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3 years ago

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Mary martin earns a gross salary of $2,000 per month. state unemployment insurance of $90 is withheld from each of her monthly c

hecks. what percent of gross earnings is state unemployment insurance? 2.2% 4.5% 22.2% 45%

1 answer:

kolbaska11 [484]3 years ago

4 0

To figure out the percent being withheld, take the $90.00 of unemployment being withheld and divide it by $2000. The answer is 4.5%.

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A government deficit has decreased from 100 to 60. The country's trade deficit is 120 and private savings equal 80 and investmen

charle [14.2K]

Answer:

40

Explanation:

According to Ricardian theory, any change in budgets deficits or surpluses should be completely offset by an equal change in private savings.

In this case, the original amount of private savings was 80, but since the budget deficit decreased by 40, then the private saving should also decrease by 40. The total private saving = 80 - 40 = 40

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3 years ago

On a linear demand curve, if the price is low and the quantity demanded is high, demand is _____ in that region and a price incr

kirill [66]

On a linear demand curve, if the price is low and the quantity demanded is high, demand is Inelastic in that region and a price increase will cause an increase in total revenue

Revenue in accounting refers to the entire amount of money made through the sale of products and services that are essential to the company's core operations. [1] The term "commercial revenue" can also refer to sales or turnover. Some businesses make money from royalties, interest, or other fees. [2] The term "revenue" can mean income in general or the total amount of money earned over a certain time period, as in "Last year, Company X had revenue of $42 million." The general definition of profits or net income is total revenue less total expenses for a specific time period. Revenue is a component of the Equity section of the balance sheet in accounting, and revenue raises equity.

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1 year ago

term fixed price contract to build an office tower for $10,000,000. In the first year of the contract Tullis incurs $3,000,000

almond37 [142]

Answer: $750,000

Explanation:

Given that,

Fixed price contract = $10,000,000

Cost incurred in the first year = $3,000,000

Remaining costs to complete = $5,000,000

Tullis billed = $4,000,000 in year 1

Collected by the end of the year = $3,500,000

Percentage of work completed = $\frac{Expenditures\ Incurred\ from\ Inception\ to\ Date}{Total\ Estimated\ Costs\ for\ the\ Contract}$

= $\frac{3}{8} \times 100percent$

= 37.5%

Revenue recognized = 37.5% of $10,000,000

= $3,750,000

Income recognized = Revenue recognized - Cost incurred in the first year

= $3,750,000 - $3,000,000

= $750,000

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3 years ago

What are the limitations of gdp and gnp

shutvik [7]

The limitations of GDP. GDP is a useful indicator of a nation's economic performance, and it is the most commonly used measure of well-being. However, it has some important limitations, including: The exclusion of non-market transactions.

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Star workers and star athletes share a high need for ______________.

djverab [1.8K]

Star Workers and Star Athletes share a high need for achievement.

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3 years ago