This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The table below shows 2021 federal income-tax rates in Canada.Taxable IncomeMarginal Tax Rate$0 - ... (Read 63 times)

majortom123

  • Full Member
  • ***
  • Posts: 159
on: Oct 12, 2022
The table below shows 2021 federal income-tax rates in Canada.

Taxable IncomeMarginal Tax Rate
$0 - $49 02015%
$49 021 - $98 040  20.5%
$98 041 - $151 97826%
$151 979 - $216 51129%
$216 512 and over33%

TABLE 18-1

Refer to Table 18-1. If an individual had a taxable income of $120 000, how much federal tax would be due from the earnings taxed at the rate of 20.5%?
◦ $1629
◦ $10 049
◦ $24 600
◦ $17 004
◦ $5709
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by majortom123 on Oct 12, 2022

risolinick@gmail.com

  • Full Member
  • ***
  • Posts: 150
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


majortom123

  • Member
  • Posts: 159
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

The graph shows the effect of sonic tuning of the intake manifold runners. The longer runners ... The graph shows the effect of sonic tuning of the intake manifold runners. The longer runners ...
Standing at the head of the table, apply oil or lotion to the entire back and shoulders with ... Standing at the head of the table, apply oil or lotion to the entire back and shoulders with ...
Clear the inguinal catchment area. Face the side of the table at recipient’s waist. Place your ... Clear the inguinal catchment area. Face the side of the table at recipient’s waist. Place your ...
Solow Model with Saving Dependent on Income Level Solow Model with Saving Dependent on Income Level
According to Table 17.1, which will reduce water but not Mg2+? According to Table 17.1, which will reduce water but not Mg2+?
Video: Brain Anatomy Animation (Part 2 of 2)

For a complete list of videos, visit our video library