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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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Suppose Joe's wage increased from $10 per hour to $12 per hour, and over the same time period the GDP deflator increased from 10
Burka [1]

Answer:

Explanation:

Im prettier sure if u add them with a calculator it could come out with the answer and it may add up too the correct answer

3 0
3 years ago
The courts and equal employment opportunity guidelines have mandated that performance measurements be based on
iVinArrow [24]

A check list should be base on past problems.

4 0
3 years ago
Department 1 completed work on 500 units and transferred them to Department 2. The cost of the units wasâ $750. What is the jour
horsena [70]

Answer:

B. Work-in-Process Inventory-Dept. 2 750 Work-in-Process Inventary Debit. 1 750

Explanation:

The journal entry to record this transaction is shown below:

Work-in-Process Inventory A/c - Department 2 $750

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(Being the completed units are transferred)

For recording this transaction we debited the work in process department 2 and credited the work in process department 1

4 0
3 years ago
In Macroland, potential output equals exist100 trillion and the natural rate of unemployment is 4 percent.
maxonik [38]

Answer:

GDP gap =  -2 %

GDP gap = 2%

Explanation:

given data

potential output = 100 trillion

natural rate unemployment = 4 percent

solution

we know as per the Okun's law

the GDP gap will be =  -2%  ( for every 1% )

the actual unemployment rate exceeds its natural rate

so here  if actual unemployment rate = 5 %

GDP gap will be

GDP = ( 5% -  4% ) × -2

GDP gap =  -2 %

and

when  actual unemployment rate = 3%

so GDP will be

GDP gap = ( 3% -  4% ) × -2

GDP gap = 2%

7 0
3 years ago
The amount of annual cash dividends distributed to common shareholders relative to the common stock's market value is the:
Scrat [10]

Answer:

The amount of annual cash dividends distributed to common shareholders relative to the common stock's market value is the:

Explanation:

The amount of annual cash dividends distributed to common shareholders relative to the common stock's market value is the:

3 0
3 years ago
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