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Cerrena [4.2K]
3 years ago
7

The household income for the Washington family is $100,000, and they pay an income tax rate of 25%. What is the Washington's

Business
1 answer:
prohojiy [21]3 years ago
7 0

Answer:

D) $75,000

Explanation:

Disposable income is the income available for a household to spend.It is the take home or net income for businesses and households.

calculation f disposable income = Income -deductions

In this case deductions will be income tax.

deductions

In this case, deductions = 25% of income

=25/100 x $100,000

=0.25 x $10,000

= $ 25,000

disposable income =$100,000 - $25,000

=$75,000

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A bond that has a face value of $150 maturing in one year is available for purchase for $134 . What is the interest rate offered
Norma-Jean [14]

The interest rate offered on the bond is 11.94%.

<h3>What is the interest rate on the bond?</h3>

The interest rate of the bond can be determined by calculating the yield to maturity of the bond. The yield to maturity is the interest rate that equates the price of the bond to the future value of the bond.

The yield to maturity can be determined using a financial calculator:

  • Cash flow in year 0 = $-134
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YTM = 11.94%

To learn more about yield to maturity, please check: brainly.com/question/26376004

8 0
2 years ago
Ray Bond sells handcrafted yard decorations at county fairs. The variable cost to make these is $20 each, and he sells them for
Rama09 [41]

Answer:

5 units

Explanation:

Breakeven point is the point or number of units sold that makes the cost equal with the revenue generated. In other words, it is the point in which the profit or loss made by an entity is 0.

Given;

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To break even, total revenue =  total cost

20c + 150 = 50c

50c - 20c = 150

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Ray must sell 5 units to break even.

5 0
3 years ago
Consider Emily's balance statement:
notsponge [240]

Answer:

see below

Explanation:

A balance sheet is prepared following the accounting principles of assets equal to liabilities plus equity. Assets are left side while equity and liabilities on the other.

Assets are valuable that a business owns. Liabilities refer to the debts or loans of the business. It is what the business owes others. Equity is the owner's contribution to the business.

In this balance sheet,  Emily has confused assets and liabilities.

The column labeled as liabilities represents assets. She should change that. This column should be the topmost column.  She has interchanged the labels for liabilities and assets. The difference between assets and liabilities should be equity.

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3 years ago
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