State tax is 5%, so 0,05
0,05•4000=200$
Federal tax is 25% so 0,25
0,25•4000=1000$
Total of taxes to pay =1000+200=1200$
So the real profit will be
4000-1200=3800$
The real value of Annie's profit is 3800$
Answer:
The best evaluation for Kenton's research is C) Poor; he has only researched the monetary costs of the career.
Explanation:
Besides monetary costs to him (which was not all that comprehensive as it didn't include training tools, books, etc) there are also non-monetary costs such as time, hard work, and all the other things he must forego while he is focused on becoming a make-up artist.
The career also comes with its perks and advantages. Kenton's work would have been comprehensive if he researched the benefits as well as the risks, and regulatory requirements where there are any.
Cheers
The simple answer is competition. While Southern Brewers was the only supplier in the market, they had monopoly over that industry which is why they could afford to give high prices. When other suppliers came with lower prices, they can't keep their high prices anymore because people can now save money with other suppliers.
This is because the lowest is the most efficient amout to make. As we increase number the extra costs of making those items will also increase.