Calculate Amy net pay

Assignment Help Financial Accounting
Reference no: EM132753925

Question - Calculate Amy's net pay based on the following: (hint: don't forget overtime!)

Hours worked: 52

Hourly Rate: $10.25

Commissions: 2% of sales over $15,000

Sales: $19,500

FICA: 7.65%

Withholding: 13%

Reference no: EM132753925

Questions Cloud

Price-earning ratio : Shares of Volga Ltd. are being quoted at a price-earning ratio of 8 times. The company retains 50% of its Earnings Per Share. The Company's EPS.
What is the value of a six-month european put on oil futures : What is the value of a six-month European put on oil futures with a strike price of $62? The futures price is currently $60 per barrel
Leader in public health field : What does this achievement mean for you as a manager and a leader in the public health field?
Find estimated total cash collections during fourth quarter : 70 percent collected in the month, Compute the estimated total cash collections during the fourth quarter from sales made on account during the fourth quarter.
Calculate Amy net pay : Calculate Amy's net pay based on the following: Commissions: 2% of sales over $15,000, Withholding: 13% and Hourly Rate: $10.25
Today for one share of mahenterin inc : Andy is in the 25% marginal tax bracket and wants to earn 6% after-tax on his investments. How much is Andy willing to pay today for one share of Mahenterin Inc
How would account for a contingent gain : The company you provide accounting for is in the middle of a lawsuit. How would you account for a contingent gain if the company won the lawsuit?
Prepare the current liabilities section of the balance sheet : A quarterly tax payment will be made on April 12, 20Y6. Prepare the "Current liabilities" section of the balance sheet for Bon Nebo Co. on March 31, 20Y6
Develop an approximate prediction interval : Develop an approximate 95% prediction interval of the percentage of bad loans for a bank whose average loan is $10,000 and which does not use

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd