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During 2012 E earned $70,000 of wages from employer X and $50,000 of wages from employer Y. Bother employers withheld and paid the appropriate amount of FICA taxes on E's wages. Assume the temporary reduction in FICA tax for 2011 was not extended for 2012. A) What is the amount of excess taxes paid by E for 2012? B) Would it make any difference in the amount of E's refund or credit of the excess of FICA taxes if he was a full-time employee of X and a part-time employee of Y for the entire year?
The company uses the straight-line method of depreciation with no mid-year convention. What is the accounting rate of return on original investment rounded to the nearest percent, assuming no taxes are paid.
felicia amp freds executive board has asked you to change the decision model previously completed to reflect the
tom just received his bank statement and wanted to make sure that the balance in his check book was correct. tom
aslo company prepared the following contribution format income statement based on a sales volume of 1000 units the
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Compute the acquisition cost of the equipment and prepare the journal entry to record the purchase.
seahawks company has two service departments maintenance and cafeteria as well as two prodction departments mixing and
At the end of 2011, the costs to date were $6,325,000 and the estimated total costs to complete had not changed. The progress billings during 2011 were $3,000,000 and the cash collected during 2011 was $2,000,000. Eilert uses the percentage-of-co..
dousmann corp.s sales slumped badly in 2014. for the first time in its history it operated at a loss. the companys
preston concrete is a major supplier of concrete to residential and commercial builders in the pacific northwest. the
What are the steps involved in the preparation of an advance plan for the distribution of cash in a partnership liquidation to determine which step is the most difficult to execute correctly. Discuss possible ways to address the difficulties you i..
which of the following is correct? unearned revenues are considered increases to stockholders equity. working capital
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