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3 years ago

Which person has the highest taxable income?

Business

1 answer:

Citrus2011 [14]3 years ago

4 0

Answer:

D. Person C

Explanation:

Taxable income is the difference between the gross pay and all authorized deduction.

For person A : taxable income = $50,000 - $5000 = $45,000

For Person B: taxable income =$60,000 - $10,000 = $50,000

For Person C: taxable income= $90,000 - $30,000 = $60,000

For Person D: taxable income=$ 100,000 - $60,00= $40,000

Person C has the highest taxable income with $60,000

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A company has a total amount of 15 hours for one specific resource. The upper limit of this resource is 18 (the right-hand side

Greeley [361]

Answer: A. the company will be willing to pay a different amount for this resource.

Explanation:

The upper limit for the resource was 18 and anything up to 18 would have attracted the same shadow price (price company estimated it was willing to pay for access to this resource).

The access was increased past this limit however to 18.01. The company therefore will now have more access to the resource and so will be willing to pay a different amount for the resource.

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2 years ago

Define uncertainty. What are some of the basic causes of uncertainty in engineering economy studies?

Marina86 [1]

Answer:

A decision under uncertainty is a decisional problem.

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3 years ago

A bottling operation has a mean fill level of 10.01 ounces with a standard deviation of 0.25 ounces. Random samples of 20 bottle

MAVERICK [17]

Answer:

The upper limit is 10.1

The lower limit is 9.91

Explanation:

Given that:

The mean fill level (μ) = 10.01 ounces,

Standard deviation (σ) = 0.25 ounces

Number of sample bottles (n) = 20

The limits of the sample mean = 92% = 0.92

α = 1 - 0.92 = 0.08

$\frac{\alpha}{2}=0.04$

The z value of 0.04 is the same as the z value of 0.46 (0.5 - 0.04). From the probability distribution table:

$z_{\frac{\alpha}{2}}=z_{0.04} = 1.75$

The margin of error (e) is given by:

$e=z_{0.04}\frac{\sigma}{\sqrt{n} }=1.75*\frac{0.25}{\sqrt{20} } =0.1$

The upper limit = μ + e = 10.01 + 0.1= 10.1

The lower limit = 10.01 - 0.1 = 9.91

6 0

3 years ago

Merchandise inventory is found on the balance sheet as a a. current asset. b. long-term asset. c. long-term liability. d. curren

scoray [572]

Answer:

a. current asset

Explanation:

The merchandise inventory are the goods the business sales as their main operation. They are expected to be ready to sale therefore, ready to be converted to cash within the period, therefore will be current assets.

Unless the company do an specific mention and a certain amount of goods that will expected to be sold in a period of time greater than a year, all merchandise inventory will be current. These specific units will be considered non-current as their are expecteed to be converted to cash i na period greater than 1 year.

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3 years ago

Jumpin Corporation uses the percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to

Zinaida [17]

Answer:

$101,500

Explanation:

Net Sales $2,030,000

Allowance for uncollectible Accounts ($2,030,000*5%)=$101,500

The amount of uncollectible accounts to be reported in income statement shall be $101,500

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3 years ago