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4 years ago

Which option best describes the word ethical?

Business

1 answer:

weeeeeb [17]4 years ago

7 0

What are the options, sir?

Ethical usually means what is right, or morally right. For example, killing someone isn't ethical, but helping an elderly person up from falling would be the ethical thing to do.

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Campbell, a single taxpayer, earns $400,000 in taxable income and $2,000 in interest from an investment in State of New York bon

givi [52]

Answer:

A. Marginal tax rate is 34.02%

B. Marginal tax rate is 33.00%

Step by Step Explanation:

A. If Campbell earns an additional $15,000 of taxable income, her marginal tax rate on the income is 34.02 percent.

Marginal tax rate=Tax/Taxable income

($120,709.05-$115,606.25)=$5,102.8

($415,000 − $400,000)=$15,000

$5102.8/$15,000= 3.401

3.401 ×100= 34.02%

b.If Campbell instead had $15,000 of additional tax deductions, her marginal tax rate on the deductions would be 33.00 percent.

Marginal tax rate=Tax/Taxable income

($110,656.25-$115,606.25)= $4,950

($385,000 -$400,000)= $15,000

$4,950/$42,000= 0.33

0.33×100= 33.00%

5 0

3 years ago

30 points please help!

WINSTONCH [101]

Answer:

Explanation:

Social Security is Payroll Tax.

3 0

3 years ago

The Petit Chef Co. has 10.4 percent coupon bonds on the market with seven years left to maturity. The bonds make annual payments

Lunna [17]

Answer:

8.10%

Explanation:

For computing the YTM we have to applied the RATE formula that is shown on the attachment

Data provided in the question

Present value = $1,119.34

Assuming figure - Future value or Face value = $1,000

PMT = 1,000 × 10.4% = $104

NPER = 7 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the YTM is 8.10%

6 0

4 years ago

Why can the distinction between fixed costs and variable costs be made in the short run? Classify the following as fixed or vari

Vedmedyk [2.9K]

Answer:

Variable costs are costs that vary with production. If production rises, the variable cost rises.

Fixed cost are costs that do not vary with production.

The time frame and contracts allows for distinction between fixed and variable cost in the short run.

in the short run, some costs of production cannot be changed for various reasons. Some of the reasons include, supply contract and Labour laws. Due to labour contracts, it might be difficult if not impossible to change wages paid to workers or fire workers. This makes wages fixed in the short run.

Some costs can be varied easily, for example if sales are low, shipping cost would reduce because the amount of orders are smaller.

, nd

Fixed costs include:

advertising expenditures

interest on company-issued bonds

payments for raw materials

Real estate tax

Executive salary

insurance premiums

wage payments

depreciation and obsolescence charges

rental payments on leased office machinery

Variable costs include :

fuel

shipping charges

sales taxes

All costs are variable in the long run because in the long run production decisions which appeared fixed can be changed. For example, Labour contract can end and the firm can decide to adjust or retain the contract in line with the current economic situation. The firm can decide to move to a cheaper location and reduce rental cost.

Explanation:

7 0

3 years ago

Under the gold standard, gold flows reduce the money supply in one nation when another nation experiences a trade surplus. The n

goldfiish [28.3K]

Answer:

The lower prices create more demand for product from the nation with a reduction in the money supply, which leads to International Balance of Statement Differences

Explanation:

Gold standard is a monetary stem that links the value of paper money to gold.This system were used to balance income differences between countries. Countries with a balance of payments surplus would receive gold inflows, while countries in deficit would experience an outflow of gold

Here, Gold is the standard for International balance of payments differences.

Under the gold standard, gold flows reduce the money supply in one nation when another nation experiences a trade surplus.

The nation with a trade surplus has a swell in the money supply, which leads to price increases. At the same time, the nation with a reduction in the money supply will cause prices to fall.

The lower prices create more demand for product from the nation with a reduction in the money supply, which leads to International Balance of Statement Differences.

6 0

3 years ago