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4 years ago

What is taxable income?

1 answer:

6 0

Taxable income is the income (revenue) given on tax. It is payable, in other words, it is the tax paid for being paid.

Example:

You get $40
You need to pay 5% to tax

5% of 40
.05*40 = 2

2 is the tax, so,
40 - 2 = 38

Your revenue is 38 now, and taxable income is 2

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Employees covered by the overtime provisions of the Fair Labor Standards Act are labeled a. nonexempt employees. b. salaried wor

Whitepunk [10]

Employees covered by the overtime provisions of the Fair Labor Standards Act are labelled as nonexempt employees.

Non-exempt employees are covered by statutory laws and are required to be paid the minimum wage in accordance with the legislation. The requirement of 40 hours of work each week should be used to compute these benefits on an hourly basis. Most of the jobs in this category are probably not management ones.

Non-exempt employees are not exempt from overtime pay and must be paid 1.5 times their regular hourly rate when working overtime. Non-exempt employees often earn less than this amount, but not always as state-specific criteria can vary.

Learn more about non-exempt employees here:

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2 years ago

Regulatory policy requires a balance between protecting safety and.

Montano1993 [528]

Regulatory policy requires a balance between protecting safety and
protecting constitutional rights.

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2 years ago

A. If Canace Company, with a break-even point at $259,000 of sales, has actual sales of $350,000, what is the margin of safety e

shepuryov [24]

Answer:

Margin of safety in dollars is $91,000

Margin of safety as percentage of sales is 26%

Explanation:

Margin of safety can be defined as the amount of output or sales that a business can make before it reaches its breakeven point.

To calculate margin of safety in dollars

Margin of safety= Sales - Breakeven sales

Margin of safety= 350,000- 259,000

Margin of safety= $91,000

To calculate margin of safety as a percentage of sales, we use the following formula.

Margin of safety = (Sales- Breakeven point) ÷ Sales

Margin of safety = (350,000- 259,000)÷ 350,000

Margin of safety= 0.26= 26%

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3 years ago

Read 2 more answers

g Marginal revenue product measures the rev: 06_21_2018 Multiple Choice amount by which the extra production of one more worker

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Answer: The correct answer is the first statement.

Explanation: Marginal revenue product measures the amount by wich the extra production of one more worker increases a firm's total revenue.

<u>It is an economic term used to describe the change in total income that results from a unit change of one type of input variable. There are many types of input variables that you can change, such as adding an employee or a new machine.</u>

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4 years ago

Do you use miracle whip?evaluate its impact and explain whether you believe the campaign was a good idea.defend your answer.

sergeinik [125]

No I do not use miracle whip for the reason it does have a gross taste and if left out for a little bit it gets very gross very easily

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3 years ago