A6.

Q: The toble shown displays the marginal tax rates that correspond to each taxable income bracket for…

A: First, let us calculate total taxes to be paid by both G and D. G's total taxes: First $10,000 @ 10%…

Q: PLS HELP ASAP ON BOTH

A: 1) The Index Exchange Traded Fund (ETF) is most likely to be passively managed. This is because ETFs…

Q: Using the above graph (assume RGDP amounts are in trillions of dollars), which policy would return…

A: Given multiplier = 4 Output gap = Actual output – potential output = 12 – 10 = 2 As there is…

Q: A corporation has a taxable income of $7,060,373.  At this income level, the federal income rate is…

A: Answer - 1 Below information Given,   A corporation has a taxable income of $7,060,373.    The…

Q: 20 According to the spreadsheet below, what tax rate would a married couple pay if their combined…

A: Given: Income tax brackets for different entities is mentioned for the year 2016.

Q: Sheryl's Shipping had sales last year of $16.500. The cost of goods sold was $7,800, general and…

A: a. What are earnings before interest and taxes (EBIT)?EBIT is calculated as follows:Therefore EBIT…

Q: Calculate the value of output if:- Net value added at factor cost = $200 Intermediate consumption…

A: The given information is as follows:- NVAFC = $200 Intermediate consumption = $120  Depreciation =…

Q: the following financial information related to XYZ Company. Total Revenues last year $970,…

A: * ANSWER :-    Based on the information related to XYZ Company the calculation of net income is…

Q: “Land” is not considered as a depreciable property. WHY?

A: In economics and business terms, depreciation refers to the decrease in the market value of any…

Q: Why does a corporation's state income tax cost depend on its marginal income tax rate for federal…

A: Income tax: It is an assessment paid by people or elements relying upon the degree of income or…

Q: B $37,000

A: Marginal tax rate is the amount of additional tax paid for every additional income earned.…

Q: Refer to Table A. If Randy has $80,000 in income, his average tax rate is (assume a standard…

A: As per given details:- If Randy has $ 80,000 income then tax will be like Taxable Income  = 80000 -…

Q: Andi Ltd manufactures hair products, which are standard-rated for VAT. The products are sold to Bart…

A: The objective of the question is to identify who will bear the cost of the Value Added Tax (VAT) on…

Q: 3. What is the major tax break for homeowners? Why does the tax benefit increase with income?

A: 3) A tax break is a type of tax benefit or a tax concession provided by the government to encourage…

Q: Joe and Mary are filing a joint tax return. Their combined taxable income is $130,000. How much do…

A: A tax levied by the government on the income earned by individuals, businesses, or other entities…

Q: Economics Question

A: (a) The graph illustrated above is a time series graph indicating the changes in the percentage of…

Q: Assume that a Japanese citizen decide to borrow 5000 JPY (Japanese Yen) in order to buy Mexican…

A: Many investors borrow money from one country and invest it in other country in order to earn profit.…

Q: Corporate directors owe fiduciary duties/obligations to the corporation and its shareholders".…

A: Certain obligations and tasks are associated with the post of director for a Private Limited…

Q: If net investment is given to bs as $200 million and the depreciation is $30 million Calculate the…

A: In an economy, the additional capital stock added in a given period of time is referred to be as net…

Q: The income received by persons from all sources in the form of factor income and current transfer…

A: According to the given question The current transfer payments are the payments which are generally…

Q: The following table shows income tax rates in Econoland. Annual Income Tax Rate Up to $50,000 10%…

A: Progressive income tax is a taxation system where the tax rate increases as the taxable income of an…

Q: Taxable Income $0-$9,700 $9,701-$39,475 $39,476-$84,200 $84,201-160,725 $160,726-$204,100…

A: it is given that, taxable income and tax rate

Q: If the gross investment in a year is $1000 and depreciation in a year is $50 then what is the value…

A: Net investment = Gross investment - Depreciation Gross investment = $1000 Depreciation = $50

Q: Calculate net value if gross is $42,000 and depreciation is $32,000?

A: According to question we are given that Gross =$42,000 depreciation =$32,000 net value has to be…

Q: The net distributable estate of Mrs. Sim, who died intestate, is 5,000,000. The surviving relatives…

A: As per the rules of intestacy, a person who dies without leaving a will is called an intestate…

Q: It refers to an annual decrease in value of physical properties with passage of time and use

A: Continuous use of machinery or other physical goods will cause wear and tear.

Q: According to IRS Publication 17, if you are single and have a taxable income of $70,021, how much…

A: According to IRS Publication 17, if you are single, then you are liable to file returns:- if you…

Q: Explain the difference between government purchases and transfer payments.

A: In an economy, the government makes different types of activities such as government spending money…

Q: Which term is used to describe the net value of one's accumulated assets? O a) income O b) capital…

A: Accumulated assets or asset accumulation is building wealth over time by earning, saving and…

Q: Government-imposed taxes cause reductions in the activity that is being taxed, which has important…

A: There are many sub-parts of the question. As per honor code, we can only provide solution of first…

Q: What would not result from replacing the income tax with consumption tax

A: This can be described as a concept that works as a tool for the central authority of the nation to…

Q: Question A An asset is sold to a non-connected party for R150 000. This asset was acquired two…

A: When an asset is sold for less than its tax value, the difference is called a recoupment. The…

Q: Calculate Your Taxes To find your net pay, you'll need to first calculate your taxes. Start period…

A: When a person receives his/her income, he/she has to pay a certain number of taxes that include…

Q: What is LIBOR? Why is it used as the lowest compute rate?

A: What is LIBOR? Answer: LIBOR stands for London interbank offer rate, It is the rate of interest…

Q: Why are sales taxes considered regressive?

A: Regressive tax system: A regressive tax is a tax that takes a larger percentage of income from…

Q: how did u get 0.92Y in the brackets ?

A: IS Curve: IS Curve shows different combination of the interest rate and the income level such at…

Q: The government implements a negative income tax plan with a guaranteed minimum income of $5,000 and…

A: Given:Guaranteed minimum income: $5,000Phase-out rate: 50%Taxable income threshold: $10,600Here's…

Q: Leno (married) had the following at the time of his death: What is the net taxable estate?

A: 1.At her death in 2015, Sarah was single (never married). In 2011, Sarah had made a taxable gift…

Q: Use the marginal income tax rates shown here to calculate the average tax rate on an income of…

A: Here, margin tax at different range of income is given. To find the average tax at $200,000, one…

Q: a. What is taxable income for the first year? I have the formula taxable income = gross income -…

A: Given:Gross income=$1,000,330Expenditure=$132,000Deductions=Qualified asset+Environmental tax…

Q: Discuss whether any of the following individuals are entitled to an office-in-home deduction: a…

A: Office-in-home deductions are claimed by taxpayers under certain conditions. The taxpayers should…