Mathematics, 06.09.2021 20:20, lilmsnyah

Calendric R&D, Inc. makes donations, pays taxes and gives employee bonuses from the company's annual
income. The donations budget is 8% of the company's
income. Taxes are 11% of income, after deducting
donations. Bonuses make up 17% of income, after
deducting both donations and taxes. The company wants
to spend $120,000 on bonuses. How much annual income
do they need to earn?

Answers: 2

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Calendric R&D, Inc. makes donations, pays taxes and gives employee bonuses from the company's...