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
professor190 [17]
3 years ago
7

Beginning with the first pay of the year, Carson will make $2,700 each week. In which numbered pay of the year will Carson hit t

he OASDI taxable limit?
Business
1 answer:
VikaD [51]3 years ago
3 0

Answer:

With the 48th pay of the year, Carson will hit the OASDI taxable limit.

Explanation:

As per the OASDI taxable limit for 2018 is $128500.

Thus the tax day is calculated as

\$128700/\$2700\\=47.66 \approx 48

So the tax day is the 48th pay day.  And thus with the 48th pay of the year, Carson will hit the OASDI taxable limit.

You might be interested in
A _______ gives its holder the right to sell an asset for a specified exercise price on or before a specified expiration date. m
Alisiya [41]

A put option gives its holder the right to sell an asset for a specified exercise price on or before a specified expiration date.

<h3>What is an asset?</h3>

Assets are any resources that a company or other economic entity owns or has control over in financial accounting. Anything (tangible or intangible) that has the potential to generate positive economic value qualifies. When turned into money, assets indicate the worth of ownership (although cash itself is also considered an asset). A company's assets are valued in dollars and are listed on its balance sheet. Money and other valuables that belong to a person or a company are covered.

Both tangible and intangible assets can be categorized into major asset classes.

To know more about assets, visit:

brainly.com/question/16983188

#SPJ4

5 0
2 years ago
The trickiest weather condition you'll encounter is ___________ .
Zepler [3.9K]

The trickiest weather condition that an individual may encounter is an adverse weather conditions in which this type of weather produces effects that makes an individual to find it difficult to go out or see, examples of this is when there is a conditions such as snow, ice, rain or fog.

8 0
3 years ago
A recent income statement of Suni Corporation reported the following data:
tamaranim1 [39]

Answer:

E. 12,500 units

Explanation:

Contribution margin = Sales - Variable cost = $6800000 - $2800000 = 40,00,000

Contribution margin per unit = 4000000/20000 = $200 per unit

Break-even Point = Fixed cost/Contribution margin per unit = $2500000/$200 = 12500 units

7 0
3 years ago
Fifteen years ago, Lenny purchased an insurance policy on his own life. The policy provides a $3 million death benefit. Lenny ha
dalvyx [7]

Lenny will generate $471,250 after-tax cash.

<h3>What is an insurance policy?</h3>
  • The insurance policy, which establishes the claims that the insurer is legally obligated to pay, is a contract between the insurer and the policyholder.
  • The insurer guarantees to reimburse losses brought on by risks covered by the policy language in return for an upfront payment known as the premium.
<h3>What is a cash surrender value?</h3>
  • If a policyholder or the owner of an annuity contract chooses to cancel their policy before it matures or an insured event occurs, the insurance company will give them the cash surrender value as compensation.
<h3>Solution -</h3>

Money Lenny will get = $725,000.

Subtract the tax to find the money Lenny will get.

35% of 725,000 = $253,750.

725,000 - 253,750 = 471,250

Therefore, Lenny will generate $471,250 after-tax cash.

Know more about compensation here:

brainly.com/question/19646648

#SPJ4

6 0
2 years ago
You present a solution that is reasonable and not presented as an ultimatum. if there are areas of disagreement, you make conces
Basile [38]

The settlement step is the part of the negotiation process that is described using the description here.

<h3>What is the negotiation process?</h3>

This term is used to refer to the ways through which two people would have to resolve a conflict.

They do this by reaching an agreement or what is called the compromise.

Read more on negotiation process here:

brainly.com/question/902450

#SPJ1

8 0
2 years ago
Other questions:
  • Wild Plus, a television channel dedicated to wildlife, wanted to promote its new wildlife adventure series. The series received
    11·1 answer
  • One reward of starting your own business is _____.
    6·2 answers
  • The sacrifices made by societies in order to engage in military spending represent the nominal costs of military spending. the o
    14·1 answer
  • A decrease in supply is caused by:
    11·1 answer
  • While waiting in line to buy two tacos at 80 cents each and a medium drink for 90 cents, Jordan notices that the restaurant has
    6·1 answer
  • Firm that uses alliances and connections with​ corporate, government, academic​ labs, and consumers to develop new products and
    14·1 answer
  • United Builders wants to maintain a target capital structure with 30% debt and 70% equity. Its forecasted net income is $550,000
    6·1 answer
  • A contractor who specifies the procedure to mix the concrete in addition to specifying requirements for the ultimate strength of
    8·1 answer
  • A home equity loan can be risky because the lender can foreclose if you don’t make your payments
    13·2 answers
  • Estimating the chance of loss associated with premature death is an objective probability.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!