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malfutka [58]
3 years ago
15

What is total taxable income

Business
1 answer:
Dimas [21]3 years ago
4 0

Taxable income, generally speaking, is the gross income of an individual or corporation, less any allowable tax deductions. Your taxable income is, in other words, the amount of your income that is subject to income tax.


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Taxes that have wealthy people pay a higher rate of tax than average or poor people are called __________.
Furkat [3]
Taxes that have wealthy people pay a higher rate of tax than average or poor people are called Progressive tax. It is the type of tax that goes on increasing with increase of income. The people with higher income pays a higher amount of tax than the people with lower income. I hope the answer has helped you.
4 0
4 years ago
A leveraged buyout refers to a(n): a. action where the management of the firm and/or an external party buys all of the assets of
grigory [225]

Answer:

a restructuring action whereby a party buys all of the assets of a business, financed largely with debt, and takes the firm private.

Explanation:

A leverage means taking a loan to consummate a deal. So a leveraged buyout is when an entity takes a loan in order to buy all the assets of a firm and take it private.

Leveraged buyout is practices by parties that do not have enough funds to purchase a company, but they see a high return of Investments over time.

So they take a loan to buyout the company in the hope that returns will eventually cover the loan taken

3 0
3 years ago
Marigold Corp. has begun and ending raw materials inventories of $64000 and $80000, respectively. If direct materials used were
blondinia [14]

Answer:

The answer is $126,000

Explanation:

Please find the attached file for the calculation.

7 0
4 years ago
During a selection stage interview, you should
gulaghasi [49]

Answer:

I'd have to go with B for this one

Explanation:

Reason for that would be because of the fact that you'd want your employer to see the skills and qualities for the job so that they know that they of course made the right decision based off your resume and such

8 0
3 years ago
If during the past decade the average rate of monetary growth has been 5% and the average inflation rate has been 5%, everything
skad [1K]
A is the answer


Sorry if I’m wrong
7 0
3 years ago
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