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How do you calculate the vat figure when only the gross amount is known?
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.
How do you calculate net sales when gross margin is known?
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.
What is a word for Total amount of pay before deductions?
Gross income is the total amount of money before taxes are took out. This is also known as taxable income.
True or false your take-home pay is known as your gross pay?
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.
How you can find gross and net mass?
To find gross mass, simply weigh the object including its packaging or container on a scale. To determine the net mass, subtract the weight of the packaging or container from the gross mass. This can be done by weighing the empty container first, then weighing the filled container and using the difference to calculate the net mass of the contents. Alternatively, if the packaging weight is known, you can directly subtract that value from the gross mass.
How do you calculate the vat figure when only the gross amount is known?
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.
What is the amount of space a 2-D figure occupies?
The amount of space a 2-D figure occupies is known as area.
How do you calculate net sales when gross margin is known?
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.
What is gross rate?
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.
What is the total amount of money a country makes in a year known as?
Gross Domestic Product (GDP)
What is the greatest amount of lines of symmetry a figure can have that is known?
a circle has infiniti lines of symmetry
The health of the economy is measured by adding the value of all goods and services produced this figure is known as what?
gross national product. nova net answer.
What is a word for Total amount of pay before deductions?
Gross income is the total amount of money before taxes are took out. This is also known as taxable income.
What is the value of a product minus the costs of raw materials?
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 called?
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.
What is net typing speed?
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.
True or false your take-home pay is known as your gross pay?
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.
