Explain the difference between the common misconception people have about tax brackets and how they actually work

Answers

Answer 1

Answer:

Tax brackets misconception is that it defines how much tax will be paid by an individual but this is not true. It only determines the rate of tax which will be applied to the individual for his income.

Explanation:

The tax bracket is determined for an individual based on his salary. After the computation of taxable income tax brackets are selected and rate is applied which ever tax bracket falls correctly. The tax rate applied to the taxable incomes gives the tax amount which is to be paid by an individual.


Related Questions

The national sales manager for your company has pulled you aside and asked you to prepare a sales document (bill) for one of the company's largest clients before the end of the fiscal year which ends this month. This sales document will include items that have not yet been shipped and are not planned for shipment until after this fiscal year. What should you do in this situation

Answers

Answer:

Discuss the situation with your supervisor

Explanation:

Organisations have a reporting structure that is put in place to share responsibility among employees.

Supervisors have higher clearance to information and greater ability to take decisions that affect the business, while the lower level employees have access to less information and do not have the authority to make major decisions that do not comply with set procedure.

In the given scenario the national sales manager wants a sales bill for items that have not yet been shipped and are not planned for shipment until after this fiscal year.

This is against normal procedure.

To get higher authority to endorse that action you will need to discuss the situation with your supervisor.

The big clients may enjoy exception to the rules and this will need to be endorsed by your supervisor

how does supply and demand factor into ticket prices

Answers

Tickets are things you use to go into theme parks

(02.02 LC)

HELP ASAP!!! Which of the following is a characteristic of a certificate of deposit?

Account holder can withdraw cash easily

Has the potential for identity theft

Simple to use with debit cards and checks

Requires a minimum amount of money to invest

Answers

Account holder can withdraw cash is the answer

A characteristic of a certificate of deposit is Account holder can withdraw cash easily. Thus the correct option is A.

What are the Characteristics?

Characteristics refer to any feature or trait of any object which provides any information about the concept. These are unique in nature and makes difference from one another.

A financial instrument pays a rate of interest that is typically fixed for a specific time period, which can range from a few months to several years called a certificate of deposit.

The importance of certificates of deposit is that they are frequently a secure way to boost your return on investment on savings. It is a lower lending strategy that can increase your interest earnings while keeping your money invested in a largely secure manner.

Therefore, option A is appropriate.

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A healthcare organization’s insurance coverage is:

the amount that the insurance company will pay for costs associated with risks

the amount that the healthcare organization pays to the insurance company

the amount that the healthcare organization pays for costs associated with risks

the amount that the healthcare organization will pay for a legal case

Answers

Answer:

A

Explanation:

the answer to this question is a

Answer:

A

Explanation:

- the amount that the insurance company will pay for costs associated with risks

correct on Edge

1:
Default
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Question 1 (6.66 points)
What will a business typically do next after it reviews applications and resumes for a
position?
5
6
8
9
Interviews are scheduled.
Set up at a job fair.
11
12
They post a job opening.
Schedule meetings with department heads.

Answers

Answer:

Interviews are scheduled.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed.

Generally, the category of people who are seeking employment or willing to change their job usually submit an application to job vacancies (positions) that are being posted by various companies or organizations.

After a business reviews applications and resumes for a position, what it would do next is to schedule an interview with the job applicants (candidates) that were selected because their skills and experience matches the minimum requirements of the business.

The interview process typically involves assessing the knowledge and skills set of all of selected the job candidates so as to enable the human resources manager (interviewer) pick the best candidate for the job.

Name two global exchange services

Answers

Answer:

Western Union: western union has global presence and specializes in the delivery of transfer payments. Many people who lived in developing countries use Western Union to obtain the transfer payments that they are sent from relatives living in developed countries.

PayPal: PayPal works like Western Union but for online payments. It is the most commonly used platform for online payment in the world, has a global services, and provides an easy solution for people living in countries with capital controls for example, and who need to receive payments from abroad that originally come in foreign currency.

Answer:

wsp

Explanation:

wsp

Pete, a broker, advised Ollie to invest in Rocky Road Inc. When the share price of Rocky’s stock decreases, Ollie accuses Peter of fraud, claiming reliance on Pete’s advice. The reliance that gives rise to liability for fraud requires ____.

Answers

Answer:

Misrepresentation of a fact knowing it is false.

Explanation:

Fraud is defined as an intentional act of deception by an individual to unlawfully gain the property of another person.

For fraud to be committed facts must be misrepresented intentionally with the aim of deception.

In the given scenario Pete advised Ollie to invest in Rocky Road Inc. and the share price of Rocky’s stock decreases, Ollie accuses Peter of fraud.

If Ollie can show that Pete knew the price of the shares would fall, he can now accuse him of fraud.

Selling an asset for cash will leave the total value of assets unchanged. True or false?​

Answers

This is true..........

Boeing's 737 airplane and Hewlett-Packard's printer business are examples of using enhancements and migrations of existing products to build on a ________.


product platform


product dais


product pulpit


product foundation


product template

Answers

Answer: product platform

Explanation:

Product platform is simply referred to as the common elements regarding the products of a company. When a new product is introduced into a particular market, the existing elements can be used.

Since Boeing's 737 airplane and Hewlett-Packard's printer business are examples of using enhancements and migrations of existing products, the product platform is attributable here.

How would inventions such as the smart fitting room affect retail jobs???

Answers

Answer:

ummm because it is bigger

Explanation:

The theory of _____ in which countries specialize in goods that have a lower opportunity cost, is citied by supporters of free trade

Answers

Answer:

comparative advantage

when the price of good is RS4 the demand for the good is 25 units if the price increses to RS5 the demand falls to 15 units claculate the price elasticity

Answers

Price Elasticity = % Change in quantity demanded / % Change in Price

Original demand - New demand =
25 - 15 = 10

10/ 25 = 0.4%

Original price - New price =
4 - 5 = -1

-1/4 = -0.25%

0.4%/-0.25%
= -1.6

Price Elasticity = -1.6 %

Click this link to view O‘NET's Tasks section for Helpers Production Workers. Note that common tasks are listed
toward the top, and less common tasks are listed toward the bottom. According to O'NET, what common tasks are
performed by Helpers—Production Workers? Check all that apply.
examining products
observing equipment operations
designing products
managing budgets
lifting materials, products, and items
operating machinery used for production

Answers

Answer: • examining products

• observing equipment operations

• lifting materials, products, and items

• operating machinery used for production

Explanation:

According to O'NET, the common tasks are performed by Helpers—Production Workers include:

• examining products

• observing equipment operations

• lifting materials, products, and items

• operating machinery used for production.

It should be noted that the designing of products and the managenent of budgets is not the responsibility of the helpers production. Therefore, the correct options are 1, 2, 5 and 6.

Answer:

The other person is correct, the answers are A, B, E, F.

Explanation:

Tessa is in charge of planning a marketing campaign for a new type of candy. Tessa's

company has told her that they want this candy to appeal to people who are health

conscious and interested in natural products. This is known as the

for the candy.

Answers

Answer: Candy for health conscious and love natural products

Explanation:

Endangered Species Dark Chocolate Bites is a kind of candy which has high content of cocoa and low content of sugar. It helps lower risk of heart diseases and stroke but also should be taking in moderation as excess of it won't be helpful

Why is it good to be organized?

Answers

Answer:

its good to be organized to feel like you have your life together. it makes it easier to find things and makes you feel less stressed and anxious when the area youre in is organized and clean

Because when you are organized things are easier, you have an organized sleep schedule and your school things and papers are organized so it's easier to know where everything is. Also when you are organized you'll notice some things would run smoother than it would when you aren't organized. But you have to want to be organized.

Which method of backing up digital photographs involves physical storage of files?

A: online backup
B: fireproof safe
C: internal hard drive
D: external hard drive

Answers

Answer:

D, external hard drive :)

Explanation:

Hope this helps :D

In this, external hard drive method of backing up digital photographs involves physical storage of files. The correct option is (D).

What do you mean by the external hard drive?

An external hard drive is a gadget that you plug into a computer port as opposed to an internal disc, which is securely tucked away inside your computer. You can keep your files in greater storage with an external hard drive.

A computer's outside is connected to an external hard disc. Computer backups and data transmission between PCs are both facilitated by external hard drives.

You can unplug an external hard disc from your computer. Depending on their size, they can be used to backup individual files or an entire computer.

Therefore, in this, external hard drive method of backing up digital photographs involves physical storage of files.

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A small metal shop operates 10 hours each day, producing 100 parts/hour. If productivity were increased 20%, how many hours would the plant have to work to produce 100parts?

Answers

Answer:

The factory produces 100 parts in 50 minutes.

Explanation:

Giving the following information:

Current productibity= 100 parts/hour

Increase in productivity= 20%

This means that the factory makes 120 parts an hour or 100 parts in:

120 parts= 60 minutes

100 parts= x

x= (100*60) / 120

x= 50 minutes

The factory produces 100 parts in 50 minutes.

Submit your slideshow.Using the information gathered in your interview, create a chart. Be sure to organize the information logically. The chart or table should display the job title, technology used, and its function.

Answers

Answer:

U.S Navy.

Explanation:

The U.S Navy are our sea defenders. They use advance systems in their F/A-18 Super Hornets. These include FBW ( Fly By Wire) and HOTAS (  Hands on Throttle and Stick). They also have the E/A-18 Growler. This replaced the E/A-6 Prowler. The E/A-6 is the electronic warfare version of the A-6 Intruder (now retired). You also have the E-2C Hawkeye. The Grey Hound the the transport version. These are used today. But you have the ships. The new USS John F. Kennedy (CVN 79), it went active of December 2019. These are some of the biggest carries. The old Enterprise was the largest in the world. We last used battle ships in 1991 during Operation Desert Storm. They all have been removed from service after 1991. But we have the best cruiser you can buy. The USS Zumwalt! Lets face, you see it, and you are an enemy, don`t bother shooting guided missiles at it, it has chaf, and rockets to intercept these. Just kiss your but good bye cause you are dead. The  Ticonderoga class of guided-missile cruisers are armed with well, guided missiles that can hit targets deep inland. These are more effective than the 21 mile range of the battle ships. The functions for all of the U.S Navy`s equipment, is to destroy the enemy while keeping the sailors, and the crew on the ships, not to mention the pilots safe while serving our nation. This is just a few of their technology since some is classified and it would take hours or maybe days to read.

6. Describe what a Bond is and how it works.
WE WERE TRYING TO BE NORMAL AND THEN THE CREEP SHOWS UP

Answers

Answer:

✨I'm dead-✨

Explanation:

ℐ ℯ ℊℴℯ ... -LilDemon66

Tyler is a recent college graduate that has a large private student loan debt. He is
single with no children. He wishes to get some cheap life insurance that will pay off
the debts in case he passes away. Which life insurance policy will fit his needs
best?
A. Term policy
B. Neither
C. Debt policy
D. Permanent policy

Answers

Answer: Term Policy

Explanation:

Term policy life insurance policy will fit his needs best. Thus, the correct option is A.

What is insurance?

Insurance is a contract between an individual or organization (the policyholder) and an insurance company (the insurer) that provides financial protection against certain types of risks or losses.

The policyholder pays premiums to the insurer, and in exchange, the insurer agrees to pay out benefits or compensation in the event of covered losses or damages.

Insurance works on the principle of risk pooling, which means that the premiums paid by all policyholders are pooled together to cover the losses of the few who experience them.

This allows individuals and organizations to transfer the financial risks of certain events to the insurer, which helps to mitigate the impact of those events on their finances.

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The demand curve for product X is given by QXd = 300 - 2PX.

a. Find the inverse demand curve. Instruction: Enter all values as integers, or if needed, a decimal rounded to one decimal place. PX = - QXd

b. How much consumer surplus do consumers receive when Px = $45?

c. How much consumer surplus do consumers receive when Px = $30?

d. In general, what happens to the level of consumer surplus as the price of a good falls? The level of consumer surplus as the price of a good falls.

Answers

Answer:

a) QXd = 300 - 2PX.

Inverse demand curve (PX = - QXd) => 2PX = 300 - QXd => 2PX/2 = 300/2 - QXd/2 ) => PX = 150 - QXd/2

b) In calculating consumer surplus, knowing maximum willingness to pay (WTP) is first (Price when Quantity demanded is 0)

PX = 150 - QXd/2

At Q = 0, P = 150

At Px = $45,

QXd = 300 - 2*45

QXd = 300 - 90

QXd = 210

Consumer surplus is the area of the triangle whose base = Quantity demanded and height is the difference between price and WTP

CS = 1/2 * 210 * (150 - 45)

CS = 22050/2

CS = 11025

c) At Px = $30

QXd = 300 - 2*30

QXd = 300 - 60

QXd = 240

CS = 1/2 * 240 * (150 - 30)

CS = 1/2 * 240 * 120

CS = 28800/2

CS = 14400

d. As the price of a good falls, Consumer surplus increases because of increase in distance between WTP and price.

List any THREEshopping skill that you will follow.

Answers

1. Comparing prices
2. Negotiating major purchases
3. Evaluating competing products
4. Separating quality from quantity when clothes shopping
5. Determining want versus need
6. Learning how to just say NO
7. Identifying the right times to buy things
8. Seeing the value in used goods
9. Avoiding shopping hungry OR emotional
10. Knowing your shopping triggers and staying away from them


There are 10 shopping skills that we can follow , you can choose any 3 from these and answer your question.

An elementary school student brings her mother, Kathryn, in for parent career day. Kathryn discusses what she does on a daily basis in her career as a firefighter. She also tells the students that firefighting is a family tradition, because her father and brother are firefighters too.

What roles is Kathryn fulfilling while at the school?

Answers

Answer:

isnt it an elementary school student is her role?

Explanation:

Answer:

l

Explanation:

An individual has utility function U(x)=x1/4U(x)=x1/4 for salary, and is considering new job offer which pays $80,000 with a bonus. The bonus will be $0, $10,000, $20,000, $30,000, $40,000, $50,000, or $60,000, each with equal probability. What is the certainty equivalent of this job offer?

Answers

Answer:

108,280.22

Explanation:

Certainty equivalent is solved by taking the inverse utility function from the expected utility of a random wealth variable

U(x) = x^1/4

U^-1(x) = x^4

U^-1(x) === x^4

CE(x) = x^4

Salary   Bonus   Total income   U(x)= x^(1/4)       P(x)        U(x)*P(x)

80000       0          80000               16.82                1/7             2.4

80000    10000     90000               17.32                1/7            2.47

80000    20000    100000              17.78                1/7            2.54

80000    30000    110000               18.21                 1/7            2.6

80000    40000    120000              18.61                 1/7            2.66

80000    50000    130000              18.99                1/7            2.71

80000    60000    140000              19.34                1/7             2.76

Sum                                                                                             18.14

CE(x) =  18.14^4

CE(x) = 108280.22

So therefore,  the certainty equivalent of this job offer is 108,280.22

Guya paid 20% more for a name-brand entertainment system than a generic one would have cost.assuming the generic system was $400, how much did he pay for his entertainment system

Answers

Answer:

$480

Explanation:

Find 1% of the cost.

100% = 400

1% = 400 ÷ 100 = 4

Since they are asking for entertainment system, which costs 20% more than the generic, find out 120%.

120% = 4 x 120 = 480

Many times a business sends out a multitude of materials to people across the country. If for every document they want to showcase particular information such as the company name or contact information, why is creating and saving a template through Quick Style templates worth the time?

Answers

Explanation:

In the Precipitation Map of Washington, the dark orange section indicates low rainfall in the region. Using the Shaded Relief Map of Washington, you can tell that this area is flat, possibly a plain. These areas normally don't get a lot of moisture. The Washington Precipitation Map has regions that are dark purple and dark orange. This means that they both get a lot of rain every year. If you look at these areas on the Washington Shaded Relief Map, you can see that these areas with a lot of rainfall are mountainous.

On the Washington Precipitation Diagram, purple/blue means more rain, and orange/red means less rain. Washington's Shaded Relief Map shows the mountains (br)

Click this link to view O*NET’s Work Styles section for Biomedical Engineers. Note that common work styles are listed toward the top and less common work styles are listed toward the bottom. According to O*NET, what are some common work styles needed by Biomedical Engineers? Check all that apply.


analytical thinking

negotiation

dependability

integrity

dominance

attention to detail

Answers

Answer: analytical thinking

dependability

integrity

attention to detail

Explanation:

Biomedical engineering is also referred to as medical engineering and it has to do with how the principles of engineering are applied to medicine.

According According to O*NET, the common work styles that are needed by the Biomedical Engineers are analytical thinking, dependability, integrity and attention to detail.

Answer:

analytical thinking

dependability

integrity

attention to detail

Explanation:

Enter text- Apply A text Effect

Answers

This is not the app for this !!

HELP ME PLEASE!!
what is the most important information you can use to make a decision on a loan?
A. loan APR
B. loan length
C. bank's reputation
D. bank's lobby hours

Answers

Answer:

C. bank's reputation

Explanation:

If a bank issues loans at half prime, it won't matter if their customer service is subpar.

Answer:

Don't yell at me if I get it wrong but I think it's C.

What is an investigation?

an attempt to prioritize and analyze risks

an attempt to improve the quality of something

an attempt to collect and analyze information about an incident

an attempt to reduce the costs of risks

Answers

Answer:

An attempt to collect and analyze information about an incident

Answer:

C. an attempt to collect and analyze information about an incident

Explanation: Hope it helps ^w^

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Which of the following is a possible reason that the U.S. Bureau of Labor Statistics predicts minimal growth in the career group of the arts, AN, and technology between 2010 and 2020? (Select all that apply.) outsourcing of AN-type jobs the ability of one person to complete many different tasks related to this career area fewer productions being createdautomated broadcast capabilities The caste system or social divisions in ancient India were called the _______. a. Varnas c. Sanskrit b. Sudras d. the Vedas brainlyestplz hury plzpzlplzplzplzplzplz Shell Shock was a medical condition caused by the terrors of war and the terrible living conditions that was recognized beginning of the warA: TrueB: falsePlease help as soon as you can What is the measure of angle ABD in trapezoid ABCD?24406492 9. I have the lowest electronegativity of the nonreactive elements. My family name is ____________. I am classified as a ___________. I have _____________ valence electrons. How many moles are there in 3.45 moles of Carbon Solve for all values of x by factoring. x^2 2x4= -2x+5 Lila and Robert attend different high schools. They will estimate the population percentage of students at their respective schools who have seen a certain movie. Lila and Robert each select a random sample of students from their respective schools and use the data to create a 95 percent confidence interval. Lilas interval is (0.30,0.35), and Roberts interval is (0.27,0.34). Which of the following statements can be concluded from the intervals?Group of answer choicesLilas sample size is most likely greater than Roberts sample size.Roberts sample size is mostly likely greater than Lilas sample size.Lila and Robert will both find the same sample proportion of students who have seen the movie.Lilas interval has a greater degree of confidence than that of Robert.Roberts interval has a greater degree of confidence than that of Lila. What is the volume of this triangular pyramid? What will happen to this cell?A) it will shrinkB) nothingC) it will explode Help please ill give 20 points *** PLEASE HELP*** 1. What does 4x + 10x = and 2.Which expression is an example of having like-terms?4x + 4y4x2 + 5y25x + 3x8 - 4x What was the outcome of the 1917 October Revolution?-Vladimir Lenin was ousted from power.-It set up a permanent and stable government.-The Bolsheviks launched a coup d'etat against the government.-The peasants won and established a democratic government. 3) What is an equation for the line that passes through the coordinates (-1.2) and (7,6) ? (a)Name the type of particles that exist in the following objects.(i) Gold ring:(ii) Water:(iii) Balloon: HELP PLEASE. brainliest, 30 points. Imagine you are the same age (16) and gender (f) but living in East Berlin, East Germany in November 1989. The ugly concrete and barbed wire wall dividing East and West Berlin is being knocked down. Write about the emotions you might be feeling at that moment. (Remember, imagine that you are living in East Berlin...the Communist-controlled side.) If the cost of a dozen pencil is 96 . find the cost of 18 pencil plz fast i have to summit now 9. What is the best source of vitamin C in a balanced diet?A fishB fruitC meatD rice Write formal descriptions of the following sets.(a) The set containing the numbers 1, 10, and 100(b) The set containing all integers that are greater than 10(c) The set containing all natural numbers that are less than 10(d) The set containing nothing at all(e) The set containing the empty string(f) The set containing the string abc Given the waveform below, derive the output waveform (Q) for the respective devices. All outputs start at RESET (Q = 0) state a) S-R latch assuming A = S and B = R.b) Gated D latch assuming C = EN and B = D.c) Negative Edge-triggered D Flip-flop assuming C = CLK and A = D.d) Positive Edge-triggered J-K Flip-flop assuming C = CLK, A = J, and B = K.