Ask Question
BusinessBusiness
14 January, 09:26

Ashton's gross pay is 82,000. He receives tax credits of 2,000. He pays total taxes of 4,500. What are his taxable and disposable incomes.

+3
Answers (1)
  1. 14 January, 11:25
    0
    A taxable income is the total amount of money left after being deducted by other government payments. Meanwhile, a disposable income is the accounting of income taxes in an employee's payroll. Therefore, Ashton's taxable income is, $80,000 while his disposable income is $75,500.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Ashton's gross pay is 82,000. He receives tax credits of 2,000. He pays total taxes of 4,500. What are his taxable and disposable incomes. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Google this for me: What is the difference between a corporation and a startup?
Answers (1)
The income statement shows amounts for: Group of answer choices revenues, expenses, losses, and liabilities revenues, expenses, gains, and fair value per share. revenues, assets, gains, and losses. revenues, gains, expenses and losses.
Answers (1)
Andre bought 100, $10 stocks at a market price of $50. The Company declared a dividend of 10%. What was the dividend amount Andre earned? Andre earned $__ (choices below) __ in dividends. 100 500 250
Answers (1)
A company uses the gross method to account for cash discounts offered to its customers. If payment is made before the discount period expires, which of the following is correct?
Answers (1)
Prepare journal entries for each transaction listed. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) At the end of June, bad debt expense is estimated to be $15,000.
Answers (1)
New Questions in Business
Without trade, the farmer produced and consumed 2 pounds of pork and 4 pounds of tomatoes and the rancher produced and consumed 4 pounds of pork and 2 pounds of tomatoes.
Answers (1)
On March 14, Zest Co. accepted a 120-day, 6% note in the amount of $5,000 from AZC Co., a customer. On the due date of the note, AZC dishonors the note and fails to pay.
Answers (1)
A building with a book value of $54,000 is sold for $63,000 cash. Using the indirect method, this transaction should be shown on the statement of cash flows as an increase of a.
Answers (1)
What is a diversionary incentive? a. a temptation to switch trading partners to get a better deal b. an opportunity to change international agreements while other states are preoccupied with a conflict c. a payoff for avoiding war d.
Answers (1)
A business may decide to pay employee salaries every week, every two weeks, twice a month, or once a month. True or False?
Answers (1)
Home » Business » Ashton's gross pay is 82,000. He receives tax credits of 2,000. He pays total taxes of 4,500. What are his taxable and disposable incomes.
Sign Up Forgot Password?