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DiKsa [7]
2 years ago
8

2020 Advanced Exam - Advanced Scenario 7: Travis and Sylvia Kennedy - Question 2 of 9. 21. The total taxable interest on Form 10

40 is $_____________. (Do not enter dollar signs, commas, periods, or decimal points in your answer.)
Business
1 answer:
vlabodo [156]2 years ago
6 0

Answer:

$140

Explanation:

Form 1040 is used to report IRS about the taxable income that U.S. tax payers has received. It is a form of Income tax in United States. The form must be filled and signed by 15th April every year.

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a. Suppose the marginal propensity to consume (MPC) for a nation is 0.67. What is the tax multiplier for this nation
algol [13]

Assuming the marginal propensity to consume (MPC) for a nation is 0.67. The tax multiplier for this nation is: 2.03.

<h3>Tax multiplier</h3>

Using this formula

Tax multiplier=-MPC/1-MPC

Where:

Marginal propensity to consume (MPC)=0.67

Let plug in the formula

Tax multiplier=0.67/1-0.67

Tax multiplier=0.67/0.33

Tax muitiplier=2.03

Inconclusion the tax multiplier for this nation is: 2.03.

Learn more about  tax multiplier here:brainly.com/question/16965373

7 0
2 years ago
When are winner-take-all markets good for consumers?
kotykmax [81]
When the value of technology utility and network externality benefits exceeds monopoly Costs.



4 0
2 years ago
The net profit margin ratio can mathematically be broken down as:______.
Helga [31]

Answer:

d. Tax impact x Capital structure impact x EBIT / Sales

Explanation:

The net profit margin ratio could be computed by dividing the net income from the sales and the net income is come when the expenses are deducted from revenues

Also the capital structure is the combination of equity, preferred stock, debt.

So mainly it is broken into tax impact, capital structure impact and net profit margin ratio

Therefore the option d is correct

4 0
3 years ago
Your career goals might help determine the postsecondary educational institute you attend.
s344n2d4d5 [400]
I believe that it does help determine that because if you want to be a teacher then 9 times out of 10 you go to a college to be a teacher and get your degree.
7 0
3 years ago
Read 2 more answers
Find the net price for an order of gift items with a list price $24,000 less trade discounts of 30/25/15. use the net price, com
Wittaler [7]
Price of the items = $24000 
Discounts =30%, 25%, 15%. 
Sale amount after discount,
 100 - 30 = 70% = 0.7
 100 - 25 = 75% = 0.75
 100 - 15 = 85% = 0.85
 Multiplying we get the discount = 0.7 x0.75 x 0.85 = 0.44625
 So the net price = 0.44625 x 24000 = $10,710
7 0
3 years ago
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