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Luden [163]
4 years ago
13

What is the difference between gross pay and net pay?

Business
1 answer:
Kazeer [188]4 years ago
5 0
The difference is the amount that is taken out of the wages for taxes,benefits and other voluntary deductions 
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Which of the following statements is definitely true when price is less than average total cost for a firm producing the profit-
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Answer:

d. The firm will minimize its losses by shutting down.

Explanation:

The price multiplied the number of output is the revenue, which is less than the total cost as in this scenario. So this company is always lost.

Lost = number units x (cost – price)

The lost is as high as the number of unit produced.

Given the company do not have any room to improve the profit as it’s producing the profit-maximizing level of output; it’s the best for this firm to shut down.

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3 years ago
An American manufacturer has been asked to provide construction equipment to a foreign government. The contract is for a sizable
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4 years ago
Buying a new car can create a financial challenge because...
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B. Car payments must become part of the budget.

8 0
3 years ago
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A year end review of Accounts Receivable and estimated uncollectible percentages revealed the​ following: Days Outstanding Accou
olganol [36]

Answer:

A. $ 8 comma 730.

Explanation:

The computation is shown below:

For 1 - 30 days    

= $61,000 × 2%

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For 31 - 60 days

= $44,000 × 5%

= $2,200

For 61 - 90 days

= $21,000 × 11%

= $2,310

Over 90 days

= $9,000 × 50%

= $4,500

So, the total amount is

= $1,220 + $2,200 + $2,310 + $4,500

= $10,230

Now the Account Expense  is

= Total expense - credit balance

= $10,230 - $1,500

= $8,730

3 0
3 years ago
An ad for Bud Light ran six times during a recently televised football game. When measuring IMC results for this ad, six would b
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Answer: (A.) Frequency

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