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Luden [163]
3 years ago
13

What is the difference between gross pay and net pay?

Business
1 answer:
Kazeer [188]3 years ago
5 0
The difference is the amount that is taken out of the wages for taxes,benefits and other voluntary deductions 
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1. Think about the phrase "a financially secure retirement." In two to three sentences, describe what a financially secure retir
miss Akunina [59]

Answer: Having peace of mind

Explanation:

Financial security retirement plan consist of the following;

Making savings automagical.

Control your impulse spending.

Evaluate your expenses, and live frugally.

Invest in your future.

7 0
3 years ago
Mandy Feng employs Jay Johnson at a salary of $35,000 a year. Feng is subject to employer Social Security taxes at a rate of 6.2
Elden [556K]

Answer: $38,097.50

Explanation:

Mandy Feng has to pay Johnson $35,000 for the year as well as various taxes. Adding all of these up is the total cost of hiring Johnson to Mandy Feng.

Calculating therefore we have,

= Salary + Social Security Taxes + Medicare Taxes + SUTA Tax + FUTA Tax

Remember, it is stated that FUTA and SUTA are applicable to only the first $7,000 of Johnson's pay.

= 35,000 + (6.2% * 35,000) + (1.45% * 35,000) + ( 5.4% * 7,000) + ( 0.6% * 7,000)

= 35,000 + 2,170 + 507.50 + 378 + $42

= $38,097.50

The total cost to Feng of employing Johnson for the year is $38,097.50

7 0
3 years ago
Some economists say that economic growth involves a​ trade-off between current generations and future generations. If a current
Zielflug [23.3K]

Answer:

Current consumption .

More output & More capital.

Explanation:

Economic growth is the increase in the productive base of a country within a period of time. It can also be seen as the increase in the production of goods and services produced by a country within a period of time, it is simply increase in the gross domestic product (GDP)

Savings is that part of disposable income that is not consumed. That is, that part of income that is not spent on current consumption is what we called savings, the simple equation is:

S = Yd - C

Where: S = Savings, Yd = Disposable income and C = Consumption.  

When the current generation raises its savings rate, it sacrifices current consumption which is alternative forgone or opportunity cost of savings.

The gain for future generation is the accumulation of capital that will be available to them to produce more goods and services.

6 0
3 years ago
Why do you think that luxury brands are particularly interested in investing in social media influencers?.
cestrela7 [59]

Answer:

I think they are interested because partially social media influencers have a younger audience so when they see their "idol" promoting such and such there more like to want it, Also  They can lend luxury brands a voice of authenticity and have the potential to produce original brand materials.

Explanation:

Because everyone thinks they can have it because an influencer got one

        Hope this helps :)

7 0
3 years ago
Roles of organizational structure in an organization
scoray [572]

Answer:

The role of organizational structure is to help make clear who answers to whom and where they fit in the chain of command

6 0
3 years ago
Read 2 more answers
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