Answer:
you gave no answers to chose from. i would say using your fingers is not a good way to track your spending.
Explanation:
Answer:
Explanation:
tax rate applicable for the year 2017 for married people filing separately is 28% + 14693.75 for taxable income pver $75600.
total tax = $80000 + $30000 = $110000
marginal rate = (total tax at $110000 - total tax at $80000)/($110000 - $80000)
= [(28%(110000 - 75600) + 14693.75) - 28%(80000 - 75600) + 14693.75)]/(110000 - 80000)
= ($24325.75 - 15925.75)/(110000 - 80000)
= 28%
Answer:
Explanation:
Larry manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash. On payday, he immediately goes out and buys as many goods as he can for himself for the next two weeks in order to prevent the money in his wallet from losing value. What he can't spend, he converts into a more stable foreign currency for a steep fee. This is an example of the of shoe-leather costs inflation as shoe-leather costs refer to the time and effort people take to minimize the effect of inflation on the eroding purchasing power of money. As larry made a decision for stocking goods for use for 2 weeks, it prevents him to fight against inflation as there is so much costs involved to earn such money and then fight against inflation
Answer:
b
Explanation:
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When they are incurred, whether or not cash is paid.
This is different from the cash method of accounting which records transactions when things are sold for cash or expenses are paid in cash.