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
Alik [6]
2 years ago
12

Assume a firm increases its revenue by $100 while increasing its cost of goods sold by $85. How much additional tax will the fir

m owe if its marginal tax rate is 21%?
Business
2 answers:
natka813 [3]2 years ago
8 0

Answer:

Additional tax the firm will owe: $3.15

Explanation:

Marginal tax rate is calculated by following formula:

Marginal tax rate = Change in taxes paid/Change in income

Change in taxes paid = Marginal tax rate x Change in income

The firm increases its revenue by $100 while increasing its cost of goods sold by $85.

Change in income = $100 - $85 = $15

Additional tax the firm will owe = $15 x 21% = $3.15

Kitty [74]2 years ago
8 0

Answer:

$3.15

Explanation:

Marginal income is the difference between the marginal revenue and the marginal cost.

Marginal revenue = $100

Marginal cost = $85

Marginal taxable income = $100 - $85

=$15

If the marginal tax rate is 21%, additional tax owed

= 21% × $15

=$3.15

The marginal tax owed as a result of the increase in revenue and cost is $3.15.

You might be interested in
Explain how specific alternative work arrangements can motivate employees.
Andrew [12]
Employee involvement programs can increase job satisfaction, employee morale and commitment to the organization, as well as increase productivity, reduce turnover and absenteeism and enhance the quality of products and services. Efforts to involve employees in meaningful ways include: Self-managed work teams
6 0
3 years ago
Clint Hill, CEO of Oregano Systems, a software engineering company, holds internal contests on the company intranet to get his e
kodGreya [7K]

Answer:

C) Bottom-up approach

Explanation:

The bottom-up approach refers to a management style where employee feedback is very valuable. Employees are generally invited to participate in the decision making or goal setting processes. The communication flows from the bottom of the organization to upper management levels.

In this case Hill, organizes an internal contest in order to get new business ideas.

8 0
3 years ago
Transactional leadership ______.
borishaifa [10]

Answer:

Letter c is correct. <em><u>Is found in the bulk of leadership models.</u></em>

Explanation:

The transactional leadership style is characterized by organization, supervision and performance. It is a common leadership model in most leadership models because it is based on goal achievement.

The leader behaves like a boss, requires compliance with organizational standards, and analyzes the performance of each employee to determine the matching reward. Transactional leadership is compared to the principles of Scientific Management, there are no concerns of the manager with motivational factors that influence the team, but with the fulfillment of demands and optimal organizational flow.

Despite being a less flexible leadership model, the benefits of the model are gained through the performance reward system, which positively influences employee productivity.

6 0
3 years ago
Internet là một thị trường hiệu quả hay không hiệu quả về giá?
RideAnS [48]

Answer:

net là một thị trường hiệu quả hay không hiệu quả

Explanation:

4 0
3 years ago
The five-dollar Burger Joint gift card that your friend gave you for your birthday expires today. You can either use the gift ca
Radda [10]

Answer:

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

We know that if a person stay at home and eat delicious home-cooked then he must use some ingredients to cook food.

Therefore, the opportunity cost of eating the home-cooked meal is five-dollar Burger Joint gift card and the value of ingredients that are use in the home-cooked food.

4 0
2 years ago
Other questions:
  • A corporation has 12,000 shares of $20 par stock outstanding that has a current market value of $150. If the corporation issues
    11·1 answer
  • To record a​ 6% stock​ dividend, accountants use​ ________. To record a​ 55% stock​ dividend, accountants use​ ________. A. par
    11·2 answers
  • Thomson Trucking has $12 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 18%, and its return
    9·1 answer
  • Assume you can currently exchange one U.S. dollar for one hundred Japanese yen. Also assume the inflation rate will be 2.5 perce
    14·1 answer
  • ompanies that succeed in a turbulent world are those in which managers are evaluated and rewarded for paying attention to both c
    14·1 answer
  • Tungsten, Inc. manufactures both normal and premium tube lights. The company allocates manufacturing overhead using a single pla
    9·1 answer
  • Denzel Brooks opened a Web consulting business called Venture Consultants and completes the following transactions in March Marc
    6·1 answer
  • PART A. MULTIPLE CHOICE - 15 MARKS
    12·1 answer
  • Please help me I need this point
    7·1 answer
  • In operant conditioning, __________________ decreases a behavior by taking something desirable away.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!