I believe it s3 but not quite sure
Answer:
Social Security tax due = $358.67
so correct option is C. $358.67
Explanation:
given data
gross earnings = $5,785
total gross earnings = $116,700
Social Security taxes = 6.2%
maximum earnings = $122,700 per year
to find out
Social Security tax due by her employer from her 10/15/19 paychecks
solution
we get here Social Security tax due by her employer that is express as
Social Security tax due = Social Security taxes × gross earnings ........1
put here value we get
Social Security tax due = 6.2 % × $5785
Social Security tax due = $358.67
so correct option is C. $358.67
Answer:
A. your friend most likely should not be quite so excited because the extremely high cost of living in New York City means his real salary increase will be less than he imagined.
Explanation:
Here are the options to this question :
A. your friend most likely should not be quite so excited because the extremely high cost of living in New York City means his real salary increase will be less than he imagined.
B. your friend has no reason to be excited because higher pay implies more job responsibilities and more working hours.
C. your friend has every reason to be excited because he will be getting paid 120% of what he used to be paid.
D. your friend has reason to be excited because in a bigger city he will have more things to do and his higher salary will allow him to spend on those activities.
Cost of living in a big town is higher than living in a small town. Even though the nominal income of my friend has increased, the real income might not have increased due to the high cost of living in a big city.
Nominal income is the money income being earned. My friend's nominal income would increase from $50,000 to $60,000 if he takes the new job.
Real income is the purchasing power of income
Answer: d.have adequate protection against a potential drop in earnings jeopardizing their interest payments
Explanation:
The Times Interest Earned Ratio is a measure that allows for the analysis of if a company can keep up it's debt payments.
It is calculated by dividing the Earnings before Interest and Tax by the Interest Expense of the debt.
The higher the number, the better because it means that they can keep up debt payments several times over.
As Debtors therefore, this figure is important because missing a debt payment is very bad for credit ratings and this matrix helps them realise if they can keep paying for debt even if their Earnings drop.
Answer:
Total relevant cost = $143,288
Explanation:
In a make-or buy decision , to determine the optimal course of action we compare the purchase cost of the component from the external market to the relevant variable cost of internal production. Where the relevant cost of in-house production is less than the external price, the company should produce internally and vice versa
Differential cost per unit = 16 - 12 = $4
Total relevant cost = $4× 35,822 = $143,288
Total relevant cost = $143,288
Note the fixed cost of $10 per unit is exclude because it is not relevant ; it would be incurred either way
