In two to three sentences, list the tree steps for effective decisions using marginal analysis

An owner had a profit margin of 50,000 last year.

babunello [35]

1,200,000 is the answer i think, depends 2 what it rounds 2

3 0

1 year ago

Read 2 more answers

Help me plz I will give brainliest

hoa [83]

Answer:

1. Most people file their tax returns in the month of February, March and April.

2. The approximate number of people who filed their returns the first week of February and the week of April 15, combined=21 M

3. Most people don't file their tax returns on January for a variety of reasons namely; this is the period after the festive season most companies are fully back at work, this is the period where most people are still preparing their income statements and financial reports for filing and this process usually takes some time, and finally, most people usually feel like they still have a lot of time to the deadline of filing their returns.

4. An equation to calculate the percentage of people who filed their taxes during the week of April can be expressed as;

Pa=(A/T)×100

5. The deadline for filing the tax returns is usually April 15th. From the graph we note that during the month of January no one attempted to file their returns with very many people filing their returns as the deadline approaches. So in reality most people in this nation are procrastinators since they avoided the tax of filing the tax return only until the deadline was fast approaching

Explanation:

1. Most people file their tax returns in the month of March and April. The number of people who filed their tax returns spiked in the month of February then slowed down a bit in the month of March then spiked again approaching April 15.

2. In the first week of February, about 18 million people filed their tax returns, and in the week of April 15 it was approximately 3 million people. To get the total number combined for February and April we can use the expression;

Total number=Number that filed in February+number that filed in April

where;

number that filed in February=18 M

number that filed in April=3 M

replacing in the above expression;

Total number=18+3=21 M

The approximate number of people who filed their returns the first week of February and the week of April 15, combined=21 M

3. Most people don't file their tax returns on January for a variety of reasons namely; this is the period after the festive season most companies are fully back at work, this is the period where most people are still preparing their income statements and financial reports for filing and this process usually takes some time, and finally, most people usually feel like they still have a lot of time to the deadline of filing their returns.

4. An equation to calculate the percentage of people who filed their taxes during the week of April can be expressed as;

Pa=(A/T)×100

where;

Pa=percentage of people who filed their taxes during the week of April 15th.

A=number of people who filed their tax returns during the week of April 15th

T=total number of people who filed their tax returns

This can also be expressed as;

percentage of people who filed their taxes during the week of April 15th=(number of people who filed their tax returns during the week of April 15th/total number of people who filed their tax returns)×100

5. The deadline for filing the tax returns is usually April 15th. From the graph we note that during the month of January no one attempted to file their returns with very many people filing their returns as the deadline approaches. So in reality most people in this nation are procrastinators since they avoided the tax of filing the tax return only until the deadline was fast approaching

6 0

2 years ago

Ski Market sells snowboards. Ski Market knows that the most people will pay for the snowboards is $129.99. Ski Market is convinc

xenn [34]

Ski Market sells snowboards. Ski Market knows that the most people will pay for the snowboards is $129.99. Ski Market is convinced that it needs a 45% markup based on cost. The most that Ski Market can pay to its supplier for the snowboards is $71.49.

Explanation:

people will pay for the snowboards is $129.99.

Ski Market is convinced that it needs a 45%
The most that Ski Market can pay to its supplier for the snowboard is
= $\frac{129.99}{100}$ ×45
=$ 58.5
=129.99 ±58.5
= $71.49
Therefore, Ski Market can pay to its supplier for the snowboards is $71.49.

3 0

2 years ago

Joe is currently unemployed and without health insurance coverage. He derives utility (U) from his interest income on his saving

sveta [45]

Answer:

1. Joe's expected utility without any insurance coverage is $985.36

2. Joe's expected Income without any insurance is $39,000

3. Joe will not buy insurance; if he buys insurance, it'll lower his income (and utility) to below the level he can expect to obtain without purchasing the insurance.

4. Yes, he will (See Explanation Below)

Explanation:

Given

Function,U= 5(Y^½) where Y = Savings

Let P = Chances of having a heart attack = 5% = 0.05

Let Q = Chances of not having a heart attack = 1 - 5% = 1 - 0.05 = 0.95

Let C = Cost of Treatment = $20,000

Let A = Income per year = $40,000

1. Expected utility without any insurance coverage is calculated as follows:

Expected Utility = 5PC^½ + 5QA½

Substitute respective values in the above equation

Expected Utility = 5 * 0.05 * √20,000 + 5 * 0.95 * √40,000

Expected Utility = 985.3553390593273

Expected Utility = 985.36 ---- Approximated.

Hence, Joe's expected utility without any insurance coverage is $985.36

2. Expected income without any insurance coverage is calculated as follows

Expected Income = QA + P(A-C)

Expected Income = 0.95 * $40,000 + 0.05 * ($40,000 - $20,000)

Expected Income = $39,000

Hence, Joe's expected Income without any insurance is $39,000

3. First, we'll calculate his expected Loss.

Expected Loss is calculated as = ∆Income

∆Income = Difference in Income if he has insurance and if he doesn't

Income if he has insurance = $40,000

Income if he doesn't = $39,000

Expected Loss = $40,000 - $39,000

Expected Loss = $10,000

He has an expected loss of $1,000.

U40,000= $1,000, compared to U39,000 = $987.42, and U38,500= $981.07.

Joe will not buy insurance

If he buys insurance, it'll lower his income (and utility) to below the level he can expect to obtain without purchasing the insurance.

4.

Assume that Joe is taxed at 33% rate, the following analysis applies

Annual tax = 33% of $39,000 = $12,870

He's left with $39,00 - $12,870 = $26,130

Utility = $808.24

If premium = $1,500, the following analysis applies;

Income = $40,000

Taxable Income = $40,000 - $1,500 = $38,500

Annual tax = 33% of $38,500 = $12,705

He's left with $38,500 - $12,705 = $25,795

Utility = $826.06

If he chooses tax free insurance, the following analysis applies.

Utility is greater

If premium is tax exempt, he'll pay insurance

This means that incentives can apply for people with good investments.

As it is, currently the US is making attempts to do with fines for failure to carry health insurance under ACA.

4 0

2 years ago

Teams can fail because of tasks team members do (or fail to do), as well as tasks that managers do (or fail to do). Which of the

nadya68 [22]

Answer:

Wrong failure to form trusting relationships with all members of the team

5 0

2 years ago