Question: QUESTION 4 10 points Save Answer If you earn $5,000 per month, your health insurance premium is $400 per month, and your effective tax rate

QUESTION 4 10 points Save Answer If you earn $5,000 per month, your health insurance premium is $400 per month, and your effective tax rate on your income is 15%, how much will you pay in income tax each month when accounting for the fact that the healh insurance premium is deductible from your taxable income

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Contact the career services department at your university and find all the pertinent documents designed to help students find permanent and/or part-time jobs. Analyze the documents and write a brief...

QUESTION 22 10 points Save Answer On a piece of paper you will photograph and email to your section instructor upon completion of the exam, show your work for the following calculations for the...

QUESTION 7 10 points Save Answer "Consider a 5 corporation. The corporation earns $1.5 per share before taxes. The corporate tax rate is 35%6, the tax rate on dividend income is 20%, and the personal...

QUESTION 5 1 points Save Answer An underwriter has determined its exposure for a household insurance policy and the risk factors associated with it. In order to assess the risk over time, the...

TranscribedText: Account Receivables Accounts Payable Sales Revenue Raw Materials Salaries and Wages Payable Cost of Goods Sold Work In Process Salaries and Wages Expense Finished Goods Advertising...

QUESTION 1 10 points Save Answe 1. Using EV/EBITDA method, what would be a good estimate of Abbott's share price? (Abbott belongs to Health Care Product sector and its average EV/EBITDA is 22.67) For...

everything is clear and complete information provided 29 MUR BE 15 PUBEE MC Monty duty ADING O Po hop 11 PLOTEE OBCODE TIE DEPARTMENT LAST NAME CITY FIRST NAME PROV RATING EDUCATION BILINGUAL POSTAL...

Check my work 6 The first quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 15, 2019. For the purpose of the taxes, assume the second February payroll amounts were...

QUESTION 1 On January 1, 2010, Zero Company obtained a $52,000, four-year, 6.5% installment note from Regional Bank. The note requires annual payments of $15,179, beginning on December 31, 2010. The...

Hi Can you assist with the attached assignment? Thanks Bayerische Motoren Werke Aktiengesellschaft (DB:BMW) > Financials > Key Stats In Millions of the trading currency, except per share items....

QUESTIONS 10 points Save Answer Based on Abbott's 2019 financial information, What is Abbott's FCFF of the last fiscal year? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIVS Paragraph...

Vernon Company is a retail company that specializes in selling outdoor camping equipment. The company is considering opening a new store on October 1, 2019. The company president formed a planning...

Give an example of a data set consisting of three natural clusters, for which (almost always) K-means would likely find the correct clusters, but bisecting K-means would not.

Calculate f ' ( 3 ) for the following function: f ( x ) = 6 x 5 f ' ( 3 ) =

22- In a common-emitter amplifier circuit. The upper cutoff frequency is 44 kHz. The output at that frequency is 8.72 V p-p. What is the output voltage at 440 kHz? Choose one of the options: a. 0.872...

Question 40 A sampling circuit must sample a signal at a minimum of - Not yet answered Select one: Marked out of O a. alternate cycles O b. twice the signal frequency 1.00 P Flag question O the...

Refer to the following figure. The voltage at the drain is equal to-- +20 V Ro 2 kn Ip = 6 MA RG 100 Mn Rs-1 kn Select one: O a. 2 V O b. 6 V O c. 8 V

For The circuit shown in the following figure. The oscillation frequency is equal to- 51 ko 2 nF Vo 51 ko 2 nF Select one: a. 3120.70 Hz O b. 6241.37 Hz c. 1560.34 Hz d. 4681.07 Hz

39 - For the op-amp shown in the following figure. The closed-loop voltage gain is equal to -------. Choose one of the options: a. 20 b. 21 c. 100 d. 5 100 k2 R, Vin o R, 5 kl

Among a group of 5 8 programmers, who know either Java or Python or both, 1 5 only know Java and 1 3 only know Python. What is the probability of randomly choosing a programmer who knows both...

3. Give three examples from your own everyday life where a piece of communi-cation is structured into a linear sequence, i.e. B is the cause of A.

2. What information is conveyed through a particular type of metaphor? The answer to the question gives us insight into what code the person using the metaphor uses, and thus an insight into how...

2. Give six examples that silence (not saying anything) or not responding can be very informative to the other party.