Answer:
Rory wages tax: $ 5,355.00
Latesia wages tax $ 9,990.80
marginal tax-rate Rory: 7.65%
while Latesia: 1.45%
Rory average tax rate 7.65%
Latesia Average tax-rate 7.14%
Explanation:
Rory wages tax:
70,000 x (0.062 + 0.0145) = $5,355
Latesia wages tax
128,400 x 0.062 + 140,000 x 0.0145 =
7,960.8 + 2,030 = 9,990.8
marginal tax-rate Rory will be taxes in full for his next dollar of income: 7.45%
while Latesia already capped OASDI therefore it will be taxes only for MHI: 1.45%
effectiver/average tax rate:
5,355 / 70,000 = 0,0765
9,990.8 / 140,000 = 0,0713628
Answer: Gemma took a <em>values inventory </em>in her career explorations class. This indicated to Gemma that money and status may mean a lot to her, but she also finds it healthy to maintain a work-life balance. The correct answer is B.
Explanation:
A values inventory is commonly given in school to help a student with their career goals. They are usually given a personality inventory, an aptitude assessment, and an interest inventory.
The values inventory worksheet has two separate sets of questions about life values and work values. On this worksheet, the student must choose from the columns of "must have, would like, and least important."
A few of the life values a student has to choose from are listed below.
1.) Being Healthy as can be.
2.) Having a happy family life
3.) Having a high status and prestige
4.) Having material possessions in life.
A few of the work values a student has to choose from are listed below.
1.) Being a leader at work.
2.) Working as a team member.
3.) Having experiences that are creative.
4.) Having job security.
All else held constant, the book value of owners' equity will decrease when DIVIDENDS EXCEED NET INCOME FOR A PERIOD.
In sole proprietorship, owner's equity refers to the value obtained when owner's withdrawal from a business and his net income is subtracted from owner's investment in a business. Owner's equity represent the book value of a company.
Answer:
B) credit discount bonds with payable $1,500 per year.
Explanation:
A company issues a 5-year bond with a $7,500 discount. Using straight-line amortization, the company should: -credit interest payable $1,500 per year.