subject
Mathematics, 22.10.2019 23:30 monsterwins5001

Veronica is self employed. in one year, veronica generates a gross income of $65,500. when calculating her taxes, veronica is allowed to deduct up to $2,500 in expenses from her gross income (to give the 'operating income'), but if her expenses exceed $2,500 then any surplus must be deducted against her income after tax. in this calendar year, veronica's total expenses were $5,500. the tax system is such that she must pay 15% tax on any operating income up to $25,000 and then 30% on any operating income over $25,000. calculate veronica's net profit, that is, the amount she earns after all taxes and expenses.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
An air conditioning system can circulate 350 cubic feet of air per minute. how many cubic yards of air can it circulate per minute?
Answers: 3
question
Mathematics, 21.06.2019 20:00
Put the equation in slope intercept form by solving for y
Answers: 2
question
Mathematics, 21.06.2019 20:30
How do you determine if an ordered pair is a solution to a given equation?
Answers: 1
question
Mathematics, 21.06.2019 23:00
Joey is asked to name a quadrilateral that is also a rhombus and has 2 pairs of parallel sides.should be his answer
Answers: 1
You know the right answer?
Veronica is self employed. in one year, veronica generates a gross income of $65,500. when calculati...
Questions
question
Social Studies, 28.05.2021 20:50
question
Mathematics, 28.05.2021 20:50
Questions on the website: 13722363