Answer:
Total salary expense in week 1 = $440 x 150 = $66,000
Total deductions due to taxes = $121.66 x 150 = $18,249
Actual direct deposit of payroll in week is $66,000 minus $18,249 = $47,751
Explanation:
Number of employees = 150
Hourly wage = $11
Weekly hours worked = 40 hours
Weekly wage = 40 x 11 = $440 per employee
Taxes deduction:
Federal - 15% of gross earnings = $66
State - 5% of gross earnings = $22
FICA - 7.65% of first #128,400 = $33.66
Total deductions = $121.66
Net Earnings = $318.34
Answer:
It will take 1 year and 307 days to cover the initial investment.
Explanation:
Giving the following information:
Initial investment= $6,900
Cash flows:
Cf1= $4,200
Cf2= $5,100
Cf3= $6,300
Cf4= $5,500
Discount rate= 15%
<u>The payback period is the time required to cover the initial investment. We need to discount each cash flow.</u>
<u></u>
Year 1= 4,200/1.15 - 6,900= -3,247.83
Year 2= 5,100/1.15^2 - 3,247.83= 608.50
<u>To be more accurate:</u>
(3,247.83 / 3,856.33)*365= 307 days
It will take 1 year and 307 days to cover the initial investment.
Answer:
&10
Explanation:
This is a case of simple interest.
It gotten as Interest= Prt
Where:
P=principal
r=rate
t=time
Therefore
$500×2%×1= 10
Answer:
D. outsourcing
Explanation:
Outsourcing -
It is the method in a business to hire people from any other company in order to perform a particular task , is known as outsourcing .
The practice of outsourcing have the objective , in order to increase the efficiency of the company or to accomplish any goal with in a very short period of time .
Hence , from the question ,
The Aluminium company Alumplus , outsource people from out side its company to produce the products .
Answer:
3. Supply of flour to increase.
Explanation:
The situation above is showing a<em> direct proportional relationship</em> between the "wheat," as a main ingredient of flour, and the flour itself.
If the price of wheat <em>decreases</em>, <u>suppliers will be interested in buying more of it in order to produce more quantities of flour at a </u><em><u>lower cost </u></em>because it will more likely lead to a<em><u> higher profit</u></em>. This will, therefore, increase the supply of flour in the market.