If Sophia's Tax Liability Increases from $10,000 to $15,000 When

question 111

Multiple Choice

If Sophia's tax liability increases from $10,000 to $15,000 when her income increases from $30,000 to $40,000, her marginal tax rate is

• A) 33 percent.
• B) 35 percent.
• C) 50 percent.
• D) 60 percent.

Recognize strategies suited for business renewal and stabilization such as restructuring, turnaround, and liquidation.

Comprehend the strategic implications of business growth through mergers, acquisitions, and global expansion.

Analyze the strategic reasons behind the acquisition of suppliers or distributors.

Assess the potential of diverse business opportunities using the BCG Matrix.

---

Definitions:

System Unit

The main body of a computer, housing the motherboard, central processing unit (CPU), power supply, and more, excluding peripheral devices.

Optical Media

Storage disks such as CDs, DVDs, and Blu-rays that use laser light to read and write data.

Jump Drive

Another term for USB flash drive, a portable storage device that connects to a computer's USB port allowing the transfer and storage of data.

USB Drive

A portable storage device that uses Universal Serial Bus (USB) technology to store and transfer data between computers and other devices.