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3 years ago

A federal payroll tax that supports retired workers is progressive tax. sales tax. corporate tax. social security tax.

Business

2 answers:

Lera25 [3.4K]3 years ago

6 0

A federal payroll tax that supports retired workers is<u> "social security tax".</u>

A Social Security tax is the duty demanded on the two managers and workers to finance the Social Security program. Social Security tax is generally gathered as finance assessment or independent work charge.

The Social Security tax applies to all pay identified with work. Paying it is basically unavoidable on the off chance that you work, at any rate on a portion of your income. All workers and independently employed citizens pay the Social Security assess, which is otherwise called Old Age, Survivors, and Disability Insurance (OASDI).

Romashka [77]3 years ago

3 0

<span>social security tax is the answer to ed</span>genuity

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2 years ago

How do economists calculate GDP for one year using the expenditure approach?

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3 years ago

Dozier and his wife, daughter, and grandson lived in the house Dozier owned. At the request of the daughter and grandson, Pascha

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Answer: Yes

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3 years ago

or 2018, Gourmet Kitchen Products reported $22 million of sales and $18 million of operating costs (including depreciation). The

Vinil7 [7]

Answer:

Economic value added = $1,250,000

Explanation:

Economic value added (EVA) = Net operating profit after taxes - Invested capital * cost of capital

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3 years ago

At the end of the current year (before adjusting entries), Summer Corporation had a balance of $ 88 comma 000 in Accounts Rece

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Answer:

1. Using the percent-of-sales method, calculate the amount of Uncollectible-Account Expense if Summer Corporation estimates its uncollectible-account expense using a rate of 3% of credit sales. What is the ending balance of the Allowance for Uncollectible Accounts under this scenario?

14100

Summer Corporation has $ of uncollectible-account expense using the percent-of-sales method.

3100

Calculate the amount of its Uncollectible-Account Expense. What is the ending balance of the Allowance for Uncollectible Accounts under this scenario?

15000

The ending balance of the Allowance for Uncollectible Accounts is $ under this scenario.

Dont have enough information.

Explanation:

Account receivable 88000

Allowance for uncollectible -11000

Service revenue 470000

Estimate uncollectible 3%

Ending balance of the allowance 14100

Expense 3100

Allowance for Uncollectible 26000

Uncollectible expense account 15000

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3 years ago