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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.

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s344n2d4d5 [400]

It is important to name an executor B. To provide that beneficiaries acquire whatever they want from the estate.

<h3>Who is an executor?</h3>

An executor exists as someone who stands responsible for executing or following an assigned task or duty. The feminine form, executrix, may sometimes be utilized.

An executor typically presents the will for probate, brings the action to rescue the assets of the estate, creates distributions of effects to beneficiaries, and produces the debts and taxes of the estate.

An executor handles your estate when it's in probate (aka the procedure of being distributed and carried out). Particularly, they begin and observe through the probate approach. They also manage your assets, pay your obligations, and allocate property to your heirs as summarized in your will

Hence, It is important to name an executor B. To provide that beneficiaries acquire whatever they want from the estate.

To learn more about executor refer to:

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7 0
1 year ago
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Define a strong dollar?
lora16 [44]

Answer:

A strong dollar occurs when the U.S. dollar has risen to a level against another currency that is near historically high exchange rates for the other currency relative to the dollar.

Explanation:

3 0
3 years ago
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In the Month of March, Digby received orders of 104 units at a price of $15.00 for their product Dell. Digby uses the accrual me
Ilia_Sergeevich [38]

Answer:

$1,560 and $0

Explanation:

According to the accrual method of accounting, the revenue should be recognized when it is realized or when the sale is made not when the cash is received

Since Digby delivers 104 units in April

So for the March income statement, the amount is

= 104 units × $15

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And, for the April income statement, it would be zero as the total units order received in March only

6 0
3 years ago
Antonio lives in New York City and runs a business that sells guitars. In an average year, he receives $723,000 from selling gui
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How does microcredit help poor people establish thriving small businesses? why is microcredit targeted primarily to women?
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Microcredit help poor people establish thriving small businesses because it provides a small finacial loan made to proverty stricken individuals who want to start their own business. Hence the objective of this microcredit is for the poor people for self-employment. The following are the reasons why microcredit targeted primarily to women because women make better use of small loans than men. That most women do not spend their money on snacks or luxuries than men but instead use their money into providing food for their children/family. Women have a better track record when it comes to repayment, women are a huge untapped labor pool, women have the right to access capital and lastly women who receive loans adopt healthier lifestyles and are empowered. 

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