No, it doesn't necessarily assure sufficient amounts of money because profitability can still reflect in non-monetary forms eg: through assets.
Answer:
Pharmacists are healthcare professionals who specialize in the right way to use, store, preserve, and provide medicine.
Answer:
Option (D) is correct.
Explanation:
It was given that video game is a normal good. We know that there is a positive relationship between the demand for a normal good and income of the consumer, hence, if there is an increase in the income level of the consumer then as a result the demand for a normal good increases which shifts the demand curve for normal good rightwards.
Therefore, this will lead to increase both equilibrium price and equilibrium quantity in the market for video games.
Answer:
a. $99 560 b. $66900 c. option a
Explanation:
Rick deducts on a standard deduction which lowers his income by one fixed amount.
Ricks gross income $131000. He has no one else except himself so no other deductions besides tax.
(a) After tax compensation = Gross income – Deductions(tax)
= $131000 - $131000*24%
The tax percentage is taken from the tax table so rick earns between the tax brackets $84201 to $160725 as we are told he is also single.
=$131000 - $31440
=$99 560 is Ricks after tax compensation or income.
(b) After tax compensation = Gross Income – Deductions(tax) + Benefits
=$80 0000 - $80000*22% +$4500
=$66900 will be Ricks after tax compensation for the other option.
The tax percentage of 22% is taken from the tax schedule on the tax brackets of $39476 to $84200 as the option contains $80000 which rick can potentially earn if he chooses this option.
(C) Rick should take the $131 000 option which is the option calculated first as it has a higher take home pay than the second option with benefits so he can be more satisfied as the bottom option for $80000 charges more tax at a lower amount the tax amounts are much closer in percentages but their difference is greater as it is approximately $51000 so he will benefit more on the first option than the second option.
The best way for you to negotiate an increase in starting salary is to research similar jobs, note what their starting pay is, and provide the list to your boss. Most jobs will match what other people are paying because they need employees. The best way to lose your job right off the bat is to tell your boss that he is a cheapskate. I do not advise this.
