Answer is
0.8(2x-6)
Step-by-step explanation:
0.8x2x=1.6x
0.8x-6 = -4.8
<h3>
Answer: 1034.44 dollars</h3>
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Work Shown:
A = P*(1+r/n)^(n*t)
A = 1000*(1+0.0085/1)^(1*4)
A = 1034.43596172007
A = 1034.44
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Notes:
- P = 1000 is the deposit or principal
- r = 0.0085 is the decimal form of the annual interest rate of 0.85%; we can say 0.85% = 0.85/100 = 0.0085
- n = 1 represents how many times per year we're compounding the money (ie annually)
- t = 4 = number of years
- The result of 1034.44 dollars is only possible if you do not withdraw any of the money in the four year time period.
<span>Given:
Net profit before tax = $208,000
Total equity = $500,000
Total assets = $330,000
Total liabilities = $150,000
Current assets = $64,000
Current liabilities= $45,000
Return on Equity = Net Income / Shareholder's equity = 208,000 / 500,000 = 0.416 or 41.6%.
Return on Assets = Net Income / Total Assets = 208,000 / 330,000 = 0.63 or 63%
Debt ratio = Total Liabilities / Total Assets = 150,000 / 330,000 = 0.4545 or 45.45%
Debt to equity ratio = Total liabilities / Total Equity = 150,000 / 500,000 = 0.30 or 30%
Current ratio = Current Assets / Current Liabilities = 64,000 / 45,000 = 1.42</span>
Answer:
Gary earned a gross pay of $1,047.30 last week. Using the fact that Social Security tax is 6.2% of gross pay, determine the amount of Social Security tax deducted from Gary's gross pay.
a.
$6.49
Step-by-step explanation:
