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Vitek1552 [10]
3 years ago
6

The chart shows a sample paycheck stub. The chart shows that federal and state taxes are added to employee pay. Withheld from em

ployee pay. Refunded in employee pay. Filed through employee pay.
Business
2 answers:
dexar [7]3 years ago
8 0

Answer:

B. withheld from employee pay.

Explanation:For sure!

skelet666 [1.2K]3 years ago
6 0

Answer:

Withheld from employee pay.

Explanation:

Your paycheck stub should show the following withholdings:

1) The Federal Insurance Contributions Act (FICA) taxes include:

  • Social security tax rate for employees is 6.2% (for all income up to $132,900)
  • Medicare tax rate for employees is 1.45% (for all income up to $200,000, above that an extra 0.9% is collected)

2) Federal income taxes (depends on income bracket)

3) State income taxes (depends on state taxes and income brackets, not all states collect them)

4) any other local or city taxes

You might be interested in
Which one of the following statements best defines the efficient market hypothesis? A. Efficient markets limit competition. B. S
lubasha [3.4K]

Answer:

The correct answer is letter "D": All securities in an efficient market are zero net present value investments.

Explanation:

The Efficient Market Hypothesis (EMH) states that neither public or insider information cannot help in an attempt to beat the market because stocks already show all available information possible. Thus, neither using technical or fundamental analysis could be useful to predict future stock price movement.  

<em>In other words, in a market under EMH all stocks are zero Net Present Value (present value inflows minus present value outflows) investment vehicles.</em>

5 0
3 years ago
During June, Buttrey Corporation incurred $73,000 of direct labor costs and $13,000 of indirect labor costs. The journal entry t
QveST [7]

Answer:

                                                            Dr.             Cr.

Work in process                             $73,000

Manufacturing overhead                $13,000

Account Payable                                              $86,000

Explanation:

The Direct cost are those which are directly attributable to the product or service under consideration. Indirect cost are those which cannot be directly assigned to product or service cost. All the direct cost is added to the work in process account and indirect cost are included in the manufacturing overhead account.

4 0
2 years ago
Mayo Corp. has estimated that total depreciation expense for the year ending December 31, 2021 will amount to $600,000, and that
Mariulka [41]

Answer:

$900,000

Explanation:

Depreciation for the year      $600,000

Employee Bonuses              $1,200,000

Total expense for the year    $1,800,000

Expense to be reported in interim income statement 1,800,000/2=$900,000

5 0
3 years ago
One problem in the interstate trucking industry is the number of trucks that return empty after making a delivery. There is a we
balu736 [363]

Answer:

Yield management pricing

Explanation:

Yield management pricing is the charging of different prices for a given set of capacity at a specific time in order to maximize revenue. This is based on the demand and supply in the market and is very common in industries such as airlines, hotels and resorts. When there is very high demand for airline seats, prices for them are high. However, if some of those passengers decided to refund their tickets, close to departure and the flight would be taking off soon, instead of flying with empty seats and no revenue from them, the airline would decide to sell these same seats at a cheaper rate in order to gain some revenue. This is a form of revenue maximization.

6 0
3 years ago
Because of the compounding effect:
luda_lava [24]

Answer: c. small changes in economic growth rate lead to large GDP changes over time.

Explanation:

If there is even a small change in the rate at which the economy is growing, this increase will increase by even more the year afterward and then even more as time goes on. This is because the interest is being compounded overtime.

Look at the future value formula that shows compounding for instance:

Future value = Amount * (1 + rate) ^ number of periods

Assume even a change of 2% in the growth rate. In 30 years, this rate would have increased the economy by:

= 1 * ( 1 + 2%)³⁰

= 1.81

Which is a rate of:

= 1.81 - 1

= 81%

What started off as only 2% became 81% in 30 years. This is what compounding does.

6 0
2 years ago
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