer:
$41,000
Explanation:
Gross income an individual or individuals is the total amount of income that he or they receive from his or their employer(s) before taxes are deducted and other allowable deductions are made.
The gross income is an aggregation of all income from all sources whether the income is received in cash or in kind. That is, part of the income to consider when calculating gross income are income received in kind like property or services received.
From the question, the gross income of Hermano and Rosetta can be calculated by adding all the income they received from all sources before tax are deducted as follows:
Gross Income = Social Security benefits + Interest on savings account + Taxable pension payment
Gross Income = $10,000 + $3,000 + $28,000
= $41,000.
Therefore, the gross income of Hermano and Rosetta is $41,000.