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
skad [1K]
3 years ago
14

When making a major purchase, first determine your ______ income by subtracting the deductions from your gross pay.

Business
2 answers:
Bingel [31]3 years ago
6 0

Answer:

When making a major purchase, first determine your  <u>net </u> income by subtracting the deductions from your gross pay.

Explanation:

In business and accounting, net income is an entity's income minus cost of goods sold, expenses and taxes for an accounting period.

Marysya12 [62]3 years ago
3 0

Answer:

net income

Explanation:

There are two concepts of income. Gross income, which is the nominal amount of salary, and net income, which is gross income minus all income taxes. For example, if you have a contract-negotiated $ 5000 salary, this is your gross income. Your net income is the total left over for you after the tax is levied. For example, if your income of $ 5000 incurs $ 700 of taxes, your net income will be $ 4300.

You might be interested in
Sales revenue
Ne4ueva [31]

Answer:

may be recorded before cash is collected.

Explanation:

Sales revenue "may be recorded before cash is collected."

This is according to Accrual accounting, which unlike the cash model that requires payments to be made before sales revenue is recorded.

In the Accrual accounting model, sales revenue recording is not based on cash collection before it is recorded. Here, the revenue is recorded in as much the transferred goods are made and collection of payment is determined or expected.

4 0
3 years ago
A portfolio manager buys $1 million of U.S. Treasury bills maturing in 90 days at a price of $990,390 and discount rate of 3.8%.
ioda

Answer:

A. Outperforming the benchmark

Explanation:

Calculation to determine what the manager's portfolio

First step is to calculate the Treasury bill, bond-equivalent yield for U.S.

Using this formula

Treasury bill

=(Face value − Market value) / Market value × 365 / 90

Let plug in the formula

Treasury bill= ($1,000,000 − 990,390) / 990,390 × 365 / 90

Treasury bill=0.0097 × 0.04056

Treasury bill= 3.93%.

Second step is to calculate The total market value of the portfolio

Total market value portfolio=$990,390 + $100,000 + $200,000

Total market value portfolio= $1,290,390

Now let calculate the manager's portfolio

Manager's portfolio=3.93% ($990,390 / $1,290,390) + 4.34% ($100,000 / $1,290,390) + 4.84% ($200,000 / $1,290,390)

Manager's portfolio=3.93%(76.75%)+4.34%(7.75%)+4.84%(15.50%)

Manager's portfolio=0.0410*100

Manager's portfolio= 4.10%

Therefore Based on the above calculation the manager's portfolio is 4.10% OUTPERFORMING THE BENCHMARK because the manager's portfolio of 4.10% is higher than bond-equivalent yield benchmark portfolio of 4.0%.

7 0
3 years ago
which of the following statements is accurate? group of answer choices nonverbal communication accounts for a higher percentage
agasfer [191]

Nonverbal communication accounts for a higher percentage of communication effectives than does verbal communication.

Nonverbal communication (NVC) involves the exchange of information using nonverbal cues such posture, eye contact, facial expressions, gestures, and body language. It makes use of touch, voice, kinesics, distance (proxemics), physical settings, and appearance, as well as social cues (haptics). It may also involve the use of time (chronemics), eye contact, staring while speaking or listening, frequent glances, fixation patterns, pupil dilation, and blink rate (oculesics).

Charles Darwin's 1872 book The Expression of the Emotions in Man and Animals served as the foundation for the study of nonverbal communication. After observing how animals such as lions, tigers, dogs, and others interacted with one another and realized they also used gestures and facial expressions to communicate, Darwin started to study nonverbal communication. Nonverbal communication was investigated for the first time, and its usefulness was questioned.

Learn more about Nonverbal communication, here

brainly.com/question/28517848

#SPJ4

6 0
1 year ago
Steve King and Chelsy Boxer formed a partnership, dividing income as follows: Annual salary allowance to Boxer of $125,670. Inte
DaniilM [7]

Answer:

King =  29260

Boxer = 183740

Explanation:

The Distribution of Net income will be as follows.

Net Income                                          $213000

<u>Less: Interest on Capital</u>

King                                    3000

Boxer                                  <u>5550</u>           (8550)

<u>Less: Salary</u>

Boxer                                                      <u>(125670)</u>

Residual Profit                                        78780

<u>Share of Profit</u>

King [78780 * 1/3]                                   26260

Boxer [78780 * 2/3]                               <u>52520</u>

<u />

King = 3000 + 26260 = 29260

Boxer = 5550 + 125670 + 52520 = 183740

8 0
3 years ago
A stock's price has risen due to an overall market increase. this increase in price is considered?
maxonik [38]

Answer:

An unrealized capital gain

<h3>Explanation:</h3>
  • The increase in the stock's price is considered an unrealized capital gain or appreciation.
  • A capital gain is only realized if an asset has increased in value and it is subsequently sold at that higher price.

To learn more about it, refer

to brainly.com/question/1870140

#SPJ4

7 0
2 years ago
Other questions:
  • E20.5 (LO 3) (Application of Years-of-Service Method) Andrews Company has five employees participating in its defined benefit pe
    10·1 answer
  • Profit Margin, Investment Turnover, and ROI Briggs Company has operating income of $56,496, invested assets of $214,000, and sal
    10·1 answer
  • Why is it important for managers to pay close attention to their organization’s production system if they wish to be responsive
    5·1 answer
  • Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
    13·1 answer
  • The standard costs and actual costs for direct materials for the manufacture of 2,300 actual units of product are Standard Costs
    12·1 answer
  • Easy career question below first correct answer gets brainliest
    15·1 answer
  • Have my points uf7ttg vgh
    10·1 answer
  • Is it considered cheating to use brainly?
    6·2 answers
  • Which of the following are ways in which most neo-Freudian theorists differ from Freud, according to the text
    12·1 answer
  • if a new poverty measure were calculated to include wealth (total debts subtracted from total assets), that new poverty measure
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!