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11Alexandr11 [23.1K]
3 years ago
5

Suppose your expenses for this term are as​ follows: tuition:​ $12,000, room and​ board: $6,500, books and other educational​ su

pplies: $1,500.​ Further, during the​ term, you can only work​ part-time and earn​ $3,500 instead of your​ full-time salary of​ $14,000. What is the opportunity cost of going to college this​ term, assuming that your room and board expenses would be the same even if you did not go to​ college?
Business
1 answer:
kiruha [24]3 years ago
5 0

Answer:

The opportunity cost of going to college this​ term, assuming that your room and board expenses would be the same even if you did not go to​ college is $24,000.

Explanation:

Opportunity cost = income forgone + tuition + books- income earned

                            = $14000 + $12000 + $1500 - $3500

                             = $24000

Therefore, the opportunity cost of going to college this​ term, assuming that your room and board expenses would be the same even if you did not go to​ college is $24,000.

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Randall is single and has total income from all sources (taxable and nontaxable) of $83,000. His taxable income is $62,000. Rand
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Answer:

effective tax rate = 13.54

Explanation:

given data

total income = $83,000

taxable income = $62,000

tax liability = $11,239

to find out

effective tax rate

solution

we get here effective tax rate that is express as

effective tax rate = \frac{total\ tax}{total\ income}    .................1

put here value and we get

effective tax rate = \frac{11239}{83000}  

effective tax rate = 13.54

6 0
3 years ago
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8 0
2 years ago
How long after a tax taking can a treasurer begin land court proceedings?
mariarad [96]

Answer:

D. 180 days

Explanation:

After a tax taking a receiver begin land court proceedings a duration of "<u>180" days</u>. Later a tax collecting, the accountability for acquisition of the offending taxes as well as assessments on those attribute no long-spun relaxes with the Tax Collector, it simply moves to the Treasurer and while a parcel has been in tax claim for <u>180 days</u>, the Town may wish to instate foreclosure on the assets within specific Land Court in Boston.

7 0
3 years ago
A(n) ____ activity is one that happens on a regular basis.
astra-53 [7]
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6 0
3 years ago
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<h3><u>Explanation:</u></h3>

The principle that gives importance and priority to the group rather than the individuals is called as collectivism. It gives importance to the group for instance a family rather an individual in that family. For instance consider the activity of a child who has been brought up in a collectivist society.

He will have the tendency to take care of the parents who are older and when they are not feeling well instead of taking care of themselves. In the given example, the country in which LEE lives is giving priority to the group and thus Lee's country is collectivism.

6 0
3 years ago
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