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Audrey opened Hardy Consulting Services during the current year. She has one employee, Deng, who is paid a salary of $30,000. Audrey is confused about the amount of federal unemployment tax she is required to pay on Deng's salary. The state unemployment tax rate is 4%. Audrey has asked you to determine how much federal unemployment tax she is required to pay on Deng's salary. Write Audrey a letter explaining the amount of federal unemployment tax she must pay.
On February 15, Company A declares a 1 for 4 reverse stock split effective on March 1. The stock price on February 15 is $50 and the stock price on March 1 is $20. What is the amount of the each share of stock after the stock split?
Make the journal entries to record the following transactions in Hunt Ltd’s records by using perpetual inventory system.
jameson company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhead to jobs.
timberly construction negotiates a lump-sum purchase of several assets from a company that is going out of business.
slagle corporation is a large manufacturing organization. over the past several years it has obtained an important
rob carpenter is a senior manager at a prestigious accounting firm and was recently transferred to the international
for the following taxpayers compute 1 taxable income and 2 the income tax liability.be sure to include the new medicare
my company makes small gasoline-powered motors that are used in lawn mowers. we have been growing steadily for 5 years
Incremental analysis is considered to be more economical than a comprehensive analysis, while being just as effective. Do you agree or disagree?
The common stock of the company is selling in the stock exchange at $10 each. If Wonderful has 29,000 shares of common stock outstanding throughout the year and its Net Income is $12,000 after paying the preferred dividends, what will be the dilut..
1 large corporation acquired and placed in service the following 100 business-use alerts. large did not elect sec. 179
What amount should be capitalized for this new asset? Would there be any depreciation expense for land at the end of 2008? Explain your answer.
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