3 years ago

3. What is the key difference between Net Pay and Gross Pay?

Business

1 answer:

Step2247 [10]3 years ago

6 0

Answer:

B- Net pay is the total amount of money you get AFTER taxes are deducted.

Explanation:

Gross pay is earning an individual gets before any deductions are made. It is comprised of the time or piecemeal rate, allowances, bonus, commissions, and any other benefits that an individual is entitled to.

Net pay is the take-home earning. It is pay that has been subjected to taxation and other deductions. To a salaried employee, net pay is the amount that gets to his or her account. In other words, net pay is gross pay minus taxes and other deductions. Usually, the gross pay amount is higher than the net pay.

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max2010maxim [7]

Answer:

Explanation:

a.Present value of inflows=cash inflow*Present value of discounting factor(rate%,time period)

=150,000/1.12+210,000/1.12^2+360,000/1.12^3

=557580.18

NPV=Present value of inflows-Present value of outflows

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(Yes)

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3 years ago

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Answer:

$270,000

Explanation:

Contribution per kite = $6.50 - $3.50 = $3.00

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Since;

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We have:

90,000 = Fixed cost / $3.00

Fixed cost = 90,000 * $3.00 = $270,000

Therefore, Ocean City Kite Company's fixed costs is $270,000.

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3 years ago

You visit a tropical island that has only four goods in its economy—oranges, pineapples, coconuts, and bananas. there is no mone

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An increase in consumer income increases the demand for automobiles. As a result of the adjustment to a new equilibrium, there i

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Answer:

B. upward movement along the supply curve.

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