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3 years ago

2 part question i need help pls its econ

Business

2 answers:

Margaret [11]3 years ago

6 0

Answer:

2. income tax

Explanation:

ive done this question before

kicyunya [14]3 years ago

4 0

Answer:

the first question is progressive

Explanation:

because if you look at the table it shows that the tax rate went up 2 %

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vWhat are the most likely consumer market segments for robots? Which consumer characteristics would be important to determine th

PolarNik [594]

Answer:

1- The most relevant segments are young adults between 20-30 years old who generate their own resources because the robots would be expensive.

2- The most outstanding characteristics of consumers would be:

People who like technology.
That their income level reaches to acquire a robot.
That they are adaptable people to the changes

3- Company robots for home cleaning, complete cleaning and cooking could be created.

8 0

3 years ago

The journal entry to close the Fees Earned, $750, and Rent Revenue, $175, accounts during the year-end closing process would be:

Nataly [62]

Answer:

b. Dec. 31

Income Summary 925

Fees Earned 750

Rent Revenue 175

Explanation:

At the end of each accounting period, the elements of the income statements which are the revenues earned and the expenses incurred are usually closed to the income summary account.

The revenue earned which is normally a credit balance is closed by debiting the account and crediting the income summary. The expenses are closed by crediting the account and debiting the income summary.

Hence if Fees Earned, $750, and Rent Revenue, $175,

Total revenue = $750 + $175

= $925

6 0

4 years ago

Jamie is single. In 2020, she reported $108,000 of taxable income, including a long-term capital gain of $5,800. What is her gro

svetoff [14.1K]

Answer:Jamie's gross tax liability is $19,572.50

Explanation:

Since Jamie is single with taxable income of $108,000 which includes $5,800 long term capital gain.

Therefore $102,200 (108,000 -5,800) will be taxed under normal tax rates and $5,800 would be under long term capital gain tax rate.

With regards the 2020 tax schedule, Since her ordinary income is $102,200, Jamie falls under 24% rate tax bracket under filing for single status.

Tax liability on ordinary income =$14,382.50 plus 24% of any income you made above $84,200

14,382.50 + 0.24 (102,200 - 84,200)

14,382.50 + 0.24 x 18000

= 14,382.50 + 4,320

= $18,702.50

Also, according to her income, longterm capital gain tax applicable in 2020 is 15%

Tax on long term capital gain = 5,800 × 0.15

= $870

Jamie's gross tax liability is $18,702.50 + 870 = $19,572.50

6 0

3 years ago

Kaplan, Inc. produces flash drives for computers, which it sells for $27 each. The variable cost to make each flash drive is $13

horsena [70]

Answer:

Contribution per unit

= Selling price - Variable cost per unit

= $27 -$13

= $14

Contribution margin ratio

= Contribution per unit

selling price

= $14

$27

= 0.518518518

Break-even point in dollars

= $1,400

0.518518518

= $2,700

Explanation:

Break-even point in dollars equals fixed cost divided by contribution margin ratio. Contribution margin ratio is equal to contribution per unit divided by selling price. Contribution per unit is selling price minus variable cost per unit.

4 0

3 years ago

Jones & Hilton Co. owned a large cold storage warehouse where they stored and processed meat and meat products. An insider r

8090 [49]

Answer:

4. U.S. Department of Agriculture

Explanation:

The U.S. Department of Agriculture, one of the most powerful executive departments in the United States, has as one of its functions the responsability to ensure food safety.

For this goal, it has one subdivision: the Food Safety and Inspection Service, which has over 9,000 employees across the U.S.

That is the specific department that would carry out the inspection, and initiate legal proceedings in case of irregularities. It is in charge of ensuring food safety for consumers in the places where food is manipulated, distributed, and sold.

4 0

3 years ago