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mote1985 [20]
3 years ago
10

If your salary is $42,500 and your federal income taxes are 10% of your salary, how much money will you owe this year in federal

taxes? Assume you have no deductio
Business
1 answer:
SIZIF [17.4K]3 years ago
5 0
Income                   $42,500
Less:
Deductions           <u>           0</u>
Taxable Income    $42,500
Tax rate                  <u> x        10%</u>
Tax payable             $4,250

Bear in mind that since the problem is silent, I have assumed that deductions based on marital status, exemptions, PERS or TIAA/CREF retirement contributions are all equivalent to zero (0).


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As a result of cash flow shortages, Washington Department Stores has fallen behind in payments to suppliers. Some suppliers are
xenn [34]

Answer:

The correct answer is letter "D": short-term financing.

Explanation:

Short-term financing allows companies to obtain capital for their <em>day-to-day operations</em>. The funds obtained are typically used for the transactions companies require during one period -one year, but the term for payment tends to be within six (6) to twenty-four (24) months. Under this scenario, the main purpose of firms is to keep their businesses up and running and obtain profits enough for the payment of the loan and reinvestment in the company.

7 0
3 years ago
Boards Inc. fabricates skateboards that the company sells for $ 37.50 each. Fixed costs for the last 12 months equaled $4,800. F
Sveta_85 [38]

Answer:

Check the explanation

Explanation:

1. What would the fixed costs and unit variable costs be under the proposal. Use the unit variable cost and sales price to calculate the unit contribution margin:

     Fixed cost            Variable cost per unit  Contribution Margin per unit

                                                                                   (sales price – VC)

4800+4320 = 9120     22.50-8.50 = 14.00          37.50-14 = 23.50

 

2) Break even = 9120/23.50 = 388 Units

So the breakeven under the new proposal is 388 Units.

6 0
3 years ago
A baseball team plays in a stadium that holds 58,000 spectators. With ticket prices at $10, the average attendance had been 27,0
bixtya [17]

Answer:P(x) = -3000\times(x) + 57000

Explanation:

Let the demand function be given by p(x)  

Let P(x) be the demand for the match at price x

P(x) = a\times(x) + b

27000 = a\times(10) + b

33000 = a\times(8) + b

Solving we get a = -3000 and b = 57000

Thus P(x) = -3000\times(x) + 57000

5 0
3 years ago
Read 2 more answers
The standardization strategy uses __ marketing activities across national boundaries whereas the adaptation strategy uses a ____
nadezda [96]

Answer:

The correct answer is letter "C": similar; differentiated strategy.

Explanation:

The advertisement of a product can be shaped according to the region where the good or service will be offered whereas, in some other cases, changes in marketing can be minimal or null. In such scenarios, the standardization approach uses the same marketing method for every country where the company has a presence. This will only work if consumers worldwide have similar needs and preferences.

The differentiated strategy, instead, links customers' expectations, patterns, and cultures with the marketing processes of the firm. This approach aims to give a tailored good or service to different consumers and is mostly used.

8 0
3 years ago
If your salary is $42,500 and your federal income taxes are 10% of your salary, how much money will you owe this year in federal
SIZIF [17.4K]
Income                   $42,500
Less:
Deductions           <u>           0</u>
Taxable Income    $42,500
Tax rate                  <u> x        10%</u>
Tax payable             $4,250

Bear in mind that since the problem is silent, I have assumed that deductions based on marital status, exemptions, PERS or TIAA/CREF retirement contributions are all equivalent to zero (0).


5 0
3 years ago
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