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spin [16.1K]
3 years ago
10

You and spouse are filing a joint return. Your current deductions have reduced your taxable income to​ $88,990, bringing you int

o the 25 percent tax bracket. The first dollars you earned will be taxed at the​ ________ tax bracket.
Business
2 answers:
Strike441 [17]3 years ago
5 0

Answer:

10%

Explanation:

The current tax brackets (2019 taxes due April 2020) for married filing together are:

Tax rate  Married filing jointly

10%          $0 – $19,400

12%          $19,401 – $78,950

22%          $78,951 – $168,400

24%          $168,401 – $321,450

It doesn't matter if your income is $500 million, $100,000 or $20,000, the first dollars that you earn always fall into the first bracket (10%). Tax brackets are progressive, this means that they increase as your income increases, but everyone starts in the first one.

almond37 [142]3 years ago
3 0

Answer: Deductions

Explanation:

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Your task is to design a rectangular industrial warehouse consisting of three separate spaces of equal size. The wall materials
Nadya [2.5K]

Answer:

Explanation:

I think your question is missed of key information, allow me to add in and hope it will fit the original one. Please have a look at the attached photo.

Given:

  • Cost $71 per linear foot
  • Budge $34080 for those walls

Let X is the the length

Let Y is the width

From the photo, we can see that

(4X + 6Y)*71 = 34080

<=> (4X + 6Y) = 480

<=> Y = 80 -  \frac{2}{3}X

The are of the rectangular industrial warehouse:

A(X) = 3Y*X

<=> A(X) = 3(80 -  \frac{2}{3}X )X

<=>A(X) = (240-2X)X = 240X - 2X^{2}

So A'(X) = 240 - 4X

Let A'(X) = 0, we have:

240 - 4X = 0

<=> X = 60

=> Y =(80 -  \frac{2}{3}X ) = 80 -  \frac{2}{3}*60 = 40

So the dimension to maximize total area is: 60 in length and 40 in width

5 0
3 years ago
Burger Boy Restaurant Corporation allows its trademark to be used as part of a domain name for BurgerBoyNY, Inc., an unaffiliate
Yuri [45]

Answer:

A License

Explanation:

Burger Boy Restaurant Corporation allows its trademark to be used as part of a domain name for BurgerBoyNY, Inc., an unaffiliated company. Burger Boy NY does not obtain ownership rights in the mark. This is a license. When one firm gives its rights to another firm under this type of contract, the ownership rights always remains with the parent company and licensee can't have ownership rights, they can use only the name and products of that parent company to the customers, but ownership held with the parent company. For example, when KFC and McDonald's gives the right to make and sell their products all over the world, the ownership rights are always reserved with the parent company.

3 0
3 years ago
The capital gains (losses) netting process for taxpayers without 25 or 28 percent capital gains requires them to (1) net short-t
elena55 [62]

Answer:

False

Explanation:

Capital gains and losses netting will have no effect on tax payable. The individual impact on tax will be same as of netting the gains and losses. The net outcome of the tax will be remain un impacted.

8 0
3 years ago
Match the description with the business structure type. To match the
Sliva [168]

Answer:

See below

Explanation:

1. Sole proprietorship

A company with one owner, personal liability, and pass-through taxation.

The owner makes all decisions by themselves and keeps all the profits. Business income is also owner income. Likewise, business debts are the owner's debts.

2. LLC

A company with multiple owners, limited liability, and pass-through taxation. A minimum of one owner but no upper limit. Owners are referred to as members.

3. Corporation

A company with multiple owners, limited liability, and higher taxes.

It is regarded as a separate entity from its owners. A corporation is expected to file corporate tax returns.

4. Partnership

A company with multiple owners, personal liability, and pass-through taxation.  A partnership is formed when friends or entrepreneurs with similar interests combine efforts to start a business. They develop a partnership deed that guides their business operations.

6 0
3 years ago
The widespread use of mobile devices such as tablets has resulted in employees bringing their own devices into the workplace and
Marta_Voda [28]

The answer to this question is Bring Your Own Device or also known as (BYOT).

<span>Bring your own device is allowing employees or workers to bring their own gadgets like laptop, tablets, mobile phones (smart phones) in the work area to be used at work and connect to the company network, internet, and office applications while working. The benefits of this policy are that it can lower the cost of the company to purchase computers and it also can increase productivity of employees. </span>
7 0
3 years ago
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