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1) Max had to pay income taxes of $3 440.00 plus 22% of the amount by which his taxable income exceeded $36 000.00. If
1) Max had to pay income taxes of $3 440.00 plus 22% of the amount by which his taxable income exceeded $36 000.00. If his tax bill was $3 684.00, calculate his taxable income. Solution: Question 1 solution: Enter your solution in the box below: 2) A company employs 204 employees. There are three shifts. There are three times as many on the first shift as on the second shift, and four more on the third shift than on the second shift. Determine how many were on each shift. Solution: Question 2 solution: Enter your solution in the box below: 3) John, the new owner of the vehicle accessory shop is considering buying sets of winter tires for $299 per set and selling them at $520 each. Fixed costs related to this operation amount to $3 250 per month. It is expected that 18 sets per month could be sold. How much profit will John make each month? Solution: Question 3 solution: Enter your solution in the box below:
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