TEKS.MATH.5.10B

Money you receive before taxes is called:

• gross income
• net income
• pay day
• bank loan

Tags

TEKS.MATH.5.10B

Money you receive after taxes is called:

• gross income
• net income
• salary
• pay day

Tags

TEKS.MATH.5.10B

money earned

• salary
• income
• purchase
• spend

Tags

TEKS.MATH.5.10B

Dayanara's gross income was $550.  What was her net income if her deductions were $110 for payroll taxes and $22.50 for health insurance?

• $132.50
• $417.50
• $440.00
• $638.50

Tags

TEKS.MATH.5.10B

Which of these statements about gross income and net income is true?

• Gross income is a tax on all income that a worker earns, and net income is a tax
  paid by an employer based on a worker’s wages.
• Gross income is a tax paid by an employer based on a worker’s wages, and net
  income is a tax on all income that a person earns.
• Gross income is the amount an employee is paid after deductions and taxes, and
  net income is the total amount an employee earns before deductions are applied.
• Gross income is the total amount an employee earns before deductions are
  applied, and net income is the amount an employee is paid after deductions and
  taxes.

Tags

TEKS.MATH.5.10B

Money earned through employment and investments

• budget
• expense
• income
• debt

Tags

TEKS.MATH.5.10B

Money taken from your gross income

• Net income

• Gross income

• Deductions

• Property tax

Tags

TEKS.MATH.5.10B

Rolando earns $395. His net pay is $356.

• Income/Payroll Tax

• Sales Tax

• Property Tax

Tags

TEKS.MATH.5.10B

David's gross income: $127.25

David's deductions: $25.20

David's net pay: ?

• $102.05

• $102.45

• $112.05

• $152.45

Tags

TEKS.MATH.5.10B

Angel wants to buy a football jersey that cost $84.

He gets a job that pays him $15 an hour. He worked seven hours and was paid. After calculating his gross pay, does Angel have enough money to pay for the jersey if his total deductions was $12?

• Yes

• No

Tags

TEKS.MATH.5.10B