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
-BARSIC- [3]
2 years ago
6

Daniel has a marginal tax rate of 22​% and itemizes his deductions. He suddenly realizes that he neglected to include a ​$1 comm

a 280.00 tax deduction. How will this oversight affect his​ taxes?
Business
1 answer:
Arturiano [62]2 years ago
3 0

Marginal tax rate in relation to this question is:

The percentage of tax applied to Daniel's income for each tax bracket in which Daniel qualify. Thus, the marginal tax rate is the percentage taken from Daniel's next dollar of taxable income above a predefined income threshold.

Therefore, since Daniel neglected to include a $1,280.00 tax deduction, this will decrease Daniel's taxes by:

$1,280.00 × 0.22 = $281.60

Answer:

Decreases taxes by $281.60

You might be interested in
After developing a computer locking system, Caffrey Computer Corp. worked out a licensing deal with Chicago Desktop (a potential
Vika [28.1K]

Answer:

<u>A Strategic Alliance</u>

Explanation:

A Strategic Alliance refers to a combined effort or activities of two firms so as to strengthen their market position and yet at the same time maintain their individual separate corporate existence.

It represents a mutually beneficial agreement between two corporate firms under which, terms are less binding and stringent than a joint venture.

The purpose behind such an alliance could be, expansion, product line improvement or together gain a competitive advantage.

Such an alliance helps both businesses achieve a common goal driven by mutual assistance and pooling of resources.

In the given case, the tie up between Caffery computer corp. and Chicago desktop to sell computer locking systems alongside computers, would be termed a strategic alliance, since such an arrangement would benefit both, reduce competition for each with collective gain w.r.t market share.

3 0
3 years ago
Partners Gary and Elaine have agreed to share profits and 1osses in an 80:20 ratio respectively, after Gary is allowed a salary
Verizon [17]

Answer:

E) None of the above

Explanation:

In partnership, the partners earn profit. The salary allowances are considered as though paid to a third party and are considered before arriving at the net income.

As such, given that net income is $30,000 and is to be shared in the ratio 80:20 between Gary and Elaine respectively.

Elaine's share = (20/100) × $30,000

                        = $6,000

5 0
3 years ago
In a firm's external environment, _____ primarily capture population characteristics related to age, gender, family size, ethnic
Tpy6a [65]

Answer:

demographic trends

Explanation:

Demographic trends cover statistics such as age, gender, religion and socioeconomic class.

I hope my answer helps you

4 0
3 years ago
The last department in a production process shows the following information at the end of the period: Units Beginning Work in Pr
Drupady [299]

Answer:

goojnb

Explanation:

fbbkkknb. ..kkjbbvfffdbh<em><u>v</u></em><em><u>b</u></em><em><u>b</u></em><em><u>n</u></em><em><u>n</u></em><em><u>m</u></em><em><u>m</u></em><em><u>j</u></em><em><u>j</u></em><em><u>h</u></em><em><u>b</u></em><em><u>b</u></em><em><u>b</u></em><em><u>h</u></em><em><u>h</u></em><em><u>h</u></em><em><u>h</u></em><em><u>h</u></em><em><u>h</u></em><em><u>h</u></em><em><u>v</u></em><em><u>v</u></em><em><u>b</u></em><em><u>n</u></em><em><u>m</u></em><em><u>m</u></em>

8 0
3 years ago
Question in picture.
jonny [76]
I believe it’s 4 since you have to go to class and introduce yourself to the teachers so he/she will know you better and know how they can help you and when going to their office hours they can help you with anything that you are having trouble with.
5 0
3 years ago
Other questions:
  • Nature's Garden, a new restaurant situated on a busy highway in Pomona, California, specializes in a chef's salad selling for $7
    9·1 answer
  • The system requirement where all transactions must have audit trails would fall under which system requirement category? input p
    10·1 answer
  • As you’ve seen, you can adjust your confidence level on each question using the Question Confidence slider. What happens when yo
    15·1 answer
  • Why do pre-construction and design specialists typically take an interdisciplinary approach to their work?
    15·1 answer
  • Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2
    7·1 answer
  • The civil service system was created to put an end to which of the following?
    7·1 answer
  • MV Corporation has debt with market value of $ 102 ​million, common equity with a book value of $ 99 ​million, and preferred sto
    13·1 answer
  • If you are an equity investor how do you make money from your investment?
    15·1 answer
  • Freee brainliestjfjbfjhdbj
    11·2 answers
  • Create an oral presentation about yourself that will provide your interviewee with an accurate picture of your skills and prepar
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!