Asked by maria taylor
US Airways has a net income of $60,000 before taxes. It's expected that 45% of the net income will go federal and state taxes. How much will US Airways have left?
Answers
Answered by
Ms. Sue
0.55 * 60,000 = ?
Answered by
Maria Taylor
Ms. Sue, How did you get .55?
Answered by
Ms. Sue
45% = 0.45
1.00 - 0.45 = 0.55
1.00 - 0.45 = 0.55
Answered by
Maria Taylor
Thanks Ms. Sue, this is how I had did it at first which is the same answer but a different step, but you should me there is more than one way.
$60,00 x .45 = 27,000
60,000 - 27,000 = $33,000
$60,00 x .45 = 27,000
60,000 - 27,000 = $33,000
Answered by
Ms. Sue
Yes, that's another way to do it.