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
Katarina [22]
3 years ago
6

Dena's Decorations is a South Carolina business that has a SUTA rate of 3.6% and an annual SUTA wage base of $14,000. The employ

ee earnings for the past calendar year are: B. Gilfilan $22,180, P. Laubach $37,690, S. Loftin $15,320, M. Moravec $9,840. (Assume that all employees have exceeded the annual FUTA wage base of $7,000 per employee and that the FUTA rate is 0.6%.) What are the FUTA and SUTA tax liabilities for Dena's Decorations?
Business
1 answer:
Irina-Kira [14]3 years ago
4 0

Answer:

FUTA = $168

SUTA = $1,866.24

Explanation:

As per the data given in the question,

FUTA

= $7,000 × 4 employees × 0.6% = $168

SUTA

Gilfin, Laubach and Loftin earning excess = $14,000

So, will take maximum $14,000 for each of them

Moravec is less than $14,000 therefore will take the actual amount

Earnings = ($14,000 × 3 × 3.6%) + ($9,840 × 3.6%)

=$1,866.24

You might be interested in
Goods made to order are typical of ________ and ________ approaches while goods made to forecast are typical of ________ and ___
liberstina [14]

Answer:

D. Repetitive, product product, process; repetitive, mass customisation.

Explanation:

The goods based on order will have it's qualities speficied and this may equally varies for each ofl the orders though they may go through the same process. Goods produce based on market forcast will be produce enmass based on the forcasted needs of the Consumers, while repeating the same process.

3 0
3 years ago
Mr. Hopper expects to retire in 30 years, and he wishes to accumulate $1,000,000 in his retirement fund by that time. If the int
Karo-lina-s [1.5K]

Answer:

Annual deposit = $4100

Explanation:

Annual deposit = $4100

Number of years for retirement = 30 years

Future value of money = $1000000

Interest rate = 12%

Now use the below formula to find the annuity amount.

Annual deposit = Future value (A/F, r, n)

Annual deposit = 1000000 (A/F, 12%, 30)

Annual deposit = 1000000(0.0041)

Annual deposit = $4100

3 0
3 years ago
Total spending in an economy is the sum of: personal consumption plus gross private investment plus government spending plus net
vichka [17]

Answer:

The correct answer is personal consumption plus gross private investment plus government spending plus net exports.

Explanation:

Total spending in an economy is the sum of personal consumption plus gross private investment plus government spending plus net exports.

Personal consumption expenditure is spending by consumers on goods and services. Gross private investment is the expenditure by the businesses.  

Government spending is the expenses incurred by the government. Net exports are the amount spend on the purchase of goods and services from abroad.

All these together make total spending in an economy.

6 0
3 years ago
The Smith family adopted a child. The adoption procedure took about three months, and the family incurred various expenses. Will
kodGreya [7K]

Answer:

E. They will receive several tax deductions

Explanation:

Certain "reasonable and necessary" adoption related expenses are quantifiable for tax deductions, such as:

  • Court costs
  • Attorney's fees
  • Traveling expenses related to the adoption
  • Certain other costs directly related to the adoption process

3 0
3 years ago
Read 2 more answers
You have just ordered a large pizza to split with some friends. Which of the following statements about the pizza show(s) a conc
mamaluj [8]

Answer:

B

Explanation:

8 0
4 years ago
Other questions:
  • The unequal distribution of wealth, income, power, and poverty is called
    11·1 answer
  • Golden Eagle Company prepares monthly financial statements for its bank. The November 30 and December 31 adjusted trial balances
    15·1 answer
  • The incidence of an excise tax depends on the price elasticity of the taxed good's supply and demand curves. The economic entity
    9·1 answer
  • Enviro Company issues 8%, 10-year bonds with a par value of $250,000 and semiannual interest payments. On the issue date, the an
    5·1 answer
  • Which of the following terms refers to a formal statement in an​ organization's strategic plan that describes the overall purpos
    10·1 answer
  • Matthew manages the sales team at an information technology (IT) firm. His focus is to conduct business in accordance with his f
    5·1 answer
  • A total of 1,000 students responded to a survey about using student fees to build a new health care center on campus. Of those r
    6·1 answer
  • Convert 30/4 into a mixed number fraction <br><br>​
    13·2 answers
  • HELP PLEASE NOW!!!!!List the four stages of ability development. Provide an example of a person developing a specific ability. W
    6·1 answer
  • Insourcing incurs an annual fixed cost of $500,000 and a variable cost of $60 per unit. Outsourcing incurs an annual fixed cost
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!