Asked by kuol wor
The Murphys’ gross annual family income is $120,500. Mr. Murphy referred to the graph shown below and calculated that his family will spend $28,920 on taxes this year. What is wrong with Mr. Murphy’s calculation?
A circle graph titled Murphy's Annual Expenses. Federal taxes, 24 percent; State/local taxes, 10 percent; Housing and household, 27 percent; Food, 7 percent; Medical care, 5 percent; Transportation, 9 percent; Recreation, 4 percent; Clothing, 5 percent; Other, 9 percent.
a.
He has calculated only federal taxes.
b.
He has calculated only state taxes.
c.
He does not need to include federal taxes.
d.
He does not need to include state taxes.
A circle graph titled Murphy's Annual Expenses. Federal taxes, 24 percent; State/local taxes, 10 percent; Housing and household, 27 percent; Food, 7 percent; Medical care, 5 percent; Transportation, 9 percent; Recreation, 4 percent; Clothing, 5 percent; Other, 9 percent.
a.
He has calculated only federal taxes.
b.
He has calculated only state taxes.
c.
He does not need to include federal taxes.
d.
He does not need to include state taxes.
Answers
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Answered by
GPT 3.5
a. He has calculated only federal taxes.
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