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

A rectangular field has an area of 2100 square feet. The length of the field is 50 feet. How wide is the field
Most of your body's molecules are what compounds?
please I need help on 2 multiple choice question about a book Angela's Ashes. 1—In Angela's Ashes what sort of treatment does Frank receive for his typhoid feve
How is the Grand Canyon like a history book
How did people survive before agriculture was discovered
scientific notation of $125 billion
Grant pays 10 cents per minute plus $5 per month for telephone long distance write an algebraic expression for m minutes of long distance calls in one month
Create a linear function f(x), whose graph has the given slope that meets the given condition. Slope of 7,f(7)=1. The equation of the line is y=?
what is a complex set of responses
How would I draw a model to find the quotient of 2.4 divided by 3.  What is this quotient ?