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kenny6666 [7]
3 years ago
15

Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 8,638. The

FICA tax for social security is 6.2% of the first $118,500 of employee earnings each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7,000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1,433.27. Her net pay for the month is ________.
Business
1 answer:
mina [271]3 years ago
4 0

Answer:

Net Pay = Gross Pay - Federal Income Tax - FICA-SS Tax - FICA-Medicare Tax

Net Pay = $8,260.00 - $1,325.17- $512.12 - $119.77* = $6,302.94

Explanation:

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Answer:

The correct answer is C

Explanation:

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Under this situation, both of them started a business, which performed well in its 1st year, but in the second year the business does not perform well due to the horrible record of team and poor economic conditions. Therefore, this condition will be explained as the environmental circumstances are tough to control as well as are dynamic in nature.

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Banks use a large percentage of their checkable deposits for the purpose of __________.
KiRa [710]

Answer:

B. giving loans

Explanation:

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The percentage of reserve requirement ranges from 3% to 10%. It would hardly get to 20%. The rest other bigger percentage ( over 80%) is available to be used to create loans.

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kondor19780726 [428]
Utility is your answer. Quality could be your answer as well.
Though, by definition:
Utility - u<span>seful, profitable, or beneficial.</span>
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A corporate bond backed only by a company's promise to pay is called a
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Choose the correct answer and rationale. “The prices listed on retail websites...”
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