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3 years ago

Which of the following is not a payroll tax deduction? federal payroll tax state payroll tax FICA sales tax

Business

1 answer:

Morgarella [4.7K]3 years ago

7 0

Answer: The Correct Answer is Sales tax.

Explanation:

Sales tax is the Tax forced by the government body during the sale of the goods and services at a retail level.

While payroll tax is the tax which is forced on the salary of the employees and this tax is forced by the employer. payroll taxes are directly deducted from the salaries of the employees and directly paid to the internal revenue services by the employer.

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A workbook contains sales information for the first quarter and you are interested in finding the totals sales generated in janu

Juli2301 [7.4K]

The function that is best suited in handling the task that will help you in seeking the information needed such as the total sales generated in January is the SUMIFS. This function will help in summing the values in the cells base on the dates or numbers provided.

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3 years ago

Gamma Company adjusts its accounts at the end of each month. The following information has been assembled in order to prepare th

Tresset [83]

Answer; c. $14,000

Explanation

On December 1, rent had been paid for 3 months. At a rate of $7,000 a month this will come to;

= 7,000 * 3

= $21,000

The Prepaid rent account will reduce every month by the rent due for that month. The balance on the Prepaid account as at December 31 will therefore have reduced by one month from December 1.

= 21,000 - 7,000

= $14,000

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4 years ago

Within the labor movement, the demise of the Knights of Labor led to a shift away from the broadly reformist past to more limite

natita [175]

The given statement is TRUE.

Explanation:

The statements that describe the AFL :

Rather than facing business leaders head on, the AFL has committed itself to seeking fair working practices and higher wages for employers.

In the vocabulary of the corporate community of that period, the latest AFL policies were labeled "financial unionism."

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3 years ago

The purpose of this phase is to provide ongoing assistance for an information system and its users after the system is implement

prisoha [69]

I think the phase that served that purpose would be: <span>the Support and Security Phase

support and security phase is important because customers who unfamiliar with the products tend to face some difficulties in the beginning of their interaction with the production which prevents them to experiencing the maximum value of the product.</span>

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3 years ago

When a bond's yield to maturity is less than the bond's coupon rate, the bond: ____________

Sholpan [36]

Answer:

The answer is (B) The bond is selling at a premium

Explanation:

What does it mean when a bond's YTM is less than its CR?

It means that the value of the bond in the market is higher than its value at par.

YTM and CR are two important factors influencing the purchase of bonds by investors.

YTM is the interest rate accruing to the sale of a bond which is held by the investor until its maturity date. It is measured in points or percentage.

CR is the amount of interest accruing to the owner/buyer of a bond. It is measured per annum.

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3 years ago