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3 years ago

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[04.01 mc] inflation is low but the unemployment rate is the highest seen in several years. economists report signs that show in

six months the economy is likely to improve. the economy is likely in

1 answer:

viktelen [127]3 years ago

3 0

The economy is in trough

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___________ commerce is a way for individuals to provide feedback and reviews about products and services.

zaharov [31]

<span>This is an example of social commerce. This facet allows users of products a way to give feed back to large groups of people at one time and also allows businesses to see trends, good or bad, that might be taking place for or against a product or service line.</span>

7 0

4 years ago

An employee works 50 hours (50-40 were overtime hours) during a workweek in December of 2015. He earns $9,500/month, with his em

Lady bird [3.3K]

Answer:

(a) Calculate gross pay for the weekly pay period is $3,265.60.

(b) Taxable income used to calculate federal income tax withholding, Social Security, and Medicare tax is $98,280.07.

Explanation:

From the question, we can obtain the following:

Number of regular weekly hours = 40

Number of regular monthly hours = Number of regular weekly hours * 4 = 40 * 4 = 160

Number of overtime hours during the workweek = 50 - 40 = 10

Monthly regular pay = $9,500

Weekly regular pay = Monthly regular pay / 4 = $2,375

Regular hourly rate = Monthly regular pay / Number of regular monthly hours = $9,500 / 160 = $59.38

Overtime rate = Regular hourly rate * 1.50 = $59.38 * 1.50 = $89.06

Overtime pay for the workweek = Number of overtime hours * Overtime rate = 10 * $89.06 = $890.60

We can therefore proceed as follows:

(a) Calculate gross pay for the weekly pay period

Gross pay for the weekly pay period = Weekly regular pay + Overtime pay for the workweek = $2,375 + $890.60 = $3,265.60

(b) Determine taxable income used to calculate federal income tax withholding, Social Security, and Medicare tax.

Gross pay = Amount earned to date + Gross pay for the weekly pay period = $109,700 + $3,265.60 = $112,965.60

Contribution to a 403(b) plan = Gross pay * 13% = $14,685.53

Taxable income = Gross pay - Contribution to a 403(b) plan = $112,965.60 - $14,685.53 = $98,280.07

7 0

3 years ago

Which is an example of a mandatory deduction on a pay stub?

Grace [21]

Answer:

Some mandatory payroll tax deductions that employers are required by law to withhold from an employee's paycheck include: Federal income tax withholding. Social Security & Medicare taxes – also known as FICA taxes.

~Its srishty~✿

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2 years ago

The chefs at Lorifusion, a continental restaurant, are given the freedom to try out new ways of presenting their dishes. This he

REY [17]

Answer:

The answer is: A) A creative work environment

Explanation:

Creative working environments usually enable employees to spend time creating different products, being unpredictable, testing different ideas, making mistakes, and innovating.

It's not easy for management to create such working environments, specially when innovation is not linear, is unpredictable and may be inefficient sometimes. But at the long run, innovative companies will tend to dominate their markets.

7 0

3 years ago

Purchased equipment for 56000. the purchase was paid for with cash. there were other costs related to the purchase: transportati

wolverine [178]

Answer:

would capitalize the equipment at $61,500

Explanation:

The capitalized cost of the equipment purchased consists of invoice price of the equipment,transportation costs,sales tax paid as well as costs of installing the equipment .

The capitalized cost is computed as follows:

Cash paid $56,000

Transportation costs $1,600

Sales tax paid $2,300

Installation costs $1,600

total cost $61,500

The rationale for sales tax is that it is recoverable,however the costs of transportation and installation were included because they were incurred in bringing the asset to its current location and condition

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4 years ago