My Courses Whitney is paid with straight commission of 6.55 %, and her expected annual sale is $2,150,000.00. What is his total tax based on the following rate (round to the nearest cent)? Taxable Income Tax Rate $0 to $12,000.00 0.00% $12,001.00 to $56,000.00 6.70% $56,001.00 to $100,000.00 10.30% $100,001.00 and more 15.25% O a. $21,475.81 O b. $14,504.98 c. $13,705.81 d. $19,645.81 Questc Not yet Miranda works 25 hours a week and her monthly salary is $2,750, What is her annual salary (round to the nearest cent)?

A customer makes a taxable purchase of 44,000. Assuming the applicable sales tax rate is 8.75%, how much will the customer owe? Please round your answer to the nearest whole dollar. Do not include dollar signs. O 47,454 O 44,000 48,750 none of the above

Which of the following statements is true regarding education tax credits? Group of answer choices The American Opportunity credit permits a maximum credit of 20% of qualified expenses up to $10,000 per year. The lifetime learning credit is available for qualifying tuition and related expenses incurred by students pursuing only graduate degrees. The American Opportunities Credit is only available for the first four-years of higher education. The American Opportunity Credit is calculated per return, while the lifetime learning credit is available per eligible student.

If you would have to pay $5,000 in taxes on $50,000 taxable income and $8,000 in taxes on $60,000 taxable income, then the marginal tax rate on the additional $10,000 of income is A.- 15 percent, and the average tax rate is 30 percent at the $60,000 income level. B.- 30 percent, and the average tax rate is about 13 percent at the $60,000 income level. C.- 30 percent, but average tax rates cannot be determined from the information given. D.- 30 percent, and the average tax rate is 20 percent at the $50,000 income level.