according to the chart below, what percentage of ralphs expenses are items other than taxes? ralphs expenses…
according to the chart below, what percentage of ralphs expenses are items other than taxes? ralphs expenses a. 65% b. 71% c. 75% d. 94%
Answer
Answer:
d. 94%
Explanation:
Step1: Identify tax - related percentages
Federal taxes are 6% and state taxes are 3%.
Step2: Calculate total tax percentage
$6%+3% = 9%$
Step3: Calculate non - tax percentage
Since total expenses are 100%, non - tax percentage is $100%-9%=91%$