Natalie’s income statement for the month of October is shown. Natalie monthly income statement for October. Total wages are 3,00

Question

3 years ago

11

0 dollars. Total expenses are 1,070 dollars. What is Natalie’s net income for the month of October? $930. 00 $980. 00 $1,930. 00 $1,980. 0.

1 answer:

rusak2 [61] · Answer 1 · 2022-09-12T22:19:59+03:00

Natalie’s net income for the month of October is $1,930.

<h2>Net Income </h2>

The net income of a person is the income of the person that is left with him after deducting all of his\her expenses and deductions.

$\rm Net\ Income = Total\ salary - Total\ expenses - Deductions$

<h2 /><h2>Given to us</h2>

Natalie's monthly income statement for October. Total wages are 3,000 dollars.

<h3 /><h3>Natalie’s net income</h3>

the total wage Natalie is already given is $3,000, and her expenses as $1,070, while there are no deductions from his salary. therefore,

$\rm Natalie 's\ Net\ Income= Total\ salary - Total\ expenses - Deductions$

$=\$3,000 - \$1,070 -\$0\\= \$1930$

Hence, Natalie’s net income for the month of October is $1,930.

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