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Sergio [31]
3 years ago
6

Jamie is single. In 2020, she reported $108,000 of taxable income, including a long-term capital gain of $5,800. What is her gro

ss tax liability? (Round your answer to the nearest whole dollar amount.) (Use the tax rate schedules, long-term capital gains tax brackets.)
a. $19.478
b. $20143
c. $18,728
d. 516 200
Business
1 answer:
Harlamova29_29 [7]3 years ago
4 0

Answer:

$19,478

Explanation:

<u>Computation of tax liability</u>

i. Total income excluding LTC gain = 108,000 - 5,800 = 102,200

ii. Tax on 102,200 as per single tax schedule = 14605.5+((102200-85525)*24%) = 18607.50

iii. Tax on LTC gain at 15% = 5800 * 15% = 870

So, Gross Tax liability = $18607.50 + $870 = $19477.50 = $19,478

Note: As per Long term capital gain schedule

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According to the law of diminishing marginal returns rev: 06_26_2018 Multiple Choice total product will fall and then rise as ad
IgorLugansk [536]

Answer:

The correct answer is: the additional product generated by additional units of an input will eventually diminish.

Explanation:

The law of diminishing marginal returns states that with each additional unit of input employed the marginal product of each additional input will go on declining.

This is why the total product will increase at first but after reaching a certain point it will start declining. The total product will be maximum at the point where the marginal product is zero. When marginal product becomes negative the total product will decline.

8 0
2 years ago
Read 2 more answers
Do you have, or have you ever had test-taking anxiety? What strategies will you use to manage test anxiety?​
vazorg [7]

Explanation:

My test anxiety generally comes from a desire to do well. It usually accompanies the situation where I am not as prepared for the test as I would like to be, or where I have no idea what subject matter the test may cover.

__

My anxiety management strategy is to prepare for a test as well as I can in the time allotted, and detach from the outcome. In the case of specific subject matter tests (as opposed to "achievement" tests), a well-made test will be educational, so later questions help answer earlier ones. Paying attention to that possibility also manages test anxiety by letting me go back and correctly answer questions I might have missed.

__

One of the most effective techniques for managing test anxiety (beyond a decent level of preparation), is the use of Emotional Freedom Techniques (EFT), also known as "tapping." A few rounds of tapping on specific points on bodily energy meridians can greatly relieve stress and improve test performance. The process takes only minutes to learn and execute, and can be very effective. (Look up articles or videos on EFT Tapping.)

3 0
3 years ago
Smith Corporation makes and sells a single product called a Pod. Each Pod requires 2.4 direct labor-hours at $10.60 per direct l
kramer

Answer:

$585,120

Explanation:

The computation of Budgeted direct labor costs is shown below:-

Direct labor cost per pod = Direct labor required per pod x Direct labor rate

= 2.4 × $10.60

= $25.44

Budgeted direct labor costs incurred in June = Direct labor cost per pod × Produced pods

= $25.44 × 23,000

= $585,120

Therefore for computing the budgeted direct labor costs we simply applied the above formula.

4 0
2 years ago
Although they may be subtle, when considering forces for change, job dissatisfaction, absenteeism, and low productivity represen
Vera_Pavlovna [14]

The factors of absenteeism, low productivity, and job dissatisfaction when considering forces of change are collectively known as A. Human resource concerns.

<h3>What are human resource concerns?</h3>

These are all the related factors that affect the labor and workforce of an organization.

Some examples include job dissatisfaction, and low productivity. There are also issues of absenteeism amongst staff. These factors need to be considered when trying to instill change in the workforce.

In conclusion, option A is correct.

Find out more on human resources at brainly.com/question/10583893.

7 0
2 years ago
An acquisition premium is the amount by which the price offered for an existing business exceeds the Select one: a. amount paid
MAVERICK [17]

Answer:

d. pre-acquisition market value of the target company.

Explanation:

An acquisition premium is the amount by which the price offered for an existing business exceeds the pre-acquisition market value of the target company.

An acquisition premium gives the difference between the actual amount of money paid in acquiring a target firm and the estimated real value of obtaining the firm before the acquisition.

Acquisition premium are usually recorded on the balance sheet as "goodwill."

8 0
3 years ago
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