The amount she keeps is called her gross pay.The promised salary is typically stated as the gross pay in job advertisements. This amount, which does not include any immediate or long-term incentives or bonuses, is sometimes referred to as your base salary.
<h3>Is a salary net or gross?</h3>
- The promised salary is typically stated as the gross pay in job advertisements. This amount, which does not include any immediate or long-term incentives or bonuses, is sometimes referred to as your base salary. Your net pay is what's left over after taxes and other withholdings have been deducted from your gross compensation.
- Before taxes, benefits, and other payroll deductions are taken out of an employee's paycheck, that amount is known as their gross pay. Net pay, often known as take-home pay, is the amount that is left after all withholdings have been taken into account.
- The promised salary is typically stated as the gross income in job advertisements. This amount, which does not include any immediate or long-term incentives or bonuses, is sometimes referred to as your base salary.
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$12500000
external equity is needed
<u>Explanation:</u>
The given data:
Production capacity to be maintained : 45%, investment = $20 million, debt level to be maintained = 35%, dividend distributing = 55%, net income = $5 million
<u>INVESTMENT IN PLANT MACHINARY
</u>
= $20000000
<u>NET INCOME OF YEAR 2018</u> = $5000000
<u>RETAINED EARNNING AFTER DIVIDEND
</u>
= $2250000
<u>DEBT FINANCING
</u>
= $5250000
<u>EXTERNAL EQUITY NEEDED
</u>
= TOTAL INVESTMENT - DEBT FINANCING - RETAINED EARNNINGS
= $12500000
Typical wait time is 3 months
Answer:
05 Dec Debit salary 650 credit bank 650
if the 30 Nov sales are paid then
Debit wages payable 260 Credit bank 260
Explanation:
to get a day's wage we take 26 /2 = 130
the five days = 130*5 = 650
Answer:
Increase in assets of $8,000 and an increase in liabilities $8,000
Explanation:
The effect of the transaction is shown below with the help of the accounting equation
Liabilities + Owner equity = Assets
$8,000 + 0 = $8,000
($10,000 - $2,000)
Therefore from the above calculation, we can see that there is an increase in assets also there will be an increase in liabilities but no effect on stockholder equity
