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notka56 [123]
3 years ago
8

A certain country taxes the first $20,000 of an individual's income at a rate of 15%, and all income over $20,000 is taxed at 20

%. find a piecewise-defined function t that specifies the total tax on an income of x dollars.
Business
1 answer:
bekas [8.4K]3 years ago
3 0
Q: A certain country taxes the first $20,000 of an individual'sincome at a rate of 15%, and all income over 20,000 is to be taxesat 20%. Find a piecewise-defined function T that specifies thetotal tax on an income of x dollars.
A: T(x) = {.15x if 0 {.20x- 1000 if x>20,000
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QS 12-15 Computing financing cash flows LO P3 The following information is from Princeton Company’s comparative balance sheets.
natulia [17]

Answer:

cash received from issuance234,000

cash used for dividends 24,000

Explanation:

Common stock           111,000    104,000

Paid -in excess of par 571,000 344,000

RE                                317,500   291,500

Common Stock   Paid-in Excess        RetainedEarnings         Cash

<u>Debit     Credit</u>   <u>Debit     Credit </u>     <u>Debit     Credit</u>    <u>Debit   Credit</u>

         104,000              344,000                291,500                7,000                                       227,000                              234,000

Balance111,000 Balance: 571,000              50,000

                                                       24,000                          24,000

                                                   Balance:  317,500

Beginning Earnings + Income - Dividends = Ending

Dividends= Beginning + Income - Ending

Dividends= 291,500 + 50,000 - 317,500 = 24,000

7 0
3 years ago
The organization of the federal reserve- the institution that controls our money supply - can be described in terms of a pyramid
Alexxandr [17]

Answer:

The organization of the Federal Reserve- the institution that controls our <u>money supply </u> - can be described in terms of a pyramid. At the top of the pyramid is the <u>Board of Governors</u>  . It is composed of seven members who are appointed by the<u> President </u> to serve 14-year terms of office. From those seven, the the head of the Federal Reserve System.

One step down in power is the <u>Federal Open Market Committee</u>  . Their job is to set <u>monetary policy</u>  in the United States, which means they influence the availability of money in the U.S. This portion of the hierarchy is made up of the <u>12 district banks</u>  in the United States. These are found all across the country in major cities.

There are also <u>“member banks”</u>  , which make up less than 40% in the U.S. And the last part of the Fed’s organization can be categorized as <u>“Other Depository Institutions.”</u>  , which include savings banks, savings and loans banks, credit unions. Of course, at the base of it all, is the <u>American people</u>  , who are all impacted by decisions of the Federal Reserve System.

7 0
3 years ago
Suppose a report on CNN says that there is an impending recession coming in the United States. As a result, Bert's family, as we
lisov135 [29]

Answer:

b) The economy is actually harmed as there is a sharp decease in consumer spending.

Explanation:

As a result of the news of a recession people will react by planning for a future that may be bleek financially.

Savings will increase, the greater the fear of recession the more people will save to cushion the impact of recession. There is the possibility of job slow down in economic activities and resultant job losses so extra cash that would have normally been spent will be saved for the rainy day

3 0
3 years ago
The application of multiple regression analysis to a data set yields an F statistic that is highly significant and t ratios that
dolphi86 [110]

Answer:

(B) multicollinearity is present.

Explanation:

Multicollinearity -

It is the process where , one of the predictor variable in the multiple regression model can be linearly predicted from the others with  the substantial degree of accuracy , is known as multicollinearity or  collinearity .

<u>In this case , the coefficient estimated of the multiple regression can change erratically for even a small change in the model .</u>

hence , from the question , the indication is of (B) multicollinearity is present .

6 0
3 years ago
Which of the following falls outside of the classification of business expenditures that fall into the category of variable cost
yuradex [85]

The option that falls outside of the classification of business expenditures that fall into the category of variable costs is option C. costs of research and development. Read below about costs of research and development.

<h3>What is a costs of research and development?</h3>

These are costs taken to develop new products or processes that may or may not result in commercially viable items. The general rule is that research and development costs are to be expensed immediately when the costs are incurred.

Therefore, the correct answer is as given above.

learn more about costs of research and development: brainly.com/question/18685415

#SPJ1

4 0
2 years ago
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