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gogolik [260]
3 years ago
10

How would a single person with a taxable income of $15,000.00 per year and a single person with a taxable income of $300,000.00

per year be treated differently-and similarly-in terms of national taxes?
Business
1 answer:
vova2212 [387]3 years ago
8 0

Answer:

Would a person earning $15,000 per year and a person earning $300,000 per year be in the same federal tax bracket? ... No, because federal income tax is progressive. If single in 2014, the $15,000 would be in the 15% marginal bracket, the $300,000 would be in the 33% marginal bracket. When would you have to pay a gift tax?

Explanation:

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Cherries on Top, a national ice cream shop, is struggling financially to keep up with the bigger chains. The top executives have
Serggg [28]

Answer:

The correct answer is B

Explanation:

Utilitarian approach or method is the approach which assesses or analyze the actions in terms of the outcomes or results, that is the net costs and the benefits to all the stakeholders on individual level.

This approach aspire or attempt to accomplish the greatest good for the  numbers when creating the least amount for preventing the suffering of the greatest amount.

So, the shop uses or practice the approach of utilitarian as it will provide them the extra one million dollar to put it in the marketing.

7 0
3 years ago
Jana has $100 to open a checking account. She can maintain a monthly balance of $300. She also has a savings account at the same
Olegator [25]

Answer:

account B

Explanation:

only can choose between b & C based on min balance of $300

since ATM are free for ABC ATMs, that is cheaper than Account C

8 0
3 years ago
Read 2 more answers
Which of the following statements best describes accounting for a partnership?
svetlana [45]

Answer:

B. A partnership may use federal income tax rules to account for transactions in their journals and ledger accounts.

Explanation:

There is a lot of difference in accounting of normal partnership firms and that of non profit organisations.

Simply a partnership firm cannot be formed as a non profit entity.

A partnership can use any federal laws in compliance and do accounting entries in accordance with them.

The partnership equity section only contains partner's capital account as there are no retained earnings section.

Partnership's do not pay dividend, and if it does it is not limited to money.

7 0
3 years ago
Which of the following statements is most correct?
Rashid [163]

Answer:

see below

Explanation:

A

Because for the last sentence, the more proper pronoun would be "their".

7 0
2 years ago
An annuity immediate pays 15 at the end of years 1 and 2, 14 at the end of years 3 and 4 and so on. The payments decrease by 1 e
Inessa05 [86]

Answer:

$138.63

Explanation:

I used an excel spreadsheet and the NPV function to determine the present value of this annuity. The present value of this annuity is $138.63

3 0
3 years ago
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