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Leni [432]
3 years ago
13

You used to earn $76,000 a year in your old job! Suppose you return to college and earn an MBA, after which you get an upper-man

agement position with Yum! Brands. If the tax rates are the same as in 2012 and your starting salary is $125,000, how much will you owe in federal social insurance taxes?
Business
1 answer:
fredd [130]3 years ago
8 0

Answer:

Federal social insurance taxes include OASDI taxes (Social Security) and Medicare taxes. Currently. In 2012, the Social Security tax limit was $110,100, while their was no limit on Medicare.

The Social Security tax rate was temporarily reduced during 2011 and 2012 from 6.2% to 4.2%, so your Social Security tax withholdings were $4,624.20 in 2012.

Medicare taxes did not change in 2012 and were 1.45%, so your Medicare tax withholding were $1,812.50 in 2012.  

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An asset used in a 4-year project falls in the 5-year MACRS class for tax purposes. The asset has an acquisition cost of $9,100,
sveticcg [70]

Answer:

$2,343,120

Explanation:

The computation of the after tax salvage value of the asset is shown below:

Written down cost of asset after 4 years = Acquisition cost of an asset - 4 years  depreciation

= $9,100,000 × (100 - 20 - 32 -19.20 - 11.52)%

= $1,572,480

Refer to the MACRS table

Now

Selling price = $2,600,000

Gain on Sale is

= $2,600,000 - 1,572,480

= $1,027,520

So,

Tax on Gain is

= $1,027,520 × 25%

= $256,880

So,

After tax salvage value = Sales Price - gain on tax

= $2,600,000 - $256,880

= $2,343,120

8 0
3 years ago
A television commercial advertises that a certain type of battery will last, on the average, 20 hours longer than twice the life
vladimir2022 [97]
352.5 Hours to be exact

4 0
3 years ago
Discuss both the quantitative and qualitative factors that managers should consider when making decisions using differential ana
Anettt [7]

Answer:

Quantitative judgments are mainly based on statistical analysis of acquired data, whereas subjective judgments are dependent on a variety of algorithms such as data kind and quality, influencing variables, hazard identification, and etc.

Consider qualitative aspects that may affect your decision to buy items from a third-party vendor. The supplier's dependability, the quality of its administration, and the grade of its commodities are instances of such criteria.

4 0
3 years ago
The human resource department of Winston Memorial Hospital has played a leading role in helping the hospital become a high-perfo
sesenic [268]

Answer:

Letter b is correct. <em>Making sure employees know how their work contributes to the hospital's mission</em>

Explanation:

Performance management is characterized as a set of techniques and practices that together will help to verify the performance of organizational activities and their effectiveness. Its main function is to ensure that the proposed organizational objectives are met. Employees are a key player in organizational performance, so giving them feedback on their performance is important for communication to be effective and for a sense of staff to increase, and consequently their productivity to increase.

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3 years ago
What is capital market?
goblinko [34]
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The example of capital markets are : New York stock Exchange, American stock exchange, London stock exchange, NASDAQ, Etc

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3 years ago
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