Alex should choose Option 3, as it provides the highest present value of the three options. The balance of funds after the last payment was made on December 31, 2027 is $232,608.
The present value of Option 1 is $80,000. The present value of Option 2 is $76,637.13 and the present value of Option 3 is $83,318.48. Therefore, Alex should choose Option 3, as it provides the highest present value of the three options.
So you can clearly see the difference between the two. The formula for compound interest is:
Final value = initial value x (1 + interest rate) ^ power of number of periods. Simply put, the formula is of the form Na = Nt (1+i)^n.
final value = $155,000 x (1 + 0,07) ^5final value = $155,000 x (1 + 0,07) ^5final value = $155,000 x 1,5007final value = $232,608The balance of funds after the last payment was made on December 31, 2027 is $232,608.
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What does deficit spending require a government to do?
lay off workers
cut taxes
take on debt
hire more workerscy
Answer:
c. TAKE ON DEBT
Explanation:
A deficit spending require a government to: C. take on debt.
What is deficit spending?A deficit spending can be defined as a situation in which the expenditure of government exceed the amount of money generated as revenues over a fiscal period.
This ultimately implies that, deficit spending typically occurs when government's expenditure is greater than its revenue over a specific period time.
Consequently, government tends to resort to borrowing or taking debt when there is deficit spending in its budget.
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In macroeconomics, the connection from inputs to outputs for the entire economy is called _______________.
Answer:
an aggregate production function. Hope it helps!
(this might sound like a silly question)
How have stuffed animals changed our lives? (make our lives better)
Having stuffed animals have indeed changed human lives and made them better by providing them with a sense of comfort and security.
What are the benefits of stuffed animals?Stuffed animals seem to have become an integral part of the lives of children as they are seen as companions and playthings by these children to keep from being bored and to have another source of friendship.
Stuffed animals are not limited to helping children alone however, because there are adults who enjoy having the company of stuffed animals for a variety of reasons ranging from cuddling to proof of affection from a loved one.
Some might think that it is silly to assume that stuffed animals have made human life better but they would be wrong. Research has shown that people who use stuffed animals feel a sense of comfort and safety when they are around these animals which is hugely important.
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business reports are always presented in writing or orally, but they are not presented digitally.
This statement is not entirely true in today's digital age. While business reports were traditionally presented in writing or orally, the use of technology has allowed for reports to be presented digitally as well.
Digital reports can be created using various software applications such as Microsoft Excel, PowerPoint, and Word. These reports can be accessed and presented through electronic devices such as computers, tablets, and smartphones. Digital reports also allow for easy sharing and collaboration among team members. Therefore, it is safe to say that business reports can be presented in various formats, including digital, depending on the specific needs and requirements of the organization.
Business reports are crucial for conveying information and analysis to stakeholders. While it is true that reports can be presented in writing or orally, it is a misconception to assume they are not presented digitally. In today's digital era, business reports are often shared through electronic mediums such as email, collaborative platforms, or presentation software like PowerPoint. Digital presentation enables easy dissemination, quick updates, and remote access to information, making it a preferred method for many businesses. In conclusion, business reports are not limited to just written or oral forms; digital presentation is a prevalent and effective means of communication.
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factorise the following3x^2-18 +24
Answer:
it's 3(x^2-2) bcoz -18-24= -6 and 3 is divisible into 6 twice
the second stage of event planning is the stage and allows for the freedom in creativity and the implementation of new ideas that support
The second stage of event planning is the design stage income and allows for the freedom in creativity and the implementation of new ideas that support the event's objective.
Event planning is the art of organizing an event such as a conference, festival, ceremony, party, or meeting. It involves identifying the target audience, coming up with a theme, coordinating logistics, planning speakers or entertainers, arranging decorations, and conducting evaluations. It necessitates a lot of collaboration and coordination. The planning phase is the most critical stage of event planning. It includes a variety of tasks that are divided into different phases. They are as follows:1. Initiation Stage: This stage is used to define the project's objectives, priorities, and feasibility. It identifies what is required to achieve the objective, assesses the resources available, and identifies any limitations.2. Design Stage: This stage allows for the freedom in creativity and the implementation of new ideas that support the event's objective. It includes establishing the event's theme, determining the venue, deciding on the décor, and selecting the menu, among other things.3. Planning Stage: This stage is used to develop a comprehensive plan that includes all of the necessary details. It entails organizing schedules, staffing, registration, transportation, food, and other details that will contribute to a successful event
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You are the head of sales training for a major financial services firm in New York City. You are conducting a sales training class for a group of new trainees. You are a strong believer in using a structured approach to personal selling. Based on this information, which of the following personal selling process steps are you going to tell the trainees to perform first?
a. Develop a database of potential customers.
b. Develop an engaging sales presentation.
c. Practice closing the sale.
d. Develop a prospect follow-up checklist.
e. Analyze information about potential customers' needs.
Answer:
a. Develop a database of potential customers.
Explanation:
Analyzing the scenario of the question above, it can be understood that, a sales training manager who believes in a structured approach to personal sales as the best option, the ideal would be to tell trainees to perform the stages of the personal sales process first. will tell trainees to first develop a database of potential customers.
Because the first step in the personal selling process is prospecting for customers, so a database of potential customers will be the most structured process for prospecting potential customers and then reach the other stages of the sales process in an organized and effective way.
transferable skills necessary for successful employment include a:basic skills b:thinking skills c:personal quality d: all of the above
The correct answer is D. All of the above
Explanation:
Skills that can be used in multiple jobs or contexts are known as transferable skills. This category of skill covers many types of skills including basic skills such as teamwork, communication or problem-solving; personal quality skills such as honesty, empathy, or ethics; and thinking skills such as making decisions or organizing information. Moreover, these are all transferable skills because it is likely an individual requires these skills despite his profession or role. For example, both a doctor and a secretary might face challenges that require them to make decisions (thinking skill), use ethics to make the best decision (personal quality), and communicate this decision to others (basic skill.)
Where is the loss on disposal of a plant asset reported in the financial statements?
The income statement's Other Expenses and Lost subsection is where the loss from selling a plant asset is disclosed in the financial accounts.
What do costs and expenses mean?Although costs and expenditures are related ideas that are occasionally used interchangeably, there are certain distinctions that organizations should take into account. An expense is a recurring expense, such as the pay of an employee or the rent for a shop location, whereas a cost normally refers to the amount paid to purchase an item.
What does expenditure serve?An expenditure is stated as an inflow of funds or assets made to another person or business to cover the cost of a good or service. With Sum Up Invoices, you can make attractive invoices for nothing. An expenditure is a cost incurred by a business that is disbursed to suppliers or used to pay for goods from other sources.
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In a household, a business is run for an average of 6 hours per day. the total power consumed by a computer and its printer is 215 watts. in addition, a 75-w light bulb runs during the same 6 hours. if their utility charges 11.75 cents per kwh, how much do the owners pay every 30-days?
Answer:
$6.13
Explanation:
total electricity consumed per hour = 215 watts (computer + printer) + 75 watts (lights) = 290 watts per hour
total electricity consumed per month = 290 watts x 6 hours x 30 days = 52,200 watts = 52.2 kwh
monthly electric bill associated to the business = 52.2 kwh x $11.75 = $6.1335 ≈ $6.13
the amount that the owners will pay every 30-days is $6.13.
Here, we are to calculate the amount that the owners will pay for electricity every month.
The total electricity consumed per hour equals watt of Computer&Printer + Light wattTotal electricity consumed per hour = 215 watts + 75 watts
Total electricity consumed per hour = 290 watts per hour
Total electricity consumed per month = Total electricity consumed per hour * 6 hours * 30 daysTotal electricity consumed per month = 290 watts x 6 hours x 30 days
Total electricity consumed = 52,200 watts
Total electricity consumed = 52.2 kwh
Monthly electric bill = Total electricity consumed * Utility charges per kwh
Monthly electric bill = 52.2 kwh x $11.75
Monthly electric bill = $6.1335
Monthly electric bill = $6.13
Therefore, the amount that the owners will pay every 30-days is $6.13.
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Who was considered the father of the modern assembly line?.
A performance evaluation system can create a conflict of interest between what is best for a manager and best for the organization and its owners, which is called
A performance evaluation system can create a conflict of interest between what is best for a manager and best for the organization and its owners, which is called an agency problem.
An agency problem arises when there is a conflict of interest between the goals and objectives of the principal (the organization and its owners) and the agent (the manager). The principal wants the agent to act in their best interest, but the agent may have their own personal interests and may not always act in the best interest of the principal. This can lead to a conflict of interest and can have a negative impact on the performance of the organization. To minimize the potential for an agency problem, it is important to have clear and effective communication, alignment of incentives, and proper oversight and accountability.
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Lacy Daniels just graduated from college
and has a full time job. Lacy travels
frequently for work but wants to stay in
shape and exercise when she is home. A
local gym offers a rate of $12 for a day
visit or $90 for a month membership.
Part 1: Which plan is a better choice for
Lacy and explain why?
For Lacy, the better choice would be to opt for the month membership plan at $90 rather than the day visit plan at $12.
By choosing the month membership plan, Lacy will be able to save money in the long run and have greater flexibility in her fitness routine. Here's a breakdown of the reasons why the month membership plan is the better choice:
Cost-effectiveness: The day visit plan costs $12 per visit, and assuming Lacy exercises three times a week, it would amount to $144 per month. In comparison, the month membership plan costs $90, providing a significant cost advantage.Flexibility and Convenience: With a month membership, Lacy can visit the gym as often as she wants within the month without any additional charges. This allows her to establish a consistent exercise routine and have the freedom to go whenever it suits her schedule. On the other hand, relying on day visits may lead to additional planning and potential extra costs if she needs to visit the gym frequently.Long-term Commitment: If Lacy plans to continue exercising and staying in shape for an extended period, the month membership plan offers better value. It allows her to enjoy the benefits of the gym consistently without having to worry about daily charges.Access to Facilities and Amenities: Most gyms offer additional facilities and amenities to their members, such as group classes, personal trainers, and locker rooms. With a month membership, Lacy can take advantage of these amenities and fully explore the offerings of the gym.In conclusion, the month membership plan provides Lacy with cost savings, flexibility, and long-term commitment benefits, making it the better choice for her fitness needs.
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How cost-benefit analysis helps government?
Cost-benefit analysis is similar to what market forces do for government ventures, this makes an effort to review and analyze the discounted streams of future benefits and costs associated with a proposed project in terms of money.
What is the cost-benefit analysis?Cost-benefit analysis can be used to assess the costs and benefits of interventions when both are expressed in monetary terms.
Concept symbol Cost-benefit analyses (CBA) and CEA consider health outcomes.
The net present value (NPV), economic rate of return (ERR), and benefit-cost ratio are three suggestive criteria that can be used in a cost-benefit analysis to determine the economic sustainability of a safer school IPF before the project is implemented.
Cost-benefit analysis has been employed as one technique.
This makes an attempt to evaluate and analyze the discounted streams of future benefits and future costs connected with a proposed project in terms of money, much like the forces of the market do for business initiatives.
Therefore, cost-benefit analysis is similar to what market forces do for government ventures, this makes an effort to review and analyze the discounted streams of future benefits and costs associated with a proposed project in terms of money.
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When you start at a new job, what are two documents that you will fill out?.
Answer:
I-9Form of identification or financial form(e.g. direct deposit form, benefits enrollment form, W-4)The anthropocentric job design approach places emphasis on:
a. engineering considerations.
b. union-management cooperation.
c. work-group and team skills.
d. good social support systems.
The anthropocentric job design approach places emphasis on good social support systems (option d).
The anthropocentric job design approach places emphasis on good social support systems. This approach focuses on the human aspect of work, prioritizing employees' needs, well-being, and satisfaction in the work environment. By doing so, it aims to create a positive and productive workplace that fosters employee engagement and motivation.
Good social support systems are an essential component of this approach, as they help employees to effectively cope with the demands of their job and maintain their overall well-being. These systems may include:
1. Communication channels: Providing open, transparent, and accessible channels of communication allows employees to voice their concerns, offer suggestions, and foster a sense of belonging within the organization.
2. Team collaboration: Encouraging teamwork and cooperation helps employees to build strong working relationships, which can result in improved job satisfaction and better work outcomes.
3. Supervisor support: Managers play a crucial role in fostering a supportive environment. Providing guidance, feedback, and resources enables employees to perform their tasks effectively and develop professionally.
4. Work-life balance: Implementing flexible work arrangements, such as remote work or flexible hours, can help employees manage their personal and professional responsibilities, reducing stress and improving well-being.
5. Employee assistance programs (EAPs): Providing access to mental health support, financial advice, or other services can help employees address any challenges they may face, promoting their well-being and job satisfaction.
In conclusion, the anthropocentric job design approach emphasizes good social support systems to create a work environment that values human needs, ultimately leading to higher employee satisfaction, increased productivity, and a more successful organization. The correct option is d) good social support systems.
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Sky Co. employed Tom Mills in Year 1. Tom earned $5,300 per month and worked the entire year. Assume the Social Security tax rate is 6 percent for the first $130,000 of earnings, and the Medicare tax rate is 1.5 percent. Tom's federal income tax withholding amount is $930 per month. Use 5.4 percent for the state unemployment tax rate and 0.6 percent for the federal unemployment tax rate on the first $7,000 of earnings per employee. Assume that instead of $5,300 per month Tom earned $11,600 per month. Based on this new level of income Tom's new federal income tax withholding is $2,000. What is Tom's net pay? (Round your answers to 2 decimal places.) Assume that instead of $5,300 per month Tom earned $11,600 per month. Based on this new level of income Tom's new federal income tax withholding is $2,000. What amount does Tom pay monthly in FICA payroll taxes? (Round your answers to 2 decimal places.) Assume that instead of $5,300 per month Tom earned $11,600 per month. Based on this new level of income Tom's new federal income tax withholding is $2,000. What is the total payroll tax expense for Sky Co. for January, Year 1 ? February, Year 1? March, Year 1? December, Year 1? (Round your answers to 2 decimal places.)
Tom's net pay at $5,300 per month is $3,856.70.
At $11,600 per month, his net pay is $8,874.83. Tom pays $386.70 in FICA payroll taxes monthly.
To calculate Tom's net pay, we need to consider various deductions and taxes.
At $5,300 per month:
- Social Security tax: Tom's earnings fall within the first $130,000 threshold, so the tax rate of 6% applies. The annual Social Security tax would be $5,300 * 12 * 6% = $3,816.- Medicare tax: The rate is 1.5% for the entire earnings amount. The annual Medicare tax would be $5,300 * 12 * 1.5% = $954.
- Federal income tax withholding: The amount is given as $930 per month, so the annual withholding is $930 * 12 = $11,160.
Total deductions for Social Security, Medicare, and federal income tax withholding sum up to $3,816 + $954 + $11,160 = $15,930.
Tom's net pay at $5,300 per month is $5,300 * 12 - $15,930 = $63,240 - $15,930 = $47,310. Divide this by 12 to get the monthly net pay: $47,310 / 12 = $3,942.50. Rounded to two decimal places, his net pay is $3,856.70.
At $11,600 per month:- Social Security tax remains the same since it applies to the first $130,000 of earnings.
- Medicare tax: The annual Medicare tax would be $11,600 * 12 * 1.5% = $2,484.- Federal income tax withholding increases to $2,000 per month, so the annual withholding is $2,000 * 12 = $24,000.
Total deductions for Social Security, Medicare, and federal income tax withholding sum up to $3,816 + $2,484 + $24,000 = $30,300.
Tom's net pay at $11,600 per month is $11,600 * 12 - $30,300 = $139,200 - $30,300 = $108,900. Divide this by 12 to get the monthly net pay: $108,900 / 12 = $9,075. Rounded to two decimal places, his net pay is $8,874.83.
The FICA payroll taxes for Tom can be calculated as follows:
- FICA tax = Social Security tax + Medicare tax - At $5,300 per month: $3,816 + $954 = $4,770
- At $11,600 per month: $3,816 + $2,484 = $6,300
Rounded to two decimal places, Tom pays $386.70 in FICA payroll taxes monthly.
For the total payroll tax expense for Sky Co. in different months of Year 1:- January: Multiply the FICA tax by the number of employees to get the total. No employee count is provided.
- February: Same as above, no employee count is provided.- March: Same as above, no employee count is provided.
- December: Same as above, no employee count is provided.
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A firm has an average accounts payable of $73,763. 00, with COGS reported at $804,902. 00 for the past year. A supplier has offered the firm a large discount if they can reduce days payable to 7 days. What would be the average accounts payable if they take this discount?
By dividing the total (ending or average) accounts payable by the daily payment amount, as given in the formula, the DPO is determined (or per quarter or per month).
DPO = Cost of Goods Sold x Days x Accounts Payable
Accounts Payable (AP): This term denotes the overall state of a business's accounts payable. While some companies base their DPO calculations on the account balance at the conclusion of the relevant period, others might use the average amount of account payable for the relevant period.
Days: This refers to the number of days in the accounting period, which is either 90 days for a quarter or 365 days for an entire year.
Costs of Goods Sold (COGS): This is the price a company pays to make a product.
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one of the reasons wages may be sticky is because of A. imperfect information. B. friedman's curse.C. inefficiency wages. D. the phillips curve.
The reason wages may be sticky is because of option C: inefficiency wages. The correct answer is option c.
Inefficiency wages refer to the concept that employers may pay wages above the market-clearing level to motivate and retain workers. This theory suggests that higher wages can lead to increased worker productivity, reduced turnover, and improved worker morale.
By offering wages above the equilibrium level, employers can attract and retain more skilled and motivated workers, which can ultimately benefit the company's performance.
Wage stickiness can occur when employers are hesitant to reduce wages even in the face of economic downturns or decreased labor demand. This reluctance may stem from concerns about the negative impact of wage cuts on employee morale, productivity, and quality of work. Therefore, wages remain "sticky" or resistant to adjustment downward.
While the other options mentioned (A: imperfect information, B: Friedman's curse, and D: the Phillips curve) can also have influences on wage determination and stickiness, inefficiency wages specifically address the idea that wages may be deliberately set above market-clearing levels for various productivity and retention reasons.
The correct answer is option c.
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What is NOT an advantage of being an entrepreneur?
Answer: Disadvantages include a lack of guarantee of success and the heightened responsibility of owning a business
Answer:
The advantages of entrepreneurship include the ability to shape one's own business, control of one's own working habits, and significant stock in the venture. Disadvantages include a lack of guarantee of success and the heightened responsibility of owning a business.
Explanation:
3. How would the length of the shadow at noon compare with the length of the shadow in the late afternoon?
In the morning your shadow will point west and in the afternoon it will point east. If your shadow is long, it is near sunrise or sunset. Your shadow is shortest around noon
The length of the shadow at noon would is quite different from the length of shadow in late afternoon.
What is Shadow?A shadow is a dark spot that is created when light is blocked.
The light could be blocked by an object thereby creating a shadow.
The length of shadow varies depending on the angle of the light.
Therefore, the length of the shadow at noon would is quite different from the length of shadow in late afternoon.
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Jackie has determined some possible careers that would suit her include being a photographer, a graphic artist, a web designer, or a visual merchandiser. What is the next step Jackie should take in the decision-making process? a. Analyze resources b. Make a decision c. Define wants and needs d. Gather information Please select the best answer from the choices provided A B C D.
The correct statement is that the next step to be taken by Jackie should be analyzing the resources available in his hands for decision-making of his career. So, the correct option is A.
The analysis of resources can be done by following the process of carefully taking into consideration, the resources that are accessible by Jackie during the entire course of pursuing the career.
What is a decision-making process?A decision-making process is used for deriving at conclusion after taking into consideration the plans, options and the resources that are favorable for accomplishments of such task.
The next step that is to be taken in the decision-making process is to analyze the resources that can be accessed by such person so that a conclusion is derived.
In the case of Jackie, he must take into account the resources that he has for deciding his careers like admission fee, infrastructure, knowledge of the field, etc. and decide the most favorable field.
Hence, the correct option is A that the next step to be taken by Jackie should be analyzing the resources available in his hands for decision-making of his career.
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Answer: D
Explanation:
I took the test and selected A and got it wrong. D. gather information
Super Value Store has a commercial general liability policy written with a general aggregate limit of $300,000 and an occurrence limit of $100,000. A customer injured on the premises was awarded $45,000 for medical expenses and loss of earnings, and $60,000 for pain and suffering. The court costs and attorney fees were $15,000. How much will the CGL policy pay?
Answer:
$115,000
Explanation:
The computation of the amount paid is as follows:
= Occurrence limit + court cost & attorney fees
= $100,000 + $15,000
= $115,000
Hence, the amount paid by the CGL policy is $115,000
It could be come by applying the given formula in order to get the correct value and the same is relevant too.
compare and contrast reference theory of meaning and idea theory of meaning
Explanation:
Reference theory of meaning is a philosophical thought that believes the meaning of a word or acronym is doing in what it points out in the world. But the idea theory of meaning feels the meaning of a word or acronym lies in the group it represents.
For example, the meaning of the term would be seen as relating to illnesses and viruses as well as number of years from the point of view of idea theory of meaning. While the reference theory of meaning would allude the meaning using proper reference to the illness (Coronavirus) that caused the disease.
Tests show that consumers generally tend to agree on the strength and sweetness of various fragrances but that they are far less likely to agree regarding preference for fragrances. Suppose that 35 customers were randomly selected and tested regarding their preference for a given fragrance over another. a. Assume that there is no difference in preference regarding the two fragrances. Then the proportion of consumers in the population who would prefer a given fragrance is π=.5. What is the probability that less than 15 of the 35 consumers would prefer a given fragrance? b. What is the probability that less than 25 of the 35 consumers sampled would prefer a given fragrance? c. Under what assumption(s) are the probabilities obtained in parts (a) and (b) valid?
a. The probability that less than 15 out of 35 customers prefer a given fragrance is approximately 0.0179.
b. The probability that less than 25 out of 35 customers prefer a given fragrance is approximately 0.9999.
c. The probabilities obtained in parts (a) and (b) are valid under the assumption that the sample of 35 customers is a random sample from a population of customers who have no difference in preference for the two fragrances.
How to calculate probabilityThis is a problem in binomial probability distribution.
Let X be the number of customers who prefer a given fragrance out of n = 35 customers.
Assuming no difference in preference for the two fragrances, the probability of a customer preferring a given fragrance is π = 0.5.
To find the probability that less than 15 out of 35 customers prefer a given fragrance. Using the binomial probability formula
\(P(X < 15) = Σ [nCx * π^x * (1-π)^(n-x)] for x = 0 to 14\)
where
nCx is the number of ways to select x items out of n,
\(π^x\) is the probability of x successes, and
\((1-π)^(n-x)\) is the probability of (n-x) failures.
P(X < 15) = 0.0179
Therefore, the probability that less than 15 out of 35 customers prefer a given fragrance is approximately 0.0179.
To find the probability that less than 25 out of 35 customers prefer a given fragrance. Using the same formula as in part (a), we have:
\(P(X < 25) = Σ [nCx * π^x * (1-π)^(n-x)] for x = 0 to 24\)
Using a binomial probability table or a calculator, we have
P(X < 25) = 0.9999
Therefore, the probability that less than 25 out of 35 customers prefer a given fragrance is approximately 0.9999.
The probabilities obtained in parts (a) and (b) are valid under the assumption that the sample of 35 customers is a random sample from a population of customers who have no difference in preference for the two fragrances. Furthermore, the assumptions of independence and constant probability of success (π) for each customer must be met.
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Other things equal, along the aggregate demand curve, a higher price level is associated with.
A) an increase in the quantity of real GDP demanded.
B) a decrease in the quantity of real GDP demanded.
C) a decrease in the quantity of nominal GDP demanded.
D) higher income levels.
Other things equal, along the aggregate demand curve, a higher price level is associated with B) a decrease in the quantity of real GDP demanded.
Other things equal, along the aggregate demand curve, a higher price level is associated with a decrease in the quantity of real GDP demanded. This is due to the fact that as prices increase, the purchasing power of consumers decreases, leading to a reduction in consumption spending. This, in turn, leads to a decrease in aggregate demand and a decrease in the quantity of real GDP demanded.
When other things are equal, along the aggregate demand curve, a higher price level results in a decrease in the quantity of real GDP demanded. This is because as the price level increases, the purchasing power of money decreases, leading to a lower level of spending and, consequently, a decrease in the quantity of real GDP demanded.
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what is the income flow associated with labour?
Answer:
Explanation:
Factor income is the flow of income that is derived from the factors of production ,the general inputs required to produce goods and services. Factor income on the use of land is called rent, income generated from labor is called wages, and income generated from capital is called profit.
Susan Sleugh earns $89,079 annually. Income tax is charged using the following information: 1.11% on on first $45225 of taxable income 2.13% on next $83989( over $ 45225 upto $129.214) 3. 15% on $129.214 Calculate the annual income tax payable.
Susan Sleugh earns $89,079 annually. Income tax is charged using the following information: 1.11% on the first $45225 of taxable income, 2.13% on the next $83989( over $ 45225 up to $129.214), and 15% on $129.214. Susan Sleugh's total tax payable is $-3526.60.
For income below $45225, the rate of tax is 1.11%. Therefore the amount of tax that Susan has to pay for the income below $45225 is:1.11/100 × 45225 = $501.28
Next, for the next $83989( over $ 45225 up to $129.214) the rate of tax is 2.13%. Therefore, the amount of tax that Susan has to pay for this amount is 2.13/100 × 83989 = $1791.27Now, for the amount above $129.214, the rate of tax is 15%.
Therefore, the amount of tax that Susan has to pay for the amount above $129.214 is:15/100 × (89079 - 129214) = -$5829.15. Hence, her total tax payable for the year is Total tax payable = $501.28 + $1791.27 - $5829.15= -$3526.60. Susan Sleugh's total tax payable is $-3526.60.
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What do you already know about different types of economic systems?
Explanation:
what do you Larry knok about
In the last paragraph, you need to compare your
country's government with what you know about the US
government.
Write your final paragraph in this space.
The government of my country is vastly different from the US government. In my country, the government is a unitary system, meaning that the power and authority are concentrated in a central government.
What is the comparison of our country's government with what you know about the US government?
Our government is a constitutional monarchy, with Queen Elizabeth II as the Head of State. The government is headed by a Prime Minister who is chosen by the majority party in the House of Commons. The US government is a federal republic, with the President as the Head of State. The government is headed by the President, who is elected by the people in a general election. Both governments have a bicameral legislature, consisting of an upper and lower house. Both countries have a system of checks and balances, where the executive, legislative, and judicial branches are equal. Additionally, both countries have a judicial system to uphold the rule of law. However, the US is a republic and the UK is a monarchy, so there are some differences in terms of how their respective governments are organized.
So, These were the comparison of our country's government with what you know about the US government.
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