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ehidna [41]
3 years ago
8

"tom is employed by acme industries and is covered by its group long-term disability plan. the company pays 80 percent of the pr

emium and tom pays 20 percent. if tom becomes disabled and receives $3,000 a month in disability income payments, what amount of this income will be subject to federal income and fica tax?"
Business
1 answer:
Mamont248 [21]3 years ago
8 0
Sorry sorry. I don't know
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What is the difference between a traditional savings account and an online savings account
Rudiy27
In traditional savings account, you can withdraw money whenever you need it without a financial penalty. In online savings account, link to traditional or online checking accounts and you enter your banks routing number and account number on the application. You can also transfer money between linked accounts with online savings. (hope this helps:)
6 0
3 years ago
Sold clothing manufacturing equipment for $31,000. originally purchased the equipment for $95,000, and depreciation through the
Andreas93 [3]

Answer:

Gain= $14,500

Explanation:

<u>First, we need to calculate the book value of the equipment:</u>

Book value= purchase price - accumulated depreciation

Book value= 95,000 - 78,500

Book value= $16,500

<u>If the selling price is higher than the book value, the company made a profit by selling the equipment.</u>

Gain/loss= selling price - book value

Gain/loss= 31,000 - 16,500

Gain= $14,500

7 0
3 years ago
When the supervisor-to-subordinate ratio exceeds manageable span of control, additional Teams, Divisions, Groups, Branches, or S
horsena [70]

Answer:

Modular Organization

Explanation:

One main characteristics of Modular Organization is that the organization is divided into several smaller groups. These smaller groups will be assigned with their own purpose/objectives and collectively the result of their works will be combined to achieve the goal of the organizations.

Example of this would be when car manufacturer divided its workers into several groups that focus on producing one specific part of the car (the wheel groups, the painting groups, the seat groups, the machine groups, etc)

So, when an entity consist of several teams, divisions, groups, branches, etc , we can say that the business adopt modular organization characteristics.

8 0
3 years ago
Read 2 more answers
You have a ​$109 comma 000 portfolio comprising 10 stocks. You trade each stock five times this year and each time you​ trade, y
motikmotik

Answer:

Return will be 1.3 % lower

Explanation:

We have given that you have a $109000 portfolio which contain 10 stocks

So number of stocks = 10

Number of times traded each stock = 5

Commission and spread pay = $30

So total expenditure = number of stocks ×  number of times × commission and spread per trade = 10×5×30 = $1500

So in percentage =\frac{1500}{109000}=0.013=1.3 %

So return will be 1.3 % lower    

7 0
3 years ago
Golden Apple, Inc., based in Washington, exports products to a French firm and will receive payment of €200,000 in three months.
Anvisha [2.4K]

Answer:

$220.000

Explanation:

On June 1, Golden Apple negotiated a forward contract with a bank to sell the €200.000 in three months at a rate of $1,10. On september 1, the rate is 1,15 but as there was a previous contract signed, the rate is $1,10 taking into account that this type of contracts determine the rate of interest that will be paid on a future date.

6 0
3 years ago
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