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
Morgarella [4.7K]
3 years ago
13

On December 30, you decide to make a $2,500 charitable donation. (Assume you itemize your deductions.) (a) If you are in the 24

percent tax bracket and you expect to itemize your deductions, how much will you save in taxes for the current year
Business
1 answer:
Crank3 years ago
7 0

Answer:

$600

Explanation:

Calculation to determine how much will you save in taxes for the current year

Using this formula

Tax savings = Tax rate × Tax deduction

Let plug in the formula

Tax savings= 0.24 × $2500

Tax savings =$600

Therefore how much will you save in taxes for the current year is $600

You might be interested in
Match each career path with the CTSO that can help further the goals for that path.
Burka [1]

Explanation:

CTSO is an abbreviation of Career and Technical Students Organization. This organization acts as the communication and collaborative vehicle for Career and Technical Students Organization. Following are the each career path with the CTSO :

Skills USA:

Cynthia wants to pursue a career in the IT industry

Business Professionals of America:

Betty dreams of becoming a computer engineer.  

Family, Career and Community Leaders of America:

Ethan seeks a job in politics.

Health Occupations Students of America:

Daphne wants to be a nurse

National FFA organization:

Andrey wants to pursue a career in Farming.

8 0
4 years ago
Because of its size and relative power, Walmart can easily impose controls on small manufacturers, such as Brown Betty Dessert B
Liono4ka [1.6K]

<u>Answer:</u>

<em>Walmart’s various marketing channel relationships offer examples of different forms of an (b) administered vertical </em>

<em></em>

<u>Explanation:</u>

This is a "type of marketing system", different categories of distribution channel, usually producers, retail outlets, and wholesalers, cooperate as a unit to convey items to end clients. Under a common framework, each piece in the circulation channel works as an independent business and attempts to build its very own benefits, frequently to the detriment of different organizations in the chain. Vertical marketing systems help to lessen these sorts of contentions to the common advantage of all gatherings.

8 0
4 years ago
Mr. White sends his acceptance for a business contract to Mr. Green. But Mr. White put insufficient postage on the envelope. One
dimaraw [331]

Answer: True

Explanation:

In business, terms of agreement which is concluded earlier stands a better chance to stand over decisions taken at the later moment.

The means of communication here affected how the communication went. They both used mail postage but that which were initially agreed would stand over that which is being cancelled later.

5 0
3 years ago
Do you think diversity is benificial or hidrance in leading a group
podryga [215]
I think it's beneficial because not only do you get a wide variety of ideas, you also get input from people who grew up with different backgrounds.
7 0
3 years ago
Read 2 more answers
Bonita Industries purchased a depreciable asset for $174500. The estimated salvage value is $14300, and the estimated useful lif
jok3333 [9.3K]

Answer:

Annual depreciation= $16,020

Explanation:

Giving the following information:

Purchase price= $174,500

Salvage value= $14,300

Useful life= 10 years

T<u>o calculate the depreciable base, we need to use the following formula:</u>

<u></u>

Depreciable base= purchase price - salvage value

Depreciable base= 174,500 - 14,300

Depreciable base= $160,200

N<u>ow, we can determine the annual depreciation:</u>

Annual depreciation= depreciable base /estimated life (years)

Annual depreciation= 160,200 / 10

Annual depreciation= $16,020

6 0
3 years ago
Other questions:
  • One difference between financial and managerial accounting is that the external users that use financial information must plan a
    15·1 answer
  • Suppose that a certain country has an "MPC of 0.8 and a real GDP of $500 billion. If its investment spending decreases by $10 bi
    15·1 answer
  • Allen Construction purchased a crane 6 years ago for $130,000. They need a crane of this capacity for the next five years. Norma
    9·1 answer
  • Value chain activities are Question 27 options: a) the activities most likely to be imitated by competitors. b) activities or ta
    11·1 answer
  • One of the advantages of information systems for businesses is to take raw data and turn it into information, and then transform
    9·1 answer
  • Strategic alliances seek to obtain the same benefits found through vertical integration. What is the difference between strategi
    7·2 answers
  • Refer to the following selected financial information from McCormik, LLC. Compute the company's inventory turnover for Year 2.
    10·1 answer
  • If a buyer defaulted some time ago on a written contract to purchase a seller's real estate, the seller can still sue for damage
    6·1 answer
  • Dan Pink argues that for 21st century tasks in creative businesses the mechanistic, reward-and-punishment approach will not work
    8·1 answer
  • Does the education make a difference in salary for a database administrator??
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!