User Account

All Pages

What would be an employee net pay for the year

Assignment Help Accounting Basics
Reference no: EM133187399

Question - Assuming a FICA tax rate of 7.65% on the first $128400 in wages, 1.45% on amounts in excess of $128400, and a federal income tax rate of 20% on all wages, what would be an employee's net pay for the year if he earned $230400 for the year?

Reference no: EM133187399

Questions Cloud

Describe the organisation and department : Describe the organisation and department that you work for. Analyse a specific process to highlight two (2) or more problems that are concerning for your organi
Monitoring and maintaining digital communications : Contribute to a plan for monitoring and maintaining digital communications
Is Milo Enterprise experiencing onerous type of contract : The aftermath of the election is seen to further bring in more uncertainties. Is Milo Enterprise experiencing "onerous" type of contract
What is the present value of your windfall : The prize will be awarded on your 100th birthday (assuming you're around to collect), 80 years from now. What is the present value of your windfall
What would be an employee net pay for the year : A federal income tax rate of 20% on all wages, what would be an employee's net pay for the year if he earned $230400 for the year
CHCPOL003 Research and apply evidence to practice Assignment : CHCPOL003 Research and apply evidence to practice Assignment Help and Solution - Describe the methods you used to systematically gather information
Quantitative analysis-what was the hardest to grasp : Review and reflect on what you learned in the past 8 weeks. What is the most practical and easily applied lesson you learned? What was the hardest to grasp?
What amount must the company borrow : Cocoa and Cookies Corporation has an agreement with its bank to maintain a cash balance of $25,000. What amount, if any, must the company borrow
How many units must be sold : The total fixed costs for the firm are $210,000. If the firm desires to earn a pretax income of $94,000, how many units must be sold

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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