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shepuryov [24]
3 years ago
12

Question help an employee has gross earnings of​ $2,000 with withholdings of​ 6.2% ficaminus−​oasdi, 1.45​ % ficaminus−​medicare

, ​$100 for federal income tax and​ $30 for state income tax. how much is the gross​ pay?
Business
1 answer:
serious [3.7K]3 years ago
8 0
Idk idk idk idk idk idk idk idk
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When would your credit card company charge you an overlimit fee?
Anna71 [15]
D) when you charge more than your current credit limit
Why: because my sister has done it and I did that question in my school
Hope this helps good luck!!
5 0
2 years ago
Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at
babunello [35]

Answer:

$9,379

Explanation:

using the 2020 tax brackets:

the Comer's gross income = $68,000 + $33,000 + $1,500 = $102,500

taxable income = $102,500 - $24,800 (standard deduction for married couples) = $77,700

taxes owed = $1,975 + [12% x ($77,700 - $19,750)] = $8,929

capital gains = $13,000 - $10,000 = $3,000 x 15% capital gains tax rate = $450

total tax liability = $8,929 + $450 = $9,379

8 0
2 years ago
Assets Liabilities and Net Worth Reserves $51 Checkable Deposits $140 Loans 109 Stock Shares 130 Securities 100 Property 10 Refe
erastovalidia [21]

Answer:

$9 billion

Explanation:

Calculation to determine what The commercial banking system has excess reserves of

Using this formula

Excess Reserve= Net Worth Reserves -Required reserve

Let plug in the formula

Excess Reserve=$51 billion - (.30*$140 billion)

Excess Reserve=$51 billion-$42 billion

Excess Reserve=$9 billion

Therefore The commercial banking system has excess reserves of $9 billion

5 0
3 years ago
Bruno's Lunch Counter is expanding and expects operating cash flows of $26,900 a year for 6 years as a result. This expansion re
8090 [49]

Answer:

Net present value of this expansion project is 8234.

Explanation:

To get the net present value,  we make a cash-flow in excel. See document attached.

At moment 0 the investment is =$(92.700), also we consider the working capital =(6.600)

Moment 1 to 6 = $26.900

We calculate the Net cash flow (that is the difference between benefits and cost).

To get net present value, we use VNA formula.  ( =VNA(required rate of return; Net cash flow from moment 0 to moment 6) +Net cash flow at moment 0)

Net present value is 8234

4 0
3 years ago
Power distance refers to the extent of the gap between
iogann1982 [59]

Answer:

Option "D" is the correct answer to the following question.

Explanation:

Power distance is a type of inter-boundary that is found in different individuals within the same society. Power distance is not found to be appropriately distributed in the society, it is usually the thinking of lower ranks.

The more complexities in a culture, the more the difference between individuals will increase.  

But in the modern era, people from different cultures are working together, due to which people of lower rank are also encouraged to move forward.

4 0
3 years ago
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