What is his net pay

Assignment Help Financial Accounting
Reference no: EM133433516

Question: Zach is a full-time exempt employee in Hanover, New Hampshire, who earns $142,000 annually. He is single with no dependents per his 2021 Form W-4 and is paid semimonthly. He contributes 3% per pay period to his 401(k) and has pre-tax health insurance and AFLAC deductions of $150 and $25, respectively. Zach has a child support garnishment of $450 per pay period. What is his net pay?

Reference no: EM133433516

Questions Cloud

What are some of the strategies you would implement : When working in a group setting, what are some of the strategies you would implement to encourage group cohesiveness and reduce social loafing?
Explain the benefits of using a standard cost system : Describe standard costs. Explain the benefits of using a standard cost system at a well-known company. Do not post on a company that one of your classmates
What combination of boral and chromal maximizes total : What combination of Boral and chromal maximizes total monthly contribution?
Reading article a leadership style : After reading the selected article(s) this week, provide details regarding a leadership style (Jeferson, et. al., 2019).
What is his net pay : He contributes 3% per pay period to his 401(k) and has pre-tax health insurance and AFLAC deductions of $150 and $25, respectively. Zach has a child support
What will be the impact on the payroll : Determine a minimum-cost staffing plan for PharmaPlus. How many pharmacists and technicians are needed and What will be the impact on the payroll
Why do scientists bother with the formulation of hypotheses : Why do scientists bother with the formulation of hypotheses? Discuss the research process and the role of hypotheses within it.
Identify a communications management plan : Identify 3 elements in your plan that would be different from the same elements in a "communications management plan" for a team composed of members.
What type and term of the loan is required : What type and term of the loan is required? Perform a risk assessment for Dr. Stephenson and his practice. What alternatives should you consider

Reviews

Write a Review

Financial Accounting Questions & Answers

  How should the company account for the situation

How should the company account for this situation? In January 2020, AeroEngine Co. was advised of possible litigation due to faulty engines.

  What the dividend yield for the company is

Carbonetti Company paid $1.64 per share in common dividends in 2017. Its net market price per common share was $2.73. The dividend yield for the company is

  Purpose a combined cost of goods sold and income statement

Purpose a combined cost of goods sold and Income Statement

  Calculate the amortisation of deferred income

Calculate the amortisation of deferred income that will be recognized in statement of profit or loss if the company adopt the alternative method

  How is statement of cash flows differ from income statement

How is a statement of cash flows different from an income statement? How do investors, creditors, and others typically use the information in the statement of cash flows?

  What is a work sheet

What is a work sheet? What is the last step in the completion of a worksheet? Why accountants make a worksheet? When is the closing process performed?

  Prepare appropriate adjusting entry for ronald rackets corp

Prepare the appropriate adjusting entry that Ronald Rackets Corporation would make on January 5, 2013 to account for the cash payment made to employees.

  What is the percentage change in the price of this bond

What is the percentage change in the price of this bond if the market yield to maturity rises to 5.7 percent from the current rate of 5.5 percent

  Cost of capital for the proposed investment project

The company’s stock is hundred percent owned by its several cofounders, and the current market price of each of the 500,000 shares of stock is $20. When you started your work, you were immediately assigned a big project. What is the weighted average ..

  What is comparative horizontal balance sheet analysis

What is comparative horizontal balance sheet analysis? Discuss absolute and relative changes with reference to comparative horizontal financial statement analysis. How is average sales revenue per guest calculated? What is the equation for converting..

  How much withholding will ABC collect from individual A

Long term capital gain of $110 realized from the sale of a US company. How much withholding will ABC collect from individual A

  The information about the unnecessary time pressure

Audit standards require successor auditors to attempt to communicate with the predecessor before accepting an audit engagement. Audit standards require successor auditors to attempt communication with the predecessor auditors. What step did Rich Fort..

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