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If an Employee Has 500 of Gross Income and 100 of Deductions, What Is Their Net Income? For Teacher Use Only QR.PF2.DOK2.439120.MS

Question

If an employee has 500 of gross income and 100 of deductions, what is their net income? For Teacher Use Only QR.PF2.DOK2.439120.MS LIQ11 400 600 300 500

Solution

Verificación de expertos
4.7 (306 Votos)
Mateo Mestre · Tutor por 5 anos

Resposta

To calculate the net income, we need to subtract the deductions from the gross income.Given information:- Gross income: 100Net income = Gross income - DeductionsNet income = 100 = \ .