Asked by Marayah Cicvari? on May 27, 2024

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If an employee's paycheck is made out for $300, what would his net earnings be?

A) $150
B) $260
C) $280
D) $295
E) $300

Net Earnings

The amount of income left after deductions, such as taxes and social security charges, have been subtracted from gross income.

Paycheck

A document or electronic transfer that provides payment for employment services rendered, typically issued periodically at fixed intervals, like weekly or monthly.

  • Differentiate between total earnings and take-home pay.
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Xzavion Patterson

May 28, 2024

Final Answer :
E
Explanation :
Net earnings refer to the amount the employee actually takes home after deductions. If the paycheck is made out for $300, and no deductions are mentioned, the net earnings would be the full amount of $300.