Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the marginal tax rate chart to answer the question. Marginal Tax Rate Chart Tax Bracket Marginal Tax Rate 50-$10,275 10% $10,276-$41,175 12% $41,176-$89,075 22%

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Use the marginal tax rate chart to answer the question. Marginal Tax Rate Chart Tax Bracket Marginal Tax Rate 50-$10,275 10% $10,276-$41,175 12% $41,176-$89,075 22% $89,076-$170,050 24% $170,051-$215,950 32% $215,951-$539,900 35% > $539,901 37% Determine the effective tax rate for a taxable income of $75,400. Round the final answer to the nearest hundredth. O 10.05% O 16.27% O 22.00% O 24.90%A construction worker earns an average bi-weekly net pay of $1,764.00. Which compound inequality correctly shows the amount of money, t, the worker can spend if the monthly budget for food is between 10% and 20%? $176.40 s t s $352.80 $352.80 s t s $706.50 $382.20 s t s $764.40 $420.42 s t s $573.30The assets and liabilities of a credit union banker are listed below. Car Value 529,850 Car Loan $10,560 Savings Account Balance $12,409 Treasury Bonds $10,000 Student Loans $13,824 Credit Card Balance 58,051 Checking Account Balance | $19,419 Home Value $194,450 What is the total net worth if the banker pays off the student loans? $219,869 $247,517 $233,693 O $252,304The daily production costs for a golf ball manufacturer can be modeled with the function C(x) = 0.1x2 - 7x + 140, where C(x) is the total cost and x is the number of golf balls produced per hour. Use the graph to answer the question. cost 150 100 50 50 100 number of golf balls produced Which statement shows the correct relationship between production cost and number of golf balls produced? The minimum production cost of 17.5 occurs when 35 golf balls are produced. The minimum production cost of 140 occurs when 0 golf balls are produced. The production cost of 30 golf balls is greater than the production cost of 50 golf balls. The production cost of 20 golf balls is greater than the production cost of 55 golf balls.A basket manufacturing company produces 83,575 woven baskets each year. Determine the minimum sales price the company must sell each basket for to make a profit of $100,000, if the total annual fixed costs are $817,363.50 and the variable cost per basket is $12.17. O $10.98 O $21.95 O $23.15 $31.76

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A First Course in Differential Equations with Modeling Applications

Authors: Dennis G. Zill

11th edition

1305965728, 978-1305965720

More Books

Students also viewed these Mathematics questions