Your awnser is B because if you take a loan you have to pay it back which means you didn’t earn anything more than what you already had
It is false that companies typically enter into cause-related marketing programs to help a nonprofit organization achieve a worthy cause and have little expectation that this partnership will benefit their own brand.
Answer: $9,203
Explanation:
Witheld tax amount by company:
Social security = $5,800
Medicare tax = $1,450
Total Earning subject to unemployment compensation tax = $31,500
Federal Unemployment tax rate = 0.8%
State Unemployment tax rate = 5.4%
Federal Unemployment tax amount = 0.008 × $31,500 = $252
State Unemployment tax amount = 0.054 × $31,500 = $1,701
Total payroll tax expense :
(social security + Medicare tax + federal unemployment tax + state unemployment tax)
$(5,800 + 1,450 + 252 +1701)
= $9,203.
The partial year of service is from Januarry to May.
Thus, using straight line mathod, the <span>depreciation expense on the equipment for the year is given by:
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