receipt of message. hope that helps
 
        
             
        
        
        
Profit sharing plan relies on a predetermined formula to distribute a share of the company's profits to eligible employees.
        
             
        
        
        
Answer:
1. below;
 2. the last dollars taxed but not to all income
Explanation:
Given that the average tax rate for individuals is the percentage of income that individuals pay in taxes. While the marginal tax rate applies to a certain part of taxable income, which is usually the last dollar of the income
Hence, Typically, the average tax rate for a person is BELOW his or her marginal tax rate, because the marginal tax rate applies to THE LAST DOLLARS TAXED BUT NOT TO ALL INCOME.
 
        
             
        
        
        
Answer:
The sales tax is regressive with respect to income
Explanation:
sales tax by Jennifer = 0.1*30000
                                    = 3000
tax/income = 3000/50000
                    = 6%
sales tax by steve = 0.1*27000
                                    = 2700
tax/income = 2700/30000
                    = 9%
The tax increases with decrease in income, it indeed is regressive on the whole.
Therefore, The sales tax is regressive with respect to income
 
        
             
        
        
        
Given:
Selling price = 6.99
Cost = 4
The dollar markup is computed by deducting the cost from the selling price.
6.99 - 4 = 2.99 is the dollar mark-up based on cost.
2.99/4 = 0.7475 x 100% = 74.75% is the percentage mark-up based on cost.