Explanation:
We are to find marginal tax and average tax rate at a consumption level of 500 oranges for plan A and plan B
Plan A
Consumption level = 500 oranges
Tax = 20%
Tax payable on this = 500 x 20% = 500 x 0.2 = 100
Marginal tax rate = 20 %
Average tax return = 100/500 = 0.2x100 = 20%
Plan B
At tax rate = 30%
Same consumption level
Tax payable = 500 x 30% = 500 x 0.3 = 150
Marginal tax rate = 30%
Average tax rate = 150/500 = 0.3 x 100 = 30%
Answer:
Limited Liability Partnership / Limited Liability Company.
Explanation:
- Limited Liability Partnership: A limited liability relationship is a company in which certain or all members have defined obligations, based on the law. Consequently, it can show collaboration and organizational features. Each partner in an LLP is not accountable or liable for any wrongdoing or incompetence of another party.
- Limited Liability Company: A limited liability company is a management structure whose proprietors are not personally responsible for the obligations or responsibilities of the business. Limited liability corporations are hybrid organizations that combine a company's features with that of a partnership or sole business entity.
The ability to trust one another is a feature of effective teams knows as:
A collaborative climate.
The correct option is C.
<h3>What is collaborative climate?</h3>
One of the eight characteristics of highly effective teams is that they work in a "collaborative climate." A collaborative climate is built on trust among members.
<h3>What is characteristic of successful teams?</h3>
A successful team is usually led by a leader who is well-liked and respected by its members.. By offering focus and guidance, such leaders bring members together in the same direction. They also provide encouragement and motivation to keep team spirit strong even when faced with problems.
The characteristics of successful teams:
- Successful Teams Comprehend the Big Picture: Every leader must understand the mission and purpose.
- Successful teams have fun together:
- Transparent and genuine teams:
- Victories are celebrated by winning teams:
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I understand that the question you are looking for is:
Which characteristic of successful teams relates to having trust in one another?
A) A results-driven structure.
B) Unified commitment.
C) A collaborative climate.
D) External support and recognition.
Answer:
C) dismissed the suit because of the arbitration agreement.
Explanation:
The whole purpose of an arbitration agreement is to avoid lawsuits. In this case, both Miller and her employer signed the agreement voluntarily, so the agreement is valid.
The arbitration agreement is a method for resolving disputes outside regular court, where both sides agree to present their arguments to an arbitrator that will decide who is right. The arbitrators resolutions (arbitration award) is legally binding and it can be enforced by a court.
Answer: $40
Explanation:
Selling price can be calculated through the contribution margin equation;
Contribution margin = (Selling Price - Variable cost) / Selling Price
Contribution margin = Fixed costs/break-even point
= 660,000/1,100,000
= 60%
60% = (Selling Price - 16) / Selling Price
Selling price * 60% = Selling price - 16
16 = Selling price - (0.6 * selling price)
16 = Selling price * 40%
16/40% = Selling price
Selling price = $40