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3 years ago

The following table shows the marginal tax rates for unmarried individuals for two years.

Business

1 answer:

Papessa [141]3 years ago

3 0

Answer: a. The marginal tax rate increased from 2009 to 2010.

Explanation:

The marginal tax rate refers to the taxes that people have to pay on any additional dollar that they make.

In the year 2009 this rate was 15% but in 2010 this rate went up to 20% across the board including for the person earning $35,000. This shows a clear increase in the marginal tax rate between both years.

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Answer only if you know! Please help me!

Illusion [34]

I suggest looking up the definition of each of them. Write them down when your doing it. The answer to your question though is A. Entrepreneurs.

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4 years ago

Read 2 more answers

The following data were gathered to use in reconciling the bank account of Reddan Company: Balance per bank $25,750 Balance per

stiv31 [10]

Answer:

Adjusted balance per bank reconciliation $ 24,295

Explanation:

Computation of adjusted balance per bank reconciliation

Balance per bank statement $ 25,750

Add: Deposits in transit $ 2,300

Less: Outstanding checks <u>$ ( 3,755)</u>

Adjusted balance per bank statement $ 24,295

Balance per cash book $ 19,140

Less: Bank Service Charges $ ( 45)

Add: Note collected by bank <u> $ 5,200</u>

Adjusted balance per cash book $ 24,295

The deposits in transit and the outstanding checks have not been incorporated in the bank statement so adjusted to the bank statement balance

The bank service charges and the direct collection by the bank of the note receivable have not been incorporated in the cash book hence adjusted.

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4 years ago

You are looking to purchase a Tesla Model X sport utility vehicle. The price of the vehicle is $94,000. You negotiate a six-year

natulia [17]

Answer:

Purchase of Tesla Model X Sport Utility Vehicle

The amount of the balloon payment six years from now is:

= $39,322.67.

Explanation:

a) Data and Calculations:

Cost of vehicle = $94,000

Period of loan = 6 years

Terms: No down payment and no monthly payments during the first year.

Monthly payment after the first year = $1,350

Total payments to be made = $104,122.67

The total payments including interest from an online financial calculator:

Payoff: 6 years 5.13 months

You will need to pay $1,350.00 every month for 6 years 5.13 months to payoff the debt.

Monthly Payment $1,350.00

Time Required to Clear Debt 6.43 years

Total of 77.13 Payments $104,122.67

Total Interest $10,122.67

Total monthly payments from second year to fifth year = $64,800 ($1,350 * 48)

Expected balloon payment to cover the remaining principal = $39,322.67 ($1014,122.67 - $64,800)

4 0

3 years ago

Which of the following organizations must comply with rules and regulations established by specific government agencies to enfor

Zielflug [23.3K]

I would say answer b

5 0

3 years ago

In its third year, a project is expected to generate earnings before interest, taxes, depreciation, and amortization of $283,104

Lesechka [4]

Answer:

$195,751

Explanation:

Calculation for the project's expected operating cash flow

The first step will be to find the EBIT

using this formula

EBIT =(Earnings before interest, taxes, depreciation, and amortization -Depreciation expense)

Let plug in the formula

EBIT= 283,104 - 53,228

EBIT= 229,876

Second step is to find the NOPAT using this formula

NOPAT = EBIT(1- tax rate)

NOPAT= 229,876(1 - 0.38)

NOPAT= 142,523

Last step is to calculate for Expected Operating Cash flow

Using this formula

Operating cash flow = NOPAT + Depreciation expenses

Let plug in the formula

Operating cash flow = 142,523 + 53,228

Operating cash flow = $195,751

Therefore the project's expected operating cash flow will be $195,751

3 0

3 years ago