All the following are good reasons for retirement plans except:   a. tax brackets   b. marginal tax rates   c. paying as much as you can in taxes, without paying more than required   d. regressive taxes

Q: Taco King produces tacos. The market for tacos is perfectly competitive, and the price is $2.00 a…

A: In competitive market there are many sellers and many buyers, each with no market power.

Q: Why does the user of an income statement need to know the time period that it covers?

A: Income statements are a record of all income received by an individual from different sources in…

Q: A defined Select one: plan offers a guaranteed level of retirement income. A. non-contributory B.…

A: Defined benefit plan: A defined benefit plan is a retirement plan in which the employer promises to…

Q: e government now spends over $700 billion a year on Social Security benefits. Why don’t we leave it…

A: Social security benefits provide some income for disabled individuals and their families and…

Q: How are the annual revenues and expenses estimated?

A: The annual revenue can be estimated by multiply the units of goods and services sold to the price…

Q: Dennis is planning to invest his money to earn more. He is willing to take a little risk by buying…

A: Dennis is want to buy income earning assets and he is ready to bear less risk . Then following…

Q: What is the purpose of a retirement plan and why does the government provide tax benefits to…

A: The objective of a retirement plan is to provide financial stability so that people can retire from…

Q: How do you calculate personal income before or after taxes?

A: Understanding how to determine the pre-tax income is critical when computing income tax returns or…

Q: :Pareto Chart: Read the problem carefully (Present Method) The manager arranged it to determine the…

A: The Pareto chart shows the frequency count of a data set that shows the area to focus on the first…

Q: What are some common examples of expenses?

A: To generate revenue, the business organizes many activities. The cost of doing these activities are…

Q: Should income from illegal activity/sources be as part of gross income?

A: INTRODUCTION  The issue of the tax collection from illicit source pay might appear to be far off,…

Q: how the third pillar of BSP Works?

A: The Bangko Sentral's primary goal is to preserve economic stability in order to promote healthy and…

Q: A firm that faces a downward sloping demand has two factories. The total cost of production in…

A: A firm with two factories has equilibrium where: Marginal revenue is equal to marginal cost of first…

Q: 1. Assume you have £300,000 worth of assets (W). This includes savings, property and your car. You…

A: Asset (W) = $300,000 Probability of accident of the car = 5% or 0.05 Market value of car = $40,000

Q: The W-4 tax form is used to determine how much your gross pay should be. avoid paying income taxes…

A: In an economy, taxation is considered as the complex economic system because it is different for…

Q: What type of professional is trained to help you save for retiremer O financial planner O auditor O…

A: A professional helps people to manage and plan the finances prudently. Such planning helps the…

Q: The value of savings is $390 and income is $650 Calculate APS

A: The information given to us:- Savings of household = $390 Income of household = $650 We have to find…

Q: What are other ways to invest in Real estate? Are they long term or short term?

A: Real estate refers to land and any physical property or structures that are permanently attached to…

Q: In a Şweezy Oligopoly (Kinked-demand) model, price stability can exist without collusion in an…

A: d. In a sweezy oligopoly market structure the key feature is rigidity of prices.

Q: how do you find the income before income taxes ?

A: A tax is a financial charge that a government levies on people or legal entities, like businesses,…

Q: Is Social Security expected to be around when you retire? Write a paragraph of at least 100 words…

A: Social security is defined as a federal program under which retirement benefits are provided to…

Q: How can small businesses get out of debt?

A: Small businesses need to have proper pplanning and management of cost and other factors. If there is…

Q: For credit card accounts, the interest rate is normally expressed as the Annual Percentage Rate.…

A: A credit card refers to a rectangular piece of plastic which is issues by a bank or a financial…

Q: What is the Deferred Savings Plan?

A: A  deferred savings plan is a plan  which allows the taxpayer to pay money in  the plan and  then…

Q: What are the importances of retirement planning?

A: There are several merits to retirement plans, and they can aid you for secure and safe life without…

Q: D)Refer to the graph above. If this monopolist were regulated by govemment agency and forced to set…

A: Since we only answer up to 3 sub-parts we will answer the first 3. Please resubmit the question…

Q: So what does it look like if it is right after the tax year?

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Q: What do experts consider the key to securing a long-term business loan?

A: A long-term business loan is kind credit facility that a business can avail in the long term. It can…

Q: 6. Tax systems and saving This question addresses the impact of saving on an economy by examining…

A: In First blank    Decreases Second blank   More Third blank      Substitute Fourth blank   Income…

Q: The value of savings is $250 and the income is $800 Calculate the value of APC

A: We are given the value of savings and income. So we can calculate APS by formula:- APS = S/Y  Then…

Q: What is the equilibrium price? Please round your answer to the nearest hundredth. What is the…

A: The market equilibrium refers to the situation where the market demand for a particular product is…

Q: affect the interest rate charged on loans.   a. Differences in the present value of loans   b.…

A: The cost of borrowing is defined by the rate of interest, which determines how much bigger the…

Q: What does the income statement summarize?

A: Income statement explains about the revenues and expenses so as to know the profit or loss…