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sergij07 [2.7K]
3 years ago
15

At your job you make $10.75 an hour, you worked for 78 hours the last biweekly pay period. You pay 13% in Federal Income taxes a

nd 3% in State Income taxes. You also have a total of $85.75 in other deductions taken out of your gross pay.
a. What is your gross pay for the pay period?
b. What is your total state and federal tax in dollars?
c. What is your net take home pay?
d. Explain your reasoning for solving the problem the way you did.
PLEASE HELP ME ANSWER A-D I NEED HELP
Business
2 answers:
yKpoI14uk [10]3 years ago
6 0

Answer:

a- $ 838.50

b-$134.16

c- $618.59

d- see below

Explanation:

a- $10.75 X 78 hours = $v838.5

b- $ 838.5 X 16% = $ 134.16

c - $ 838.5 - federal and state income tax $ 134.16 - other ded $ 85.75 = 618.59

m_a_m_a [10]3 years ago
4 0

Answer:

a) $838.5

b) $134.16

c) $618.59

Explanation:

a) gross pay is before taxes

78 × 10.75

= 838.5

b) taxes: (13 + 3 = 16%)

16% of 838.5

16/100 × 838.5

= $134.16

c) net is after all deductions

838.5 - 134.16 - 85.75

= 618.59

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Answer: how a job’s pay rate in one company compares to the job’s pay rate in other companies

Explanation: External equity refers to the situation when a company's pay rate differs from the market's pay rate to the employees of the organisation. It is also termed as matching strategy.

It is considered as a major factor in employing and retaining sufficient employees in the organisation. Therefore, lesser the external equity the better it is.

From the above explanation we can conclude that the correct option is A.

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3 years ago
Included in the statement of stockholders' equity are a.assets, income, and expenses. b.assets, liabilities, and stockholders' e
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Answer:

D.net income (loss), common stock, and dividends

Explanation:

Stockholder´s equity statement: It is a financial statement that shows all the changes in the value of stockholder´s equity in a particular period of time. It includes comprehensive income, unlike the income statement. It helps in knowing the position of equity.

Statement of shareholder´s equity include the following components:

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These three component affect the following item in the statement:

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4 0
3 years ago
A firm's cost of equity is 22%. Its before-tax cost of debt is 13% and its marginal tax rate is 21%. The firm's capital structur
alisha [4.7K]

Answer:

WACC= 17.95%

Explanation:

Weighted average cost of capital is the average cost of all of the long-term types of finance used by a company weighted according to the that amount of finance used in relation to the total pool of fund.

It is calculated using the formula below:

WACC = (We×Ke)  +  (Wd×Kd)

Ke-cost of equity- 22%

We- equity weight- 100% - 45% = 55%

Kd-After tax cost of debt-10.3%

Wd- 45%

After tax cost of debt = Before tax ×× (1- tax rate)

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WACC =(0.55× 22%) + (0.45× 13%)=17.95%

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4 0
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Unions contribute to Select one: a. frictional unemployment but not the natural rate of unemployment. b. the natural rate of une
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Answer:

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Explanation:

Natural unemployment is defined as the lowest rate of unemployment an economy will reach. It is called natural because its causes are other than an adverse economy. Natural unemployment is a combination of <em>frictional unemployment</em> -employment transitions, <em>structural unemployment</em> -mismatch between abilities and current position, and <em>labor surplus</em>.

Unions are groups of individuals who join to set minimum standards at work in regards to wages, compensations, and conditions. <em>Union members are, by default, always available to join the workforce even if there is work to be done or not. Sometimes, union members are assigned duties their abilities outperform just to avoid having the member unemployed. These are the reasons why unions are said to contribute to natural unemployment.</em>

5 0
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nadezda [96]

Answer:

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5 0
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