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3 years ago

Social security and medicare are?

Business

1 answer:

mart [117]3 years ago

3 0

Answer:

I believe it is progressive taxes.

Explanation:

Taxes under the Federal Insurance Contributions Act (FICA) are composed of the old-age, survivors, and disability insurance taxes, also known as social security taxes, and the hospital insurance tax, also known as Medicare taxes.

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Lok Co. reports net sales of $5,856,480 for 2016 and $8,679,690 for 2017. End-of-year balances for total assets are 2015, $1,686

mart [117]

Answer:

2016 = $3.36

2017 = $4.59

Explanation:

The solution of total assets turnover is shown below:-

Particulars 2016 2017

Total assets in the beginning $1,686,000 $1,800,000

Total assets at the end $1,800,000 $1,982,000

Average assets $1,743,000 $1,891,000

(Assets in the beginning + Assets at end) ÷ 2

Sales revenue $5,856,480 $8,679,690

Total assets turnover $3.36 $4.59

(Sales revenue ÷ Average Total assets)

4 0

3 years ago

Which one of the following is NOT likely to be a result of deflation? Question 1 options: Menu costs will increase People will b

suter [353]

Answer:

Wealth will be redistributed from creditors to debtors

Explanation:

Deflation refers to the general fall in the price level of goods and services when rate of inflation becomes lesser than 0%.

Due to the fall in the price level, goods and services become cheaper, credit providers reduce the quantum of credit provided.

Fall in the prices leads to lower expenditure by the purchasers owing to lower level of confidence and such buyers delay their purchases.

Deflation increases the purchasing power of consumers since at the same level of income, buyers can now buy more compared to previously.

Hence, those who earn fixed pension observe an increase in the value of such pension.

8 0

2 years ago

Describe the types of information employees at an apple store require and compare it to the types of information the executives

labwork [276]

Both must be familiar with the new and old products as well as updates and quick fixes. However those in corporate are in charge of developing new products and keeping the older ones updated.

5 0

3 years ago

Your plant produces 100 snowmobiles per month. Direct costs are $2,000 per snowmobile. Monthly overhead is $90,000. What is the

fenix001 [56]

Answer:

$2,900

Explanation:

If we use a cost function, it will be easy to understand. Cost function = (variable cost per unit × quantity) + fixed cost.

Here,

Direct cost per snowmobile = $2,000. It is the variable cost.

Overhead cost = $90,000. It is a fixed cost.

Total snowmobiles = 100 units

Total cost = ($2,000 × 100 snowmobiles) + $90,000

Total cost = $290,000

We know,

Average cost per snowmobile = Total cost ÷ total quantity

Average cost per snowmobile = $290,000 ÷ 100

Average cost per snowmobile = $2,900

7 0

2 years ago

President Obama addressing the recent graduates in a commencement exercise is an example of a(n) _____________ speech

olya-2409 [2.1K]

The answer is ethics, I believe.

5 0

3 years ago

Read 2 more answers