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ACC501 GDB 1 Solution Fall 2022

ACC501 GDB 1 Solution Fall 2022

       

ACC501 GDB 1 Solution Fall 2022





Are you looking for ACC501 GDB 1 Solution FALL 2022?  Then Your Landing on the Right Place . This Website is for Assignment Quiz and Gdbs of Virtual University of Pakistan. This   is an idea solution of assignment .Please Make Some changes in assignment otherwise we are not responsible for Zero marks.


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MTH001 Assignment 1 Solution Fall 2022 || MTH001 Assignment 1 Solution

 

ACC501 GDB 1 Solution FALL 2022

ACC501 GDB 1 Solution Fall 2022 

 


Part A 

Computation of Total Tax Liability; Average Tax Rate and the Marginal Tax  Rate. 

Income Bracket 

Tax Rate 

Taxable Income

0 - 400,000 

10% 

400,000*10/100 = 40,000

400,001 - 500,000 

21% 

100,000*21/100 = 21,000

500,001 - 600,000 

29% 

100,000*29/100 = 29,000 

Total 


90,000



Total Tax Liability Tax Rate 90,000 Average Tax Rate: Total Tax Liability / Total Income 

Average Tax Rate 15% = 90,000/600,000 = .15 Marginal Tax Rate 18% 

Part B 

Suggest which tax rate can give him more tax benefits. 

Average tax rate in beneficial than marginal tax rate  


 






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Cs604  Assignment 1,

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Cs602 Assignment 2 Solution Spring 2022 || Cs602 Assignment 2 Solution

 

 


Final term Past Paper

 

 

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Cs304 Assignment 1 Solution FALL 2022 || Cs304 Assignment 1 Solution

Cs304 Assignment 1 Solution FALL 2022 ||Cs304 Assignment 1 Solution

 

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