A married couple earned $95,000 in 2018. How much did they pay in taxes? a. What was
Question:
A married couple earned $95,000 in 2018. How much did they pay in taxes?
a. What was their marginal tax bracket?
b. What was their average tax bracket?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 90% (10 reviews)
Taxes 9525 x 010 38700 9525 x ...View the full answer
Answered By
Keziah Thiga
I am a self motivated financial professional knowledgeable in; preparation of financial reports, reconciling and managing accounts, maintaining cash flows, budgets, among other financial reports. I possess strong analytical skills with high attention to detail and accuracy. I am able to act quickly and effectively when dealing with challenging situations. I have the ability to form positive relationships with colleagues and I believe that team work is great key to performance. I always deliver quality, detailed, original (0% plagirism), well-researched and critically analyzed papers.
4.90+
1504+ Reviews
2898+ Question Solved
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1260566093
10th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
Question Posted:
Students also viewed these Business questions
-
A married couple earned $95,000 in 2014. How much did they pay in taxes? a. What was their marginal tax bracket? b. What was their average tax bracket?
-
A married couple earned $95,000 in 2011. How much did they pay in taxes? What were their marginal and average tax brackets?
-
A married couple earned $95,000 in 2016. How much did they pay in taxes? a. What was their marginal tax bracket? b. What was their average tax bracket?
-
Differentiate the function. f(x) = ln(x 2 + 10)
-
Write the equation of each parabola. Each parabola is a transformation of the graph of the parent function y = x2. b.
-
Forecasts and actual sales of digital music players at Just Say Music are as follows: a. Plot the data on a spreadsheet and provide insights about the time series. b. What is the forecast for...
-
Clarify the need for evaluation in recruitment
-
Twentieth Century Fox (Fox) owned and distributed the successful motion picture The Commitments. The film tells the story of a group of young Irish men and women who form a soul music band. In the...
-
1- If you wish to accumulate $100,000 in the child's college fund after 18 years, and can invest at a 6% annual rate, how much must you invest at the end of each year if the first deposit is made at...
-
The Northshire Hospital Trust operates two types of specialist X-ray scanning machines, XR1 and XR50. Details for the next period are estimated as follows: A brain scan is normally carried out on...
-
This activity requires teamwork to reinforce the understanding of the hierarchy of activities commonly found in ABC systems in manufacturing companies. Required: 1. The team should discuss and then...
-
Which of the following are real assets, and which are financial? a. A share of stock b. A personal IOU c. A trademark d. A truck e. Undeveloped land f. The balance in the firms checking account g. An...
-
Jorgensen Corporation uses standard costs with its job order cost accounting system. In January, an order (Job No. 12) for 1,900 units of Product B was received. The standard cost of one unit of...
-
(a)The local police station found that the speed of vehicles travelling around the suburb in the 60 km/hour zone varies uniformly between 55 km/hour and 62 km/hour. What is the probability that the...
-
Consider the following fixed-point iteration: xn+1 = g(xn), where [f(x)] 2 g(x) = x (x + f(x)) f(x)* (a) What is the order of convergence for the method? (e.g. what is p?). Hint: Show that the method...
-
Problem 1. In a study of infant birth weight and maternal factors, the newborn babies were categorized as being either small size for gestational age (N=201) or normal size (N=2089). The following...
-
Max 1 page allowed] Consider a DRAM chip of capacity 256 KB and each memory location contains 8 bits. The memory chip is organized in matrix form with equal number of rows and column for each memory...
-
find the dimensions of a notman window of perimeter 3 9 ft that will admit the greatest possible amount of light. Round answer to two decimal places
-
A numbered wheel is divided into eight sectors of equal size, as shown. The wheel is spun until it stops with the arrow pointing at one of the numbers. Axel decides to spin the wheel 400 times. a....
-
Find the market equilibrium point for the following demand and supply functions. Demand: 2p = - q + 56 Supply: 3p - q = 34
-
Choose the term within the parentheses that best matches each of the following descriptions. a. Expenditure on research and development (financing decision I investment decision) b. A bank loan (real...
-
Is limited liability always an advantage for a corporation and its shareholders? Could limited liability reduce a corporation's access to financing?
-
Explain the differences between the CFO's responsibilities and the treasurer's and controller's responsibilities.
-
QUESTION 3 A business owns seven flats rented out to staff at R500 per month. All flats were tenanted Ist january 21 months rent was in arrears and as at 31st December 14 months' rent wa Identify the...
-
1. 2. 3. Select the Tables sheet, select cells A6:B10, and create range names using the Create from Selection button [Formulas tab, Defined Names group]. Select cells B1:F2 and click the Name box....
-
Tropical Rainwear issues 3,000 shares of its $18 par value preferred stock for cash at $20 per share. Record the issuance of the preferred shares. (If no entry is required for a particular...
Study smarter with the SolutionInn App