Answer:
Gross Income:
= Earned wages + Interest from savings + Interest on home mortgage
= 93,260 + 1,340 + 4,500
= $99,100
Adjusted gross income:
= Gross income - Tax deferred plan - State taxes
= 99,100 - 6,300 - 1,359
= $91,441
Taxable income
= Adjusted gross income - Personal exemption - Standard deduction - Charity contribution
= 91,441 - 3,500 - 7,800 - 2,500
= $77,641
Answer:
Marginal thinking
Explanation:
Marginal thinking refers to the thinking of decision makers in which the one additional unit is more than its cost
Since in the question it is mentioned that the coach of basketball performed cost / benefit in order to achieve more points by doing more hours of practice
Therefore the given situation, it is an example of marginal thinking
Answer:
The answer is B. A change in the wage rate of the workers who produce rubber balls changes the quantity supplied of rubber balls.
Explanation
A change in the wage rate of the workers affects cost of production which in turn influences changes supply.
Answer:
5.80%
, option A is correct
Explanation:
The formula for the simple rate of return on the investment=annualprofit/net amount invested
annual profit amount=savings in cash operating costs-annual depreciation on the new machine=$133,000-$88, 200=$ 44,800.00
net amount of investment=pruchase cost of new machine-the scrap value of the old machine=$793, 800-$21, 200=$ 772,600.00
simple rate of return on investment=$ 44,800.00/$ 772,600.00=5.80%
Answer:
Copyright protection generally lasts for 70 years and protects the original expression of an idea, whether literary, artistic, commercial or otherwise. It is used to protect original works of authorship that are fixed in a tangible medium of expression.
Explanation:
