Answer:
$7,450
Explanation:
The computation of Salaries Payable is shown below:-
Gross Payroll $10,000
Less:
Federal income tax withheld $1,800
Social security rate at 6% -$600
Medicare rate at 1.5% -$150
Total deduction -$2,550
Salary Payable $7,450
We simply deduct three above taxes from the gross payroll so that we get to know for the salary payable amount
If you sold a tangible asset you owned for $1,000 and used
the money to pay off your credit card balance for $1,000, then your net worth
would remain the same.
To add, the concept applicable to individuals and
businesses as a key measure of how much an entity is <span>worth is called net worth.</span>
I don't know that book, but you know something is fiction when it's something that simply can not happen in real life, also if it's based on a character, like Sammy took a bath when he finished playing soccer, unlike dolphins are mammals, which is nonfiction. Hope this helps! Please rate brainiest answer!
Answer:
The company must sell $300,000 to earn a target profit of $90,000.
Explanation:
Contribution margin per unit = Sales price per unit - Variable costs per unit. = $60.00 - $15.00 = $45
Contribution margin ratio = Contribution margin per unit / Selling price per unit = $45 / $65 = 0.75, or 75%
Total Fixed Costs = $135,000
Target profit = $90,000
Sales in dollars to earn the target profit = (Fixed cost + Targeted profit) / Contribution margin ratio = ($135,000 + $90,000) / 75% = $300,000
Therefore, the company must sell $300,000 to earn a target profit of $90,000.
The correct answer is " new firms will enter the market"