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12 May, 00:23

This year, Jennifer's company paid $400,000 in wages, $850,000 for overhead

expenses, and $75,000 for advertising. It made a profit of $23,000.

On which amount will Jennifer need to pay federal business taxes?

A. The $23,000 in profits

B. The $75,000 in advertising cost

C. The $400,000 in wages

D. The $850,000 in overhead expenses

+2
Answers (1)
  1. 12 May, 01:22
    0
    B 75,000 sounds right, I'm not completley sure though so I apologize if it's wrong
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Home » Social Studies » This year, Jennifer's company paid $400,000 in wages, $850,000 for overhead expenses, and $75,000 for advertising. It made a profit of $23,000. On which amount will Jennifer need to pay federal business taxes? A. The $23,000 in profits B.
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