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Hunter-Best [27]
2 years ago
14

arlene is single and ahas taxable income of $34000. her tax liability is currently $4636. she has the opportunity to earn an add

itional $6000 this year. her tax liability will grow to $5771 if she receives the additional income. what is arlene's marginal tax rate for the additional $6000?
Business
1 answer:
Kipish [7]2 years ago
7 0

Answer:

The marginal tax rate for the additional $6000 is 15.58%.

Explanation:

Arlene has a taxable income of $34,000.

Her tax liability is currently $4636.

Her income is to be increased by $6000.

Her tax liability will increase to $5571.

Marginal tax rate

= \frac{change\ in\ tax}{change\ in\ taxable\ income}

= \frac{5571 - 4636}{6000}

= \frac{935}{6000}

= 0.1558

So the marginal tax rate is 15.58%.

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A ___ in the money supply will cause interest rates to decrease which in turn causes spending to come ?
vitfil [10]

Answer:

decrease/decrease

Explanation:

The interest rate is a monetary mechanism that serves to keep inflation under control. Inflation is a monetary phenomenon, caused by excess currency in circulation. Thus, the more money in circulation, the higher the interest rate tends to be. Conversely, when the money supply is smaller, inflation will be lower. Consequently, the interest rate will be low. Similarly, when the money supply is high, spending on the economy increases (and causes inflation). When the money supply is low, less money will be in circulation and spending will decrease. Inflation will be low. And the interest rate too!

5 0
3 years ago
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Josh separated people who wanted a high quality lawn mower from people who wanted a low priced lawn mower, then saw if different
Vsevolod [243]

Answer:

The correct answer is letter "D": behavioral.

Explanation:

In market segmentation, classifying customers by behavior implies analyzing their consumption patterns to find out what type of product they are likely to buy under what conditions. This research allows companies to know what each type of client is looking for so the corporation can dedicate a tailored item for each market sector. By doing so, the firm increases its opportunities to generate more sales.

3 0
3 years ago
Many classic entrepreneurs are _____ who start small and plan to keep their business small. Group of answer choices interpreneur
Lisa [10]

Many classic entrepreneurs are micropreneurs who start small and plan to keep their business small.

Business is the interest of making one's residing or being profitable by producing or buying and selling products. it's also "any hobby or agency entered into for profit. A enterprise is defined as an agency or enterprising entity engaged in industrial, industrial, or professional sports. organizations can be for-income entities or non-income groups. enterprise kinds variety from confined liability businesses to sole proprietorships, agencies, and partnerships. The definition of commercial enterprise is an career or trade and the purchase and sale of services or products to make a earnings. An example of enterprise is farming. An instance of commercial enterprise is a residence sale.

Learn more about business here:brainly.com/question/24553900

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3 0
1 year ago
If you put $2,620 in a savings account and make no further deposits, what type of calculation would provide you with the value o
riadik2000 [5.3K]

Answer:

future value of a lump sum:

Nominal(1+r)^n = FV\\2,620(1+r)^{28} = FV

Explanation:

when there is only a single deposits the formula will be the compounding interest future value of a lump sum

The deposits will generate incoem at a given rate r which, will make it increase their value over the course of time.

3 0
3 years ago
Dawson Toys, Ltd., produces a toy called the Maze. The company has recently established a standard cost system to help control c
guapka [62]

Answer:

a) 500F and 3,000U

the company use a cheaper material thus, favorable price variance.

But this material had lower quality thus, negative quantity variance

b) 4,000U   2,100U

There was overtime thus, making labor rate higher and productivity as the shift are longer, decrease.

It could also be a combination between wrong directives from the supervisor or defective equipment

Explanation:

DIRECT MATERIALS VARIANCES

(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance

std cost         $ 1.50

actual cost      $ 1.48

quantity 25,000 (amount purchased)

difference  $0.02

price variance  $500.00

(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: quantity \: variance

std quantity         18000 (3,000 toys produced x 6 per toy)

actual quantity 20000 (25,000 - 5,000 ending inventory)

std cost                    $1.50

difference      -2000.00

quantity variance  $(3,000.00)

DIRECT LABOR VARIANCES

(standard\:rate-actual\:rate) \times actual \: hours = DL \: rate \: variance

std rate          $21.00

actual rate  $22.00  (88,000 labor cost / 4,000 direct labor hours)

actual hours 4,000

difference  $(1.00)

rate variance  $(4,000.00)

(standard\:hours-actual\:hours) \times standard \: rate = DL \: efficiency \: variance

std  hours 3900.00 (3,000 toys x 1.3 hours per toy)

actual hours 4000.00

std rate            $21.00

difference   -100.00

efficiency variance  $(2,100.00)

5 0
3 years ago
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