Answer:
False.
Explanation:
A tax bracket is the tax rate applied to specific ranges of income.
For example, a 20% tax rate is applied to income between $500,000 - $700,000.
A tax rate of 23% is applied to income between $800,000 - $1,000,000.
I hope my answer helps you.
Answer:
These costs should be reported on the income statement in the profit and loss section under selling and administrative expenses. Any liability arising from the employment benefits should be shown in the balance sheet under liabilities.
Explanation:
Answer: TWENTY FIVE (25)
Explanation: NFIB (National federation of independent businesses) is an association of small businesses with members spread across the United States of America . NFIB usually collects data concerning small businesses economic trends both monthly and quarterly, since the year 1973. Through the surveys they have been able to understand the trend of survival of small Businesses which they put at 25 Small Businesses in every 100 Small Businesses. NFIB arrives at conclusions through consensus agreement among its members.
Answer:
C: The flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing.
Explanation:
Production possibility curve shows various combinations of two different products that a firm can produce given a limited resources. The maximum that a firm can produce is represented along the curve. Area under the curve represents inefficient use of resources and area above the curve is out of reach because of limited resources.
Option C cannot be illustrated by PPF.
Answer:
Answer is option D, i.e. Forestalling.
Explanation:
Forestalling can be understood as an action that is taken into advance in order to prevent something from happening. Here, the action with the trimming machine is used as forestalling to prevent the workers from the danger of getting their hands getting caught in the machine.
