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Troyanec [42]
3 years ago
6

The following totals for the month of October were taken from the payroll register of the Tobias Company:

Business
1 answer:
Brums [2.3K]3 years ago
7 0

Answer:

Gross pay = $14,000

Net pay = $8,329

Explanation:

<u>Particular                                            Amount</u>

<u>Salary                                                  $14,000</u>  

<u>Gross pay                                      $14,000</u>  

Less: Federal income tax                $3,500  

Less: State income tax                      $1,100  

Less: Social security tax              $868

$14,000 x 6.20%

Less: Medicare tax                       $203

<u>$14,000 x 1.45%                                               </u>

<u>Net pay                                               $8,329</u>

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Which of the following advertising mediums can be expensive and takes a long time to plan and produce, but you are able to selec
Burka [1]

Answer:

b. broadcast media

Explanation:

Broadcast media refers to the traditional form of advertising and includes radio and TV adverts.  Broadcast media allows a business to reach a broad audience in a region or a country in a short time. TV adverts offer the ability to communicate messages in sound, sight and motion, which creates a lasting image in the target audience minds.

Broadcast messages run for a short time and may require several exposures to make an impact. Creating a broadcast advertisement message is expensive. It often requires engaging specialized professionals.  A business can choose the time the adverts will air. Prime time adverts are charged at a higher rate.

4 0
3 years ago
In its first year of operations Best Corp. had income before tax of $540,000. Best made income tax payments totaling $177,000 du
hodyreva [135]

Answer:

$378,000

Explanation:

Best Corp. has income before tax of $540,000.

The tax rate is 30%.  the amount of tax will be 30% of $540,000.

= 30/100 x $540,000

=0.3 x 540,000

=$162,000

Tax amount = $162,000.

Net income =  Income before tax - tax amount

=$540,000 - $162,000

=$378,000

8 0
3 years ago
Proposal #2 would establish local collection centers throughout the region to decrease the time it takes to convert credit payme
mezya [45]

Answer: a. $120,000

b. $6,000

c. Yes

Explanation:

a. It is said that the collection centres would help reduce the collection time by 2 days and that every day $60,000 comes in.

If the proposal will reduce the amount of time taken to collect by 2 days then that means that the amount freed up is the amount that they would have collected in two days had it not been for the system.

That amount would be,

= $60,000 * 2

= $120,000

b. If they used this free up cash to pay off a debt that was accumulating 5% per year then the 5% will be saved.

The amount saved therefore is,

= 120,000 * 5%

= $6,000

By retiring a $120,000 that was accruing $6,000 a year, the proposal has enabled that $6,000 to be saved instead.

c. The cost of implementing this proposal is $5,200 per year and yet the savings it gives in interest is $6,000.

As the savings are higher than the cost, the number definitely suggest that the project should be implemented because it is more beneficial than it costs.

8 0
3 years ago
Sue now has $490. How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding?
Alina [70]

Answer:

c.$941.10

Explanation:

Calculation for How much would she have after 8 years

Using this formula

FV = PV(1+i)^n

FV represent future value

PV represent present value

i represent interest rate

n represent number of periods

Let plug in the formula

FV = 490(1 + .085)^8

FV= $941.10

Therefore How much would she have after 8 years will be $941.10

3 0
3 years ago
The process of sending and receiving messages without using any spoken words defines _____.
coldgirl [10]
B. Nonverbal communication is communication without words spoken.
4 0
3 years ago
Read 2 more answers
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