Please give detailed solution.

1.) Weisus personal tax rates are shown below. Her income last year was $333,000 and the first $12,000 earned was tax-exempt: (9 mark)

A. How much income tax will Weisu pay?

B. Calculate her marginal tax rate.

C. Calculate her average tax rate.

Income

First $45,225

over $45,225 up to $47,630

over $47,630 up to $95,259

over $95,259 up to $129,214

over 129,214 up to $147,667

over $147,667 up to $210,371

over $210,371

2.) An decrease in the receivables turnover means that:

A. Most customers are paying faster.

B. The prices of items purchased are rising.

C. The days' sales in receivables are decreasing.

D. Profit margins are decreasing.

E. Customers are paying their bills slower

3.) Capital gains is best described as:

A. The increase in the market value of current assets.

B. The increase in the market value of long-term capital assets.

C. The increase in value of shareholders' equity.

D. The increase in value of a firm's intangible assets.

E. The growth in value of investments that were purchased at a lower price than the amount sold.