Question

A good estimation for planning on purposes is to figure on ________ of your gross income to be realized income.

Answer 1

Mkay so the first one is correct and that ties into the second one because if you divide 40,000 by 65% you end up with a larger number, which doesn't make sense so we multiply. So for the third one we would need to find out how much you make every two weeks and if you work 28 hours each week that would add up to 56 hours, then you multiply that by the pay made every hour and get $630, and I believe realized income means it hasn't or won't be taxed so 630 is the answer. Then for the final one we would simply multiply the hours worked every week, 35, by our answer choice until we have an answer over 395, which would be 11.29 an hour, giving an income of $395.15. Let me know if this helps any.