1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vinil7 [7]
3 years ago
13

What is one way that FICA taxes differ from the federal income tax?

Business
2 answers:
kykrilka [37]3 years ago
8 0
The Internal Revenue Service requires most businesses to withhold three taxes<span> from employee paychecks. There's </span>federal income tax<span> and the two </span>FICA taxes<span>: Social Security and Medicare. </span>IRS<span> rules governing each </span>tax<span> are different, so you end up calculating </span>income tax<span> withholding separately from </span><span>FICA taxes</span>
Alja [10]3 years ago
4 0
The Internal Revenue Service requires most businesses to withhold three taxes<span> from employee paychecks. There's </span>federal income tax<span> and the two </span>FICA taxes<span>: Social Security and Medicare. </span>
You might be interested in
Edelman Engines has $18 billion in total assets — of which cash and equivalents total $120 million. Its balance sheet shows $2.7
Levart [38]

Answer:

Market/Book Ratio = 1.92 times

EV/EBITDA = 13.65 times

Explanation:

As for the information provided,

EBITDA = $1.794 billion

The value of common equity in books = $7.2 billion

Outstanding shares = 300 million

Share price per share = $46

Therefore, market value of common equity = $46 \times 300 million

= $13.8 billion

Therefore, market/book ratio = $13.8 billion/$7.2 billion

= 1.9167 times

EV represents enterprise value which is the market value of equity + total debt - cash and cash equivalents

= $13.8 billion + $8.1 billion + $2.7 billion - 0.120 billion

= $24.48 billion

EV/EBITDA = $24.48 billion/$1.794 billion = 13.65 times

4 0
3 years ago
TRUE/FALSE. Boycotting means that workers walk away from their jobs and refuse to return until a labor-management dispute has be
svlad2 [7]

Boycotting means that workers walk away from their jobs and refuse to return until a labor-management dispute has been resolved. This statement  is false.

A work stoppage brought on by a widespread employee refusal to perform their duties is known as a strike action, also known as a labor strike, labour strike, or simply a strike. Typically, a strike is a response to employee complaints. During the Industrial Revolution, when mass labor became crucial in factories and mines, strikes increased in frequency.

An RD petition must first be submitted in person or electronically at a regional National Labor Relations Board (NLRB) office to begin the decertification process for a union. The NLRB may schedule a hearing and call for an election to decertify the union if 30% of the workers in the bargaining unit sign the petition.

To know more about strike action, refer;

brainly.com/question/15078953

#SPJ4

3 0
1 year ago
Mitchell Co. has $1.1 million of debt, $3 million of preferred stock, and $3.3 million of common equity. What would be its weigh
Novay_Z [31]

Answer:

0.45

Explanation:

Calculation for What would be its weight on common equity

Using this formula

Weight on common equity= Common equity/(Debt+Preferred stock+Common equity+ )

Let plug in the formula

Weight on common equity=$3.3 million /($1.1 million +$3 million +$3.3 million)

Weight on common equity=$3.3 million/$7.4 million

Weight on common equity=0.45

Therefore What would be its weight on common equity is 0.45

3 0
3 years ago
What are the 5 basic seating arrangements used for small group meetings
ICE Princess25 [194]

Answer:

Family Style Seating.

Classroom Style Seating.  

U-shape / Horse Shoe Style Seating.

Explanation:

7 0
3 years ago
Select all the choices that decision makers could use marginal analysis for to make effective decisions.
mylen [45]
<span>Adding a machine to the factory and producing another car would be the choices that decision makers could use marginal analysis to make effective decisions.</span>
7 0
3 years ago
Read 2 more answers
Other questions:
  • What is a poor label for a category level file folder?
    8·1 answer
  • Reciprocity occurs among individuals who are better at taking the perspective of the other in a negotiation, and can also be ‘co
    10·1 answer
  • Insurance can help you:
    6·1 answer
  • A computer manufacturer sells laptops to retail stores for $450 each. If the manufacturer pays $200 for all of the components in
    8·2 answers
  • A business that purchases a product from another business to sell to customers is called a service business. manufacturing busin
    13·2 answers
  • Last year Christine worked as a consultant. She hired an administrative assistant for$15,000 per year and rented office space (u
    9·1 answer
  • What should be the order of the information on your title page?
    9·1 answer
  • Who going to let me hold a iphone charger ? my iphone about to die
    10·1 answer
  • MacKenzie Company sold $640 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 5.5% serv
    5·1 answer
  • ABC Company listed the following data for the current year:
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!