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

What were the effects of the Transportation Revolution
Parasympathetic stimulation a. causes chief cells to stop the production of H+ and Cl-. b. causes the gastric glands to increase production of gastric juice. c.
An airplane is moving horizontally with a constant velocity of (+ 115 m/s) at altitude of 1050 m. The directions to the right and upward have been chosen as the
In preparing a statement of cash flows under the indirect method, a decrease in accounts receivable would be reported or included as a(n): Addition to net incom
What is the main idea of Lewis and Clark
Use the distributive property to simplify the expression. -6(tsquared+3)-2(tsquared-2)
What are the four major types of landforms? A: mountains, hills, plateaus, and plains B: plateaus, valleys, peninsulas, and oceans C: mountains, valleys, rivers
An application to the Principal of the school to construct a multi-purpose hall
Why is it useful for historians to craft historical narratives
Who is the thirty ninth president of United States of America ​