1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
OlgaM077 [116]
3 years ago
4

Raymond Moss, vice president of Moss Auto Parts, gets an annual bonus of 15% of any income, before deducting bonus and income ta

xes, above $100,000. Income before bonus and income taxes is $250,000. The effective income tax rate is 30%.
Mathematics
1 answer:
ivanzaharov [21]3 years ago
0 0

Bonus amount = $ 37,500

Income tax expense = $ 62,500

<u>Step-by-step explanation:</u>

To find the bonus, we have to calculate 15% of $ 250,000.

15% × 2,50,000  

$\frac{15\times2,50,000}{100} = 37,500

So the bonus amount is $ 37,500.

To find the income tax expense, we have to subtract bonus from the sum of bonus and income tax as,

$ 100,000 - $ 37,500 = $ 62,500

You might be interested in
PLEASE SOLVE TODAY!!!!!!!!!!! ITS DUE PLZZZZZZZZZZZZZZZZ THX -A test has thirty questions worth 100 points. The test consists of
matrenka [14]
100=8m+3t is the formula if you want the answer ask me
6 0
3 years ago
Sam uses 2/3 cup of sugar to make cookies. How many cups will Sam use to make five batches. Write your answer in two ways. Impro
frosja888 [35]

Answer:

Improper fraction = 10/3 cups

Mixed fraction = 3 1/3 cups

Step-by-step explanation:

Given;

Sam uses 2/3 cup of sugar to make cookies

Rate = 2/3 cup per batch

To make 5 batches, he would need;

Amount = number of batches × rate per batch

Amount = 5 batches × 2/3 cups per batch

Amount of sugar he would need = 10/3 or 3 1/3 cups

4 0
2 years ago
Can someone answer this for me pls and thank you
kherson [118]

x in terms of b:

-2(bx - 5) = 16

-2bx + 10 = 16

-2bx =  6

    x = 6 / -2b

    x = -3/b

--------------------------------

when b = 3 then

-2(3x - 5) = 16

-6x + 10 = 16

-6x =  6

  x = -1

Answer

The value of x in terms of b is -3/b

The value of x when b is 3 is -1

4 0
3 years ago
Leila is buying a dinosaur model. The price of the model is xxx dollars, and she also has to pay a 7\%7%7, percent tax.
svlad2 [7]

Answer:

Leila is buying a dinosaur model. The price of the model is xxx dollars, and she also has to pay a 7\%7%7, percent tax.

Which of the following expressions could represent how much Leila pays in total for the model?

Step-by-step explanation:

The original price of the dinosaur model is "x" dollars

On top of that, the sales tax is 7% of the original price

Hence,

The total price would be the original amount PLUS the taxed amount

Original Amount = x

Taxed Amount = 7% of x

That is, 7% in decimal multiplied with "x".

7/100 = 0.07

0.07 * x = 0.07x

Total amount = x + 0.07x = 1.07x

The expression for total amount is 1.07x

0 0
3 years ago
Read 2 more answers
A senior class at Smith High School has 84 students.
sattari [20]

Answer: 44 boys and 40 girls

Step-by-step explanation:

x = number of girls

x + 4 = number of boys

x + x + 4 = 84

2x + 4 = 84

2x = 80

x = 40

84 - 40 = 44

3 0
3 years ago
Other questions:
  • Round the number 784,072 to the nearest hundred thousand
    15·2 answers
  • Nick's telephone company charges $0.07 per minute for weekend calls and $0.08 per minute for calls made on weekdays. This month
    14·1 answer
  • In 1975, the population of Hobart was 217135. In 1985 the population was 231135. What was the population increase from 1975 1985
    11·2 answers
  • Why is the library not adding any more fairy tales
    5·2 answers
  • How does the parametric form help solve qx + rx = s for x ?
    6·1 answer
  • In Alan"s class there are 12 boys and 13 girls what is the ratio of boys and girls
    6·1 answer
  • Theoretical Probability is?
    9·1 answer
  • 30% of 50<br><br> what’s the easiest and fastest way to solve it?
    15·2 answers
  • (10,4) and (14,2) slope​
    9·1 answer
  • Can the numbers 12,6 , 6 be used to form the sides of a triangle
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!