Imagine That 18 Out of Every 33 Homes Have a Dog

question 1

Multiple Choice

Imagine that 18 out of every 33 homes have a dog in the household.What percentage of homes has a dog?

• A) 1.83
• B) 18.00
• C) 54.55
• D) 63.67

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Definitions:

Income Tax Return

The document filed with a tax authority reporting income, expenses, and other tax-related information to determine tax liability or refund eligibility.

Corporation

A corporation is a legal entity that is separate and distinct from its owners, which can enter into contracts, own assets, and is subject to taxation.

Subchapter S Corporation

A type of corporation designed for small businesses that allows income to be passed through to shareholders and taxed at individual rates, avoiding double taxation.

Net Income

The amount of revenue that remains after deducting all expenses, taxes, and costs from the total revenue of a business or individual.