3 years ago

What is the difference between gross pay and net pay?

Business

1 answer:

Kazeer [188]3 years ago

5 0

The difference is the amount that is taken out of the wages for taxes,benefits and other voluntary deductions

You might be interested in

If you write a check for an amount greater than your account balance, the result will be _______.

Salsk061 [2.6K]

<span>the result will be an overdraft </span>

7 0

3 years ago

A private, not-for-profit hospital received a donation of medicine from the XYZ Pharmaceutical Company on March 15, 20X9. The co

jeka57 [31]

Answer:

$90,000

Explanation:

5 0

3 years ago

"You found out that now you are going to receive payments of $8,500 for the next 16 years. You will receive these payments at th

Paraphin [41]

Answer:

Present value= $62,722.875≈ $62,723

Explanation:

To calculate present value use this formula

Present value= Yearly payment*{[1-(1+rate)^-period]/rate}

Present value= 8,500*{[1-(1+0.11)^-16]/0.11}

Present value= 8,500* {0.8117/0.11}

Present value= 8500*7.379= $62,722.875

5 0

3 years ago

If a firm enjoys economies of scale up to a certain output level, and cost then increases proportionally with output, what can

Len [333]

Answer:

D. decreases initially and then is horizontal.

Explanation:

A horizontal long run average cost curve reflects increase in cost proportionate to output, so the firm's long run average cost curve will fall initially and then become horizontal.

8 0

3 years ago

What does a decrease in supply result in?

strojnjashka [21]

Answer:

The correct answer is option c.

Explanation:

A decrease in the supply will cause the supply curve to shift to the left. This leftward shift in the supply curve will further cause the demand and supply curve to intersect at a higher point.

As a result, there will be an increase in the equilibrium price and a decrease in the equilibrium quantity.

This also represented in the figure given below.

7 0

3 years ago