All categories

2 years ago

What is the money that remains after taxes and other deductions are taken out called?

Business

2 answers:

zhenek [66]2 years ago

8 0

Answer:

Discretionary income

Explanation:

valkas [14]2 years ago

6 0

Net income. The total amount of pay received is the gross income, while the net income is the remaining amount after taxes and deductions are removed.

You might be interested in

A year of unusually good rainfall has made it cheaper to irrigate farmlands. However, a popular new diet has persuaded some cons

Ira Lisetskai [31]

Answer:

1)Price has decreased and the effect on quantity cannot be determined

Explanation:

As of good rainfall there is a rise in supply of canola that means the shifting o feh supply curve could be right also the demanded for the vegetable oil would decline that means the demand is falling so the demand curve would shift to the left

Therefore, the equilibrium would fall but it is unable to figure out whether the quantity would rise or not without considering the elasticities of the demand and the supply curve

Hence, the correct option is 1

3 0

3 years ago

Mateo gets an email from an address he doesn't recognize asking him to send money. It is a young student who is stranded oversea

Soloha48 [4]

No, most likely it’s a scam. People like to scam people to get money now a days. It’s just a way for “easy” money for people who are desperate!

7 0

2 years ago

Read 2 more answers

Anthony Finley wishes to become a millionaire. His money market fund has a balance of $287,270 and has a guaranteed interest rat

mrs_skeptik [129]

Answer:

15 years

Explanation:

The target accumulated future amount is the future value of the initial investment(present value), hence, using the future value formula provided below we can determine the investment time horizon in years required to accumulate the target amount:

FV=PV*(1+r)^n

FV=$1,200,000

PV=$287,270

r=10%

n=investment period in years=unknown

$1,200,000=$287,270*(1+10%)^n

$1,200,000/$287,270=(1+10%)^n

$1,200,000/$287,270=(1.10)^n

take log of both sides

ln($1,200,000/$287,270)=n ln(1.10)

n=ln($1,200,000/$287,270)/ln(1.10)

n=15.00years

4 0

2 years ago

During the current period, Roberts recognized interest expense of $9,400 and paid interest of $9,000 related to its discounted b

VARVARA [1.3K]

Answer:

amortization on discount on BP 400

Explanation:

When there is a difference between the face value and the issuance proceeds from the bond a premium or discount is created.

When the proceeds are above, there will be a premium and the interest expense will be lower thant the actual cash outlay on the bond.

When theface value is above the proceeds, there is a discount.and expenses are higher than cash payment to bondholders.

In this case the expense is higher so there is a discount.

6 0

3 years ago

A company has two products: standard and deluxe. The company expects to produce 37,775 standard units and 63,640 deluxe units. I

jarptica [38.1K]

Answer:

Results are below.

Explanation:

First, we need to calculate the activity rates for each cost pool:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Activity 1= 103,850 / (2,500 + 5,250)= $13.4 per unit of activity

Activity 2= 106,000 / (4,500 + 5,500)= $10.6 per unit of activity

Activity 3= 95,120 / (3,000 + 2,800)= $16.4 per unit of activity

Now, we can allocate overhead to Standard:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Standard:

Activity 1= 13.4*2,500= $33,500

Activity 2= 10.6*4,500= $47,700

Activity 3= 16.4*3,000= $49,200

Total allocated costs= $130,400

Finally, the unitary cost:

Unitary cost= 130,400 / 37,775

Unitary cost= $3.45

7 0

3 years ago