What is lindsey net pay

Assignment Help Financial Accounting
Reference no: EM132750521

Problem 1: Lindsey Vater's weekly gross earnings for the week ended March 9 were $800, and her federal income tax withholding was $128.96. Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Lindsey's net pay? If required, round your answer to two decimal places.

Reference no: EM132750521

Questions Cloud

Explain the different business or service specializations : Explore from Internet sources and explain at least three HR best practices of Ritz Carlton Hotels and relate how these best practices can be replicated.
What is the income statement for the upcoming year : What is the income statement for the upcoming year using absorption costing. Fixed manufacturing overhead? (MOH) in total for the year $253,000
Difference between specification and standardization : What is the difference between specification and standardization
Strategic planning process of virtually every organisation : Location decisions represent a key part of the strategic planning process of virtually every organisation.
What is lindsey net pay : Lindsey Vater's weekly gross earnings, Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Lindsey's net pay?
Memory images and images of various forms off media : Go online and research some tools that would be valuable in collecting both live memory images and images of various forms off media.
Difference in voluntarily and involuntary working from home : What is the difference between voluntarily working from home and involuntary working from home? What impact does this have on the HR function?
Public key infrastructure : Public Key Infrastructure (PKI) is a combination of software, hardware, and policies used to secure communications over an insecure medium.
Compute what is the stock current price : If a stock's P/E ratio is 13.5 at a time when earnings are $3 per year and the dividend payout ratio is 40%, what is the stock's current price?

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