During 2019, Addison, a single taxpayer, has the following gains and losses: 
a.How much is Addison's tax liability if she has taxable income of $24,000 and is in the 12% tax bracket?
b.How much is her tax liability if her taxable income is $188,000 and her tax bracket is 32% (not 12%)?
Definitions:
Distinctive Competency
A unique capability or skill that gives an organization a competitive advantage over its peers.
Business Portfolio
The collection of businesses and products that make up a company, analyzed for strategic planning to enhance business performance.
Diversification Analysis
A technique that helps a firm search for growth opportunities from among current and new markets as well as current and new products.
Business Portfolio Analysis
A strategic evaluation that examines a company’s range of products or services to determine their individual strengths, weaknesses, and contributions to overall business goals.
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