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Reil [10]
2 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:
azamat2 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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Nancy just graduated with her B.A. in marketing. Her long-term goal is to run a social media department for a large company. She
den301095 [7]

Answer:

b. Yes, because she will build social media skills.

Explanation:

In this scenario Nancy's long term goal is to manage a social media department of a large company. She now hot an internship as a social media assistant in a small company.

The internship that she is undertaking bin the short run is relevant to the her long term career goal of managing a social media department in a large firm.

So this is a stepping stone in achieving her long term goal.

In the future when a social media opening comes up she will have the relevant experience to perform in this role.

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Leslie has developed a new kind of running shoe, and now she is trying to decide where to sell it. Which of the 4Ps of marketing
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___________ attempts to increase task efficiency by breaking down jobs into simple steps and assigning people to each of those s
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Answer:

A) Job simplification.

Explanation:

Job simplification makes it easy to complete the whole task by dividing it into small steps. Basically this can improve productivity and efficiency.

For instance: A whole task was done by a single employee and it took him a day to complete it, through Job simplification task would be divided into steps and those sub tasks would be assigned to different employee's with a deadline to complete it in 6 hours, much less than the formal employee took.

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A free rider is a(n) Group of answer choices interest group that files an amicus curiae brief. person who enjoys the benefits of
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Answer: Person who enjoys the benefits of a collective good, action, or service without any effort on their part.

Explanation:

In Economics, Free riders are people who benefit from resources and/or goods that are communal in nature and yet either do not pay or pay an insubordinate amount for enjoying same. Essentially they enjoy the benefits of a collective good without any effort on their part.

As a result, the good might become overused and degraded as it is not being maintained enough.

3 0
3 years ago
Sanders Corporation issued $ 470,000 of 9​%, ​10-year bonds payable at a price of 91. The market interest rate at the date of is
enyata [817]

Answer:

D. Date Accounts and Explanation Debit Credit Interest Expense 21,385 Discount on Bonds Payable 235 Cash 21,150

Explanation:

The journal entry is shown below:

Interest expense $21,385

     To Discount on bond payable $235

     To Cash $21,150

(Being the interest expense is recorded)

The computation is given below:

The interest expense is

=  $470,000 ÷ 100 × 91 × 10% ÷ 12 months × 6 months  

= $21,385

The cash is

= $470,000 × 9% ÷ 12 months × 6 months  

= $21,150

And, the remaining balance is credited to discount on note payable

We simply debited the interest expense as it increased the expenses and credited the cash as it reduced the assets plus the remaining amount is credited to discount on bond payable

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