All categories

3 years ago

The Social security tax is a:

Business

2 answers:

Maurinko [17]3 years ago

7 0

Answer:

Social Security taxes definition. ... The Social Security tax is levied by the U.S. government on both the employee and the employer. In 2019 the Social Security portion of FICA (excluding Medicare) to be withheld from the first $132,900 of each employee's annual salary or wages is 6.2%.

miv72 [106K]3 years ago

5 0

Answer:

Hope This Helps

You might be interested in

Brady Furniture purchased land, paying $ 80 comma 000 cash and signing a $ 320 comma 000 note payable. In addition, Brady paid

emmainna [20.7K]

Answer:

Land 407,000

Building 750,000

Land improvements 77,000

The company will depreicate the buildign and the land improvements

But, not the land as it doesn't suffer from the past of time.

Questions:

Value of the assets

and which assets will the company depreciate.

Explanation:

The demolition of the old buildign should be considered cost of the period. As no asset is improved or acquire for that event.

Land:

80,000 cash

320,000 note payable

3,000 deliquient property tax

4,000 insurance costing

407,000 total land

Building:

cost: 750,000

Land Improvements:

fence 55,000

sing at entrance 15,000

lighthing 7,000

TOTAL 77,000

4 0

3 years ago

A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera

Ivanshal [37]

Answer:

$12,100

Explanation:

The contribution margin of a product may be defined as the price of the product minus the associated variable cost which results in the incremental profit that is earned when one unit of the product is sold. It is obtained by subtracting the total variable cost from the total sales of the product.

In the context, the total contribution margin of a product for the month under the variable costing would be $12,100 for the manufacturing company.

3 0

3 years ago

Clothing Emporium was organized on January 1, 2018. The firm was authorized to issue 100,000 shares of $5 par value common stock

PolarNik [594]

Answer and Explanation:

The computation is shown below:

1 Total in Common Stock account is

= 20000 shares × $ 7 par

= $140,000

2 Ending balance in retained Earnings is

= Net income - dividends

= $100,000 - $50,000

= $50,000

3 Additional Paid in Capitalis

= (20000 shares × $1) + (300 preferred shares × $10)

= $23,000

4 Total Preferred Stock account is

= 300 shares × $ 5

= $1,500

5 Total Stockholder's Equity is

= $140,000 + $50,000 + $23,000 + $1,500

= $214,500

7 0

3 years ago

Uri, a server in a popular family restaurant, is the most popular employee with both customers and employees, and as a result, h

vladimir2022 [97]

Answer:

C. behavioral decision-making style

Explanation:

A behavioral decision-making style is a characteristic of an individual who displays the ability of an open policy system where everyone is accommodated with a sense of belonging.

8 0

3 years ago

Our basketball team has finished $80\%$ of its season, during which we won $40\%$ of the games we played. What percent of the re

masya89 [10]

Answer:

90%

Explanation:

Let x be the total number of matches,

Given,

80% of games were finished,

So, the number of finished games = 80% of x = 0.8x

∴ Remained games= x - 0.8x = 0.2x