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Reil [10]
3 years ago
8

Martha earned a gross pay of $1,215.60 last week. Using the fact that Social Security tax is 6.2% of gross pay, determine the am

ount of Social security tax deducted from Martha’s gross pay.
Business
1 answer:
azamat3 years ago
4 0

Martha's gross pay $1,215.60

Social Security Tax is 6.2%

To find the total amount Martha pays in social security tax take $1,215.60 and multiply it by .062.

($1,215)(0.062) =

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Explanation:

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Which of the following is NOT a useful strategy when making an informed purchase?
kkurt [141]
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1.4. Discuss the role of the Competition Commission why it cannot deal with the
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The stockholders’ equity section of Pretzer Corporation consists of common stock ($10 par) $2,650,000 and retained earnings $532
CaHeK987 [17]

Answer:

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$2,650,000 $2,915,000

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=$106,000

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8 0
3 years ago
The town of Chester has an economy composed entirely of two equally sized food companies. Both company Q and company R produce p
ExtremeBDS [4]

Answer:

C) abandon the production of jam to fully specialize in the production of peanut butter and then trade with Company Q for jam.

Explanation:

According to different theories about trade specialization, a company or even a country should specialize in producing only those products that they can make better than their competition, i.e. have a comparative or absolute advantage in their production.  

In this case, since Company R has a comparative advantage in the production of peanut butter, it should specialize in producing only that. In case they need jam, they should trade with Company Q in order to get some jam. Eventually Company Q  will only produce jam since they have a comparative advantage in jam production.

8 0
3 years ago
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