you earn a salary of $105,000 from your current employer and have taxable income of $80,000. you have gotten a job offer from a rival company, offering to pay you $120,000. using the tax brackets in the table below and assume all else stays the same. (round to the nearest dollar, if necessary) table: 2020 federal income tax brackets tax rate taxable income bracket tax owed 10% $0 to $9,875 10% of taxable income 12% $9,876 to $40,125 $987.50 plus 12% of the amount over $9,875 22% $40,126 to $85,525 $4,617.50 plus 22% of the amount over $40,125 24% $85,526 to $163,300 $14,605.50 plus 24% of the amount over $85,525 32% $163,301 to $207,350 $33,271.50 plus 32% of the amount over $163,300 35% $207,351 to $518,400 $47,367.50 plus 35% of the amount over $207,350 37% $518,401 or more $156,235 plus 37% of the amount over $518,400 (use commas when entering your answer) a. what will be your federal income tax obligation if you take the new job? $ b, what will be your new income, after taxes? $ c. what is your increase in after-tax income, with the new job? $

Answers

Answer 1

We must first identify which tax band the taxable income is in in order to compute the federal income tax due under each scenario.

How can it be explained in detail?

The tax due for the present work with an income of $80,000 is determined as follows:

$9,875 × 10% = $987.50 \s($40,125 - $9,875) × 12% = $3,630 \s($80,000 - $40,125) × 22% = $8,163.50

$987.50 + $3,630 + $8,163.50 = $12,781 in total tax is due.

The taxable income will be greater for the new employment with the $120,000 compensation. Calculating the tax due is as follows:

$9,875 × 10% = $987.50 \s($40,125 - $9,875) × 12% = $3,630 \s($85,525 - $40,125) × 22% = $10,577.50 \s($120,000 - $85,525) × 24% = $8,094

$987.50 + $3,630 + $10,577.50 + $8,094 = $23,289 in total tax is owed.

Thus, the new job's federal income tax due would be $23, 289 dollars.

The tax liability is subtracted from the pay to determine the new income after taxes:

$120,000 - $23,289 = $96,711

Hence, $96,711 would be the new income following taxes.

The increase in after-tax income due to the new employment is determined by deducting the prior after-tax income from the present after-tax income as follows:

$96,711 - $67,219 = $29,492

Thus, the additional after-tax income from the new position would be $29,492.

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Related Questions

What is trade between different countries called?

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International Trade is the term used to describe trade between nations.

What does it mean to trade internationally?

The exchange or trading of products and services among several nations is referred to as international trade. Trade of this nature strengthens and expands the global economy.

Which four categories of international trade are there?

Inter-firm commerce, intra-industry trade, firm-to-firm trade, and industry-to-industry trade are examples of the various forms of international trade. Importing or exporting products and services is a component of each of these categories of international trade. The range and approaches taken by the different trades are the only things that differ.

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if consumption is $7 trillion, wages $10 trillion, interest $1 trillion, rental income $1.5 trillion and profits $2 trillion, what is the value of the economy using the income approach?

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$7 trillion, wages $10 trillion, interest $1 trillion, rental income $1.5 trillion and profits $2 trillion the value of the economy$2 trillion.

The processes of an economy are greatly influenced by factors such as a person's culture, values, education, technical development, history, social organisation, political structure, legal system, and availability of natural resources. In addition to providing context and content, these factors establish the rules and conditions under which an economy runs.The processes of an economy are greatly influenced by factors such as a person's culture, values, education, technical development, history, social organisation, political structure, legal system, and availability of natural resources.

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Product-oriented vision statements provide managers with A. goals for employee development. B. goals to improve service. C. strategic flexibility.

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Product-focused vision statements give managers Service objectives

Product-focused management is a management strategy that aims to assess the products or services offered by a team or organisation and develops strategies for improving them. Typically, a specific product team is in responsible of developing a product and guaranteeing its long-term commercial success. Product-Focused refers to a strategy where a company assigns ownership of a product to internal team members. The market's long-term viability of the product has an impact on how the team is rated. This strategy states that the product team will put in endless effort to create and enhance the product in response to the changing market.

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under the usa patriot act, the fbi can issue a national security letter to compel banks, internet service providers, and credit reporting companies to turn over information about their customers without a court order simply on the basis that the information is needed for an ongoing investigation. question 3 options: true false

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The statement given in the question about USA patriot Act and FBI can issue a national security letter is true.

Under the USA Patriot Act, the FBI can issue a National Security Letter (NSL) to compel certain types of businesses, such as banks, internet service providers, and credit reporting companies, to turn over information about their customers without a court order. NSLs are issued on the basis of national security and can be used to obtain a wide range of information, including financial records, internet browsing history, and other personal information. The use of NSLs has been controversial, with some critics arguing that they violate the Fourth Amendment of the US Constitution, which protects against unreasonable searches and seizures. The USA Patriot Act was passed in the wake of the 9/11 terrorist attacks in 2001 and was intended to strengthen US law enforcement's ability to investigate and prevent terrorism. The Act included a number of controversial provisions, including the ability for the FBI to issue NSLs without judicial oversight. Critics argue that NSLs are a form of warrantless surveillance and violate constitutional protections against unreasonable searches and seizures. The use of NSLs has been the subject of legal challenges, and in some cases, courts have struck down the FBI's use of NSLs as unconstitutional.

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a basic rule in capital budgeting is that if a project's npv exceeds its irr, then the project should be accepted. group of answer choices true false

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False. A basic rule in capital budgeting is that if a project's NPV exceeds/crosses its IRR, then the project should be accepted is incorrect.

A capital budget is how a trading company evaluates the performance of a critical task or investment. Construction of a new facility or large funding for an outdoor business are examples of initiatives that should be capital budgeted before being approved or rejected.

Capital budgeting mainly refers to the decision-making method related to funding long-term initiatives. An example of this is a capital budget system run by an employer to decide whether to keep existing equipment or buy new equipment in place of old equipment.

The technique of capital budgeting is also known as funding estimation.

The most important thing in capital budgeting is the accuracy of the forecasted coin flow. The whole investment is regular and easy. However, considering all cash flow resources would be exhaustive.

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Complete question:

A basic rule in capital budgeting is that if a project's NPV exceeds its IRR, then the project should be accepted. True/ False.

what does business growth rate refer to, as used in the bcg matrix? multiple choice question. the growth of a firm's competition a firm's forecasted sales the speed of industry growth the rate of hiring within an industry

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The market rate of growth is calculated by deducting last year's industry sales from this year's industry sales.

What is the BCG matrix growth rate?

Based on the idea that market leadership produces consistently higher returns, the BCG growth-share matrix was created. In the end, the market leader achieves a self-perpetuating cost advantage that is challenging for rivals to match.

A product's overall market share is represented by the x-axis of the graph or matrix, while the y-axis shows the rate of market growth.

Therefore, The markets with the highest potential for growth are then identified by these high growth rates.

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a situation in which early exercise of an american put can be justified is a) bankruptcy b) merger c) if x exceeds s0 by greater than any transaction costs. d) both a and b

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An instance when early exercise of an American put is appropriate is. bankruptcy

If a person or business is unable to pay their debts or other obligations, they may file for bankruptcy. It gives a fresh start for people who are trying to make ends meet. To begin the bankruptcy process, a petition is filed, either on behalf of the debtor, which happens more frequently, or on behalf of bondholders, which happens less frequently. Individuals or other businesses that are unable to repay their creditors may seek partial or whole relief from their debts through the legal procedure of bankruptcy. Typically, bankruptcy is imposed by a court order that the debtor regularly requests. Because an insolvent person may have multiple legal statuses, the word "bankruptcy" is not a synonym for insolvency.

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in 2016, a report demonstrated that wells fargo had opened more than 2 million accounts for customers without their permission to meet company sales quotas. the company was ordered to pay back those customers and pay the government a $185 million fine. this situation shows that .

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The Wells Fargo scandal that emerged in 2016 was a clear example of unethical behavior and corporate misconduct. The scandal involved the opening of millions of unauthorized bank and credit card accounts by Wells Fargo employees to meet sales targets and quotas.

The customers affected were not aware that these accounts had been opened in their names, and in many cases, they were charged fees and penalties for these unauthorized accounts.

The scandal shows that unethical behavior can have severe consequences for companies and their stakeholders. In this case, Wells Fargo faced a significant financial penalty of $185 million, as well as reputational damage and loss of public trust. The scandal also resulted in the resignation of several top executives at the company.

The situation also highlights the importance of ethical leadership and corporate culture. It was reported that the sales targets and quotas at Wells Fargo were so high that employees felt pressured to engage in fraudulent behavior to meet them. This suggests a culture that prioritized short-term gains over ethical behavior and customer interests. The lack of accountability and oversight in the company also enabled the unethical behavior to continue unchecked for a long period.

The Wells Fargo scandal illustrates the importance of putting customers and ethical behavior at the center of business operations. Companies need to prioritize creating a corporate culture that values honesty, transparency, and accountability. This requires effective leadership, strong governance, and a commitment to ethical values and principles.

Furthermore, the scandal demonstrates that companies must take responsibility for their actions and be held accountable for any misconduct. Regulators and stakeholders need to work together to ensure that companies operate ethically and are held responsible for any wrongdoing. This is crucial for maintaining public trust and promoting a healthy business environment.

In conclusion, the Wells Fargo scandal is a stark reminder of the consequences of unethical behavior and corporate misconduct. It highlights the importance of ethical leadership, strong corporate culture, and accountability in ensuring that companies operate in the best interests of their customers and stakeholders.

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c. how big is the surplus or shortage at $3.40? there is a (click to select) of thousand bushels. how big is the surplus or shortage at $4.90? there is a (click to select) of thousand bushels. how big a surplus or shortage results if the price is 60 cents higher than the equilibrium price? there is a (click to select) of thousand bushels how big a surplus or shortage results if the price is 30 cents lower than the equilibrium price? there is a (click to select) of thousand bushels

Answers

13000 bushels of wheat are in low supply, and they are worth $3.40 each. There are 21,000 bushels of wheat in the surplus, valued at $4.90. The surplus is 14000 bushels of wheat at a price 60 cents over the equilibrium price.

What price does a bushel have neither a scarcity nor a surplus?

When the quantity provided (Qs) is exactly equal to the quantity requested (Qi), there is no shortage or surplus in the market, and an equilibrium price occurs.

How are shortages determined?

figuring out the shortage. This formula can be used to determine the shortfall. Make the price ceiling price equal to the supply equation and the demand equation, respectively, and solve for Qd and Qs. When we deduct Qs from Qi, 4.75 units are missing.

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what is the average tax rate for an individual with taxable income of $135397? convert to a percent and round to two places past the decimal point.

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The average tax rate for an individual with taxable income of $135,397 is 20.40%.

To calculate the average tax rate for an individual with taxable income of $135,397, we need to use the tax brackets and rates for the relevant tax year. I'll assume we are using the 2021 tax year for this example.

For the 2021 tax year, the tax brackets and rates for single filers are as follows:

10% on taxable income up to $9,950

12% on taxable income over $9,950 up to $40,525

22% on taxable income over $40,525 up to $86,375

24% on taxable income over $86,375 up to $164,925

32% on taxable income over $164,925 up to $209,425

35% on taxable income over $209,425 up to $523,600

37% on taxable income over $523,600

To calculate the average tax rate, we need to determine the total tax liability and divide it by the taxable income. Using the tax brackets and rates above, we can calculate the total tax liability as follows:

10% on the first $9,950 = $995

12% on the amount over $9,950 up to $40,525 = $3,573.40

22% on the amount over $40,525 up to $86,375 = $13,996.50

24% on the amount over $86,375 up to $135,397 = $9,059.68

Total tax liability = $27,624.58

Therefore, the average tax rate for an individual with taxable income of $135,397 is:

Average tax rate=Total tax liability/Taxable income

Average tax rate= $27,624.58/$135,397

Average tax rate = 0.204 (rounded to three decimal places)

Converting to a percentage and rounding to two decimal places, the average tax rate is 20.40%.

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which of the following was not a destabilizing factor immediately following the end of the war? group of answer choices a flu pandemic a women's liberation movement high inflation and economic uncertainty political paranoia

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Option b is the correct solution to this question. A women's liberation movement was not a destabilizing factor immediately following the end of the war.

The women's liberation movement was a political alliance of feminist intellectualism and women that began in the late 1960s and persisted into the 1980s, mainly in industrialized Western countries, and which brought about significant change in many parts of the world. Learn out how the Women's Liberation Movement campaigned for women's rights to equal pay, training opportunities, inclusion in religious organizations, and acknowledgement of their labor.

When a French philosopher named Simone de Beauvoir, then in her thirties, started to write about what it meant to be a woman, the revolution quietly started in 1946.

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online trading communities that bring together buyers and supplier organizations go by what three names?multiple select question.

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Online trading communities bring together buyers and supplier organizations to make possible the real-time exchange of information, money, products, and services. They are called - B2B exchanges or  e-hubs or e-marketplaces

An online marketplace or E-Marketplaces is an e-commerce site that interfaces vendors with purchasers. It's generally expected known as an electronic commercial centre and all exchanges are overseen by the site proprietor. Organizations utilize online commercial centres to arrive at clients who need to buy their items and administrations. Instances of online commercial centres incorporate Amazon, eBay, and Craigslist. The greatest benefits of an internet-based commercial centre and the reasons numerous organizations sell through web-based commercial centres is that:

It is an extra wellspring of income.It reduces showcasing expenses.It permits organizations to internationalize their business.It makes straightforwardness in accessibility, stock levels, and costs.It is an extraordinary way for clients to look at costs.It permits your organization to work all day, every day.It produces trust between your image and clients.Clients are bound to buy from an internet-based commercial centre with a large number of choices.Organizations need to pay a charge/level of deals to the web-based commercial centre stage.Selling by means of your own internet business webpage versus through a commercial centre.

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Correct Question -

online trading communities that bring together buyers and supplier organizations go by what three names?

the required rate of return to implement a proposed project will be if interest rates are . a. lower; lower b. lower; higher c. higher; unchanged d. higher; lower

Answers

c. higher; unchanged. The needed rate of return to carry out a given project is  higher; unaltered The needed rate of return is the minimal rate of return that an investor.

should expect from a project. It is the opportunity cost of investing in one project over another with comparable risk. If interest rates rise, the needed rate of return to undertake a planned project rises as well. This is due to the increased opportunity cost of investing in the project, since investors can earn a larger return elsewhere. In contrast, if interest rates fall, the needed rate of return to undertake a planned project falls. This is due to the fact that the opportunity cost of investing in the project has increased decreased, as investors are less likely to earn a higher return elsewhere. However, the required rate of return can also be influenced by other factors, such as the riskiness of the project, the company's cost of capital, and market conditions.

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Transcribed image text: Question 1 0.6 pts The best measure of long-run economic growth adjusts nominal GDP for inflation and population. nominal GDP for inflation. nominal GDP for population. real GDP for the base year.

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The best measure of long-run economic growth is real GDP for the base year.Although there are other ways to gauge economic expansion, the gross domestic product is the most well-known and often monitored and reported indicator (GDP).

Compared to gross national product (GNP), which is primarily used to comprehend the total income of a country's citizens within a specific time period, gross domestic product (GDP) is a more relevant indicator of the economy.

The Consumer Price Index (CPI), which gauges pricing power and inflation, and the Monthly Unemployment Report, which includes weekly non-farm payrolls, are two of the other key indicators of economic growth in addition to GDP.

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complete an amortization schedule for a $14,000 loan to be repaid in equal installments at the end of each of the next three years. the interest rate is 11% compounded annually. round all answers to the nearest cent.

Answers

Complete an amortization schedule for a $14,000 loan-------------. The Annual payment would be $8,237.40.

What is loan?

A loan is a financial arrangement in which a lender provides funds to a borrower, who agrees to repay the funds with interest over a period of time.  Loans can be used for a variety of purposes, such as buying a house, financing a business, paying for education, or consolidating debt.

When a borrower takes out a loan, they receive a lump sum of money from the lender, which they agree to repay in regular installments over a set period of time.

In the above case, the  annual payment would be $8,237.40.

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what is the npv of the offer if the apporpriate discount rate is 12 percent wha is the npv of the offer if the appropraite discount rate is 22 percent

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The NPV of an offer is influenced by the cash flows involved when those cash flows will occur, and the appropriate discount rate that will be applied to reduce those cash flows to their present value. The NPV at a discount rate of 12% or 22% cannot be calculated without this information.

A financial metric known as net present value is used to assess the present value of future cash flows after taking the time value of money into the account (NPV). In a nutshell, it assesses the present value of anticipated cash inflows and outflows from an investment, project, or business opportunity. The initial cost of the investment is subtracted before future cash flows are discounted back to their present value to determine the NPV.

We would need to be aware of the anticipated cash flows from the opportunity or investment, their timing, and the proper discount rate that takes the risk of the investment into account in order to compute the NPV of an offer. We cannot determine the NPV in this scenario using a discount rate of 12% or 22% since we lack any knowledge about the cash flows, timing, or risk.

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What role does the mission statement play in the planning process? O Sets company direction O Guides day to day activities O Sets purpose of business O Links strategy and operations

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The correct option is C. The role the mission statement plays in the planning process is to set the purpose of the business.

Business corporation economics is a place in carried out economics that makes use of monetary concepts and quantitative techniques to investigate commercial enterprise agencies and the factors contributing to the range of organizational structures and the relationships of organizations with labor, capital, and product markets.

Company economics is an area of done economics that studies the monetary, organizational, market-associated, and environmental issues confronted by agencies. industrial organization economics encompasses topics inclusive of the concept of shortage, product elements, distribution, and intake. company is also the efforts and activities of someone who's generating items or presenting offerings with the reason to promote them for profits. commercial agency Definition. industrial corporation refers to an enterprising entity or company that contains professional sports. They may be commercial enterprises, industrial, or others.

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with blank , the firm first divides the marketplace into subgroups, determines which of those subgroups it should pursue, and finally decides how it should best position its product or service. multiple choice question. stp the four ps swot the marketing mix

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If a company chooses to offer distinct products to each of the several market segments it intends to serve, such marketing approach is known as a differentiated one. The term "multisegment marketing" is often used.

What is the primary focus of Step 1 of the marketing strategy?

the purpose of your company.

Write your mission statement first when creating a marketing plan. This goal should support your company's overarching mission statement even though it is particular to your marketing division. Be precise without going overboard.

The marketing plan's fifth step involves what, exactly?

Using marketing analytics, a company evaluates its success in Step 5 of the marketing plan. Profits and sales revenue are a couple of the most typical financial success measurements.

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suppose you were developing a new executive information system (eis) intended to provide key strategic information from existing corporate databases to senior executives to help in their decision-making. these executives are not experienced computer users, and have no clear idea of the new system. what methodology would you use? why?

Answers

The agile methodology would guarantee that the senior executives' goals and expectations are satisfied, provide a flexible approach to accept changes, and ensure that the EIS is built in a fashion that satisfies their needs.

The ability to involve senior executives in the development process is the main reason I would choose the Agile technique for this project. By doing so, it would be made sure that their wants and goals are addressed and that the EIS provides the crucial strategic data they require. Furthermore, the Agile methodology's iterative structure would enable me to incorporate executive feedback into the development process, ensuring that the EIS is created in a fashion that fulfills their expectations. Additionally, the flexibility of the Agile methodology's approach to development enables me to adapt as the project's requirements evolve. This would be especially helpful if the executives lacked a clear understanding of what they wanted from the new system.

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The two most important inventory-based questions answered by the typical inventory model are.
A. when to place an order and what is the cost of the order
B. when to place an order and how many of an item to order
C. how many of an item to order and what is the cost of this order
D. how many of an item to order and with whom the order should be placed

Answers

The usual inventory provides answers to the two key inventory-based issues of how many of an item to order and how much this order will cost.

What does the phrase "inventory" mean, exactly?

Inventory refers to all the goods, supplies, and items that a business keeps on hand in anticipation of reselling them to clients for a profit. If the vendor distributes newspapers to customers using a vehicle, only the newspaper will be treated as inventory in this situation. The way the car is handled will be viewed as a plus. Although there are many different types of inventory, the four most common ones are finished goods, work-in-progress inventory, raw materials, and component inventory.

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billionaire jonathon apple convinced the goudeville town council that they should condemn the old mcdonald dairy so he can build an electronics plant on the land, arguing that the benefits to the community in the form of new jobs and extra tax revenues to be generated by the plant will far outweigh the detriment to the mcdonald family from shuttering their business. jonathon's argument is an example of

Answers

Jonathan's argument is an example of economic utilitarianism.

Economic utilitarianism is a philosophical perspective that measures the value of an economic choice based on how well it would benefit society as a whole. In this instance, Jonathan is claiming that the construction of the electronics facility would help the town overall by creating new employment and raising tax revenues, which justifies the condemnation of the old McDonald dairy and the harm to the McDonald family. The greatest good for the largest number of people is given top priority in this strategy. A family of moral and political theories known as utilitarianism holds that the primary ethical value or good that should be maximised is universal utility or societal welfare. In the later half of the 18th century, hedonistic utilitarianism was supported by normative economics.

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the cost constraint means that an item is not recognized in the financial statements unless its omission would significantly influence the judgment of an informed user. group of answer choices true

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A. True. The statement "The cost constraint means that an item is not recognized in the financial statements unless its omission would significantly influence the judgment of an informed user" is true.

The cost constraint is a fundamental accounting principle that requires companies to only recognize and report information in their financial statements if the cost of doing so is justified by the benefit of the information to the users of the financial statements. This means that an item should only be recognized if its omission would significantly influence the judgment of an informed user, and if the cost of obtaining and reporting the information is reasonable and justifiable.

Therefore, the statement "The cost constraint means that an item is not recognized in the financial statements unless its omission would significantly influence the judgment of an informed user" is true.

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The cost constraint means that an item is not recognized in the financial statements unless its omission would significantly influence the judgment of an informed user.

A. True

B. False

what are the three typologies in which henry mintzberg clustered managerial roles?multiple choice question.informational, inspirational, and controllinginformational, interpersonal, and decisionalinstitutional, informational, and personalfragmented, abbreviated, and varied

Answers

The correct answer is B. Henry Mintzberg, a prominent management theorist, identified ten managerial roles that he grouped into three typologies: informational, interpersonal, and decisional.

The informational roles include monitoring, disseminating, and spokesperson. Managers in these roles gather and analyze information from both internal and external sources, then communicate that information to others in the organization. The interpersonal roles include figurehead, leader, and liaison. Managers in these roles represent the organization, motivate and direct subordinates, and build relationships with external stakeholders. The decisional roles include entrepreneur, disturbance handler, resource allocator, and negotiator. Managers in these roles make strategic decisions, handle crises, allocate resources, and negotiate with other parties. Mintzberg's typologies provide a useful framework for understanding the complex and varied work that managers do on a daily basis. By identifying these different roles, managers can better understand the demands of their jobs and develop strategies to be more effective in their roles.

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suppose that you wish to have $20,000 saved by the end of six years. and suppose you deposit funds today in an account that pays 3% interest, compounded annually. how much you deposit to meet your goal today?

Answers

You would need to deposit $16,791.90 today to have $20,000 at the end of six years at a 3% annual interest rate compounded annually.

To calculate how much you need to deposit today to have $20,000 at the end of six years, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

Where:

A = the future value of the investment (which is $20,000 in this case)

P = the principal (the amount to be invested)

r = the annual interest rate (3%)

n = the number of times the interest is compounded in a year (once a year, in this case)

t = the number of years (six, in this case)

Plugging in the numbers, we get:

20,000 = P(1 + 0.03/1)^(1*6)

Simplifying the equation, we get:

20,000 = P(1.191)

Dividing both sides by 1.191, we get:

P = $16,791.90

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The core competencies of a business are generated by the interaction of:________

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The core competencies of a business are generated by the interaction of resources and capabilities.

What are a business's fundamental competencies?

The distinctive goods, services, abilities, and skills that offer a company an edge over rivals are referred to as core competencies. In other words, a company's core capabilities are advantages over rivals that they cannot realistically match or offer.

What does marketing's core competency entail?

Core competencies are the assets, goods, abilities, and skills that provide a company an edge over its rivals. A core competency is usually something that is challenging to imitate, such as a distinctive product or a distinctive brand voice.

Core competency analysis: what is it?

The process of determining a company's essential strengths and characteristics that set it apart from its rivals, as well as how to leverage these core competencies to create lasting competitive advantage, is known as core competency analysis.

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which of the following is a government transfer? a interest payments to those who have purchased u.s. treasury bills. b wages paid to u.s. senators c payments to contractors for repairs on interstate highways d social security payments to retired postal workers e purchases of tanks for the army

Answers

The correct option is (c) social security payments to retired postal workers. It is a government transfer.

Government transfers are government payments. These are the independent of recipient's performance. And social security payments for retired postal worker is a type of government transfer.  Payments only available to people those who have worked at Swiss Post for a specific or a certain period of time and have reached any certain age.

These payments are funded by taxes and paid by current workers and by businesses, and the amount of the payments is determined by the federal government. The payments are intended to supplement other sources of income for retirement and also help retired postal workers in maintaining a decent standard of living.

Full Question:

Which of the following is a government transfer?

a. wages paid to US senators

b. purchases of tanks for the army

c. social security payments to retired postal workers

d. payments to contractors for repairs on interstate highways

e. interest payments to those who have purchased US treasury bills

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What is an insurer required to do when faced with an error made under the Misstatement of Age provision?
Cancel the policy
Pay age-corrected benefits
Pay full benefits as stated in the policy
Bill the policyowner for back premiums

Answers

When an insurer is faced with an error made under the Misstatement of Age provision, they are required to pay age-corrected benefits.

This means that the insurer will adjust the benefits to reflect the correct age of the insured. If the insured is actually older than stated on the policy, the benefits will be reduced to reflect the higher risk associated with an older age. If the insured is actually younger than stated on the policy, the benefits will be increased to reflect the lower risk associated with a younger age.

The insurer may also bill the policy owner for back premiums if the correct age would have resulted in a higher premium. However, the insurer cannot cancel the policy or pay full benefits as stated in the policy if there is a misstatement of age.

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hat company sells two types of hats: knit hats with a selling price of $15 and variable costs of $5, and hard hats with a selling price of $25 and variable costs of $10. knit hats comprise 80% of all sales. if fixed costs are $22,000, what is the break even point in units?

Answers

As per the requirement, the break-even points in units will be -

Number of knit hats = 2000 x 0.8 = 1600

Number of hard hats = 2000 x 0.2 = 400

To find the breakeven point in units, we need to know how many units the company needs to sell to cover all of its fixed and variable costs.

Let's start by calculating the contribution margin for each type of hat. The contribution margin is the difference between the selling price and the variable cost of a product.

Total contribution margin per unit = Weighted average contribution margin per unit = ($10 x 0.8) + ($15 x 0.2) = $11

Breakeven point (in units) = Fixed costs / Contribution margin per unit = $22,000 / $11 = 2000 units

To calculate how many knit hats and hard hats need to be sold, we need to use the sales mix. Since knit hats represent 80% of sales, we can calculate the number of knit hats by multiplying the total number of units by 0.8, and the number of hard hats by multiplying the total number of units by 0.2. This gives:

Number of knit hats = 2000 x 0.8 = 1600

Number of hard hats = 2000 x 0.2 = 400

Therefore, the company needs to sell 1600 knit hats and 400 hard hats to break even.

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You produce a car that costs $20,000 to make. The market price for the car is $15,000. At this price, you would supply _____ cars.

one
zero
many

Answers

Zero cars supply at the price of $15,000 if the production cost is $20,000.

Because If a business's price is greater than its average cost of production for the quantity produced, the firm will profit. In contrast, if a corporation's pricing is lower than its average cost of production, the firm will lose money.

What is the distinction between market value and manufacturing cost?

You must also realize that the cost of your product or service is the amount you spend to manufacture it. The price is your monetary compensation for supplying the goods or service. The value of a product or service is what the client feels it is worth to them. Cost is often the expenditure incurred for producing a product or service that a firm sells. The amount a consumer is willing to pay for a product or service is referred to as the price. The cost of manufacturing a product has a direct influence on both its price and the profit derived from its sale. The production function is responsible for developing new items, regulating product quality and quantity, and scheduling delivery. However, the marketing function focuses on delighting clients and providing their wants.

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if there are only two airlines that fly between dallas and new orleans, what will happen in the market for one airline if the other one goes out of business? multiple choice there will be a movement to the left along the initial demand curve. there will be a movement to the right along the initial demand curve. the demand curve will shift to the right. the demand curve will shift to the left.

Answers

Still, the demand  wind will move to the right, If the  contending business fails. The relationship between the cost of an item or service and the  volume demanded over a specific time period is represented graphically by the demand  wind.  

A common representation places the  needed  volume on the vertical axis and the price on the left  perpendicular axis. The  ensuing graph illustrates the popular belief that demand angles  pitch  over. This happens as a result of the law of demand, which states that as prices rise for  utmost  effects, demand  diminishments. In some peculiar circumstances, this rule doesn't apply. To determine the link between price and  volume, demand angles are utilised. The law of demand, which stipulates that the  force and

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