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Ede4ka [16]
1 year ago
11

which of the following are not required payroll deductions from an employees' gross earnings? (check all that apply.) multiple s

elect question. state unemployment tax (suta) federal income tax medicare federal unemployment tax (futa) charitable contributions fica tax
Business
1 answer:
Anvisha [2.4K]1 year ago
6 0

Federal unemployment tax (FUTA) , state unemployment tax(SUTA), and charitable contributions are not required payroll deductions from an employee's gross earnings.

Gross pay is the total quantum of plutocrat a hand receives before levies and deductions are taken out. For illustration, when an employer pays you an periodic payment of$,000 per time, this means you have earned$,000 in gross pay.

Gross payment is calculated by adding an hand's introductory payment and allowances previous to making deductions, including levies. Then, a introductory payment is the base income of an hand or the fixed part of one's compensation package. Provident Fund isn't taken into account while inferring the gross salary.Gross income is everything that an existent earns during one time, both as a worker and as an investor. Earned income includes only stipend, commissions, lagniappes, and business income, minus charges, if the person is tone-employed.

Learn more about employee's gross earnings here: brainly.com/question/13793671

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"Parker Company stock is currently selling for $130.00 per share and the firm's dividends are expected to grow at 6 percent inde
8_murik_8 [283]

Answer:

Cost of equity = 10.7%

Explanation:

<em>We will work out the required rate of return using the the dividend valuation model. The model states that the value of a stock is the present value of the future divided discounted at the cost of equity. </em>

The model is given below:

P = D× (1+g)/(r-g)

P- price of stock, D- dividend payable now, g- growth rate in dividend, r- cost of equity

So we substitute  

130 = 5.50× (1+r)/(r-0.06)

cross multiplying

(r-0.06)× 130 = 5.50 × (1+r)

130 r- 7.8  = 5.50 + 5.50r

collecting like terms

130 r - 5.50r=5.50 + 7.8

124.5  r= 13.3

Divide both sides by 124.5

r =13.3 /124.5=  0.1068

r=0.1068 × 100=  10.7%

Cost of equity = 10.7%

6 0
3 years ago
In a simplified banking system in which all banks are subject to a 20 percent required reserve ratio, a $1,000 open market purch
UNO [17]

Answer:

Increase by $5000

Explanation:

The United States Central Bank or the Federal Reserve (Fed) is responsible for controlling money supply in the United States as well as the activities of the commercial banks. This control can be carried out through a particular activity known as the Open Market Operations (OPO). This activity could be in form of buying or selling securities in the market.

According to the question, the 20% required reserve ratio means the banks are to maintain 20% of their total deposits. This means that a market purchase by the Fed of $1000 will increase the money supply by 5 times the amount bought by the Fed (20% is 1/5 of 100%).

The increase is calculated as $1,000 x 5 = $5,000

5 0
3 years ago
More than 99% of all U.S. firms are classified as small businesses, and they employ about half of private workers. A small busin
shusha [124]

The small businesses in the United States operate at a very high level, and form a big chunk of the total national employment.

<h3>What is a small business?</h3>

A business which runs and operates on a very small scale, defined as per the government authorities from time to time, is known as a small business.

The advantages of a small business are,

  1. Government subsidies and benefits
  2. Quick decision-making
  3. Easier formation

The disadvantages of a small business are,

  1. Government regulation
  2. Less scope of expansion
  3. Competition

Hence, the significance of a small business is aforementioned.

Learn more about small businesses here:

brainly.com/question/13424073

#SPJ1

3 0
2 years ago
Entries for Uncollectible Accounts, using Direct Write-Off Method Journalize the following transactions in the accounts of Arrow
ziro4ka [17]

Answer:

Arrow Medical Co.

Journal Entries:

Jan. 19: Debit Accounts Receivable (Dr. Sinclair Welby) $52,800

Credit Sales Revenue $52,800

To record the sale of goods on account.

Debit Cost of goods sold $28,500

Credit Inventory $28,500

To record the cost of goods sold.

July 7: Debit Cash $15,300

Credit Accounts Receivable (Dr. Sinclair Welby) $15,300

To record the receipt on account.

Debit Bad Debts Expense $37,500

Credit Accounts Receivable (Dr. Sinclair Welby) $37,500

To write-off the balance on account as bad debts.

Nov. 2: Debit Accounts Receivable (Dr. Sinclair Welby) $37,500

Credit Bad Debts Expense $37,500

To reinstate and reverse the bad debts written off.

Debit Cash $37,500

Credit Accounts Receivable (Dr. Sinclair Welby) $37,500

To record the receipt on account.

Explanation:

a) Data and Analysis:

Jan. 19: Accounts Receivable (Dr. Sinclair Welby) $52,800 Sales Revenue $52,800

Cost of goods sold $28,500 Inventory $28,500

July 7: Cash $15,300 Accounts Receivable (Dr. Sinclair Welby) $15,300

Bad Debts Expense $37,500 Accounts Receivable (Dr. Sinclair Welby) $37,500

Nov. 2: Accounts Receivable (Dr. Sinclair Welby) $37,500 Bad Debts Expense $37,500

Cash $37,500 Accounts Receivable (Dr. Sinclair Welby) $37,500

6 0
3 years ago
Private business dealings based on supply and demand define __________.
Blababa [14]
So here the interplay of supply and demand influences the dealings of the private business - which means that it's not centrally decided but rather  market analysis is done to determine what is needed.

The best answer is: market forces!

If the head of the business was not looking to the market, but rather making central decisions, we could call it "central planning "
5 0
3 years ago
Read 2 more answers
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