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zhuklara [117]
3 years ago
12

Miranda works 40 hours a week at a wage rate of ​$25. Thus, her total weekly income is ​$1000. On this​ income, she pays total t

axes of ​$80.00. ​However, she calculates that on the last hour that she​ works, she pays ​$3.75. Her average tax rate is 8%. What is her marginal tax rate?
Business
1 answer:
Vlad1618 [11]3 years ago
8 0

Answer:

15%

Explanation:

If Miranda works 40 hours a week at a wage rate of ​$25. and she ​however calculates that on the last hour that she​ works, she pays ​$3.75. then her marginal tax rate is derived as follows

<em>The marginal tax rate is the incremental tax paid on incremental income.</em>

From the scenario, we are given the following:

Weekly wage rate is $25.

Weekly tax pay is $3.75

Hence, Marginal tax rate  can be computed as = $3.75 / $25 = 15%

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In the Investment marketplace, Investors will likely accept a high-risk investment only if it promises
katrin2010 [14]

Answer: C. high returns

Explanation: Risk-return tradeoff is an investing theory which indicates that as higher the risk, the greater the return reward. In order to determine an acceptable risk-return tradeoff, investors need to weigh several aspects, including total risk exposure, the ability to substitute missing capital, and more.

6 0
3 years ago
You are planning a store on a large lot. Your budget only allows for 800 linear feet of walls. What is the maximum square
Galina-37 [17]

Answer:

The correct solution is "40,000 sq/ft".

Explanation:

The given value is:

Feet of walls

= 800 ft

Sides,

= 4

Now,

The square store will be:

= \frac{800}{4}

= 400 \ ft

The max footage of square will be:

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= 40,000 \ sq/ft

8 0
3 years ago
On January 1, Concord Corporation had 113000 shares of $10 par value common stock outstanding. On March 17 the company declared
Alik [6]

Answer and Explanation:

The Journal entry is shown below:-

March 17

Stock Dividend Dr, $84,750 (113,000 × 5% × $15)

     To Common Stock Dividend Distributable $56,500 (113000 × 5% × $10)

     To Paid in capital in excess of Par - Common Stock $28,250

(Being stock dividend is recorded)

Here we debited the stock dividend and we credited the Common Stock Dividend Distributable and Paid in capital in excess of Par - Common Stock

6 0
3 years ago
Lily operates a gift shop and has a lot of inventory to manage. She counts inventory once every 4 weeks. Preparing and placing o
soldi70 [24.7K]

Answer:

12 weeks

Explanation:

The computation of the needs period is shown below":

= Number of weeks inventory counts once + number of order cycles takes + number of the week taken for arrive

= 4 weeks + 2 weeks + 6 weeks

= 12 weeks

We simply added the total number of weeks that is mentioned in the question so that the needs period could be computed

4 0
3 years ago
Can anyone help me finish this <br>8.<br>9.<br>10.
sergij07 [2.7K]

8. Holder in due course

9. Alteration

10. Consumer transaction


8 0
3 years ago
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