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3 years ago

Which of these tax forms reports an employee's yearly Social Security tax withheld? A. W-4 B. W-3 C. W-1 D. W-2

Business

2 answers:

igor_vitrenko [27]3 years ago

4 0

I’m pretty sur it’s W-2

garri49 [273]3 years ago

3 0

Answer:

W-2.

Explanation:

A W-2 form, also known as the Wage and Tax Statement, is a document that is issued by an employer to an employee. It indicates an employee's yearly wages and taxes that are withheld such as Social Security or Medicare. The employer is expected to send the W-2 forms to the employee on or before January 31st each year, so the employee can have enough time to file his or her income taxes.

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Tommy’s Tile Service is planning on purchasing new tile cleaning equipment that will improve their ability to remove tough stain

sergejj [24]

Answer:

1. $132,800

2. $531,200

3. $1,071,200

Explanation:

The break-even point is the level of sales at which the business incur no profit no loss.Fixed and variable costs are covered at this level of sales. Use following formula of break-even to calculate the fixed cost.

Break-even point = Fixed cost / Contribution margin ratio

$487,200 = Fixed cost / 25%

Fixed Cost = $487,200 x 25% = $121,800

Revised Fixed cost = $121,800 + $11,000 = $132,800

New Break-even point = $132,800 / 25% = $531,200

Desired profit = $135,000

Desired revenue = ( Desired profit + Fixed cost ) /Contribution margin ratio = ( $135,000 + 132,800 ) / 25% = 267,800 / 25% = $1,071,200

5 0

3 years ago

When is humor beneficial to a team?

murzikaleks [220]

humor is beneficial to a team because you can use it to lighten up the mood

4 0

2 years ago

Read 2 more answers

Suppose you purchase one share of the stock of Red Devil Corporation at the beginning of year 1 for $42.50. At the end of year 1

kkurt [141]

Answer:

17.76%

Explanation:

The computation of the time-weighted return on your investment is given below

But before that we have to do the following calculations

Year 1 = ($46.50 - $42.50) + 2 ÷ ($42.50) × 100 = 14.12%

Year 2 = ($54.50 - $46.50) + 2 ÷ ($46.50) × 100 = 21.51%

Now the time weighted return is

(1 + t)^2 = (1 + 14.12%) × (1 + 21.51%)

= 1.1412 × 1.2151

= √1.3867 - 1

= 17.76%

8 0

2 years ago

The following lots of a particular commodity were available for sale during the year: Beginning inventory 10 units at $30 First

irakobra [83]

Answer:

Fifo Ending Inventory = $ 690

Explanation:

The first in first out method implies that only the units at the end are left out in the ending inventory.

Fifo Ending Inventory = $ 690

10 units from third purchase at $ 35= $ 350

10 units from second purchase at $ 34= $ 340

Total 20 units FIFo method = $ 690

Working

Total Cost

Beginning inventory 10 units at $30 $ 300

First purchase 25 units at $32 $ 800

Second purchase 30 units at $34 $ 1020

Third purchase 10 units at $35 $ 350

6 0

3 years ago

How can collage benefit me financially and personally

STatiana [176]

College or other advanced education will help you increase your lifetime earning potential by opening up the possibility of higher paying jobs.

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