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3 years ago

Give two examples of mandatory payroll deductions

Business

1 answer:

LuckyWell [14K]3 years ago

3 0

Answer:

Payroll deductions include: Payroll tax withholdings such as fedral, state, and local income taxes, social security taxes, unemployment taxes; Voluntary deductions such as contributions to a pension plan, premium for group life.

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Last month a company had net sales revenues of $10,000; Cost of goods sold of $4,000; other operating expenses of $3,000; non-op

Pie

Answer:

The correct answer is B. 6.000

Explanation:

Gross profit only includes Sales Revenues and cost of goods sold. So you have to ignore all others. In this case the solution is given for Sales Revenues 10.000 - cost of goods sold 4.000 = Gross profit 6.000. Hope it helps

6 0

3 years ago

Spurling et al. investigated the effects of two vocabulary learning strategies on word retention two weeks later. in this exampl

oee [108]

Learning strategy is the independent variable and word retention is the dependent variable.

A dependent variable is the thing that is being measured or tested by changes in the independent variable. Spurling wanted to test how word retention depended on different learning strategies.

7 0

2 years ago

Read 2 more answers

Several factors affect a firm’s need for external funds. Evaluate the effect of each following factor and place a check next to

Studentka2010 [4]

Answer:

The firm increases its dividend payout ratio.

This will increase the need for external funds because with more funds going towards dividends, there will be less funds available to fund operations. The company will therefore be more probable of being in need of Additional funds.

The firm’s inventory turnover decreases, with no effect on the sales forecast.

If the firm's inventory turnover increases, it means that the firm is taking longer to sell off inventory. This will mean that the company will have to invest more in working capital to maintain these inventory levels. This will lead to a higher probability of them needing additional funds.

2. Yes, dividends still affect a firm’s AFN even though they are paid out of after-tax earnings.

Even though they are paid after-tax, they still eat into the funds that the business can be able to set aside to fund operations. So when dividends are paid, the need for AFN increases as well.

5 0

3 years ago

At the equilibrium level of income in the Keynesian model, which of the following statements is nottrue?

ZanzabumX [31]

Answer:

c. There are more unemployed resources.

Explanation:

Equilibrium level of income is the level of income where aggregate supply in the economy is consistent with aggregate demand. that is the level of income planned savings is equal to planned expenditure. the equation can be written as S = I. where S = savings and I = investments

At equilibrium income level, aggregate expenditure is equal to aggregate output. The equilibrium equation can be written as Y = C+I+G+X-M where

Y = national income, I = investment expenditure of the firm, G = government expenditure on goods and services, X = export, M = import.

7 0

3 years ago

Problem 8-15 Comparing Investment Criteria [LO 1, 3, 4, 6] Consider the following two mutually exclusive projects: Year Cash Flo

stiks02 [169]

Answer:

Payback period (A) is 3.44 years

Payback period (B) is 2.39 years

Explanation:

Cash Flow (A) –$428,000; $42,500; $63,500; $80,500; $543,000

Cash Flow (B) –$41,500; $20,700; $13,000; $20,100; $16,900

The payback period will note consider discounting rate, thus we do manual counting till the cash flow equal to zero (0)

Payback period = Number of Years immediately preceding year of break-even + (investment - cashflow of Years immediately preceding year of break-even)/ cashflow of year break- even

Project A will be break even in Year 4, then

Payback period (A) = 3 years + ($428,000 - ($42,500+$63,500+$80,500))/ $543,000 = 3.44 years

Project B will be break even in Year 3, then

Payback period (B) = 2 years + ($41,500 - ($20,700+$13,000))/$20,100 = 3.44 years = 2.39 years

8 0

3 years ago