$2,134.62.
There are approximately 52 weeks in a given year, meaning that there are 52/2, or 26, biweekly pay periods. Therefore, we divide the annual salary of $55,500 by 26 biweekly pay periods to get $2,134.62 for the biweekly paycheck.
The formula is the annual amount divided by the number of periods. Here, there are 26 periods of biweekly (once every two weeks) paychecks.
Answer:
ASSURANCE should go in the blank.
Answer:
d. $9,000; $9,000
Explanation:
As cash received on January 1 in advance to provide service in one year which is completed on December 31. So all the Unearned revenue is recognized because service for 12 month has been performed so whole amount will be reported in Income statement for the year ended December 31. Only cash received is from the service revenue activity so, it is also reported as $9,000. correct option is d. $9,000; $9,000.
Answer:
The correct answer is A) $2.800
Explanation:
Using the straight-line method to depreciate, the calculation to find the depreciation tax shield is the following:
- Finding the depreciable cost:
- Finding the depreciation per year:
- Finally, the depreciation tax shield for 2018:
