A person with a salary of $35,000 per year would make approximately $673.08 per week. This amount may be reduced by taxes, insurance premiums and other deductions.
To calculate the weekly pay of someone who earns $35,000 per year, the salary amount should be divided by 52 because there are 52 weeks per year. The resulting amount of $673.08 would be the amount before taxes and other deductions since a person's salary is quoted as a gross or pre-tax amount.
Once taxes and deductions such as healthcare premiums are taken out, the remaining amount is referred to as net income. The amount of taxes taken out of one's income are determined by several factors. The number of dependents, city and state of residence and tax brackets will affect the amount that an individual pays in taxes.Learn More
As of 2014, the average salary of a general surgeon, a surgeon who does not specialize in any branch of surgery, is $265,000 per year, or $5,096 per week, according to Chron. This figure varies according to region and practice setting.Full Answer >
To calculate inventory turnover, divide the cost of goods sold by average inventory for the quarter or for the year. Use this information to determine if inventory turnover supports the number of quarterly or yearly sales. Rapid or slow inventory turnover may signal changes in demand or poor inventory management.Full Answer >
To say that something is "compounded quarterly" is to say that it is compounded four times a year. An example of something that may be compounded quarterly is the interest rate on a bank account.Full Answer >
The costs of hiring an employee are typically 1.25 to 1.4 times the base salary range, therefore, a salary of 50,000 a year will actually cost an employer 62,500 to 70,000. The cost for a salary is often much higher than the actual salary because the business not only has to pay for the basic salary, but also must pay for recruiting expenses, employment taxes, benefits, space and other equipment.Full Answer >