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lys-0071 [83]
3 years ago
6

The amount of federal income taxes withheld from an employee's gross pay is recorded as a(n)

Business
1 answer:
qwelly [4]3 years ago
5 0

Answer:

The correct answer is letter "C": liability.

Explanation:

Current Liabilities are company debts due within one year or one operating cycle, whichever greater. An operating cycle is the time it takes a company to purchase inventory and convert it into cash from sales. Current liabilities include items such as <em>accounts payable, short-term debt, </em>and <em>taxes payable</em>.

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Scenario: Denise is 24 and living on her own. She has a job cleaning hotel rooms. She makes about $485 a week. Her monthly rent
Vlad1618 [11]

The monthly income of Denise after she decides to go back to school to become an LPN will be $3880.

<h3>What is monthly income?</h3>

The amount of money earned or made by an individual under employment or engaged in business activities is known as the total monthly income of such individual.

Using the given information, it can be said that the salary of Denise will become $970 a week after she becomes an LPN. So, her monthly income will be 970 × 4 = $3880.

Hence, the monthly income of Denise after she becomes an LPN is aforementioned.

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6 0
2 years ago
The short-term scheduling activity called "loading": Select one:
Nikitich [7]

Answer:

b. assigns jobs to work centers

Explanation:

Initially an aggregate plan is prepared and then there is a master plan, accordingly with that master plan divided into smaller sections some short term schedules are prepared.

Under the short term scheduling the term loading is done which refers to assignment of jobs to work centers.

This provides for the segregation of duties and work in between different work centers as in which work center will perform which job.

The company jointly performs all activities in order to meet the aggregate plan, by performing duties of each work center properly the goal can be achieved.

6 0
4 years ago
If a firm adopts a production process that is costly in order to reduce pollution, the result is
Alja [10]
The answer is: A decrease in the profit-maximizing rate of output and a decrease in the firm's profits.
7 0
3 years ago
Suppose Americans suddenly develop a strong taste for Canadian whiskey. What happens to the demand for Canadian dollars in the f
weeeeeb [17]

Answer:

A) If there is a sudden spike in the demand for Canadian Whiskey, the demand for Canadian Dollars will shoot upwards in the FX market.

B) When the demand for Canadian dollars does up in the FX market, the forces of demand and supply will force its price to increase in relation to the dollar.

C) If America is not exporting any commodity, or the number of Canadian goods imported into America is less than what it shipped out to them, then there is a trade deficit. Trade deficits if sustained can lead to a weaker currency.

D) Because the export demand for Canadian Whiskey has taken an upward spiral, the number of net exports in Canada will increase. When this happens, the currency is strengthened and so is the Canadian dollar. When the strength of a currency increases, it automatically gives more purchasing power to those holding that currency.

When compared to the U.S. with a consistently lowered net export, the dollar is likely to depreciate in value, thus eroding the spending or purchasing power of the U.S. dollar.

Cheers!

5 0
4 years ago
suppose the exchange rate is 90 yen per u.s. dollar and the united states wants to keep the exchange rate at a target rate of 90
iris [78.8K]

Suppose the exchange rate is 90 yen per US dollar and the united states wants to keep the exchange rate at a target rate of 90 yen per US dollar. if the demand for US dollars ​, the fed​ <u>sells dollars to lower the exchange rate.</u>

<u></u>

When rate of exchange changes, the worth of 1 currency can go up whereas the worth of the opposite currency can go down. Once the worth of a currency will increase, it's aforementioned to own appreciated. On the opposite hand, once the worth of a currency decreases, it's aforementioned to own depreciated.

When a country's rate of exchange will increase relative to a different country's, the value of its merchandise and services will increase.  Ultimately, this will decrease that country's exports and increase imports.

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6 0
1 year ago
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