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sergiy2304 [10]
4 years ago
7

What is federal income tax of someone who makes 52,000 a year in 2020

Business
1 answer:
Allushta [10]4 years ago
3 0
The average tax rate is 21.47 % so that means. you would have to pay around $11,166, and you would be left with $40,834.

Hope this helped!
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Goldin Corporation currently pays its salesperson a flat salary of $5,000 per month and is considering paying him $20 per unit i
Naddik [55]

Answer:

The net operating income will c. increase by $7,000

Explanation:

The formula to calculate net operating income  is =

Gross income - Operating expenses

If  Sales are equal to 200 units  and the payment for a salesperson is

a flat salary of $5,000

Gross income = 200  * $80 = $16,000

and

Operating expenses = $5,000

so

Net operating income = $16,000  - $5,000 = $11,000

If  we rise the Sales to 300 units then the payment for the salesperson will be 20$ * 300 = $6,000.

Gross income = 300  * $80 = $24,000

and

Operating expenses = $6,000

so

Net operating income = $24,000 - $6,000 = $18,000

$18,000 -  $11,000 = $7,000

6 0
4 years ago
If the price of coffee cups falls and the consumer decides to buy more coffee cups solely because they are less expensive, this
Tatiana [17]
Consumer surplus effect
3 0
4 years ago
Week 5 Quiz - Saving (15pts) 1. If the interest rate on a savings account is 0.01%, approximately how much money do you need to
Mazyrski [523]
I will try my best to answer:

1. <span> c.$10,000
2. </span><span>a.Traditional Bank, Credit Union, Online Bank 
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4. False
5. </span><span>c. Invest for your retirement in an IRA </span>
7 0
3 years ago
Read 2 more answers
If a seller expects the price of a good to rise in the future, the seller will
kondor19780726 [428]
The correct answer among all the other choices is C. store these goods until the price goes up. If a seller expects the price of a good to rise in the future, the seller will store these goods until the price goes up. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help. 
3 0
4 years ago
Read 2 more answers
If food you are reheating for hot holding doesn’t reach 165 degrees within 2 hours what must you do?
DochEvi [55]

If food one is reheating for hot holding doesn't reach 165 degrees within 2 hours; Immediately start the reheating process over again.

<h3>Reheating for hot holding;</h3>

Keeping hot foods ready to serve to the public is simply termed “hot holding”. Hot holding stops germs from growing when food is kept at hot temperatures. This is in line with public safety guidelines and lowers the risk that someone will get sick from eating food.

However, If food you are reheating for hot-holding doesn’t reach 165 degrees within 2 hours; Then, the reheating process is inadequate and one must immediately start the reheating process over again.

Read more on hot holding;

brainly.com/question/12883483

4 0
3 years ago
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