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just olya [345]
3 years ago
8

What is the average tax rate for a firm with taxable income of $118,740 in 2017? Taxable Income Tax Rate $ 0 - 50,000 15 % 50,00

1 - 75,000 25 75,001 - 100,000 34 100,001 - 335,000 39 Group of answer choices 34.87 percent 39.00 percent 24.89 percent 26.68 percent
Business
1 answer:
Harrizon [31]3 years ago
7 0

Answer:

24.89 percent

Explanation:

The first $50000 is taxed at 15%;

The next (75000 - 50000) = $25000 is taxed at 25% and so on.

then:

Total taxes

= (50000*0.15) + (25000*0.25) + (25000*0.34) +(18740*0.39)

= $29558.60

Then the average tax rate is given by:

=Total taxes/Taxable income

= $29558.60/$118740

= 24.89%

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McDonald's is an example of a ________ franchise. a. conversion formsb. trade namec. product distributiond. pure
Sergio039 [100]

Answer:

Pure Franchise

Explanation:

A Pure franchise can be defined as the way in which franchise made available all the necessary and important document which the franchisee will need such as the complete business format , trade name licence, the types of product or goods to be sold, the marketing strategy to use as welll as the type of method of operation to follow and use among others.

In addition PURE FRANCHISE may as well include the actual amount or cost for the start upstart, franchise fees as well as their growth history.

All this procedure are what the franchisor use to sells the complete business format as well as the system of their product to the franchisee in which the franchisee must adopt as well.

Therefore McDonald's is an example of a PURE franchise.

3 0
3 years ago
Read 2 more answers
A company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 27,100 uni
neonofarm [45]

Answer: 64.47%

Explanation:

Units produced in October = 17470

Units production in the most efficient way = 27,100

Therefore, the capacity utilization rate in October for the factory will be:

= Units produced in October / Units production in the most efficient way

= 17470 / 27100

= 0.6447

= 64.47%

The capacity utilization rate in October for this factory is 64.47%.

7 0
3 years ago
Comparative advantage is the ability to convince others of the best choices to make in their own self-interest. perform an activ
Ira Lisetskai [31]

Answer:

The correct answer is letter "B": perform an activity at a lower opportunity cost.

Explanation:

Comparative advantage is the ability of an individual, company, or country to produce a good or service at a lower opportunity cost than its competitor. Having a comparative advantage does not mean that one entity is absolutely better than another at producing a good or service. It means that it sacrifices less to do so.

3 0
3 years ago
Apple hosts a large number of forums, which become customers' primary source of product information after warranties expire and
ser-zykov [4K]

Answer:

D. online communities

Explanation:

-Social networks are sites where people can share information and communicate.

-Microblogs are a type of online blog that has short entries.

-Niche networks are networks that focus on a specific group of people.

-Online communities are groups of people that interact on the internet through forums, chat rooms to get information about specific topics.

According to this, these forums are an example of online communities.

4 0
4 years ago
Engineers for The All-Terrain Bike Company have determined that a 15% increase in all inputs will cause a 15% increase in output
Trava [24]

Answer:

the average cost to reduce

Explanation:

In this situation, when The All-terrain Bike Company increases input (capital and labor) and this causes a proportional increase in output, this scenario The All-terrain Bike Company experiences is called a constant returns to scale which gives rise to decreased average costs.

This happens because buying larger quantity of inputs gives rise to a reduced cost of purchase because these things are being bought in bulk.

7 0
3 years ago
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