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miv72 [106K]
3 years ago
6

Refer to the data below to answer the following questions:

Business
1 answer:
IgorLugansk [536]3 years ago
4 0

Answer:

What share of U.S. total income in 2013 consisted of Wages and salaries?

The share = Wages and salaries /Total income * 100

The share = $8,868 / $16,800 * 100

The share = 0.5278571 * 100

The share = 52.79%

What share of U.S. total income in 2013 consisted of Corporate profits?

The share = Corporate profits /Total income * 100

The share = $1,686/$16,800 * 100

The share = 0.100357 * 100

The share = 10.03%

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