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3 years ago

The _____ tax rate is the percentage of additional earnings that goes to taxes.

1 answer:

7 0

The MARGINAL tax rate is the percentage of additional earnings that goes to taxes.

Marginal tax rate stands for the amount of tax paid on any additional income. It is based on progressive tax system that increases with the increase of an individual's income. Thus, it varis with the income of an individual.

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Government is typically a ________.

xxTIMURxx [149]

Answer: D. net demander of funds because it borrows more than it saves

The government incurs more debts than gain profits as shown by most financial reports. The government is viewed similarly to that of business firms being net demanders by loaning huge amounts to financial institutions indirectly. The indirect borrowing done by government is done through debt security selling.

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3 years ago

Which of the following is an example of a soft skill?

Stolb23 [73]

Answer:

c because you have to work with people and that is a soft skill

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3 years ago

Alt Corp. issues 5,000 shares of $10 par value common stock at $14 per share. When the transaction is recorded, increases are ma

HACTEHA [7]

Answer:

c. Common Stock $50,000 and Paid-in Capital in Excess of Par Value $20,000.

Explanation:

The journal entry for issuance of the common stock for cash is shown below:

Cash A/c Dr $70,000

To Common stock $50,000 (5,000 shares × $10)

To Additional paid in capital A/c - Common stock A/c $20,000

(Being the common stock is issued for cash)

While recording this entry it increased the assets so the cash account is debited while at the same time it also increased the common stock for $50,000 and the additional paid in capital in excess of par value i.e $20,000 so both these account are credited

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4 years ago

The actual cost of direct materials is $10.50 per pound. The standard cost per pound is $11.75. 42) During the current period 10

emmainna [20.7K]

Answer:

Direct materials efficiency variance = 1175 unfavorable

so correct option is C) $1,175 unfavorable

Explanation:

given data

actual cost = $10.50 per pound

standard cost per pound = $11.75

current period = 10,000 pounds

purchased = 11,500 pounds

actual units produced = 9,900 pounds

to find out

direct materials efficiency variance

solution

we get here Direct materials efficiency variance that is express as

Direct materials efficiency variance = Standard rate × ( Standard quantity - Actual quantity ) ..................1

put here value in equation 1 and we get

Direct materials efficiency variance = 11.75 × ( 10000 - 9900 )

Direct materials efficiency variance = 11.75 × 100

Direct materials efficiency variance = 1175 unfavorable

so correct option is C) $1,175 unfavorable

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4 years ago

A brand developed by a retailer and/or wholesaler that is available only in selected retail outlets is called a ________ brand.

abruzzese [7]

<span>A brand developed by a retailer and/or wholesaler that is available only in selected retail outlets is called a private-label brand. Private label branding is manufacturing of goods/ services by one company but it is known by the name of another one. The benefits of such an economical strategy are : the competition is reduced, whereas margins are increased as well as customers' loyalty.<span>
</span></span>

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3 years ago

Read 2 more answers