Answer:
c. FICA taxes
Explanation:
The FICA taxes are the taxes that contributed in the federal insurance and the same is deducted from the income also the benefits would also received in this. The benefits could be in terms of social security, medicare, retirement benefits
Therefore as per the given options, the option C is to be selected
Hence, all the other options would be ignored
Answer:
1. 10 Oct 2018 Inventory $59500 Dr
Accounts Payable $59500 Cr
2. 13 Oct 2018 Accounts Payable $1700 Dr
Inventory $1700 Cr
Explanation:
1. The Textbook store is purchasing the books at $17 per book and in total 3500 books are purchased on credit. So, we debit the inventory account by 59500 (3500 * 17) and credit the Accounts Payable by 59500.
2. This transaction relates to Purchases return which in this case is our inventory of books. Textbook store will record this transaction in its books by debiting the Accounts Payable account by the value of the books returned 1700 (170* 100) and credit its inventory by 1700. The last line pertains to total estimation of sales returns by Piranha so we do not need to consider that while preparing transactions in Textbook store's books.
Answer:
The correct answer is True.
Explanation:
As mentioned, it is necessary to know that the employee who enters a new company does so under a series of basic skills and knowledge that must be improved and increased over time, so a system based on knowledge and skills must recognize the effort of workers to specialize in their tasks effectively, performing their duties in a committed, fast and quality manner.
Answer:
Instructions are listed below
Explanation:
Giving the following information:
The company sells a product for $ 45 per unit.
Variable costs are $ 35 per unit.
Fixed costs are $ 2300 per month.
The company expects to sell 560 units in September.
A) contribution margin per unit= selling price - variable costs
contribution margin per unit= 45 - 35= $10
B) Total contribution margin= contribution margin*units sold= 10*560= $5600
C) contribution margin ratio= contribution margin/ selling price= 10/45= 0.2222