1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zigmanuir [339]
3 years ago
14

The city of Springvale imposes a net income tax on businesses operating within its jurisdiction. The tax equals 1% of income up

to $100,000 and 1.5% of income in excess of $100,000. The Springvale Bar and Grill generated $782,000 net income this year. Its city income tax is_______.
Business
1 answer:
sveta [45]3 years ago
4 0

Answer:

$11,230

Explanation:

The city of Springvale imposed a net income tax on all businesses

Each business will make a payment of 1% for any amount up to $100,000 and 1.5% for any amount above $100,000

The net income generated by Springvale Bar and Grill is

= $782,000- $100,000

= $682,000

Therefore, it's city income tax is calculated as follows

(1/100+100,000) + ( 1.5/100+682,000)

( 0.01+100,000) + ( 0.015+682,000)

= 1000 + 10,230

= $11,230

Hence, Springvale Bar and Grill will pay a net income tax of $11,230

You might be interested in
discuss the rationale of organizing an industrial strike in resolving employee dispute with the state,focusing on the detrimenta
Gennadij [26K]

Answer: The answer is given below

Explanation:

Strike is the refusal to work which is typically organized by body of employees as a method of protesting in an attempt to get a pay rise or other concessions from the employer.

Strike can be as a result of demand for wages or salary increment, better working conditions, better treatment at workplace and non-discrimination, towards employees.

Strikes can bring about potential benefits such as better working conditions, increase in pay, improved labor productivity, increase in work morale, and lower absenteeism. Itcsn also bring about economic costs to the society. Strikes results in negative impacts on employees, employers, consumers, stakeholders, the government, and the whole economy.

During strikes, there are less goods available for consumers, decrease in revenue on the part of employers, idle employees, and the economy is also affected badly.

6 0
3 years ago
Oona wants to conduct research on personnel management, workplace environment, and what type of environment results in high leve
sesenic [268]

Oona should conduct research in the area of <u>"industrial-organizational" </u>psychology.


Industrial-organizational psychology is the branch of psychology that applies psychological speculations and standards to associations. Regularly alluded to as I-O brain research, this field centers around expanding working environment profitability and related issues, for example, the physical and mental prosperity of representatives.  

Industrial-organizational psychologists use psychological standards and research strategies to take care of issues in the work environment and enhance the personal satisfaction. They think about work environment profitability and administration and representative working styles. They figure out the morale and identity of an organization or association.

8 0
3 years ago
Read 2 more answers
What are Costco business perks?
borishaifa [10]

Answer:

There are several perks or troubles that Costco business faces.

Explanation:

The first of these perks is the intense competition from other large retailers like Walmart, Target, or Best Buy. While Costco does have a niche: it tends to sell higher quality poducts for a slightly higher price, the competition is nevertheless stiff because that niche does not apply for all product lines that are sold.

The second perk is also competition, from online retailers, especially Amazon, which is larger than any traditional retailer, but also from a myriad of smaller retailers that emerge constantly in the online market, since the internet provides very few barriers to entry for new competitors.

Finally, the third peak is consumer preferences, and that is because consumers are constantly changing their tastes and preferences, especially in developed countries like the U.S. This means that Costco has to constantly adapt to new product lines, and discard other lines.

3 0
2 years ago
A project manager has just found out that a major subcontractor for her project is consistently late delivering work. The projec
Olenka [21]

Answer:

compromise

Explanation:

Compromise as a conflict resolution strategy is one that involves finding acceptable reasons such that all the parties involved in the conflict have their concerns satisfied partly.

The project manager saying "You both will have to give up something to solve this problem" means that both parties involved in the conflict will have to come to an agreement that suits or benefits both parties.

Cheers.

6 0
3 years ago
What is the salesperson doing when, after his presentation is over, he asks, "May I call the company and place your order for 20
Zanzabum

Answer:

trying to close the sale

Explanation:

When someone is closing a sale, he/she is trying the complete the sales process by effectively getting a purchase order. In this case, the salesperson is trying to convince the client to finally place an order for 20 cases of Ecco brand golfing shoes. The whole selling process is carried out to finally be able to close the sale, it is the climax of the sales process, the salesperson either makes it or not.

3 0
3 years ago
Other questions:
  • On May 3, 2014, Eisler Company consigned 80 freezers, costing $500 each, to Remmers Company. The cost of shipping the freezers a
    15·1 answer
  • 5. Which of the following examples of emotional behaviors are displayed by infants up to 8 months?
    15·2 answers
  • A cost that remains unchanged in total despite variations in volume of activity within a relevant range is a: Multiple Choice Fi
    12·1 answer
  • In 2010, bad freezes destroyed a large portion of Florida's grapefruit crop. Explain what happened in the grapefruit market usin
    10·1 answer
  • EcoFabrics has budgeted overhead costs of $945,000. It has allocated overhead on a plantwide basis to its two products (wool and
    8·1 answer
  • Prior to departure on an overseas assignment, employees should receive language and cross-cultural training. For Alex’s training
    5·1 answer
  • Colin is convinced that his product idea has tremendous potential. He has decided to produce the product himself, but plans to u
    6·1 answer
  • Every business has the same code of ethics? T or F
    12·1 answer
  • On August 1, 2020, Jose purchased and placed in service a building that cost $1,200,000. An appraisal determined that 25% of the
    15·1 answer
  • The Economic Freedom of the World index provides a measure of the extent to which various countries
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!