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Gross of vat and net of vat?
There is no such term as gross of VAT. The amount with VAT is called the gross amount while the net of VAT is the amount after the VAT has been deducted.
What is the formula for net operating expenses in corporations?
Formula for calculating Gross operating expenses and net expenses in Corporations?
What would be the gross if the net is 60000.00?
To calculate the gross amount from a net figure, you need to know the tax rate or deductions applied. Assuming a standard tax rate of, for example, 20%, the formula would be Gross = Net / (1 - Tax Rate). In this case, Gross = 60,000 / (1 - 0.20) = 60,000 / 0.80 = 75,000. Therefore, if the net is 60,000, the gross would be 75,000 assuming a 20% tax rate.
In NJ is the Executors fee based on the gross or net amount of the estate?
Gross.
How do I calculate net price to gross price?
The formula is Gross = Net * ( Tax rate / 100 + 1) You can also use this site to calculate Gross/Net Price. http://jumk.de/bank-formulas/gross-net.shtml
Gross of vat and net of vat?
There is no such term as gross of VAT. The amount with VAT is called the gross amount while the net of VAT is the amount after the VAT has been deducted.
What is the calculation to find net figure if gross figure includes 15 percent?
To find the net figure when the gross figure includes a 15% markup, you can use the formula: Net Figure = Gross Figure / (1 + Markup Percentage). In this case, the calculation would be: Net Figure = Gross Figure / 1.15. This will give you the original amount before the 15% was added.
What is the formula for net operating expenses in corporations?
Formula for calculating Gross operating expenses and net expenses in Corporations?
What would be the gross if the net is 60000.00?
To calculate the gross amount from a net figure, you need to know the tax rate or deductions applied. Assuming a standard tax rate of, for example, 20%, the formula would be Gross = Net / (1 - Tax Rate). In this case, Gross = 60,000 / (1 - 0.20) = 60,000 / 0.80 = 75,000. Therefore, if the net is 60,000, the gross would be 75,000 assuming a 20% tax rate.
How do you work out a nett amount plus 20 percent to give a gross amount?
Net amount x 120%= Gross amount
In NJ is the Executors fee based on the gross or net amount of the estate?
Gross.
How do I calculate net price to gross price?
The formula is Gross = Net * ( Tax rate / 100 + 1) You can also use this site to calculate Gross/Net Price. http://jumk.de/bank-formulas/gross-net.shtml
What the amount should an employee receive as bonus so that he would net 500 pesos after deducting 30 percent of taxes?
To determine the bonus amount needed for the employee to net 500 pesos after a 30% tax deduction, you can use the formula: Net Amount = Gross Amount - (Tax Rate × Gross Amount). Rearranging this, the Gross Amount (bonus) can be calculated as Net Amount / (1 - Tax Rate). In this case, the calculation would be 500 / (1 - 0.30) = 500 / 0.70, which equals approximately 714.29 pesos. Thus, the employee should receive a bonus of about 714.29 pesos to net 500 pesos after taxes.
What you mean by gross pay and net pay?
gross pay= the amount a person is entitled to net pay= the amount a person is given after the deductions of different taxes and insurances.
What is the formula of net sales?
Net sales = Gross sales - (Customer Discounts, Returns, Allowances)
Gross pay net pay?
gross pay: the amount made before taxesnet pay: the amount after subtracting taxes and benefit from your gross pay
Use gross in a sentence'?
The gross amount of your paycheck is the amount your employer has paid you; the net amount is the amount you get to take home.
