Answer:
Explanation:
tax rate applicable for the year 2017 for married people filing separately is 28% + 14693.75 for taxable income pver $75600.
total tax = $80000 + $30000 = $110000
marginal rate = (total tax at $110000 - total tax at $80000)/($110000 - $80000)
= [(28%(110000 - 75600) + 14693.75) - 28%(80000 - 75600) + 14693.75)]/(110000 - 80000)
= ($24325.75 - 15925.75)/(110000 - 80000)
= 28%
Answer:
C. They have Access to enough capital to operate in high-cost industries.
Explanation:
Both monopolies and oligopolies have some common traits, and one of the most important ones is that they all have a large market power. Their power comes from high entry barriers to the industries in which operate in. Generally these industries are high-cost industries, e.g. it costs billions to build the electric grid of a large city. These high entry barriers decrease or virtually eliminate the possibility of competition.
Answer:
The correct answer is True
Explanation:
For the economy, an incentive is a stimulus that is offered to a person, a company or a sector with the objective of increasing production and improving performance. For example: a worker is offered an incentive of $200 a month if he can reach a certain sales quota. An incentive for a company could be the tax cut in case you hire new workers.
Human action is usually governed by incentives, many of which exist at the unconscious level. Each time a person performs a certain activity, he does so with an end that, in one way or another, will provide satisfaction. This end is the incentive that mobilizes the action.
Answer:
This is a claim
Explanation:
When someone has an insurance policy and needs a loss or damages covered they file a claim. For example if a person has a house fire they flie a claim with their insurance to cover the damage, often through repair or replacement.
Answer: (D) Management letter of representation
Explanation:
The management letter of representation is the form of letter that are written by the external auditors in an organization.
The main purpose of management letter of the representation is that it include all the financial statement of the company signed by the senior company manager.
The accuracy of the letter are managed by the management of the company. This letter is basically submitted to the auditors for the further analysis.
Therefore, Option (D) is correct.