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erik [133]
3 years ago
5

8. Katie pays $10,000 in tax-deductible property taxes. Katie’s marginal tax rate is 32%, average tax rate is 28%, and effective

tax rate is 25%. Katie's tax savings from paying the property tax is
Business
1 answer:
Olin [163]3 years ago
8 0

Answer:

The Tax savings for the property tax is 3200 USD.

Explanation:

As Katie paid property taxes as $10000 in tax-deductible property taxes. In calculation of this the marginal tax rate is used in calculation. Thus

                          Tax_{savings}=Tax_{Marginal-rate} \times Amount paid\\Tax_{savings}=32\% \times 10,000\\Tax_{savings}=\frac{32}{100} \times 10,000\\Tax_{savings}= \$ \, 3200\\

So the Tax savings for the property tax is 3200 USD.

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What is the principle of E-commerce?
timurjin [86]

1. Develop for mobile ; 2. Ensure performance is speedy ; 3. Invest in design ; 4. Put your customers first ; 5. Be locale-sensitive.

5 0
2 years ago
In​ 2016, global revenue for Amazon was​ ________ when measured in local currencies than it was when measured in dollars. This o
Shalnov [3]

Answer:

Lesser and fell relative to other currencies

Explanation:

This phenomenon is usually termed "Currency depreciation" a fall in the value of a currency in a floating exchange rate system.

The depreciation in 2016 occurred due to factors such as monetary policy, political instability and high inflation.

Amazon's global revenue was 135.99 billion US dollars in 2016, comparing the foreign exchange value in local currencies at that time will give a lesser value now.

3 0
3 years ago
When creditors, managers, and investors look at expenses as a percentage of revenue, they are __________.
sineoko [7]

Answer:

Doing a financial statement analysis.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

Financial statement analysis can be defined as the process of analyzing, estimating and reviewing the financial statements of a business firm or organization in order to make better economic decisions and profits in the future.

Hence, when creditors, managers, and investors look at expenses as a percentage of revenue, they are doing a financial statement analysis.

7 0
2 years ago
Purely domestic firms will be at a disadvantage to mnes in the event of market disequilibria because
Amanda [17]

Purely domestic firms will be at a disadvantage to men's in the event of market disequilibria because domestic firms lack comparative data from its own sources.

<h3>What are domestic firms?</h3>

Most or all of the operations of domestic companies are conducted within the US. They might export goods or import supplies, but these activities often make up a modest portion of overall corporate activity. US securities regulations primarily apply to domestic enterprises. Typically, their financial reports are created using widely accepted accounting principles (GAAP).

To know more about domestic firms visit:

brainly.com/question/13770538

#SPJ4

8 0
9 months ago
Q 6.29: Accurate Auditing is conducting an inventory count for Blake Industries. Blake intermingles empty boxes with full boxes
Rasek [7]

Answer:

The asset would have been overestimated

Explanation:

An inventory account deals with assigning values to all the items or goods that are involved in the production process ranging from raw goods, processed goods to market-ready goods.

<em>An inventory represents an asset to a company. Hence, the presence of empty boxes in the storeroom if otherwise taken as full boxes will lead to an overestimation of the asset unless they are discovered.</em>

3 0
3 years ago
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