How much federal unemployment tax

How much federal unemployment tax

Assignment Help Financial Management

Reference no: EM132020182

1. Eric, an employee of sam’s club, earned $ 120000 in 2016. The taxable wage base in 2016 is $ 118500 How much FICA tax should Eric pay in 2016? Please answer the following two questions ?

a) $9180

b) $9065.25

c) $9087

d) $8789

2. How much federal unemployment tax should been on behalf of Eric in 2016 ?

A) $7440

B) $434

C) $7200

D) $420

Reference no: EM132020182

Questions Cloud

Briefly define each of the tax structures : Briefly define each of the tax structures.

What is the maximum you would be willing to pay today : If you require a return of 9% on investments of this risk, what is the maximum you would be willing to pay today?

How the currency exchange rate policy : Write down how the currency’s exchange rate policy has been changed over the last 5 decades,

What is the change in the bond price in percentage : What would be the bond's price if you purchase Morin Company's bond next year? What is the change in the bond's price in percentage?

How much federal unemployment tax : How much federal unemployment tax should been on behalf of Eric in 2016 ?

What do you think ex-dividend price will be : What do you think the ex-dividend price will be?

Using the discounted cash flow approach : What is the estimated cost of retained earnings using the discounted cash flow (DCF) approach?

What is cost of existing debt : Flotation costs on new debt will be 7%. If the firm has a 35% marginal tax bracket, what is cost of existing debt?

What price would you estimate for halliford stock : If Halliford's equity cost of capital is 11.9 % what price would you estimate for Halliford stock?

Reviews

Write a Review

Required(*) Message

Financial Management Questions & Answers

Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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

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