What is Kaycie’s net income?

Students were asked over to answer a question at education and to state what is most important for them to succeed. One that response stood out from the rest was practice. Successful people commonly not born successful; they become successful thru hard work and persistence. If you want to obtain your goals, keep this in mind! followed below are one of the answer and question example that you will possibly utilise to practice and upgrade your information and also give you insights that can assist you to preserve your study in school.

Question:

What is Kaycie’s net income?

Answer:

Answer:

Net income of Kaycie is $1,195

Step-by-step explanation:

We are given a monthly Income statement of September 2013.

First we count total income of Kaycie’s

Income = Wages

Total Income = $2,700

Now we calculate total expenses

Kaycie’s expenses are on food, rent clothing, transportation, medical and Insurance.

Expenses = Food+Rent+Clothing+Transportation+Medical+Insurance

Expenses=210+975+90+120+60+50

Total Expenses = $1,505

Net Income = Total Income – Total Expenses

Net Income = 2700 – 1505

Net Income = $1,195

Thus, Net income of Kaycie is $1,195.

From the answer and question examples above, hopefully, they can definitely guide the student solve the question they had been looking for and observe of every thing declared in the answer above. You could actually then have a discussion with your classmate and continue the school learning by studying the subject as a group.

READ MORE  What does Newton’s first law describe

Leave a Reply

Your email address will not be published.