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Mademuasel [1]
3 years ago
15

Brian makes ​$27,000 per year. how much can brian expect to contribute to fica taxes? question 7 options: $2,065 $1,674 $391 $2,

664
Business
1 answer:
Sophie [7]3 years ago
5 0
<span>To find the amount of FICA taxes one has to contribute, there are two values needed. First, the Social Security tax rate is 0.062 (6.2%) on the first $127,200 in wages, and then the Medicare tax is 0.0145 (1.45%) on the first $200,000 in income. Adding these two figures gives the total FICA taxes. 6.2 percent of $27,000 is $1,674, and 1.45 percent of $27,000 is $391.50. Adding these two values together (1674 + 391) gives a total of $2,065, or choice (A).</span>
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Which of the following is not deductible in 2018? a.Expenses incurred associated with investments in stocks and bonds. b.Allowab
Masja [62]

Answer:

b. Allowable hobby expenses in excess of hobby income.

Explanation:

Allowable hobby expenses in excess of hobby income is not deductible in 2018.

3 0
3 years ago
The market for the fast car with so much horsepower that handling becomes an issue is decreasing. People are more interested in
marusya05 [52]

Answer:

Dog.

Explanation:

In 1970, Bruce D. Henderson developed and created a growth-share matrix for the Boston Consulting Group (BCG). The Boston Consulting Group (BCG) growth-share matrix is a tool used for analyzing and planning product lines in a business unit. It makes use of a graphical representation of a company's product line and services to analyze and make long-term strategic plans on which to invest more on or sell off.

Generally, products are divided into four (4) main categories in the BCG growth-share matrix;

1. Dogs.

2. Stars.

3. Question marks.

4. Cash cows.

A dog refers to a product or business unit that has a very low growth rate or market share and as such generates insufficient amount of revenues.

In this scenario, Camaro isn't able to generate sufficient (enough) cash to sustain its manufacturing or production process, the Boston Consulting Group (BCG) portfolio would classify it as a dog.

6 0
3 years ago
Attorneys suing Chiquita believe that the most ethical choice for a company facing violent threats at an overseas business unit
kramer

Answer: d. suspend all business activities and exit the country.

Explanation:

Chiquita Brands International is simply a multinational corporation that delas with fruit production. While in Columbia, the company was involved in bribery which was due to the political unrest in the country.

In order to keep the guerilla fighters away from their workers, Chiquita has to bribe them which later resulted in a court case. Attorneys suing Chiquita believe that the most ethical choice for a company facing violent threats at an overseas business unit is to suspend all business activities and exit the country.

3 0
3 years ago
If the Federal Reserve buys $250 million worth of U.S. Treasury bills in the open market, and the reserve ratio is 10%, then at
Hoochie [10]

Answer: c) potentially increase by $2,500 million.

Explanation:

If the Federal reserve buys $250 million worth of US Treasury bills then they are injecting money into the economy. This money will potentially be deposited in banks which will then use it to create money by continually loaning it out.

Should that be the case, the maximum amount that will be created is calculated by;

= Total cash introduced / reserve ratio

= 250/0.10

= $2,500 million

Cash will potentially increase by $2,500 million.

7 0
3 years ago
A 60-year old man wants to trade in and out of the market on a daily basis. He has the investment objectives of income and capit
Ne4ueva [31]
Answer: true

Explanation: I’m not sure but I hope this helps
8 0
3 years ago
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