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Which one of these represents how to get net income.

What is true about net pay

Net Pay

4 terms·StudBud Administration·10 plays

Financial Literacy Unit 1

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Questions 4

Answers

1
What is true about net pay
You can never spend it
It is effected by sales tax
It is spendable money
It comes before taxes
2
Which one of these represents how to get net income.
net pay - taxes= gross pay
gross pay-taxes=net pay
net pay - gross pay = taxes
taxes + gross pay= net pay
3
What is not a key term of net pay?
Spendable money
After taxes
Before taxes
Money earned
4
What is one thing that doesnt effect net pay
Sales tax
Food and drinks
Public schools
Income tax