kfallon0304 kfallon0304
  • 03-01-2022
  • Mathematics
contestada

how do you calculate the total percentage of income for taxes

Respuesta :

dkhady2010 dkhady2010
  • 03-01-2022

Answer:

I think you are supposed to Divide taxes based off net profit to calculate the effective tax percentage.

Step-by-step explanation:

In the example, $35,000 divided by $100,000 equals an effective tax rate of 0.35 or 35 percent.

hope this helps! :)

(i don't know if this is 100% correct just so you know)

Answer Link

Otras preguntas

(1) 4p²q : 10pq²(2) 9 months : 2/½ years(3) 5 m : 600 cmI need answers asap, thanks!! <3​
How does Fadi’s identity as a “brother” affect his perspective of the night his family escaped Afghanistan?
find the equation of the circle whose center and radius are given center (7,3) radius =7
Which statement correctly describes how a bar magnet should be placed on a globe to correctly align with Earth's magnetic field?
When randomly selecting an adult, let B represent the event of randomly selecting someone with type B blood. Write a sentence describing what the rule of comple
why did Britain colonise india​
Which of the following would likely be considered only an infraction? A. A parking violation by a driver with a previously perfect record B. A violent crime und
-2x+3=9. What does x equal?
PLEASE HELP A woman travels to Canada where milk is sold in liters. She wants to buy enough milk at the grocery store to last 5 days and she knows at home she u
on heating gases expand ______________ than solids and liquids