Answer:
1. $714.798
2. $66.402
3. $141.484
Explanation:
1. Gross pay = 62 hours worked x $14.00 per hour
= $868
Net paycheck = Gross pay - Tax
= 868 - [(868) x (6.2%+1.45%+10%)
= $868 - $153.202
= $714.798
2. Employer's payroll tax expense = (6.2%+1.45%) x 868
= $66.402
3. Jim's employer's total payroll tax liability for the period.
868*6.2% (FICA taxes - Employee) + 868*6.2% (FICA taxes - Employer's share) + 868*1.45% (Medicare taxes - Employee) + 868*1.45% (Medicare taxes - Employer's share) + 868*10% (Withholding tax).
= 53.816 + 53.816 + 12.586 + 12.586 + 8.68
Total = $141.484
In order to overcome the free-rider problem interest groups often provide selective benefits to their members.
The free-rider problem is a problem in economics. it is considered an instance of a market failure. this is, it's far an inefficient distribution of goods or offerings that happens when a few people are allowed to consume extra than their honest proportion of the shared useful resource or pay much less than their honest percentage of the charges.
The free-rider problem is a monetary idea of a market failure that happens whilst humans are taking advantage of sources, goods, or offerings that they no longer pay for. If there are too many free riders, the sources, goods, or services may be over-provided. consequently, this will create a loose rider problem.
The free rider problem may triumph over thru measures that make sure the users of a public accurate pay for it. Such measures encompass government moves, social pressures, and gathering bills—in particular conditions wherein markets have located a way to do so.
Learn more about the free-rider problem here:-brainly.com/question/25800077
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Finish to start dependency- This is the most common type of dependency in project management as well as real life.
Answer:
a. $495,000
Explanation:
Data provided
Federal taxable income = $500,000
State A income tax expense = $45,000
Depreciation Modification = $300,000, $250,000
The computation of taxable income is shown below:-
Federal taxable income + State A income tax expense - Depreciation Modification
= $500,000 + $45,000 - ($300,000 - $250,000)
= $545,000 - $50,000
= $495,000
