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diamong [38]
3 years ago
7

if your salary is $42,000 and your federal income taxes are 10% of your salary, how much money will you owe this year in federal

taxes? assume you have no deductions.
Business
1 answer:
UNO [17]3 years ago
4 0

Answer:

Your taxes are estimated at -$5,925.

Step-By-Step Explanation:

This is 0% of your total income of $42,000. 0% would also be your average tax rate. Your income puts you in the 12% tax bracket. At higher incomes many deductions and many credits are phased out. This increases your tax bill and your marginal tax rate. With these phase outs, adding $1,000 to your income would result in a -15% marginal tax rate.

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If you are projecting your future financially, what are your
Nikolay [14]

Answer:

Forecasting

Explanation:

Because a weather forecast looks ahead for weather. You are forecasting your financial future

7 0
3 years ago
___________ involves defining the firm's marketing mix variables so that target customers have a clear, distinctive, desirable u
jarptica [38.1K]

Answer:

Positioning

Explanation:

Positioning is the final process in segmenting, targeting and positioning (STP), and is the more business-orientated stage, where the business must assess its competitive advantage and position itself in the consumer's minds to be the more attractive option in these categories.

Positioning (or product positioning) is how the product is designed to be perceived in the marketplace by the target market against its main competitors. In other words, it’s basically how consumers understand the product offering and how it differs from similar competitive offerings.

4 0
3 years ago
Depletion is: Multiple Choice The process of allocating the cost of natural resources to the period when it is consumed. Calcula
masya89 [10]
The graph of the function f(x)=-(x+6)(x+2) is shown

Which statement about the function is true ?

The function is decreasing for all real values of c where x=-4
8 0
4 years ago
Marjorie's Mugs sold 300 mugs last year for $20 each. Variable costs were $7 per mug and total fixed costs were $1,700. Marjorie
Anvisha [2.4K]

The total profit Marjorie's mugs are  = $2200

<h3>What is Variable cost?</h3>

Variable costs are expenses that alter as the volume of a good or service a company produces fluctuates. Marginal costs multiplied by the number of units produced make up variable costs. They can be regarded as typical expenses as well. Total cost is divided into two parts: fixed costs and variable costs.

<h3>What is fixed cost?</h3>

Fixed costs, also known as indirect costs or overhead costs, are expenses incurred by a firm that are independent of the volume of goods or services the business produces. They typically have a periodic nature, such monthly rent or interest payments. These expenses frequently also involve capital costs.

<h3>According to the given information:</h3>

Total mugs sold  = 300

mugs sold at = 20

variable cost = 7

total fixed cost = 1700

find the profit:

profit  = (300*(20-7) - 1,700)

         = $2,200

The total profit Marjorie's mugs are  = 2200

To know more about Variable cost visit:

brainly.com/question/27853679

#SPJ4

7 0
2 years ago
Robert became quite well-to-do as founder and president of Carlson Auto Paint and Supply, Inc. (CAPS). Now, he wants to start a
lesya692 [45]

Answer:

The answer is "1475,000".

Explanation:

Given:

n=6\ year \ \ \                        \text{because it start with 7 beginning year}  \\\\r=8\% = 0.08\\\\P= \$ 200,000

calculating the 6-year future value:

= \frac{\$200,000}{0.08} \\\\= \$2,500,000

Using formula:

\bold{PV=FV(1+r)^{-n}}

      =\$2,500,000(1+0.08)^{-7} \\\\  =\$2,500,000(0.59)\\\\=\$1475,000

3 0
3 years ago
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