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3 years ago

The Federal personal income tax is:_______

Business

1 answer:

vredina [299]3 years ago

6 0

Answer:

D. Progressive and the incident is on the tax payer

Explanation:

The federal personal income tax is a progressive tax because the tax increases as the income of the individual increases.

A progressive tax system is where higher tax rate falls on high income earners and lower tax rate on low income earners. The incident of personal income tax is on the tax payers because they the burden of paying the tax is borne by them.

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Ranger Glass Company manufactures glass for French doors. At the start of May, 2,000 units were in-process. During May, 11,000 u

GuDViN [60]

Answer:

$16.20

Explanation:

Calculation for How much is the cost per equivalent unit for direct materials

Cost per equivalent unit for direct materials=($36,000+$186,000)/[11,000+(3,000*90%)]

Cost per equivalent unit for direct materials=$222,000/(11,000+2,700)

Cost per equivalent unit for direct materials=$222,000/13,700

Cost per equivalent unit for direct materials=$16.20

Therefore the the cost per equivalent unit for direct materials will be $16.20

7 0

2 years ago

Consider the following statement: ''Real GDP is currently $17.7 trillion, and potential real GDP is $17.4 trillion. If Congress

Elena L [17]

Answer:

C. more than $300 billion.

Explanation:

As it is given that

Decrease in government purchase by $300 billion

Tax increased by $300 billion

Based on this we can interpret that if there is a more decrease in gross domestic product which leads to the decrease in government expenditure or the government tax is increased is because of multiplier effect as it shows the positive relationship between the spending and the final income

Therefore, the third option is correct

Hence, the above statement is false

6 0

3 years ago

Clara and Nathan have planned to merge their companies. They have met to put forth their respective proposals and the rationale

nikitadnepr [17]

Answer:

The correct answer is the option C: Clarification and justification.

Explanation:

To begin with, in the stage of <em>clarification and justification</em> of the negotiation process the parties do not need to be argumentative but instead they need to be educative to each other by showing the other what are the reasonable statements that are established in order to proove their positions on each argument done before. That is why, in this stage the positions of each party are discussed at length in order to comprehend what every party is supporting for and that is why this stage is called of ''justification''.

5 0

2 years ago

Pollution control equipment for a pulverized coal cyclone furnace is estimated to cost $190,000 two years from now and an additi

Troyanec [42]

Answer: $250,096

Explanation:

To find out the amount that should be invested today, one should find the present values of both figures and add them up:

Interest rate should be periodically adjusted so: 8% / 2 = 4% per semi annum

No of periods should be adjusted as well.

Amount to be invested today:

$= \frac{190,000}{(1 + 0.04)^{2 * 2 periods} } + \frac{120,000}{(1 + 0.04)^{4 * 2 periods} }\\\\= \frac{190,000}{(1 + 0.04)^{4} } + \frac{120,000}{(1 + 0.04)^{8} }\\\\= 250,095.62$

= $250,096

8 0

2 years ago

ue or False: If Dmitri's Fire Engines were a competitive firm instead and $75,000 were the market price for an engine, decreasin

Ratling [72]

Answer:

False.

Explanation:

If Dmitri's Fire Engines were competitive firm instead of $100,000 were the market price for an engine, decreasing its price from $100,000 to $50,000 would result in a decrease in production quantity, but increase in total revenue. The statement is false.

6 0

2 years ago