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attashe74 [19]
3 years ago
12

An employment contract denies payment of a full month's salary if an employee does not clock in 160 hours of work. This is a(n)

________.
Business
1 answer:
egoroff_w [7]3 years ago
3 0

Answer:

Conditioned subsequent

Explanation:

Conditioned subsequent is refer to legal term or official notice that tends to end something. it is referred to as order that brings the end of ones' right over something. conditioned subsequent is a legal point that mentioned in the agreement.

For the above context, am employment has a right to deny the salary of the employee if a particular employee has done less than 160 hours of work.

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Greger Peterson is a senior manager at a public accounting firm making a base salary of $180,000 a year ($15,000 per month). Emp
evablogger [386]

Answer: The social security tax will be withheld through September.

Explanation:

Social Security maximum base amount = $128,400

social security tax rate = 6.2% = 0.062

Medicare tax = 1.45% = 0.0145

Medicare Tax = no maximum

Base salary = $180,000

Social security tax amount = 0.062 × $128,400 = $7,960.80

Medicare Tax = 0.0145 × $180,000 = $2,610

Social security tax to be withheld = $7,960.80

Social security maximum base amount = $128,400

Monthly salary = $15,000

$128,400 ÷ $15,000 = 8.56

($15,000 × 8) + ($15000×0.56) = $120,000 + $8400

Therefore, the social security tax will be withheld through the ninth month which is between January to September

8 0
4 years ago
Crane Corporation has 2,000 shares of stock outstanding. It redeems 500 shares for $370,000 when it has paid-in capital of $300,
Lera25 [3.4K]

Answer:

E&P $1,200,000 × 25%= $300,000 reduction

Crane Corporation would reduce its E & P in the amount of $300,000 as a result of the redemption.

This represents a 25% decrease in the amount of the E & P corresponding to the 25% stock redemption.

When a stock redemption results in sale or exchange treatment for the shareholder, the E & P account of a corporation is reduced in an amount not in excess of the ratable share of the E & P of the distributing corporation attributable to the stock redeemed.

As such, none of the expense of $13,000 of accounting and legal fees or other is deductible.

4 0
3 years ago
Consulting firms are frequently characterized according to whether their primary skill is strategic planning or tactical analysi
jarptica [38.1K]

Answer:

The correct answer is (A) True.

Explanation:

Increase profitability, adapt to trends, reduce expenses, maximize production, optimize processes, improve positioning, develop the potential of human resources and achieve the long-awaited business success, are some of the advantages offered by consultancies. We could summarize four types of consulting:

1) Strategic consulting

This type of consulting is important to help owners, managers and managers in general, to have the necessary tools to solve their problems and maximize efficiencies, at a general organizational and strategic level.

2) Economic-financial consulting

The economic-financial analysis is present in any important decision that a company must make. This type of consulting helps the entrepreneur to know and analyze their own balance sheets and operating accounts, to make sense of operational decisions. Feasibility studies and investment analysis are also essential in any decision to initiate economic activity, organizational changes, diversification processes, outsourcing of services, international expansion, reduction of operating units, etc.

3) Marketing and marketing consulting

If you do not have your own marketing area, this type of consultancy will be ideal to meet this type of needs. Marketing consulting is an excellent way to give the organization help on the following topics:

4) Specialized consulting

This type of consulting requires experts who are recognized in this field to be able to provide this service.

8 0
4 years ago
On January 8, the end of the first weekly pay period of the year, Regis Company's payroll register showed that its employees ear
gayaneshka [121]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Download xlsx
6 0
4 years ago
Currently, the demand equation for baseball bats is Q = 300 - 5P. The current price is $15 per bat. Is this the best price to ch
11111nata11111 [884]
225 is your answer for Q=300-5p

8 0
4 years ago
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