Multiply the VAT figure by 5 ie: VAT amount £20 x 5 gives you a net figure of £100.00.
Divide by 1.whatever the rate is. ie If vat is 17.5% you would divide the gross by 1.175 to get the net figure, the vat is the difference between the two.
Gross margin (also known as gross profit) is the difference between Net sales and Cost of goods sold: Net sales - Cost of goods sold = Gross margin Therefore, if you know Gross margin, add it to Cost of goods sold to get Net sales.
Gross income is the total amount of money before taxes are took out. This is also known as taxable income.
That is false. Gross pay is the amount that an employer pays, before deductions for taxes. What you actually take home is called the net pay.
Gross pay is higher than net pay. This is because gross pay includes salaries and bonuses earned by an employee of a company. On the other hand, net pay is obtained when taxes are deducted from gross pay. Therefore, gross pay is higher. The difference between gross pay and net pay can be explained using the following example: David works in a factory. His hourly rate is $3. He has worked 8 hours a day for 26 days of the month. Taxes deducted are FICA tax (3%), and State tax (2%). Calculate his gross pay and net pay. In the above example, David's gross pay is $624, which is obtained by multiplying hourly rate, hours worked per day, and number of days. His net pay will be $592. This is obtained when FICA tax ($19) and State tax ($13) is deducted from gross pay. Thus, gross pay is always higher than net pay.
Divide by 1.whatever the rate is. ie If vat is 17.5% you would divide the gross by 1.175 to get the net figure, the vat is the difference between the two.
The amount of space a 2-D figure occupies is known as area.
Gross margin (also known as gross profit) is the difference between Net sales and Cost of goods sold: Net sales - Cost of goods sold = Gross margin Therefore, if you know Gross margin, add it to Cost of goods sold to get Net sales.
The interest accumulated on the amount of money held in a savings account. A gross rate is known to not consider tax so comparison is suggested.
Gross Domestic Product (GDP)
a circle has infiniti lines of symmetry
gross national product. nova net answer.
Gross income is the total amount of money before taxes are took out. This is also known as taxable income.
The value of a product minus the costs of raw materials is known as the gross profit. It represents the amount of money left over after deducting the direct costs associated with producing the product. This figure is important for assessing the profitability of a business.
When governments calculate the value of real property, it is known as assessment. That assessment is utilize to calculate the taxable amount on a particular property.
Gross speed is raw speed. It is a calculation of exactly how fast you type with no error penalties.Net speed takes accuracy into account. To calculate Net WPM, take your gross WPM result and subtract the amount of errors you left in per minute, also known as the error rate.
That is false. Gross pay is the amount that an employer pays, before deductions for taxes. What you actually take home is called the net pay.