1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Neko [114]
3 years ago
9

True/False

Business
2 answers:
VLD [36.1K]3 years ago
4 0

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.

Lina20 [59]3 years ago
4 0

Answer:

False.

Explanation:

Although people normally refers to tax bracket and the average tax as the same thing, it is wrong.

A tax rate is the percentage at which the government tax an individual or a cooperation. And the greater the income, the more the government increases the tax rate.

Tax bracket is a way the government categorize income tax rates and each tax bracket has different tax rate.

For instance, between $0 - $10 000 tax bracket can have 10% tax rate and $10 001 - & $20 000 tax bracket can have 12% tax rate, and so on. Then you can now multiply your income with your tax rate to the tax owed.

You might be interested in
Anna's landlord of her business property in tempe, arizona notifies her that when the next lease period begins, her rent will in
Drupady [299]

I guess the correct answers are:

  • Arizona Revised Statutes
  • her rental contract
  • rent control ordinance

Therefore, all of the above.

3 0
3 years ago
As the aggregate price level rises, aggregate demand ____________ resulting in a __________ to total output, or the real GDP. A.
Aleksandr [31]
<span>I believe the answer is D. Falls/decrease
Increase in aggregate price tend to discourage consumers to go out and make a purchase, which will lead to the fall of aggregate demand.
This will create an abundance of that product in the market, and the market will decrease the total output as a response.</span>
7 0
4 years ago
Read 2 more answers
Common shareholders have a claim on the company's assets:
solniwko [45]

Answer:

The correct option is B,common shareholders have a claim on the company's assets only after the claims of debt-holders and preferred shareholders have been satisfied.

Explanation:

The debt-holders have priority over preferred shareholders and common shareholders in laying claims to the assets of the company.This accounts for the reason why payment of interest on their loans is accorded highest priority.

The preferred shareholders have priority on company assets over the common shareholders in the event of company going bankrupt.

The common shareholders are at the bottom-line in terms of claims t assets upon liquidation,however they share in excess gains from liquidation as they are the original owners of the company entitled to higher risks and rewards.

4 0
3 years ago
If a customer buys back an option which was previously written, the transaction is referred to as a(n):(A)Opening purchase(B)Ope
Fynjy0 [20]

Answer:

The correct answer is letter "D": Closing purchase.

Explanation:

Traders buy back an asset that was previously purchased to close that position. In such cases, traders have a short position of the asset, which implies they are expecting the price of the asset to go down to make a profit. When talking about options, the option buyback allows the trader to exit the position closing the purchase.

6 0
3 years ago
The format displayed is used by Gee, Inc., for its Year 4 statement of changes in equity. When both the 100% and the 5% stock di
Nutka1998 [239]

Answer:

If company issued stock dividend then

company's retained earnings will decrease by stock dividend's market value and company's additional paid in capital will increase.

in this question 5% stock dividend declared

answer is

Additional paid in capital Retained earnings

c Increase                             Decrease

3 0
4 years ago
Read 2 more answers
Other questions:
  • A customer has contacted you and expressed anger about the service provided by your company. During the call, you discover that
    10·1 answer
  • The process of developing the operating budget begins with the Answer
    11·1 answer
  • On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:
    9·1 answer
  • Sealed Bidding is appropriate when discussion/negotiations are required to determine price and delivery terms?
    6·1 answer
  • The percentage of sales approach separates accounts on the pro forma income statement and balance sheet into those that change d
    10·1 answer
  • Which of the following best characterizes the factors involved in a cost-benefit analysis?
    10·1 answer
  • The Texas Department of Education has offices throughout the state covering more than 268,000 square miles. State
    15·1 answer
  • Policy makers have been trying to diminish the gender gap in pay for several decades. Let's begin by determining the gender gap
    14·1 answer
  • Firms that use ________ rely on computer systems to perform tasks such as speech recognition, decision making, or translations.
    10·1 answer
  • Because scarcity exists, any strategy for allocating scarce resources must address.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!