Answer:
1)
![\left[\begin{array}{cccccc}$department&$salaries&OASDI&HI&SUTA&FUTA\\$office&22,760&1,411.12&341.4&280&42\\$sales&65,840&4,082.08&987.6&280&42\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccccc%7D%24department%26%24salaries%26OASDI%26HI%26SUTA%26FUTA%5C%5C%24office%2622%2C760%261%2C411.12%26341.4%26280%2642%5C%5C%24sales%2665%2C840%264%2C082.08%26987.6%26280%2642%5C%5C%5Cend%7Barray%7D%5Cright%5D)
2) payroll expense entries:
payroll expense 2063.14
Medicare payable 330.02
Social Security payable 1411.12
SUTA 280
FUTA 42
--------------------------------------------
payroll expense 5358.76
Medicare payable 954.68
Social Security payable 4082.08
SUTA 280
FUTA 42
Explanation:
We apply for each department the tax rate. Notice SUTA and FUTA have a ceilling of 7,000 so we do not apply the rate to the whole amoung but, for the 7,000 ceiling.
Answer:
GDP is not affected by Pete's production of the jewelry box.
Explanation:
Pete is a woodworker and works 20 hours to prepare a jewelry box to gift his wife. If Pete prepares this jewelry box to sell and earn revenue, this will be considered in GDP but in this case Pete prepares a jewelry box to give his wife as his wife's birthday gift.
All types of gifts received or given in kind are not included in Gross Domestic Production.
Answer:
D
Explanation:
hope it helps to your question
Answer:
$2.8 divdends per share
Explanation:
$56 market price
Rate of return 10%
The gain for an investment in stocks is:
In this case we are told that this is distribute evenly, this means:
dividends paid = market price gain
So dividends yield 5% and market price yields another 5% to achieve the 10%
So currently $56 market price x 0.05% = $2.8 divdends per share
