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
sveta [45]
3 years ago
10

Yvette Bradbury is an account representative at Commerce Savings Bank, earning $45,600 annually, paid semimonthly. She contribut

es 3 percent of her gross pay to her qualified 401(k) plan on a pre-tax basis and has a pre-tax medical premium of $60.
What is her taxable income?
Business
1 answer:
FrozenT [24]3 years ago
7 0

Answer:

taxable income per pay period = $1,637.50

Explanation:

first we must determine Yvette's pay per period. Since she is paid semimonthly, that means she gets paid twice a month = $42,000 / (12 x 2) = $42,000 / 24 pay periods = $1,750 per pay period

her 401 (k) contributions = $1,750 x 3% = $52.50

her medical premium = $60

taxable income per pay period = $1,750 - $52.50 - $60 = $1,637.50

You might be interested in
What are the sources of pressure on firms such as frito-lay to reduce their environmental footprint? 2. identify the specific te
andriy [413]

The sources of pressure are from:

Regulation -government and legislative changes that focus on promoting environmental changes

Resources -natural and other resources are limited and conservation will help save money

Social/reputation-being environmentally conscious gives customers positive feelings about a company

8 0
3 years ago
As a revenue cycle auditor, explain how you will monitor compliance, denials, resubmitted claims, appeals for denied claims, and
goldfiish [28.3K]

Answer:

Ashley should review medical records for documentation compliance for CPT, Level II HCPCS, and diagnosis codes determining that regulations are being complied with as evidenced in medical record documentation; and evaluating appropriateness of billing and coding procedures.

Explanation:

7 0
2 years ago
If the government removes a binding price floor from a market, then the price received by sellers will
Sauron [17]
It would overall decrease
6 0
3 years ago
A decline in the real GDP that occurs for at least two or more quarters is called a _______. a. recession c. recovery b. depress
vagabundo [1.1K]
A decline in the real GDP that occurs for at least two or more quarters is called a depression. The correct option among all the options that are given in the question is option "b". There is a very thin line of difference between recession and depression. when the real GDP falls for a repeated number of periods, then it is depression.
6 0
3 years ago
Selected transactions for A. Mane, an interior decorator, in her first month of business, are as follows.
Verizon [17]

Answer:

Please see below

Explanation:

Jan 2.

Dr Cash $13,100

Cr Owner equity $13,100

(Being owner's capital contribution to the business in form of cash)

Jan 3.

Dr Vehicle $3,930

Cr Cash. $3,930

(To record the purchase of used car in form of cash)

Jan 9

Dr Supplies. $655

Cr. Accounts payable $655

(To record supplies purchased on account )

Jan 16

Dr Account receivable $3,144

Cr Revenue $3,144

(Being the record of revenue earned on credit)

Jan 16

Dr Advertising expenses $459

Cr Cash $459

(Being the record of advertising expenses paid in cash)

Jan 20

Dr Cash. $917

Cr Account receivable $917

(Being the record of partial collection receivables)

Jan 23

Dr Account payables $393

Cr Cash $393

(Being the record of payment made to creditors)

Jan 28

Dr. Owner equity $1,310

Cr. Cash $1,310

(To record owner's withdrawal of capital in form of cash)

4 0
2 years ago
Other questions:
  • Why would a company place new workers on probation?
    7·2 answers
  • What amount do you need to invest to obtain $20,000 at 6 percent simple interest per year, after ten years?
    8·2 answers
  • The value of the best alternative activity that is forgone is known as the:a.marginal cost.b.marginal benefit.c.explicit cost.d.
    8·1 answer
  • Using High-Low to Calculate Predicted Total Variable Cost and Total Cost for a Time Period that Differs from the Data Period
    9·1 answer
  • Which of the following is​ true? A. Both microeconomics and macroeconomics deal with same economic issues of​ inflation, unemplo
    8·1 answer
  • Kamal reproduces Lorena’s copyrighted work "Musica" without paying royalties. Kamal is most likely excepted from liability for c
    12·1 answer
  • Della, the new CEO of Sky Advertising, has been with the firm for over 25 years. She was picked by the board to turn the 85-year
    12·2 answers
  • Assume there is a price floor imposed on a good which is above the equilibrium price. Which of the following changes would reduc
    10·1 answer
  • Braden is in the 12% marginal tax bracket with a taxable income of $36,000 for the year. In addition, Braden has a $500 long-ter
    10·1 answer
  • Which of these is an advantage of checking accounts?
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!