1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Scorpion4ik [409]
3 years ago
13

Jeff got a part-time job delivering groceries for $15/hour and grossed $8,200

Business
1 answer:
Dima020 [189]3 years ago
7 0

Answer:

Income = $8,200

Less:

Federal tax 10% = -$820

State tax at 5.5% = -$451

FICA at 7.65% = -$627.30

Total deduction = -$1,898.30

Net pay = $6,301.70

You might be interested in
A stock is trading at $58. You believe there is a 70% chance the price of the stock will increase by 10% over the next 3 months.
MAXImum [283]

Answer: $498

Explanation:

A Put is an option that will only be exercised if the price of the underlying security which is the stock in this case, falls below the current price of $58.

This means that we will not include the 70% chance of increase in our calculation.

In a contract, there are 100 shares.

Expected profit = Contract price - (Prob. of dropping by 10% * 10% of stock) - (Prob. of dropping by 20% * 20% of stock)

= 730 - ( 20% * 10% * 58 * 100) - (10% * 20% * 58 * 100)

= 730 - 116 - 116

= $498

3 0
3 years ago
When there few close substitutes available for a​ good, demand tends to be
e-lub [12.9K]
B. relatively inelastic
8 0
3 years ago
Importance of economic growth​
svlad2 [7]

Answer:

Economic growth generates job opportunities and hence stronger demand for labour, the main and often the sole asset of the poor. In turn, increasing employment has been crucial in delivering higher growth.

8 0
1 year ago
The stock of ABD, Inc. has a beta a 1.5 and an expected return of 11.6 percent. The expected return on the market is 11 percent.
GaryK [48]

Answer:

im sorry

Explanation:

8 0
3 years ago
In order for money to work properly, there can be only a certain amount of it in
tino4ka555 [31]
A.limited supply hope that helps
8 0
3 years ago
Other questions:
  • Property rights are
    7·1 answer
  • Which pathway of Human Services work features a significantly higher rate of self-employment than careers in other industries? A
    7·2 answers
  • In a command economy, which group is most responsible for producing the
    15·1 answer
  • The Versatech Corporation has decided to produce three new products. Five branch plants now have excess product capacity. The un
    15·1 answer
  • The manufacturing overhead budget at Foshay Corporation is based on budgeted direct labor-hours. The direct labor budget indicat
    8·1 answer
  • Explain what a trade war is
    11·1 answer
  • 16. Demographics are
    9·1 answer
  • Differences between productive and service orientated profession​
    8·1 answer
  • select all of the statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new
    11·1 answer
  • What do you understand by Ranger?​
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!