Answer: $368.55
Explanation:
Employer payroll tax is;
= Social security + Medicare + State Unemployment Tax + Federal Unemployment tax
Monthly salary = 32,400/12 = $2,700
= (6.2% * 2,700) + (1.45% * 2,700) + ( 5.4% * 2,700) + ( 0.6% * 2,700)
= $368.55
Answer and Explanation:
1. Petty cash Dr, 150
To Cash account $150
(Being establishment of the fund is recorded)
For recording this we debited the petty cash as it increased the current assets and credited the cash as it decreased the value of current assets
2. Office supplies $35
Entertainment expense Dr, $110
To Cash account (balancing figure) $140
To Cash short and over $5 ($150 - $35 - $110)
Here we debited the office supplies and entertainment expense as it increased the expenses and we credited the cash account as it decreased the current assets
3. Petty cash account $150 ($300 - $150)
To Cash account $150
(Being the increase in balance is recorded)
For recording this we debited the petty cash as it increased the current assets and credited the cash as it decreased the value of current assets
In today’s world, the possibility of attack by outside agencies has <u>increased</u> dramatically.
Agency business is a business enterprise that provides a specialized provider day-to-day their clients day. Regularly, corporations act on behalf of any other company, institution, or man or woman every day to manipulate a section of their commercial enterprise.
Purpose of agencies: daily make certain all men and women have an equal opportunity every day be informed of and day-to-day compete for employment opportunities, and pair of every day make sure that each employee has an identical possibility daily compete for promotional opportunities.
An organization, in huge phrases, is any courting among parties in which one, the agent, represents the other, the fundamental, in day-to-day transactions. The fundamental or principals have employed the agent every day to carry out a carrier on their behalf. Principals delegate selection-making authority to the everyday sellers.
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Your answer would be, If the Marginal Product of labor increases/rises, The Marginal Cost of Output FALLS.
If the Marginal Product of labor Falls, The Marginal Cost of Output RISES.
Hope that helps!!!
Answer:
Yield to Call = 8.66%
Explanation:
The computation of the yield to call is shown below:
First determine Current Price of Bond,
PV = [FV = 1,000, PMT = 30, N = 40, I = 0.075 ÷2]
PV = $845.87
Callable Price = $1,050
Now
Calculating Yield to Call,
I = [PV = -845.87, FV = 1,050, N = 20, PMT = 30]
I = 8.66%
Yield to Call = 8.66%
