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
Liquidity is the ability of a company or country to meet its near-term cash flow requirements. Solvency is the ability for a company or country to meet its long-term financial obligations.Full Answer >
According to the Consumer Financial Protection Bureau, a debt-to-income ratio of 36 percent and under is good. It is more difficult to get a loan approved when the ratio is over 43 percent, especially if the loan is for a qualified mortgage.Full Answer >
Net fixed assets are calculated with the following formula: fixed asset purchase price + additions to existing assets - accumulated depreciation - accumulated asset impairment - liabilities associated with the fixed asset. Determining the net fixed assets is useful when evaluating an acquisition candidate because it allows a company to develop an opinion about another company's assets.Full Answer >
A "per diem" rate is an amount given to a travelling worker to cover basic daily expenses. Rates are typically established based on geographic region for both domestic and international travel. The variance in rates is based on differences in costs for transportation, accommodations and food.Full Answer >