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gizmo_the_mogwai [7]
3 years ago
13

Marginal tax rate is of greater significance in measuring the tax effect for​ Carmen's decision. The marginal tax rate is the pe

rcentage that is applied to an incremental amount of taxable income that is added to or subtracted from the tax base.
Business
1 answer:
Aleksandr [31]3 years ago
4 0

Answer:

True

Explanation:

The marginal tax rate is defined as the tax rate (in percentage) that is applied to an increase in taxable income. Through the marginal tax rate, a taxpayer can measure the effect of any increase in total taxable income or the effects of any deductions taken.

For example, your current marginal tax rate is 24%, that means that out any additional $100 that your earn, you will be taxed $24. This also applies to deductions, if you donate $100 to a qualifying charity, your taxes will lower by $24.

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ABC Company sold the rights to use one of their patented processes that will result in them receiving cash payments of $10,000 a
BigorU [14]

Answer:

$77,217

$11,289

Explanation:

Fist we will calculate the present value of $10,000 payment

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity. The value of the annuity is also determined by the present value of annuity payment.

Formula for Present value of annuity is as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

Where

P = Annual payment = $10,000

r = rate of return = 10% / 2  = 5%

n = number of period = 5 years x 2 semiannual payments per year = 10 payments

PV of annuity = $10,000 x [ ( 1- ( 1+ 0.05 )^-10 ) / 0.05 ]

PV of Annuity = $77,217

Now we will use the discounting method to calculate the present value of lump sum payment of $20,000

Present value = Future value x Present value factor

PV = FV x ( 1 + r )^-n

PV = $20,000 x ( 1 + 0.1 )^-6

PV = $11,289

6 0
3 years ago
C. this year casey made a gift worth $16.8 million to stephanie. casey is married to helen in a common-law state, and the 2010 g
Dmitry_Shevchenko [17]

Casey and Helen both give and receive gifts that can be taxed, so according to their common-law state, they would have to find out which of the gifts are taxable.

<h3>What is Gift Tax?</h3>

This refers to the federal tax which is levied on a taxpayer who makes a gift of either money or property to someone and is between 18-40%.

Hence, it can be noted that gift taxes are made on any valuable property which is given to another person, regardless of whether the person considers it as a gift.

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.

Read more about gift tax here:

brainly.com/question/876942

6 0
2 years ago
Which of the following statements is true?
marissa [1.9K]

Answer: B) A)

Explanation:

  •   This kind of method, direct write-off method is referring to your question and it is considering a method that is used for recognizing bad debts expenses that are coming from credit sales of someone's account. With this method there is no account that is considering allowance and receivable that is found on someones's account is written-off directly to expense when there is uncollectible account expense.
  •   One of the greatest advantages is simplicity because those companies who are doing this method have to make only two transactions.

5 0
3 years ago
Read 2 more answers
At the onset of the recent economic slowdown, prices at the grocery stores continued to rise. in some cases, products such as mi
zhuklara [117]
<span>The economy was slowing, but prices were rising, signifying the potential for  stagflation.
</span>Stagflation is term used in economics to denote economic situation characterized with  high unemployment, rising prices, economic growth. This situation occurs when the overall price level rises rapidly. In our case, <span>"the price of eggs was up 40% and milk was up 26%., which means that the prices raised rapidly.</span>
5 0
3 years ago
Which of the following illustrates one of the steps in the self-fulfilling prophecy process when a supervisor forms a high?a. An
tino4ka555 [31]

Answer: The correct answer is "c. A supervisor forms certain expectations of the employee.".

Explanation: The statement "A supervisor forms certain expectations of the employee." illustrates one of the steps in the self-fulfilling prophecy proccess because the beginning of the prophecy is when the supervisor generates expectations about how the future employee will work, these are often inaccurate because they are carried out with limited information.

7 0
3 years ago
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