Answer:
60%
Explanation:
The union cannot prohibit Ben from going back to work but they can take disciplinary action against him for doing so. Federal courts have ruled in favor of different unions regarding disciplinary actions and as long as Ben remains a union member he can be fined, but not forced to resign. If Ben wants to avoid paying the fine, he should leave the union before going back to work.
Answer:
Producer surplus is
- D. the difference between the lowest price a firm would be willing to accept and the price it actually receives.
How does producer surplus change as the equilibrium price of a good rises or falls?
- As the price of a good rises, producer surplus <u>increases</u>, and as the price of a good falls, producer surplus <u>decreases</u>.
Explanation:
Producer surplus refers to the difference between what a supplier or producer is willing and able to accept for their goods or services, and the actual price of those goods and services. If the supplier is willing to accept $2 per unit, but is able to sell them at $3 per unit, the supplier or producer surplus = $3 - $2 = $1
Answer:
The tax for all five cases is as calculated in the attached figure.
Explanation:
The calculation of tax for individual income is calculated as attached in the excel file screen shot. As year is not mentioned, the tax tables are used for 2015 (As observed by finding a reference question).
Net Taxable Income: |$62449
Dividend: |$ (560)
--------------------------------------------
Taxable Income |$ 61889
(excluding dividend) |
For income bracket | Tax Rate | Tax Amount
(0-18450) | 10% of Income | 18450*10%= $1845
(18451-74900) | 15% of Income | (61889-18450)*10%= $6525.85
Total Tax (Less Dividend) | $ 8360.85
Tax on Dividend is given as
0% for Income less than 74900. As income is less than the value so the dividend tax is 0.
Total Tax=Tax(less dividend)+Tax(dividend)
Total Tax=$ 8360.85
The other entries are calculated using the same in the excel and the screenshot is attached below.
Answer:
a. 24,000
Explanation:
The estimate of the units produced is shown below:
= Sales units + ending inventory units - starting inventory units
= 23,000 units + 9,000 units = 8,000 units
= 24,000 units
We simply added the ending inventory units and subtract the starting inventory units from the sales units so that the correct quantities can arrive.
Answer:
61,198.47
Explanation:
First we solve for the present value of the note receivables at January 1st, 2021 As we are asked for the interest revenue on the 2021 incoem statment
Maturity $750,000.00
time 2.00
rate 0.10000
PV 619,834.7107
now, we calcualte the interest considering the 10% implicit interest
619,834.7107 x 0.10 = 61,198.47
This will be the interest revenu for the year 2021