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3 years ago

What is a tax bracket? in your own words.

Business

1 answer:

xenn [34]3 years ago

4 0

Answer:

Your tax bracket, roughly speaking, is the tax rate you pay on your highest dollar of taxable income. It is not the tax rate you pay on all of your income after adjustments, deductions, and exemptions.

Explanation:

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The Executive Director of Operations has assigned Joe Tanney the role of Team Leader for a high priority project. The task is to

svetlana [45]

Answer: Dysfunctional conflict

Explanation:

This is a team conflicts that have negative consequences on the firm.

The conflict is not multicultural because their cultures doe have an impact on the conflict results, it's equally not functional because it's not bringing in a positive results, Both gender and intergroup do not also have an effect on the conflict.

5 0

3 years ago

Analyze Johnson Stores’ staffing budget for holidaysJohnson Stores is planning its staffing for the upcoming holiday season. Fro

salantis [7]

Answer:

Johnson Stores

Staffing Budget for Holidays:

a. The amount to budget for additional sales clerks for the holiday season is:

= $24,192.

b. The additional profit generated if a staff is added for the increased sale is:

= $1,209.60.

Explanation:

a) Data and Analysis:

Number of sales clerk required for each $12,000 in daily sales = 1

Average sales increase = $96,000

Number of sales clerk required for the $96,000 sales increase = 8 ($96,000/$12,000)

Number of shopping days from Black Friday to Christmas Eve = 27

Sales clerk works a shift per day = 8 hours

Wages per hour = $14

Total hours to be worked by the additional sales clerk = 8 * 27 * 8 = 1,728

Total wages = 1,728 * $14 = $24,192

Average gross profit on sales = 40%

Total gross profit on sales = $24,192 * 40% = $9,676.80

Additional gross profit generated by adding a staff = $1,209.60 ($9,676.80/8)

6 0

3 years ago

The amounts for recording properties and services purchased by a business are determined using the:______.

Alex17521 [72]

The amounts for recording properties and services purchased by a business are determined using the cost concept.

<h3>Which principle determines the amount initially entered into the records for purchases?</h3>

A principle of accounting establishes the initial amount entered for purchases in the accounting records. According to the cost idea of accounting, all purchases of items (such as assets or items required for spending) should be recorded and kept in books at their original cost. Therefore, unless specifically indicated differently, it should be understood that an asset's value on a balance sheet represents its cost. Let's use the case of a company that pays cash or bank for a building worth $200,000. The worth of the building will be recorded in the accounting records using the cost concept of accounting, which equals $2,000,000. After four years, the building's worth increased to $1,000,000.

To learn more Cost concept, Visit:

brainly.com/question/24077535

#SPJ4

5 0

2 years ago

Required information [The following information applies to the questions displayed below.] Desmond is 25 years old and he partic

MrRa [10]

Answer:

Saver's credit = $0

Explanation:

He is not entitled to any saver's credit, as he is not married and his AGI is greater than $32,000. Therefore the Saver's credit is equal to zero. Is also important to consider that Desmond is a head of a household and his AIG is between 31,126 and 48,000.

6 0

3 years ago

Read 2 more answers

Net income $ 15,500 Cash dividends paid to stockholders 3,600 Cash proceeds from sale of land 3,800 Cash proceeds from bank loan

lozanna [386]

Answer: 3500

Explanation:

The company would report net cash provided by (used in) financing activities based on the following:

Cash proceeds from bank loan 9,800

Less: Cash dividends paid to stockholders 3,600

Less: Cash payment (principal) on bank loan 2,700

Cash flow on financing activity will now be:

= (9800 - 3600 - 2700)

= 9800 - 6300

= 3500

Therefore, the The company would report net cash provided by (used in) financing activities of 3500

5 0

3 years ago

What is a tax bracket? in your own words. ​

What is a tax bracket? in your own words.