The individual proprietor. A sole proprietorship is a pass-through entity, which means that all of the revenue and deductions are claimed by the individual who registers as a the sole proprietor. Therefore, this individual pays the taxes on such revenue gains and deducts any losses.
Answer:
$80
Explanation:
Maximum wage is the maximum amount of money that a firm can pay its worker based on what the worker can produce and generate as revenue to the firm.
Given that the worker can produce 20 units of output which can be sold for $4 per unit, The maximum wage that the firm can pay the worker = output × price per unit output.
Maximum wage the firm can pay the worker = 20 units × $4 per unit = $80
Answer:
$4,000
Explanation:
First, you have to determine the 80% of $250,000:
$250,000*0.8= $200,000
Then, you can use the rule of three to determine the annual tax:
$2→$100
x ← $200,000
x=(200,000*2)/100=$4,000
According to this, the answer is that if the tax rate is $2.00 per $100, the annual tax is $4,000.
Investment bankers perform all of the following functions except manage mutual funds.
<h3>Who is an investment banker?</h3>
Investment bankers underwrite securities on a firm commitment (principal) basis; and on a best efforts (agency) basis.
Investment banks also advise companies on mergers, acquisitions, divestitures and spin-offs.
Hence, Investment bankers perform all of the following functions except manage mutual funds.
Learn more about investment banker here : brainly.com/question/12301548
#SPJ1
