A sole proprietor in the 37% tax bracket pays her 16-year-old son a reasonable salary of $14,000 for services performed for the
1 answer:
You might be interested in
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
The transition diagram is given in the attached image. See the definition of a transition diagram below.
<h3>What is a transition diagram?</h3>
A specific type of flowchart used for language analysis is called a transition diagram.
The boxes of the flowchart are represented as circles and are referred to as states in the transition diagram.
<h3>What is the Transition Matrix?</h3>
The transition matrix is given as follows:
If 10% of the people are using Brand X, then 90% are not using brand x. thus the initial state matrix is:
S₀ = [ 0.1, 0.9]. Thus one week later, the state matrix is:
S₁ = S₀P = [0.1, 0.9] *
c11 = 0.1 x 0.6 + 0.9 x 0.6 = 0.6
c12 = 0.1 x 0.4 + 0.9 x 0.4 = 0.4
Hence
S₁ = [0.6, 0.4]
This means that the percentage that will be using it 1 week later is:
0.38 = 38%
Learn more about Transition Diagrams at:
brainly.com/question/13263832
#SPJ1
