Cunningham, a Branch Manager, Is Allowed a Bonus of 10

question 63

Multiple Choice

Cunningham, a branch manager, is allowed a bonus of 10% of income after bonus and tax. If the tax rate is 30% and income before bonus and tax is $200,000, what is Mr. Cunningham's bonus?

• A) $13,084
• B) $14,000
• C) $14,433
• D) $20,000

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Definitions:

Wired Broadband Connections

High-speed internet connections transmitted over physical wires or cables, offering stable and fast online access.

Internet

The vast network that connects millions of computers globally, enabling them to communicate and share information instantly.

WAN

Wide Area Network, a telecommunications network that extends over a large geographic area for the purpose of computer networking.

5G Wireless Technology

The fifth generation of cellular network technology, offering faster speeds, reduced latency, and higher capacity than its predecessor.