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AleksandrR [38]
3 years ago
15

How do you find tax liability from taxable income?

Business
1 answer:
ycow [4]3 years ago
7 0

Answer:

How to calculate tax liability from taxable income

Explanation:

Your taxable income minus your tax deductions equals your gross tax liability. Gross tax liability minus any tax credits you're eligible for equals your total income tax liability. hope this helps you :)

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Assume both Atlantis and Zanadu produce helmets and baseballs. Using equal amounts of resources, Atlantis can produce 100 helmet
jeka57 [31]

Answer:

a) see attached image

b) Atlantis's opportunity cost of producing one helmet = 200 / 100 = 2 baseballs

c and d) Atlantis's opportunity cost of producing one baseball = 100 / 200 = 0.5 helmets

Zanadu's opportunity cost of producing one baseball = 100 / 400 = 0.25 helmets ⇒ Zanadu has a comparative and absolute advantage in the production of baseballs

e) yes, Atlantis would produce 100 helmets, and if it trades 50 to Zanadu, it will get 150 baseballs in return. So it will gain from trade. If Zanadu produces 400 baseballs and trades 150 of them for 50 helmets, it will also benefit.

Explanation:

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2 years ago
Traditional advertisements for cookware have always focused on appealing to women consumers. such advertisements make use of con
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<span> such advertisements make use of consumer differences arising out of micro cultures based on different Sex Roles.
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3 years ago
A small factory produces toilet paper. The annual demand is 360,000 units, and the company produces toilet paper in batches. On
Valentin [98]

Answer:

26,833 units

Explanation:

Optimal production quantity is the quantity at which business incur minimum cost. This is the level of production per batch where the incur the lowest cost.

EOQ =  

C = Carrying cost = 10 / 100 = $0.1 per unit

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EOQ = \sqrt{ \frac{2 X S X D}{C} }

EOQ = \sqrt{ \frac{2 X 100 X 360000}{0.1} }

EOQ = 26,833 units

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3 years ago
Splish Brothers Inc. reported a net loss of $14400 for the year ended December 31, 2022. During the year, accounts receivable de
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The prosecutor bears the burden of proof and is required to demonstrate the version of their events to this standard. The prosecutor will be required to present evidence that shows beyond any reasonable doubt that the defendant is guilty before they can get a conviction.

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