Answer:
The net pay is $1048.20
Explanation:
Net pay : The net pay is come when all taxed and deductions is subtracted from the gross earnings
For computing the net pay, we use the following equation which is shown below:
= Gross earnings - FICA OASDI - FICA medicare - federal income tax - state income tax
where,
Gross earnings is $1,200
FICA OASDI = 6.2% of $1,200 = $74.4
FICA medicare = 1.45% of $1,200 = $17.4
Federal income tax = $50
State income tax = $10
Now, put these values to the above equation
So, the value would be:
= $1,200 - $74.4 - $17.4 - $50 - $10
= $1048.20
Hence, the net pay is $1048.20
This statement on the laws that firms should obey that incudes labor and consumer protection laws is <u>True</u>.
<h3>What Laws should companies follow?</h3>
- Companies should follow all laws in a nation.
- They should especially follow those that relate to them such as labor and consumer protection laws.
The laws of a nation are for everyone in that nation including companies. Unless a law states that companies can be exempted, they are bound by all laws.
In conclusion, this is true.
Find out more on labor laws at brainly.com/question/19832789.
Answer:
2121.566 will be saved
Explanation:
Extra cost=8%
Saving per year=15%
Extra Cost of home=250000*0.08=$20000
Let the energy saving required per year to justify the home=x
Extra cost paid = P.v of energy saving
20000=x*Annuity factor(10%@30 years)
20000=x*9.427
X=2121.566
Answer:
$14,250
Explanation:
To determine what amount of money will make Fred take his chances and invest in this new business, we first have to solve this equation:
- current wealth - (% chance of losing money x wealth after losing money)
$12,000 - (20% x $3,000) = $12,000 - $600 = $11,400
Then:
$11,400 / 80% of getting wealthier = $14,250