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
zimovet [89]
3 years ago
7

What amount of tax will be owed on an income of $63,280.00 if the city income tax rate is 1.5% of all income?

Business
1 answer:
kykrilka [37]3 years ago
4 0

I believe this may help with this question.


You might be interested in
Brian invests $11,500, at 6% interest, compounded semiannually for 2 years. Manually calculate the compound amount (in $) for hi
Katena32 [7]

Answer:

The important thing to remember here is that the interest is compounded semi annually, which means twice a year. When the 1st interest is compounded, the second interest is calculated on that new amount.

(11,500 + (11,500×6%)) = $ 12,190

(12,190 + (12190×6%)) = $ 12921.40

Explanation:

4 0
3 years ago
Which statement accurately describes the effect of the federal government rapidly reducing government expenditures?
olganol [36]
The statement which accurately describes the effect of the federal government rapidly reducing government expenditures is D.Unemployment rates will increase because federal spending makes up a large part of the economy. Since the goverment keeps up money for particular economic expenses, it means that the salaries will be decreased and the level of firing people wold decrease. Therefore, companies will not be able to offer a escent salary to their new empoyees which means that unemployment rate will grow.
4 0
3 years ago
Select the law that determines if the strategy is legal or illegal. 1. WCG agrees with its cell plan competitors to raise prices
Llana [10]

Answer:

The given laws for each are as follows:

Explanation:

1. WCG agrees with its cell plan competitors to raise prices for all customers - Sherman Antitrust Act

2. WCG colludes with another company to stop offering family plan discounts - Sherman Antitrust Act

3. WCG decides to advertise a new plan that is 75 percent off the regular plan, even though it is only 20 percent less - Wheeler-Lea Act

4. WCG promises retail consumers a "wholesale" rate, even though it is the same price as always - Wheeler-Lea Act

5. WCG wants to attract more women to its plans and starts offering female consumers 30 percent off their bill - Robinson-Patman Act

6. WCG offers a discount to teenage males in an effort to get customers from its more trendy competitor - Robinson-Patman Act

5 0
3 years ago
What will happen if the current asset price is greater than the present value of income? Question 2 options: Buyers will bid the
Inessa05 [86]

Answer:

The answer is:  Buyers will bid the asset's price down until it equals the present value of income.

Explanation:

As the current asset price is greater than the present value of income, it is overpriced.

So, seller is much willing to sell at this price, however, buyers does not want to buy asset at this price as they only want to purchase it at the price equals to the present value of its income.

So, Buyers will bid the asset's price down until it equals the present value of income which is the level they are willing to buy and also at which the seller is willing to sell also.

5 0
3 years ago
Cason is filing as single and has 2019 taxable income of $36,000 which includes $34,000 0%/ 15 % / 20% net long-term MID capital
AleksandrR [38]

Answer:

The correct answer of this question is b-200$.

Explanation:

As per tax schedule if income from capital gain is less than 39,375$ 0% tax is charge lieved.

So on his income from capital gain that is 34,000 dollars no tax will be charge. However the remaining income is subject to income tax that is (36000-34000)= 2000 dollars. So Cason is liable to pay tax equals to 200$. (2000*10%)

As per tax law whose income is less than 9,750 dolars is liable to pay tax at the rate of 10%.

5 0
3 years ago
Other questions:
  • Compare items that are exempt and nonexempt from Chapter 7 fillings. ( does A B C or D go with 1 or 2)(each letter must go with
    8·2 answers
  • An employee receives an hourly rate of $30, with time and a half for all hours worked in excess of 40 during a week. payroll dat
    11·1 answer
  • A business' last line of defense against risks that cannot be controlled or avoided by other risk management practices is this t
    9·1 answer
  • A company purchased land for $90,000 cash. Real estate brokers' commission was $5,000 and $7,000 was spent for demolishing an ol
    10·1 answer
  • Step Up Ladders Company provides the following financial​ information: Income from operations $ 200 comma 000 Interest expense 4
    14·1 answer
  • Apple is known for its innovation. It conducts in-depth marketing research to determine what customers want. Its electronic devi
    15·1 answer
  • An aircraft company is considering using a new lightweight fastener, called the Superlight, to rivet certain sheet metal parts t
    5·1 answer
  • Under what circumstances might Costco have to start paying its workers less?
    10·2 answers
  • Differentiate between the scheduling techniques known as CPM and PERT
    5·1 answer
  • The buyer of a put expects the price of the underlying stock to rise. <br><br> a. true <br> b. false
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!