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3 years ago

Which of the following are included in the employer's payroll taxes?

Business

1 answer:

anyanavicka [17]3 years ago

5 0

Answer:

(b) all are included in employer taxes

Explanation:

The following employer payroll taxes are involved

1. Social security tax with a maximum contribution of 6.2%

2. Medicare taxes with a maximum wages contribution of 1.45%

3. Federal unemployment taxes (FUTA)

4. State unemployment taxes (SUTA)

These four taxes are contributed by the employer for payroll taxes

Hence, the correct option is b.

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At its present rate of output, Barrel O' Biscuits, a perfectly competitive firm, finds that its marginal cost exceeds its margin

Delvig [45]

Answer: Reduce output

Explanation:

According to the given question, the barrel O' Biscuits is one of the type of perfectly competitive organization in which its overall marginal cost increasing the company's marginal revenue.

For maximizing the profit of an organization then we should reduce the output as in the perfect competition the company majorly affected the output only and for shift the overall marginal cost of the company we reducing the output.

Therefore, Reduce output is the correct answer.

3 0

3 years ago

You are scheduled to receive annual payments of $60,000 for each of the next 20 years. The annual rate of return is 8 percent. W

babymother [125]

Answer:

= $ 219,657.43

Explanation:

FV of annuity = P x [(1+r) n -1/r]

P = Periodic payment = $ 20,000

r = Periodic interest rate = 0.08

n = Number of periods = 20

FV = $ 60,000 x [(1+ 0.08)20 -1/0.08]

= $ 60,000 x [(1.08)20 -1/0.08]

= $ 60,000 x [(4.66095714384931 -1)/0.08]

= $ 60,000 x (3.66095714384931/0.08)

= $ 60,000 x 45.7619642981163

= $ 2,745,717.85788698 or $ 2,745,717.86

FV of annuity due =(1+r) x P x [(1+r) n -1/r]

= (1+0.08) x $ 2,745,717.85788698

= 1.08 x $ 2,745,717.85788698

= $ 2,965,375.28651794 or $ 2,965,375.29

Difference in FV of ordinary annuity and annuity due

= $ 2,965,375.29 - $ 2,745,717.86

= $ 219,657.43

3 0

3 years ago

Adam Smith used the “invisible hand” as a metaphor for the forces that balance a free market. What might be a good metaphor for

7nadin3 [17]

In economics, the invisible hand is a metaphor used by Adam Smith to describe ... Smith may have come up with the two meanings of the phrase from Richard Cantillon ... In this work, however, the idea of the market is not discussed, and the word ... In alternative models, forces which were nascent during Smith's life, such as ... and ....

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3 years ago

A major difference between ifrs and gaap relates to the revaluation surplus account. retained earnings account. share premium ac

AleksAgata [21]

A major difference between IFRS and GAAP relates to the A Revaluation Surplus Account.

A revaluation reserve is an equity account that stores changes in the value of fixed assets. If the revalued assets are subsequently disposed of by the company, the remaining revaluation reserve is credited to the company's retained earnings account.

This reserve is only used when the organization prepares its financial statements in accordance with International Financial Reporting Standards. No revaluation reserve is allowed for companies using generally accepted accounting principles.

A revaluation reserve is an equity account that stores changes in the value of fixed assets. If the revalued assets are subsequently disposed of by the company, the remaining revaluation reserve is credited to the company's retained earnings account.

Learn more about Revaluation here: brainly.com/question/19908089

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3 0

2 years ago

Why is it important to conduct market research on your target audience before building your marketing plan?

Tcecarenko [31]

Conducting market research on your target audience before building a marketing plan allows you to understand your customers/clients and their needs. By completing a marketing plan that includes demographical research as well as spending and purchasing goals and plans, you can understand how to adjust each of the 4 Ps (Price, Place, Promotion, and Product) to create value for your customers and differentiate your product in the marketplace.

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3 years ago