Business

17 December, 15:19

Marc, a single taxpayer, earns $100,000 in taxable income and $10,000 in interest from an investment in city of Birmingham Bonds. Using the U. S. tax rate schedule provided for year 2019, what is his average tax rate (rounded) ? (Tax rate schedule)

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Marc, a single taxpayer, earns $100,000 in taxable income and $10,000 in interest from an investment in city of Birmingham Bonds. Using the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Suppose that in a closed economy GDP is equal to 20,000, consumption equal to 15,000, government purchases equal 4,000 and taxes equal 3,000. What are private saving, public saving, and national saving?

What should you do to maintain a professional attitude?

Select the incorrect statement regarding costs and expenses. Multiple ChoiceExpenses are incurred when assets are used to generate revenue. Manufacturing-related costs are initially recorded as expenses.

An employer must reasonably accomodate the religious practice of its employees, unless to do so would cause undue hardship to the employer's business

What is the value of a firm with initial dividend Div 1 , growing for n years (i. e., until year n plus 1 ) at rate g 1 and after that at rate g 2 forever, when the equity cost of capital is r ?

New Questions in Business

Mary's bakery is trying to determine what price to charge for her cookies, so mary places a low price on them and raises it each week, keeping track of how many she sells.

Suppose the baldwin company begins to compete through good designs, high awareness and easy accessibility for their existing products, what strategy would they be implementing?

Blue technologies manufactures and sells dvd players. great products company has offered blue technologiesâ $22 per dvd player forâ 10,000 dvd players. blueâ technologies' normal selling price isâ $30 per dvd player.

Some goods can be produced at low cost only if they are produced in large quantities. this phenomenon is called

has sales of $15 million, total assets of $9 million, and total debt of $3.7 million. If the profit margin is 7 percent what is net income? What is ROE? What is ROA?