EOQ<br> How do we calculate annual consumption?

Fern Co. has net income, before taxes, of $200,000, including $20,000 interest revenue from municipal bonds and $10,000 paid for

exis [7]

Answer:

Effective tax rate =28.50 %

Explanation:

given data

Net Income before taxes = $2,00,000

Interest revenue = $20,000

Life insurance Premium = $10,000

tax rate = 30%

to find out

Fern's effective tax rate

solution

first we get here Taxable Income that is express as

Taxable Income = Net Income before taxes + Life insurance Premium - Interest revenue ........................1

put here value we get

Taxable Income = $2,00,000 + $10,000 - $20,000

Taxable Income = $190000

so

Income tax Liability will be

Income tax Liability = Taxable Income × Tax rate .....................2

Income tax Liability = $190000 × 30%

so Effective tax rate will be

Effective tax rate = $\frac{Income\ tax\ Liability}{Net\ Income}$

Effective tax rate = $\frac{57000}{200000}$

Effective tax rate =28.50 %

3 0

3 years ago

The Science of Macroeconomics

Yuliya22 [10]

Answer:

Macroeconomics deals with events that affects the entire country or industry as a whole while Microeconomics affects individual members of the economy such as companies and people.

A. Congress recently passed the Tax Cuts and Jobs Act of 2017. MACRO

This Act will affect the entire nation so it will fall under Macroeconomics.

B. Amazon now has a 40% share of all e-commerce revenues. MICRO

Amazon is a single company in the market so things related to it will be considered on a micro economic level.

C. Tuition at the local university increased 11% from last year. MICRO

The local university like Amazon, is a single body in the economy and so they are a microeconomic player.

D. The U.S. unemployment rate fell below 4% in 2018. MACRO

The unemployment rate of a nation relates to the nation as a whole so this will fall under macroeconomics.

3 0

3 years ago

The spread or difference that results when product price exceeds average total cost determines

Illusion [34]

Profitability

these extra words are added to pad my precise answer with additional words so there will be enough more words

4 0

3 years ago

Ten opinions on "discipline and successful life"

weqwewe [10]

Answer:

Discipline is something which keeps everyone under good control. It motivates a person to go ahead in the life and get success. Every one of us has experienced discipline in different forms according to their own requirement and understanding towards life. It availability of it in everyone’s life is very necessary to go on the right path. Without discipline life becomes inactive and useless as nothing go according to the plan. If we need to implement our strategy in right way about any project to be completed, we need to be in discipline first. Discipline is generally of two types. One is induced discipline in which we learn to be in discipline by others and another one is self-discipline which comes from own mind to be in discipline. However sometimes, we need motivation from someone effective personality to improve our self-discipline habit.

We need discipline in many ways at many stages of our life so it is good to practice discipline from the childhood. Self-discipline means differently to different people such as for students, it means motivating ownself to get concentrated on the study and complete assignments in right time. However, for working person, it means to get up from bed on time in the morning, do exercise to get fit, go to office on time, and do job tasks properly. Self-discipline is highly required by everyone to have, as in modern time no one has time for others to motivate towards being in discipline. Without discipline one can be failure in the life, she/he cannot enjoy academic success or other success in the career.

Self-discipline is required in every field like dieting (it needs to control over fatty and junk foods), regular exercise (it needs to concentrate), etc. One can get health disorders and fatty body without control over food so it needs discipline. Parents need to develop self-discipline habits as they need to teach their kids a good discipline. They need to motivate them all time to behave well and do everything at right time. Some naughty children do not follow their parent’s discipline, in such cases parents need to have dare and patience to teach their naughty children. Everyone has different time and capacity to learn the meaning of discipline according to the nature. So, never give up and always try to get in discipline, as a small step can be converted to large step a day.

Explanation:

8 0

3 years ago

21. Outline two reasons for the fluctuation in the value of currencies.

antoniya [11.8K]

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hope it is helpful to you

Explanation:

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3 0

3 years ago

EOQ How do we calculate annual consumption?