Tom sold mutual fund shares he had owned 3 years so that he could use the proceeds to return to college. tom is in the 15% marginal tax bracket and his capital gains from this sale were $11,000. how much tax would tom owe on those gains?

What is activity based costing?

What two conditions must producers meet for there to be supply of a product?

What was one reason that businesses moved to the South?

A network structure is: Group of answer choices A collection of independent organizations A combination of vertical and horizontal lines of authority Arranged by geographical location Arranged by the type of job - for instance, people who work in IT

Which of the following functions of money would bartering for items fall under? A. medium of exchange B. imports and exports C. relative value D. storing value

Property taxes and fines represent which of the following classes of nonexchange transactions for government units? Group of answer choices Government-mandated nonexchange transactions.

You want to go to Europe 5 years from now, and you can save $3,100 per year, beginning one year from today. You plan to deposit the funds in a mutual fund which you expect to return 8.5% per year.

Pacific Packaging's ROE last year was only 6%; but its management has developed a new operating plan that calls for a debt-to-capital ratio of 40%, which will result in annual interest charges of $336,000.

Joe has $100,000 in an investment account. He is looking to retire in 12 years. He needs a minimum of $240,000 in order to retire. What rate of return does Joe need to make on his investment in order to be able to retire?

Toombs Media Corp. recently completed a 3-for-1 stock split. Prior to the split, its stock sold for $160 per share. The firm's total market value was unchanged by the split.