subject
Mathematics, 18.10.2019 16:10 Hfruit

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. give your answer in dollars to the nearest dollar. do not include commas or the dollar symbol in your answer.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 15:40
What term best describes a line and a point that lie in the same plane? a. congruent b. coplanar c. collinear d. equal
Answers: 1
question
Mathematics, 22.06.2019 00:30
Long division setup showing an incomplete calculation. 12 is in the divisor, 6839 is in the dividend, and 5 hundreds and 6 tens is written in the quotient. 6000 is subtracted from 6839 to give 839. an unknown value represented by a box is being subtracted from 839. what number should be placed in the box to complete the division calculation?
Answers: 3
question
Mathematics, 22.06.2019 01:30
What is 60.9643790503 to 5 decimal
Answers: 1
question
Mathematics, 22.06.2019 04:50
What is the measure of dg? enter your answer in the box.
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
Mathematics, 27.10.2020 14:30
question
Mathematics, 27.10.2020 14:30
question
Computers and Technology, 27.10.2020 14:30
question
Mathematics, 27.10.2020 14:40
question
Mathematics, 27.10.2020 14:40
question
Computers and Technology, 27.10.2020 14:40