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Vedmedyk [2.9K]
3 years ago
10

Given the following tax structure, what minimum tax would need to be assessed on Shameika to make the tax progressive with respe

ct to effective tax rates? (Round your final answer to the nearest whole dollar amount.)
Taxpayer Salary Muni-Bond Interest Total Tax
Mihwah $ 10,000 $ 10,000 $ 600
Shameika $ 50,000 $ 30,000 ???
Business
1 answer:
Arlecino [84]3 years ago
6 0
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Explanation:

3 0
3 years ago
Present and Future Values for Different Periods:
DiKsa [7]

Answer:

1. $636

2. $674.16

3. $566.04

4. $534

Explanation:

PV = FV ÷ (1 + r/n)^(t × n)........(1)

PV = present value

FV = Future value

r = rate per period

t = number of years

n = number of compounded period per year

FV = P(1 + r/n)^(t×n)...............(2)

FV = Future value

P = principal

r = rate per period

n = number compounded period per year

t = number of year

NO 1.

P= $600

t = 1

n = 1

r = 6% = 0.06

Using equation 2

FV = 600(1 + 0.06/1)^(1 × 1) = $636

NO 2

P = $600

n = 1

t = 2

r = 0.06

Using equation 2

FV = 600(1 + 0.06/1)^(2 × 1) = $674.16

NO 3.

FV = $600

r = 0.06

t = 1

n = 1

Using equation 1

PV = 600 ÷ (1 + 0.06/1)^(1 × 1) = $566.04

NO 4.

FV = $600

r = 0.06

n = 1

t = 2

Using equation 1

PV = 600 ÷ (1 + 0.06/1)^(2 × 1) = $534

8 0
4 years ago
Poorly timed discretionary macroeconomic policy can do more harm than good. getting the timing right with fiscal policy is gener
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Poorly timed discretionary macroeconomic policy can do more harm than good. getting the timing right with fiscal policy is generally <u>more difficult than with monetary policy</u>.

The macroeconomic policy aims to provide stable financial surrounding that is conducive to fostering robust and sustainable financial growth. the key pillars of macroeconomic coverage are economic policy, financial coverage, and change charge coverage. Macroeconomic policy is concerned with the operation of the economic system as an entire.

The 3 essential forms of government macroeconomic policy are economic policy, economic coverage, and supply-facet regulations. different government guidelines along with business, opposition, and environmental regulations. Rate controls, exercised by the government, additionally have an effect on private region manufacturers.

The microeconomic policy is a motion taken via the government to improve resource allocation among companies and industries if you want to maximize output from scarce assets. Macroeconomic coverage is crucial to the authorities' long-time coverage of reducing constraints on growth inclusive of inflation even as improving LT increases.

Learn  more about macroeconomic policy here brainly.com/question/3405421

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8 0
2 years ago
Hershey has traditionally made its Kisses from solid milk chocolate. When Hershey came out with Kisses with almonds in them, thi
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Answer:

Continuous Innovation.

Explanation:

This is simply known go be continuous improvement which explained as development to produce a positive result over time.

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Continuous innovation seeks not to just fulfill expectations but also create products and services that provide only imagined functions or even entirely unexpected revolutionary changes.

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3 years ago
According to O*NET, what are common skills needed by Hotel, Motel, and Resort Desk Clerks? Check all that apply.
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i would think every one of them expect for 1 and 4.. Because 4 is just something we all learn

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3 years ago
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