Jordan and Paul, a married couple, have taxable income of $85,475, which is taxed as follows: $19,050 × 10% =$1,905.00($77,400 - $19,050) × 12% = 7,002.00($85,475 - $77,400) × 22% = 1,776.50Total tax liability$10,683.50Their marginal tax rate is:
A. 12.5%.
B. 22%.
C. 10%.
D. 12%.
Answer: B
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Individuals who expect to get their needs met regardless of the costs are called
A) accommodators B) forcers C) collaborators D) avoiders
Josh purchased a new tie from an upscale men's clothing store to impress the managers he would meet at an important job interview. The day after the job interview, Josh returned the tie to the store for a full refund. This is an example of ________
A) buyer's remorse B) "sweethearting" C) retail borrowing D) shoplifting E) pyramid scheming
Over time, team members develop emotional bonds, which:
a. leads to a convergence of attitudes, beliefs, and values. b. enhances the importance of background differences among team members. c. changes member’s personalities. d. increases diversity in the team.
Continuous reporting to investors and the SEC is a requirement imposed by the Securities Act of 1933
Indicate whether the statement is true or false