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Vlad1618 [11]
4 years ago
12

Ava has net earnings from​ self-employment of​ $125,000. She also earned salary of​ $170,000 from a job held earlier in the year

. How much Additional Medicare Tax will be owed on the​ self-employment income?
Business
1 answer:
pishuonlain [190]4 years ago
4 0

Answer:

The correct answer is $3,625.

Explanation:

According to the scenario, the given data are as follows:

Self earning = $125,000

Salary income = $170,000

AS we know that, Medicare tax percent = 2.9%

So, we can calculate the medicare tax that will be owed on self employment income by using following formula:

Medicare tax owed = Self earning  × medicare Tax percent

= $125,000 × 2.9%

= $3,625

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A company using the perpetual inventory system purchased inventory worth $ 22 comma 000 on account with terms of 2​/10, ​n/30. D
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Answer:

Discount = $420

Explanation:

Inventory purchased = $22000

Defective inventory = $ 1000

to find out

amount of the purchase discount that would be available to the company is​

solution

we know Inventory purchased = $22000

and return is $1000

so Net Purchases = $22000  - $1000

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so

discount claim for $21000  is 2%

Discount = 2% of $21000

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Papessa [141]

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Which of the following form of written communication is used with a projector and shared in a large group?
Arada [10]

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Shipping manifest and invoice are the best written document to be shown in a project in the context of examples to be displayed to an audience. A presentation script, option (C), contains what the presenter wants to say and is not suitable to be presented through the projector. Option (A) is too confidential to be shown to a large audience. Option (D) is incorrect since a handwritten message would not be suitable to be shown through a projector because people might have problems in reading it.  

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