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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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The Sisyphean Company is considering a new project that will have an annual depreciation expense of $3.6 million. If Sisyphean's
castortr0y [4]

Answer:

$1,260,000

Explanation:

Given that,

Annual depreciation expense = $3.6 million

Marginal corporate tax rate = 35%

Average corporate tax rate = 30%

The reason to use marginal tax shield is that the firm would save additional amount it would have paid in taxes.

Value of the depreciation tax shield:

= Marginal corporate tax rate × Annual depreciation expense

= 35% × $3,600,000

= $1,260,000

Therefore, the value of the depreciation tax shield on the company's new project is $1,260,000.

3 0
3 years ago
In each diary kept by the owner/engineer's or contractor's personnel, entries should be made: A. to document every working day,
Sav [38]

According to the construction management principle, in each diary kept by the owner/engineer's or contractor's personnel, entries should be made "<u>to document every working day, whether any work is performed or not, or even if you did not go to the project site that day."</u>

<h3>Purpose of Site Diary in Construction Management</h3>

A Site Diary in Construction management is a record book written to document the daily activity of the construction site.

A well-written site dairy is expected to show all the delivered or missing services and materials during the construction projects.

Hence, in this case, it is concluded that the correct answer is option A.

Learn more about Site Diary here: brainly.com/question/1171958

4 0
2 years ago
On January 1, Skills Company purchased as a short-term investment a $1,000, 6% bondfor $1,000. The bond pays interest on January
Arturiano [62]

Answer:

Option (B) is correct.

Explanation:

Interest accrued for 6 months (January 1 to July 1):

= $1,000 × 6% × (6 ÷ 12)

= $30

This shall be credited to interest revenue as this is the income of the investor.

Sale value of investment:

= Bond selling price on July 1 + Interest accrued for 6 months

= $1,200 + $30

= $1,230

Gain on sale of investment:

= (Selling price - Purchase price) - Accrued interest

= ($1,230 - $1,000) - $30

= $200

Therefore, the Journal entry for this transaction is as follows:

Cash A/c                 Dr. $1,230

To debt investments                  $1,000

To Gain on sale of investment  $200

To Interest revenue                   $30

(To record the cash proceeds at the time the bond is sold)

7 0
3 years ago
Where do you get your information about the world from? Do you think you are getting a complete picture of the world and social
zaharov [31]
Internet more specifically Google. Yes to some extent because what you find on the internet you will not find if you watch the news. The more information you want the more you will need to look at the other resources.
3 0
3 years ago
Despite the usefulness of a large brain in a cultural environment, the size of the human brain has not significantly increased f
Yuri [45]

Answer:

cultural brain hypothesis

please give brainliest

6 0
2 years ago
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