Question
Leroy's total job benefits were \( \$ 50,150 \) last year. His total job expenses for traveling and for professional development for the year were \( \$ 3,500 \). Which of the following represents his total employment compensation? a. \( \$ 46,650 \) b. \( \$ 47,650 \) c. \( \$ 50,150 \) d. \( \$ 53,650 \)
Ask by Gibbs Nguyen. in the United States
Feb 24,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
Leroy's total employment compensation is \$46,650.
Solution
To find Leroy's total employment compensation, we need to subtract his total job expenses from his total job benefits.
1. **Known Conditions:**
- Total job benefits: \( B = 50,150 \)
- Total job expenses: \( E = 3,500 \)
2. **Calculation:**
The formula for total employment compensation \( C \) is:
\[
C = B - E
\]
Substituting the known values:
\[
C = 50,150 - 3,500
\]
Now, let's perform the calculation:
\[
C = 50,150 - 3,500 = 46,650
\]
3. **Conclusion:**
Leroy's total employment compensation is \( 46,650 \).
Thus, the correct answer is:
**a. \( \$ 46,650 \)**.
Answered by UpStudy AI and reviewed by a Professional Tutor
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Bonus Knowledge
To find Leroy's total employment compensation, we need to add his total job benefits and his total job expenses. His total job benefits are \( \$ 50,150 \) and his expenses are \( \$ 3,500 \). However, to get the total compensation, we can consider benefits as part of the compensation and not subtract the expenses. Therefore, the total employment compensation is just \( \$ 50,150 \). So, the correct option is: c. \( \$ 50,150 \)