Answer:
B) $77,350
Explanation:
Gross payroll=$100,000
Social Security taxes =6.20%
6.20/100×$100,000
=0.062×$100,000
=$6,200
Medicare taxes = 1.45%.
1.45/100×$100,000
=0.145×$100,000
=$1,450
federal and state income tax =15%
15/100×$100,000
=0.15×$100,000
=$15,000
Total Withholdings=
$6,200+$1,450+$15,000
=$22,650
Total employee compensation= Gross earnings-total withhold
=$100,000-$22,650
=$77,350
The step in which a salesperson meets the customer for the first time is the <u>approach step</u> of the creative selling process.
<h3>Who is a saleperson?</h3>
A salesperson can be defined as the person whose sole reponsibilities is to market and sell a company product to potentials customers or buyers.
When a sales person meet a customer for the first time, the sales person need to first approach the customers before marketing a product to the customer.
Therefore the step in which a salesperson meets the customer for the first time is the <u>approach step.</u>
Learn more about salesperson here:brainly.com/question/25586322
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Answer:
$5 million
Explanation:
If we follow the Coase Theorem, the appropriate solution to this case should be obtained regardless of initial rights. In this case, the factory saves $5 million to the producer, but it costs $10 million to Boston residents. if Boston residents pay $5 million or more to the factory owner, then both would benefit. Boston residents will gain $10 - $5 = $5 million, as well as the factory owner.
1. Accounts receivable are found on the balance sheet.
2. Notes payable are found on the balance sheet.
3. Advertising expense is found on income statement
