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How much does oil companies make on a gallon of gas before taxes?
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How much of a gallon of gas goes to oil companies?
At four bucks per gallon, the oil companies get 3.50 dollars and the government gets 0.50 dollars. The oil companies have to pay for the upkeep of oil refineries, so they make probably around three dollars profit for each gallon sold. In Europe the oil companies only make a dollar per gallon, it's taxed super heavily.
What if gas prices were 6 a gallon?
Then gas companies would make a lot of money.
Are businesses taxed on the money they make before or after they pay employees?
After. Wages are expensed and deducted on the Company's balance sheet. Taxes are calculated based on the companies profit or loss for the year.
How much do teachers make before taxes?
5o thousand
How much you make before taxes and deductions are taken out?
Department
If you make 15k a year how much money do you make a month?
About 1250 before taxes
Do oil companies make big bucks while the rest of us pay over 3 a gallon?
Yes
How much you make in a year at 16.50 a hour?
34,320 before taxes
If you make 33280 a year how much do you make every two weeks?
$1,280 before taxes.
How much does Exxon Mobil make per gallon of gas?
They actually make about 8% profit. So if the wholesale price of gasoline is $3.18 a gallon, they would theoretically make .25 cents. In fact, however, the profit earned specifically from the retail sale of gasoline in much lower, and can be as little as 2 cents per gallon. Keep in mind that state and federal taxes can add another 25-63 cents. Oil companies obviously don't make a profit on the sales tax. Oil companies' overall margin is not high for a major industry since most companies shoot for at least 10% profit. The difference, and the reason they make so much money, is that they sell so much of it. They sell gasoline to not only the US but to many of the oil producing countries that don't have refinery capability.
How much money does an obstatrician make a week?
On avereage, about $4,800 before taxes.
How much do you make a year if you earn 18.25 an hour?
37,960 before taxes
