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4 years ago

8

While training in a management position, you might expect to earn $24,000 to $28,000 annually. If you pay 6.2% of your income to

ward Social Security and 1.45% toward Medicare, what is the least amount you might pay in FICA tax on your annual income?

1 answer:

djyliett [7]4 years ago

4 0

The Answer Is 1,836

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When using modified accrual accounting, revenues should be recognized when measurable and available to finance expenditures of t

Tanzania [10]

Answer:

False.

Explanation:

The revenue recognition principle states that revenue should be recognized and recorded when it is realized or realizable and when it is earned. In other words, companies shouldn’t wait until revenue is actually collected to record it in their books.

Revenue should be recorded when the business has earned the revenue even it has not been paid by customers to finance expenditures

4 0

4 years ago

Social media sites like StuffDOT are often classified based on two factors; self-disclosure and ________, which is the degree of

Rasek [7]

Answer:

E) media richness

Explanation:

Based on the information provided within the question it can be said that these sites are often classified as self-disclosure and media richness. Media Richness refers to ability that the media has in regards to transmitting the needed information in a fast and efficient manner, in a acoustic, visual, and personal manner between people.

8 0

3 years ago

Coronado Industries uses job order costing for its brand new line of sewing machines. The cost incurred for production during 20

pashok25 [27]

Answer:

Cost per machine = $2,440 per machine

Explanation:

Provided Information

Opening work in process = $23,000

Additions during the month

Direct Materials = $24,000

Direct Labor = $17,000

Manufacturing Overheads = $14,000

Total during the month = $55,000

Closing work in process = $17,000

Cost of manufacturing during the month = Opening + Additions - Closing

= $23,000 + $55,000 - $17,000 = $61,000

Number of machines produced = 25 machines

Cost per machine = $61,000/ 25 = $2,440 per machine

4 0

3 years ago

You are shopping for a new car. You find the perfect vehicle and are now applying for a loan from your local bank. Unfortunately

uranmaximum [27]

The liability faced by the credit agency for its incorrect reporting of your credit history is that your actual damages, plus an additional amount not to exceed $1,000, plus attorney’s fees.

<h3><u>What is liability?</u></h3>

A liability is a debt that a person or business has, typically in the form of money. Through the transmission of economic benefits like money, products, or services, liabilities are eventually satisfied.
Liabilities are items that are listed on the balance sheet's right side and consist of debts including loans, accounts payable, mortgages, deferred income, bonds, warranties, and accumulated expenses.
Assets and liabilities can be compared. Assets are items you own or owe money to; liabilities are things you owe money to or have borrowed.
A liability, in general, is an obligation between two parties that hasn't been fulfilled or paid for.
A financial liability is an obligation in the realm of accounting, but it is more specifically characterized by prior business transactions, events, sales, exchanges of assets, or services.

Under the Fair Credit Reporting Act, your damages are not $5,000 only. It is also not actual damages plus or $3,000 plus the attorney's fees.

Know more about liability with the help of the given link:

brainly.com/question/15006644

#SPJ4

6 0

1 year ago

Gerald took a break while two of his coworkers completed a task that all three of them volunteered for. This shows a lack of ___

Valentin [98]

This shows a lack of responsibility. This is because he has a job to do and he is a just taking a break and being lazy. I don’t know if this is right. But, I hope so. Hope this helped you!!

5 0

4 years ago