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Ksivusya [100]
2 years ago
12

​Brad's gross pay for the month is $ 6 comma 400. His deduction for federal income tax is based on a rate of 22​%. He has no vol

untary deductions. His yearminustominusdate pay is under the limit for OASDI. What is​ Brad's net​ pay? (Assume a FICAlong dashOASDI Tax of 6.2​% and FICAlong dashMedicare Tax of 1.45​%. Do not round any intermediate​ calculations, and round your final answer to the nearest​ dollar.)
Business
2 answers:
Mrrafil [7]2 years ago
5 0

Answer:

$4,502.40

Explanation:

Brad's net pay equals:

gross  pay                                          $6,400.00

-federal income taxes 22%              ($1,408.00)

-Social security (OASDI) 6.2%            ($396.80)

<u>-Medicare (Fed Med/EE) 1.45%            ($92.80)  </u>

net pay*                                              $4,502.40

FICA taxes include both social security (OASDI) and medicare taxes (Fed Med/EE).

*Generally state taxes and health care premiums are also deducted, but they were not included in this question.

Lera25 [3.4K]2 years ago
3 0

Answer:

$4,502

Explanation:

​Brad's gross pay for the month is $6,400. His deduction for federal income tax is based on a rate of 22​%.

Brad's net​ pay if we assume a FICAlong - OASDI Tax of 6.2​% and FICAlong -Medicare Tax of 1.45​%. will be:

His gross pay for the month less all the statutory deductions

$6400 - [(0.22 x 6400) + (0.062 x 6400) + (0.0145 x 6400)] = $4,502

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A company has sales of $752,800 and cost of goods sold of $301,800. its gross profit equals:
Elena-2011 [213]
Revenue = $752,800
Cost of goods sold = $301,800

To solve for the gross profit:
Gross profit = revenue - cost of goods sold
Gross profit = $752,800 - $301,800
Gross profit = $451,000

The gross profit shows the profits a company has after taking their costs to make the product and subtract them from the sales they had. 
7 0
3 years ago
Show all your steps and reasoning.
Sindrei [870]

Answer:

The following are the solution to the given question:

Explanation:

In option a:

The Mandovi's absolute benefit in this issue is that so many ratios are produced and transform because less power is spent than Ducennia (50 -100 compounds to 150 -200).

In option b:

\left\begin{array}{ccc} \text{ O.C}&\text{Per.Ratid}&\text{Per Tauron} \\\text{Mandovia}&\text{0.5\ Tauron}&2 \ Rotid\\\text{Ducennia}&\text{ 0.75\ Tauron}& 1.33 \ Rotid \end{array}\right

In option c:

\left \begin{array}{cccc}1& \text Rotids  \ ou tput} &\text  Taurous \  ou tput}\\ \text{Mandovia }& 10 \ M&5 M\\\text{Ducennia}& 6.7 \ M&5 M \\\text{Total}& 16.7 \ M&10 M\end{array}\right

There are a total of 1 billion labours are available for the equally divided for 0.5 billion and 0.5 billion  for both and the Rotiods is\frac{0.5}{50} = 0.01 \ \ billion

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5 0
3 years ago
Which of the following statements is/are true? Check all that apply. Check all that apply.
kipiarov [429]

Answer:

The following statements are true:

c. A potential energy function can be specified for a conservative force.

e.A conservative force permits a two-way conversion between kinetic and potential energies.

f. The work done by a non-conservative force depends on the path taken.

Explanation:

  • The statement a is incorrect as the work done by a conservative force does not depend upon the the path taken instead work done by a non- conservative force depend upon the path taken.
  • The statement b is incorrect as the potential energy function can not be specified for a non-conservative force but it is specified for a conservative force.
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2 years ago
Suppose a wealthy French citizen buys $2 million worth of stock issued by an American corporation. The American firm uses the pr
Aleks04 [339]

Answer: 1. Portfolio

2. • Protecting property rights and enforce contracts.

• Providing tax breaks and patents for firms that pursue research and development in health and sciences.

3. All of the above

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1. Since the wealthy French citizen buys $2 million worth of stock issued by an American corporation and the American firm uses the proceeds for a factory expansion, then this is considered to be an example of foreign portfolio investment in the United States.

2. The policies that are consistent with the goal of increasing productivity and growth in developing countries include:

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• Providing tax breaks and patents for firms that pursue research and development in health and sciences.

3. The possible outcomes of rapid population growth include a reduction in the human capital per worker, a reduction in capital per worker and an increase in technological knowledge. Therefore, the answer is all of the above.

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erkins Company uses the weighted-average method in its process costing system. The company sold 250,000 units during the current
Svetllana [295]

Answer:

Explanation:

The equivalent units of production for conversion costs were:

Ending Inventories:

Work in Process - Eqvivalent units (16000*75%) = 12,000

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322,000

Less:

Beginning Inventories:

Work in Process - Eqvivalent units = 0

Finished Goods = 75,000

Equivalent Units of Production = 247,000

3 0
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