Answer:
$4,713.425
Explanation:
The computation of amount of net pay for the employee for the month of January is shown below:-
Deductions = (Gross earning × Social security tax rate) + (Gross earning × Medicare tax rate) + Federal income taxes + Health insurance + Contribution of retirement plan
= ($5,550 × 6.2%) + ($5,550 × 1.45%) + $184 + $152 + $76
= $344.1 + $80.475 + $184 + $152 + $76
= $836.575
Net pay = Gross earning - Deductions
= $5,550 - $836.575
= $4,713.425
Therefore for computing the net pay we simply applied the above formula.
Answer:
The equilibrium level of output will be Y=2200
Explanation:
Comnsider the following formulas to solve the exercise.
1. Using the Expenditure approach to GDP,
Y=C+I+G
Y=200 + 0.75(Y-200)+200+300
Y=700+0.75Y-150
0.25Y=550
The equilibrium level of output will be Y=2200
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Answer:
Yes, the machine should be replaced
Explanation:
The calculation is given below:
<u>
Particulars old Machine New machine
</u>
Purchase price $300,000
Less:
Salvage value -$80,000
Operating cost $400,000 $144,000
($100,000 × 4 ) ($36,000 × 4)
Total cost $400,000 $364,000
Hence, the financial advantage is
= $400,000 - $364,000
= $36,000
As there is a financial advantage of $36,000 therefore the old machine would be replaced with the new machine
Answer:
Education
Explanation:
Given the total volume and importance of international trade and international exchanges, describe the implications to someone's career in business, and to your education in particular.
