Answer:
$63.11
Explanation:
FICA stands for Federal Insurance Contribution Act. It is a combination of two taxes that find Medical health insurance and social security benefits. The employees deduct and withhold FICA from the employee paycheck.
If Pete makes $825 per week
the employer will deduct 7.65% of $825
=7.65/100 X $825
=0.0765 x $825
=$63.1125
Answer:
$0.745
Explanation:
GIven that
Current stock price 
= $40
strike price X = $50
time to expiry of option = 3 - month
put price option 
= $11
call price option 
= $1
and the risk-free rate r = 6%
The amount that can be made on the arbitrage can be evaluated as a function of the Put-call parity.
i.e For parity ;
50.255 = 51
the difference in both values above illustrates that there is no parity taking place and the arbitrage estimation here = 51 - 50.255 = $0.745
Answer: A. Expenses are increased
B. Net income is reduced
E. A liability (such as salaries payable) will be increased.
Explanation:
An accrued expense is an expense that is witten when it was incurred even before it's eventually paid. e.g wages payable.
The effect of an accrued expense such as salaries expense adjustment on the income statement and the balance sheet is that there'll ba na increase in expense. Also, there'll be an increase in liability such as the salaries payable. Since there is an increase in liability, thus will bring about a reduction in the net income.
