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2 years ago

Nathan is a sales rep who, based on last year, averaged $2,200 of monthly commission before taxes. He should include

Business

1 answer:

Ray Of Light [21]2 years ago

7 0

False, Nathan should not include this in his budget.

When budgeting, there are several things that one should include such as:

net income
debt repayments
food
utilities
insurance
savings and others

Notice how one should include their net income not their gross income. Net income is what comes after tax and this is the disposable income that a person has and can spend from.

In conclusion, Nathan should only include his net income and as this commission is before taxes, he should not include it.

Find out more at brainly.com/question/17474938.

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Some economists believe that permanently lower marginal income tax rates __________ the incentive to work and thus shift the ___

gtnhenbr [62]

Answer:

The answer is "increase; LRAS curve to the right".

Explanation:

The curve LRAS represents the flow between all the level of wages and economic GDP supplied because all prices are fully flexible, also with nominal salaries; its cost may change all along LRAS, however, the output cannot, as it represents the complete output of workers, that's why the several economists say that lower marginal rate consistently increases the motivation to work, shifting the LRAS curve to the left.

6 0

2 years ago

Which of the following is not a cost created by high inflation? A. Inflationary impacts are not distributed evenly across the

dybincka [34]

Answer:

The correct answer is the option A: inflationary impacts are not distributed evenly across the population, therefore, inflation causes the economy to redistribute income across households.

Explanation:

To begin with, inflation is the name that receives, in an economic field, the term that refers to the situation where the economy of a country decreases its purchasing power per unit of money causing a loss of real value in the unit of exchange. Moreover, it affects the economy in many negative ways, such as the reductions of the real value of the wages, causing a more difficult situation for the people to buy the primary groceries. Furthemore, it also increases the opportunity cost of holding money, causing to discourage investment and savings.

Therefore, that it is understandable that the correct answer is the option A, due to the fact that a high inflation do not cause a redistribution in the income of the economy to the households, actually it causes the whole oppositve impact.

7 0

2 years ago

Presented below are two independent cases related to available-for-sale debt investments. Case 1 Case 2 Amortized cost $41,640 $

netineya [11]

Answer:

Case 1 = $9,420

Case 2 = 0

Explanation:

Determining the amount of impairment loss is given below:-

Case 1

Impairment loss = Amortized cost - Fair value

= $41,640 - $32,220

= $9,420

Case 2

Impairment loss = Amortized cost - Fair value

= 91,800 - $102,220

= 0

Since, the fair value is higher than Amortized cost so the value of Impairment loss in case 2 is 0.

5 0

3 years ago

(last word) based on economic theory and research on tuition costs and student borrowing, the best way to reduce tuition costs f

Rina8888 [55]

Answer:

Increase Subsidies for student loans.

Explanation:

By increasing subsidies on student loan, student can acquire higher loans to pay off tuition fees because they are sure of paying back less loan and lesser interest on the loans.

7 0

2 years ago

Andrew Industries purchased $166,000 of raw materials on account during the month of March. The beginning Raw Materials Inventor

KatRina [158]

Answer:

$33,200= ending inventory

Explanation:

Giving the following information:

Andrew Industries purchased $166,000 of raw materials.

The beginning Raw Materials Inventory balance was $22,200, and the materials used to complete jobs during the month were $141,900 of direct materials and $13,100 of indirect materials.

To calculate the ending inventory, we need to use the following formula:

Raw materials used= beginning inventory + purchases - ending inventory

141,900 + 13,100= 22,200 + 166,000 - ending inventory

155,100= 188,000 - ending inventory

33,200= ending inventory

4 0

2 years ago