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 19:30
At 6 1/2 cents per pound of string beans how much does 7 pounds cost
Answers: 1
question
Mathematics, 21.06.2019 20:00
Which of these numbers of simulations of an event would be most likely to produce results that are closest to those predicted by probability theory? 15, 20, 5, 10
Answers: 2
question
Mathematics, 21.06.2019 22:20
Jimmy can run 3.5 miles in 20 minutes. how far can ne run in one hour and ten minutes?
Answers: 1
question
Mathematics, 21.06.2019 22:30
Proving the parallelogram diagonal theoremgiven abcd is a parralelogam, diagnals ac and bd intersect at eprove ae is conruent to ce and be is congruent to de
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
Medicine, 25.03.2021 19:50
question
Mathematics, 25.03.2021 19:50
question
Mathematics, 25.03.2021 19:50
question
Mathematics, 25.03.2021 19:50
Questions on the website: 13722361