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Svet_ta [14]
3 years ago
10

Discuss the meaning of taxation​

Business
1 answer:
Rashid [163]3 years ago
6 0

Answer:

<em>the meaning of taxation is the levying of tax.</em>

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In a mortgage, the amount of money borrowed is called the_______.
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No answer choices......




In a mortgage, the amount of money borrowed is called the Loan principal, or just a loan.

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3 years ago
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Stephanie works 40 hours a week at a wage rate of ​$25. ​ This, her total weekly income is ​$1000. On this​ income, she pays tot
telo118 [61]

Stephanie's marginal tax rate is 15%.

<u>Explanation:</u>

The Average tax rate is 8%

she pays $3.75 as the tax on $25 which makes tax rate at this point                           =3.75/25

= 15%

The Marginal tax rate is the percentage of income that has to be paid as tax as a result of a change in the income bracket.

For instance, if tax rate until $1-$1000 is 10%

and for $1000 and above is 20%.

So for every $ earned over and above $1000.The marginal tax rate for that sum is 20%.

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Compute the amount of raw materials used during November if $31,500 of raw materials were purchased during the month and if the
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Answer:

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Journalize transactions and follow through accounting cycle to preparation of financial statements.
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Answer:

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Explanation:

Accounts payable Dr. 2600

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