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
gayaneshka [121]
3 years ago
9

John Gates made $25,000 last year and paid $2,500 in taxes. What percentage of his income did John pay in taxes?

Business
1 answer:
Katen [24]3 years ago
8 0

Answer:

10%

Explanation:

The Percentage of tax that John pays on his income last year shall be calculated using the below mentioned formula

Percentage of taxes=taxes paid by John/total income of John last year

In the given question

tax paid by John=$2,500

total income of John last year=$25,000

Percentage of taxes=2,500/25,000=10%

You might be interested in
Which statement best describes the variety of workplaces commonly found in the Health Science career cluster? A. Workplaces in t
Mars2501 [29]

People who work in Health Science career clusters can expect a career that deals with promoting health to treating diseases. Some examples of professions in this cluster include dietitians, neurologists, and biomedical engineers. With a wide variety of professions that are included in this cluster, the workplaces where these individuals can work are also equally as diverse.

Thus, the best answer for the question is (C) workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices.

8 0
3 years ago
Read 2 more answers
Realized income is also known as
sertanlavr [38]
Taxable Income.
I hope this helps! :)
4 0
3 years ago
Read 2 more answers
2. Explain two ways that an informational interview is different from a job interview 3. Describe two ways that an informational
stiv31 [10]
Informational interview is were you get information like for example how people on talk shows interview people.... a job interview is to not get information but its to get a job... one way its benefitial is that one you get information and two it helps you to understand things from their point to view... two questions i would ask in an informational interview would be ''whats your point of view'' and ''whats something you would want people to know about this that they don't already know... hope this helps!!! :)
5 0
3 years ago
A large percentage of the population in ethiopia and afghanistan make insufficient money to afford food and other necessities of
Alex_Xolod [135]
<span>This is absolute poverty. This is the state of being where the daily needs of a person or family are not being met, even after completing a day's work. This is in relation to relative poverty, which is based on the standards of living in a certain country. Absolute poverty is the standard at which anyone in any part of the world would be unable to meet their basic food and housing needs.</span>
3 0
3 years ago
Schwiesow Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.05 Direct labor
patriot [66]

Answer:

The contribution margin per unit is $5.1

Explanation:

The contribution margin per unit is the amount from selling price per unit after deducting all the related variable costs per unit. This is the amount that each product contributes towards covering the fixed costs.

<u />

<u />

<u>Contribution margin per unit:</u>

Selling price per unit                              18.7

<u>Less : Variable cost per unit</u>

Direct material                                       (7.05)

Direct labor                                             (3.5)

Variable manufacturing Overhead       (1.65)

Sales commission                                  (1.00)

Variable Admin expense                     <u>  (0.40)</u>

Contribution margin per unit                  5.1

3 0
3 years ago
Other questions:
  • You heard somebody say, Marketing is just sales and advertising" Discuss the accuracy of this statement
    11·1 answer
  • Socks unlimited produces sport socks. the company has fixed expenses of $ 85 comma 000 and variable expenses of $ 1.20 per packa
    14·1 answer
  • In the discussion of German and Japanese postwar growth, the text describes what happens when part of the capital stock is destr
    8·1 answer
  • The making of the movie Waterworld cost a total of $180 million. It generated a total of $130 million in revenues. $70 million w
    15·1 answer
  • Richards Corporation uses the weighted-average method of process costing. The following information is available for October in
    13·1 answer
  • Which statement is correct in regard to renting a home?
    15·1 answer
  • Grant Corporation is looking to purchase a building costing $1,300,000 by paying $500,000 cash on the purchase date, and agreein
    14·1 answer
  • Hi Phi Sound Unlimited has a monopoly over the installation of surround sound systems. Hi Phi Unlimited's total revenue from ins
    10·1 answer
  • Why is ceo. how can we become ceo​
    9·2 answers
  • A collection of related web pages for one individual or organization is what?​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!