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15.07.2022 - 10:08

US airways has a net income before taxes of 60,000. It’s expected that 45% of the net income will go to federal and state taxes. How much will US airways have left?

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US airways has a net income before taxes of 60,000. It’s expected that 45% of the net income will go to federal and state taxes. How much will US airways have left?

Answers (1)

Geraldine April 10, 2023 в 23:24

US Airways will have $33,000 left. Explanation: To find out how much US Airways will have left, we need to subtract the expected tax amount from their net income. 45% of $60,000 is: 0.45 x $60,000 = $27,000 This means that US Airways will pay $27,000 in federal and state taxes. To find out how much they have left: $60,000 - $27,000 = $33,000 Therefore, US Airways will have $33,000 left after paying federal and state taxes.

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