1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
soldi70 [24.7K]
3 years ago
11

Your gross pay on your paycheck is $400. your deductions are as follows: federal income tax - $50.00 state income tax - $20.00 s

ocial security tax - $7.00 medicare tax - $3.50 please calculate your net pay (in dollars). question 2 options:
Business
2 answers:
snow_tiger [21]3 years ago
5 0

Answer

The net pay be $319.5 .

Explanation:

As given

Your gross pay on your paycheck is $400.

Deductions are as follows:

Federal income tax - $50.00 , state income tax - $20.00, social security tax - 7.00 , medicare tax - $3.50

Total amount of deduction = Federal income tax + State income tax + Social security tax + Medicare tax

Putting the values in the above

Total amount of deduction =  $50 +  $20 + $7 + $3.50

                                            = $80.5

Net pay = Gross pay on pay check - Total amount of deduction

              = $400 - $80.5

              = $ 319.5

Therefore the net pay be $319.5 .

borishaifa [10]3 years ago
4 0
Your net pay would be $480.50
You might be interested in
You can now sell 40 cars per month at $20,000 per car, and demand is increasing at a rate of 3 cars per month each month. What i
MArishka [77]

Answer:

More than $1500 price per car per month has to be dropped.

Explanation:

Given:

price per car = $20,000

car sale per month = 40

rate of increase in demand = 3

Solution:

Revenue R = Price × Quantity = P * Q

From the above given data

P = 20,000

Q = 40

R = P*Q

dQ/dt = 3

We have to find the rate at which the price is to be dropped before monthly revenue starts to drop.

R = P*Q

dR/dt = (dP/dt)Q + P(dQ/dt)  

          = (dP/dt) 40 + 20,000*3 < 0

          = (dP/dt) 40 < 60,000

         = dP/dt < 60000/40

         = dP/dt < 1,500

Hence the price has to be dropped more than $1,500 before monthly revenue starts to drop.

3 0
3 years ago
Read 2 more answers
. If Carissa Dalton has a $130,000 home insured for $100,000, based on the 80 percent coinsurance provision, how much would the
aev [14]

Answer:

$4,807.69

Explanation:

The first step is to calculate the requirement for coinsurance

= 80/100 × 130,000

= 0.8× 130,000

= 104,000

Therefore the amount in which the insurance person will pay can be calculated as follows

= 100,000/104,000 × 5000

= 0.96153×5000

= $4,807.69

7 0
3 years ago
Jose Inc. reports the following balances and amounts. The following information is presented in random order (amounts are in dol
tankabanditka [31]

Answer:

Current assets        300.000,00

Current liabilites        120.000,00

WORKING CAPITAL 180.000,00

Explanation:

Working capital, also known as net working capital (NWC), is the difference between a company’s current assets, such as cash, accounts receivable (customers’ unpaid bills) and inventories of raw materials and finished goods, and its current liabilities, such as accounts payable

8 0
3 years ago
On the first day of the fiscal year, Shiller Company borrowed $63,000 by giving a five-year, 12% installment note to Soros Bank.
lidiya [134]

Answer:

Bank A/c  Dr           $63,000

  To Notes Payable                         $63,000

(Being the issuance of the installment note for cash is recorded)

Explanation:

The journal entry is shown below:

Bank A/c  Dr           $63,000

  To Notes Payable                         $63,000

(Being the issuance of the installment note for cash is recorded)

For recording this transaction, we debited the bank account as it increased the assets account and at the same time it decreased the liabilities so the notes payable is credited

8 0
2 years ago
2 question 50 points PLUS Brainliest!
Kay [80]
  1. <em><u>Option </u></em><em><u>b </u></em>
  • <em>cuz </em><em>she's</em><em> </em><em>going </em><em>to </em><em>inform</em><em> </em><em>the </em><em>public</em><em> </em><em>about</em><em> </em><em>this </em><em>so<u> </u></em> <em>she needs to be a great public speaking </em>

2. <em><u>True</u></em>

7 0
3 years ago
Read 2 more answers
Other questions:
  • A project will produce an operating cash flow of $31,200 a year for 7 years. The initial fixed asset investment in the project w
    13·1 answer
  • Workplace Messaging and Texting
    13·1 answer
  • Recently a series of studies have demonstrated the considerable beneficial health effects of food and drink derived from the ama
    5·1 answer
  • Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2
    7·1 answer
  • BC Corporation has 2.8 million shares of stock outstanding. The stock currently sells for $50 per share. The firm’s debt is publ
    11·1 answer
  • A bank receives a deposit for $50,000. If the bank has a 10 percent reserve
    5·2 answers
  • uppose the government wants to limit imports of a certain good. Is it preferable to use an import quota or a​ tariff? Why? A.
    14·1 answer
  • The secret to effective sales is to have a
    5·1 answer
  • In the case of an undisclosed principal, a third party
    9·1 answer
  • If the economy's real GDP doubles in 9 years, we can rev: 05_30_2018 Multiple Choice not say anything about the average annual r
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!