Question

An Arby’s franchise has a net income before taxes of $900,000. The company’s treasurer estimates that 40% of the company’s net income will go to federal and state taxes. How much will the Arby’s franchise have left?

Answer 1

Explanation:

900,000 = 100%

1% = 100%/100 = 900000/100 = 9,000

40% = 1%×40 = 9000×40 = 360,000

the franchise will have left

100% - 40% = 60% = 900,000 - 360,000 = $540,000

control :

60% = 1%×60 = 9,000×60 = $540,000

all correct