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An employee receives an hourly wage rate of $16, with time-and-a-half for all hours worked in excess of 40 during the week. Payroll data for the current week are as follows: hours worked, 44; federal income tax withheld, $137; social security tax rate, 6.0%; Medicare tax rate, 1.5%; state unemployment compensation tax, 3.4% on the first $7,000; and federal unemployment compensation tax, 0.8% on the first $7,000.
Question 1: What is the net amount to be paid to the employee? Round your answer to the nearest cent.
Rather than be in a perfectly competitive market, in an effort to maximize profits, select the type of market would you rather be in and analyze what you would have to do to make it happen. [Include monopoly, monopolistic competition, and oligopoly.]
should roi be the only gauge a company uses to evaluate investments? also is it wise for a company to lose money on one
Leister Auto Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $15,540. All sales are subject to a 5% sales tax.
Trouble Accessories has the following current assets: cash, $1,200; calculate the current ratio and working capital for Trouble Accessories
Silver Shades corporation disposes of a capital asset with an oringial cost of 115000 and accumulated depriciation of 62500 for a salvage price of 18000. Silver Shades tax rate is 30%. Calculate after tax cash inflow from the disposal of the capit..
ceiling fans by ikes overhead budget for 2009 was as follows factory supervision 300000 utilities costs 150000
What is "Activity Based Costing" and how does it work? What does it do for a firm employing such a system? How do you go about developing such a system in a firm? What are the steps? What would an example look like?
the customer contacts customer satisfaction department and explains a problem with items received from the company
An investor is looking to buy stock in Company XYZ. The earnings in the last year were $9.50 a share and expected to grow 3% a year for the upcoming 5 years. The current return on benchmark investments is 11%. Using the Capital Asset Pricing Model..
Analyze the economic conditions that affect revenue projections. Recommend a revenue policy that aligns with community values.
The weighted average common shares outstanding in 2011 were 28,000 shares. Compute the Earnings per share and Price-earnings
Comment on the differences between the absorption costing and the variable costing income statements.
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