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Salsk061 [2.6K]
3 years ago
12

Zooey is a single mother of two young children whose husband died in a tragic car accident. She earns $20,000 per year working a

s a cashier at a grocery store. The government uses a negative income tax system in which Taxes owed = (1/4 of income) - $15,000.
How much does Zooey owe or receive from the government?

a. She owes $5,000
b. She receives $10,000.
c. She owes $10,000.
d. She receives $15,000.
Business
1 answer:
dalvyx [7]3 years ago
8 0

Answer:

b. She receives $10,000

Explanation:

Taxes owed = (1/4 of income) - $15,000.

Taxes owed = (1/4 x 20,000) - $15,000.

= 5,000 - 15,000 => -10,000

Hence, she receives $10,000 from the government.

A negative income tax is a system where people earning below a certain amount receive supplemental pay from the government instead of paying taxes to the government.

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Hospitals, colleges and universities, and museums fall into the ______ category of business customers. reseller market governmen
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Institutional markets are the category under which hospitals, colleges, museums, and universities come.

Institutional organizations buy goods and services for the production of their own goods and services. They are non-profit organizations that are established only to offer services to the public. These markets are categorized as low budgets and captive patrons.

The main player of the institutional department is the government. Most hospitals, colleges, universities, and museums fall under the control of the government. For the other hospitals, colleges, universities, and museums that are under the private players, a seperate account will be maintained by them for maintaining the record of transactions.

The other option like business customers which deals with the normal buying and selling transactions. The reseller market consists of the wholesaler market that sells goods to the retailer for reselling the goods. The government market is where government transactions are carried on. The producer market produces the goods or manufacturers the goods and sells them to the market. So the institutions that are provided all come into the institutional markets.

Learn what is institutional markets here:

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8 0
1 year ago
Which part of a form can a user edit after its creation?
pashok25 [27]

Answer:

the name of the form

Explanation:

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3 years ago
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Whitepunk [10]
D. 10 years, the rest are common
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Sarkis is a sales manager for the bratney companies, a company that manufactures equipment used in the processing of grains and
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Answer:

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Read 2 more answers
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