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3 years ago

The amount you owe in state income tax is based on what?

2 answers:

6 0

The amount you owe in state income tax is based on your income level. The government determines what income levels are taxed at. Some states are not subject to state tax and others are, each are based on their own individual states.

Vilka [71]3 years ago

6 0

The answer is: yearly earnings

From your yearly earnings, you would be placed on a specific income bracket. Each bracket has to pay the taxes based on different interest rates. (higher earning would means that you have to pay higher tax).

In united states, those income brackets are:

- 10% tax rate for those who earn between $0 to $9,275

- 15% tax rate for those who earn between $9,276 to $37,650

- 25% tax rate for those who earn between$37,650 to $91,150

- 28% tax rate for those who earn between $91,150 to $190,150

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John's job provided the main income for his family. He died unexpectedly and had no life insurance. The probable financial conse

Leto [7]

Answer:

An increase in income and expenses

Explanation:

When the main provider of a family dies and he/she doesn't have any type of life insurance, then the whole family's economy will suffer. Their total income will probably plummet. Besides losing John's income, his family must all the expenses related to his death, e.g. burial. As a terrible consequence, John's family will see their standard of living decrease.

8 0

3 years ago

After you open your new business is not the best time to

Reptile [31]

After you open your new business is not the best time to conduct research on your product.
During this time, it's best for you to allocate your resources to make improvement to your products and build a loyal consumer base

hope this helps

7 0

3 years ago

Read 2 more answers

As a member of UA Corporation's financial staff, you must estimate the Year 1 cash flow for a proposed project with the followin

Airida [17]

Answer:

Option (C) is correct.

Explanation:

EBIT = Sales revenues - Depreciation - Other operating costs

= $39,500 - $10,000 - $17,000

= $12,500

EBT/PBT = EBIT - Interest expense

= $12,500 - $4,000

= $8,500

PAT = EBT - Tax rate

= $8,500 - 35% of $8,500

= $8,500 - $2,975

= $5,525

CFAT = PAT + Depreciation

= $5,525 + $10,000

= $15,525

Therefore, the Year 1 cash flow is $15,525.

8 0

4 years ago

"what are the major factors customers use when selecting a restaurant to dine" at, and what is the relative importance of each o

schepotkina [342]

Abstract

This study investigates the critical dimension of factors driving restaurant choice among 277 consumers, predominantly residents of the Southeastern United States. The food provided (quality, taste) was central to respondents' decision to favor one restaurant over another, though prior positive experience, a clean production/service environment, and hospitable service are additional factors that most strongly influenced restaurant choice.

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4 years ago

A put option on a stock with a current price of $47 has an exercise price of $49. The price of the corresponding call option is

Sedbober [7]

Answer:

The answer is 5.559539 or 5.56.

Explanation:

From the given question let us recall the following statements

The current price of A put option on a stock = $47

With an exercise price of $49

Annual risk-free rate of annual interest is = 5%

The corresponding price call option is = $4.3

The next step is to find the put value

Now,

The Call price + Strike/(1+risk free interest) The Time to maturity =

Spot + Put price

Thus

The,Put price = Call price - Spot + Strike/(1+risk free interest)Time to maturity

When we Substitute the values, we get,

Put price = (4.35 - 47) + 49/1.05 4/12

Therefore, The Put Price = 5.559539 or 5.56

4 0

4 years ago

Read 2 more answers