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Tasya [4]
3 years ago
14

What is the relationship between gross pay and net pay?What is the relationship between gross pay and net pay?

Business
2 answers:
Monica [59]3 years ago
5 0

Answer:

b.Gross pay is more than net pay.

Explanation:

Gross pay is the summation of all the income earned before tax and other statutory deductions are made.

Net pay is the result of the deduction of taxes and other statutory deductions from the gross pay or total earnings.

The gross pay is usually more than the net pay due to the inclusion of taxes such as withholding tax, income tax etc.

Where the income earned is non taxable and there are no deductions, only then can the gross pay be the same as the net pay.

Therefore, the right option is b.Gross pay is more than net pay.

VashaNatasha [74]3 years ago
3 0
B. Gross pay is more than net pay

Gross pay is the amount of money earned before taxes and other payments are deducted

Net pay is the amount one receives after deductions and taxes have been calculated.
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A manufacturer of lawn care equipment has introduced a new product. The anticipated demand is normally distributed with a mean o
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Answer:Expected profit = $2657a

Explanation:

5 0
4 years ago
The _____ is a more specific goal that unifies company-wide efforts, stretches and challenges the organization, and possesses a
Rus_ich [418]

Answer:

The correct answer is strategic objective.

Explanation:

The strategic objectives are the goals that a company proposes in a term greater than one year to achieve a certain objective according to its business vision. It also includes strategies to reach that goal. Here are some examples of strategic objectives.

The strategic objectives will be based on the vision or idea that is born with the company, determining its mission and values, in addition to conditioning the actions that will be carried out in order to achieve them.

5 0
3 years ago
You own a building that has four possible uses: a cafe, a craft store, a hardware store, and a bookstore. The value of the build
Svetlanka [38]

Answer:

The opportunity cost = $2.5

Explanation:

Given:

You own a building that has four possible uses: a cafe, a craft store, a hardware store, and a bookstore. The value of the building in each use is $2,000; $3,000; $4,000; and $5,000, respectively.You decide to open a hardware store.

<u>Question asked:</u>

The <u>opportunity cost of using this </u><u>building for a hardware store</u> ?

<u>Solution:</u>

As we know:

Opportunity\ cost =\frac{What\ you\ sacrifice}{What\ you\ gain} \\ \\

What you sacrifice = Value of a cafe + Value of a craft store + Value of a bookstore

                              = $2000 + $3000 + $5000 = $10,000

What you gain = Value of a hardware store

                        = $4000

Thus, the opportunity cost of using this building for a hardware store is $2.5

7 0
3 years ago
what's the best definition of financial literacy? a. the efficient and effective management of moneyb. the ability to find, eval
san4es73 [151]
Im going to say the answer is A
5 0
3 years ago
Marcos owns 1,500 shares of ABC stock which he purchased at $44 a share. The stock has been steadily decreasing in value and he
ch4aika [34]

Answer:

Market sell order for 1,500 shares

Explanation:

The type of order that Marcos should place is Market sell order for 1,500 shares because he already owns 1,500 shares of the ABC stock in which the ABC stock shares was purchased at $44 per share.

Since the stock has been decreasing in value in which he wants to cut his losses now because the stock price may continue to decrease, the best thing for him to do is to use the Market sell order for the 1,500 shares in order to cut the losses that may arise and to avoid losing all the Total amount of the shares bought which is $66,000 ( 1,500 shares ×$44).

3 0
3 years ago
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