User Account

All Pages

Do not aggregate to the nearest earnings dollar

Assignment Help Accounting Basics
Reference no: EM13683158

Dec 18, 2014, President of the Company is paid his annual bonus. This does not affect his insurance coverage, which is base on regular pay. This year, his bonus is $75,000. For Withholding purposes, the bonus is considered a supplemental payment and is added to his gross pay. ($2,307.69) For this pay, he also increased his SIMPLE deduction to $4,000. To determine the federal income tax, Use the Table of allowance Values along with tax table A T-2 to T-4. in calculating tax, do not aggregate to the nearest earnings dollar.

Pay Period: Bi-weekly
No of Allowance: 4
Marital Status : M
Total Earnings: $2307.69 + 75,000 = $77,307.69

Reference no: EM13683158

Questions Cloud

Decide the electric potential energy of this group : Four identical charges (+2.17mC (micro C) each) are brought from infinity and fixed to a straight line. The charges are located 0.373m apart. Decide the electric potential energy of this group.
Magnitude is necessary to deflect the beam to side of screen : The picture tube in an old black-and-white television utilizes magnetic deflection coils rather than electric deflection plates. Presume an electron beam is accelerated during a 52.8-kV potential difference and then through a region of uniform magnet..
Reflect upon the differences between purchasing : Reflect upon the differences between purchasing a $30,000 vehicle and leasing it
Contains two neutrons and two protons. : A point charge of +2.5 C is fixed at the origin of the x-axis. An alpha particle is placed at the 2-m position and released. What is the initial acceleration of the alpha particle? Remember that the alpha particle is the nucleus of a helium atom; the..
Do not aggregate to the nearest earnings dollar : Do not aggregate to the nearest earnings dollar.
What is the minimum velocity of the coin through : A person on a train is flipping a coin. The person on the train flips the coin such that its trajectory is straight up and down, with an initial velocity of 4.38m/s (as observed with the person flipping the coin). The train moves with a velocity of 1..
A bee and grain of pollen is sufficient to detach the pollen : Bumblebees actively foraging in the field have been found to be electrically charged, due largely to air resistance as they fly. The charge carried with a bee, which can be as great as 93 pC (pico = 10-12), is thought to play a significant role in po..
Potential dissimilarity between two parallel plates : A battery holds the potential dissimilarity between two parallel plates fixed at 10 Volts. If I increase the separation among the plates, then the electric field among the plates _______.
Is there any change in current as it passes through resistor : The IR drop across a resistor means that there is a change in potential or voltage across the resistor. Is there any change in current as it passes through a resistor? Describe.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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