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3 years ago

7

The project requires $61,000 of net working capital up front that will be fully recovered. What is the net present value of the

project if the required rate of return is 10 percent?

1 answer:

fenix001 [56]3 years ago

7 0

Answer: 34

Explanation:

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Urban Window Company had gross wages of $240,000 during the week ended june 17. The amount of wages subject to social security t

True [87]

Answer:

Wages expense 240,000

medicare payable 3,600 credit

social security payable 14,400 credit

wages payable 222,000 credit

payroll taxes 20,205‬ debit

FUTA payable 280 credit

SUTA payable 1,925 credit

medicare payable 3,600 credit

social security payable 14,400 credit

Explanation:

MEDICARE 1.5% Social Security 6&

OASDI/HI $ 240000 3600 14400

FUTA&SUTA $ 35000 SUTA: 5.5% = 1925 FUTA 0.8% = 280

<u><em>NET WAGES: </em></u>

240,000 - 3,600 - 14,400 =222,000

payroll taxes:

the employe pays the same amount for OASDI and HI and also pays FUTA and SUTA

14,400 + 3,600 + 1,925 + 280 = 20,205‬

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3 years ago

In the long run a company that produces and sells kayaks incurs total costs of $15,000 when output is 30 kayaks and $20,000 when

elena55 [62]

The right answer is b 99% right

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3 years ago

A company paid Jen Rogers, its sole stockholder, a total of $25,000 in dividends during the current year. The entry needed to cl

sergiy2304 [10]

Debit Income Summary and credit Dividends for $25,000.

Answer: Option 5.

<u>Explanation:</u>

The balancing account of the company or an organisation is where the entries of the company are made and recorded so that at then end of the year the financial position of the company becomes clear to the stake holders of the company.

It is a double entry book keeping record where single entry is made on two sides of the book, the debit side and the credit side. This makes the book in balance for every entry. Entry on the debit and the credit side is made with the same amount to maintain the balance.

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3 years ago

What is considered sin tax?

gayaneshka [121]

Definition:

Tax imposed by the government on the things which are harmful for the human health is termed as Sin Tax. For example, Tobacco products, drugs, cola drinks, gambling, fast food items etc.

Why it is mainly imposed:

It is imposed to increase the prices of the above given harmful products which consequently, might can be helpful in decreasing their consumption.

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3 years ago

Which of the following statements about boundary managers is true? a. Boundary managers persuade top management to support the t

Gelneren [198K]

Answer:

A

Explanation:

The way in which boundaries are managed can affect organisational function. For effective functioning, it is important to set up boundaries to create levels of distinctions and integration.

It is The boundary manager determines how a team can work with others that are interested in how the team performs and they persuade too management to support the teams work.

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3 years ago