Answer: C. She exercises freedom of economic choice.
Explanation:
Freedom of choice is when economic agents such as individuals, the firm's and the government can allocate the resources as they want and are free to make a choice they want.
Freedom of choice represents allows individuals make their own decisions. In this scenario, Gabrielle's economic decisions best relate to broad economic goals by exercising the freedom of economic choice.
32.12 % is Susie's average tax rate.
Calculations for the above answer
Tax rate Slabs Income Taxable at slab Income Taxable at next slabs Tax($)
10% $0 to $14200 14200 751800 1420
12% $14201 to $54200 40000 711800 4800
22% $54201n to $86350 32150 679650 7073
24% $86351 to $164900 78550 601100 18852
32% $164901 to $209400 44500 556600 14240
35% $29401 to $ 523600 314200 242400 109970
37% $523601 or more 242400 0 89688
Total Tax(A) 246043
Total Income(B) 796000
Average Tax rate {(a/b)x 100} 32.12 .
The simplest way to calculate your effective tax rate is to divide your income tax expense by your pre-tax profit (or income). Tax expense is usually the last item before the bottom line (net income) of the income statement.
This difference is due to the 12 months of inflation from September 2020 to August 2021 used to calculate the adjustment.
Learn more about Tax rates here: brainly.com/question/9437038
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Answer:
C. Sales promotion
Explanation:
Because you're giving good value and time and effort for doing it basically because that's being economical
Answer: $230,000
Explanation:
In our case,
Undiscounted future cash inflows from the sale of the product = $ 600,000 and
Carrying value of the asset = $ 720,000.
We can come to a conclusion that the benefit we get from the sale of the asset is less that carrying value.
Hence, the asset is said to be impaired.
Therefore,
Impairment Loss = Carrying value - Fair value of the asset
= 720,000 - 490,000
= $230,000.
