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
ololo11 [35]
3 years ago
13

A single person making $20,000 would pay ________ per cent on $7,550 and 15% on the remainder..

Business
1 answer:
V125BC [204]3 years ago
8 0

Answer:

10 per cent.

Explanation:

$7,550 falls under 10% in the marginal tax rate for a single person.

The remainder is $20,000 - $7,550

= $12,450.

That falls under 15%.

Therefore a single person making $20,000 will pay 10% for $7,550.

You might be interested in
A business has the following items: - Land $1,500,000 - Machinery $30,000 - Cash $10,000 - Loan $500,000 - Owner’s equity? _____
vodomira [7]

Answer:

The owner's equity amounts to $1,040,000

Explanation:

The formula to compute the owner's equity is as:

Owner's equity = Assets - Liabilities

Where

Assets = Land + Machinery + Cash

= $1,500,000 + $30,000 + $10,000

= $1,500,000 + $40,000

= $1,540,000

Liabilities = Loan

= $500,000

Putting the values above in the formula:

= $1,540,000 - $500,000

= $1,040,000

6 0
3 years ago
How do banks benefit of giving people loans
Kitty [74]

Answer: It all ties back to the fundamental way banks make money: Banks use depositors' money to make loans. The amount of interest the banks collect on the loans is greater than the amount of interest they pay to customers with savings accounts—and the difference is the banks' profit.

Explanation: Hopefully this helped!

5 0
3 years ago
Read 2 more answers
Preferred stock: 8 percent, par $10, authorized 20,000 shares. Common stock: par $1, authorized 50,000 shares. The following tra
Zolol [24]

Answer:

Required:

Prepare the stockholders’ equity section of the balance sheet at December 31.

Explanation:

check the file attached for the  balance sheet at December 31.

Download docx
7 0
3 years ago
The website healthingdiningfinder.com is a great resource for diners looking to make healthy eating decisions when dining out.
nika2105 [10]

That statement is true

Healthy dining finder is a website that could be used as a guide for its users to find healthier options for dining. In order to use its service, users just need to input their state address, ZIP or their city and the website would automatically provide results on the nearest location of restaurants that provide healthier eating option.

5 0
3 years ago
PLZZZZZ HEELLPP FASST
Nonamiya [84]
One of the main reasons that stocks do not reflect the health of the economy most of us experience is the rise of stock buybacks. Companies often push stocks higher, partly and arguably, to raise the value of the stock options of their management by buying them on the open market.

HOPE THIS HELPS
6 0
2 years ago
Other questions:
  • You buy 100 shares in a no-load mutual fund at its net asset value of $10. during the year, the mutual fund distributes $0.75 in
    7·1 answer
  • Wiskurv Inc. is a large electronics supplier that does not rely exclusively on traditional financial measures for organizational
    13·1 answer
  • The following tasks lie on the critical path of a project:
    9·1 answer
  • complete the sentences about english with your own ideas then compare your sentences пж мне нужно пускай не будет похожей на дру
    6·1 answer
  • The condominium at the beach that you want to buy costs $249,500. You plan to make a cash down payment of 20 percent and finance
    7·1 answer
  • Use the following balance sheet for the ABC National Bank in answering the next question(s). Assume the required reserve ratio i
    7·1 answer
  • What is a subcontractor
    5·1 answer
  • A manufacturing firm identified that it would have difficulty sourcing raw materials locally, so it decided to relocate its prod
    9·1 answer
  • Wasilko Corporation produces and sells one product The budgeted selling price per unit is $114. Budgeted unit sales for February
    6·1 answer
  • Jan's tees aims to create t-shirts from natural materials that are fully reusable and recyclable so that the firm uses zero reso
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!