Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. bob, a resident of metropolis, pays metropolis an

Bob, a resident of Metropolis, pays Metropolis an annual tax of $65 plus 1.8% of...

50.1K

Verified Solution

Question

Accounting

Bob, a resident of Metropolis, pays Metropolis an annual tax of $65 plus 1.8% of his annual
income. If Bob paid $1,352 in tax, what was Bob's income?
Answer:
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Find the p-value of the test. A) Less than 0.25% B) Between 0.25% and 0.5% C) Between 0.5%...

Statistics
Q

4. A borrower takes out a 30-year mortgage loan for $100,000 with an interest rate of...

Finance
Q

Why does the write-off of uncollectible accounts have no effect on the accounts receivable on the...

Accounting
Q

No late submissions will be accepted Problem 1 For each function find the amplitude range...

Basic Math
Q

The graph of a function g is shown b left endpoints 14 c midpoints 0...

Calculus
Q

970 9 2m 9 4 I 97 4 Step 2 We now must find a...

Calculus
Q

if f(x) = (3x - 4)/5 then f-(1) =Select one:a.(4 - 5x)/3b.(5x + 4)/3C.5x -...

Algebra
Q

Han Products manufactures 27,000 units of part S-6 each year for use on its production...

Accounting
Q

Define how someone can become subject to use tax on sales tax?

Accounting
Q

The following income statement items appeared on the adjusted trial balonce of Schembri Manufacturing Corporation...

Accounting
Q

32) Psalm Company reported P210,000 in sales. Its opening accounts receivable balance was P45,000 and...

Accounting
Q

The carrying amount of the Accounts Receivable is $19,000 before the write off of a...

Accounting