Answer:
b. A very large increase in sales. A very rapid and similar response by the other large firms in the industry.
Explanation:
As for the information there is no clear agreement to sell the goods at the same price, like that of other industries.
Further since all the companies follow the same price, there is no such differentiation.
In case one of the companies, in our case company A if decreases the price then it will abruptly that is in no clear sequence will increase its sales, and the after effects will also include the decrease in prices by other remaining industries that is B, C and D.
Answer:
Part 1:
Total amount withheld for Social Security and medicare=$16264.2
Amount withheld for Social Security=$7049.4
Part 2:
Additional amount which the employer will contribute=$16264.2
Explanation:
Part 1:
Amount withheld for Social Security= $113700 * 6.2%=$113700 * 6.2/100
Amount withheld for Social Security=$7049.4
Amount withheld for Medicare=$632400 * 1.45%=$632400 * 1.45/100
Amount withheld for Medicare=$9169.8
Total amount withheld for Social Security and medicare=$7049.4+$9169.8
Total amount withheld for Social Security and medicare=$16264.2
Part 2:
The additional amount which the employer will contribute towards the FICA taxes is same as withheld by Coach Samson.
Additional amount which the employer will contribute=$7049.4+$9169.8
Additional amount which the employer will contribute=$16264.2
Answer:
Most common automobile tires are within a few inches of 25″ in diameter, so they cover 2π × 25″ ≈ 157″, or about 13 feet in a complete revolution. So to cover a mile, which is 5280 feet, they'd have to rotate 5280/13 ≈ 406 times.
Explanation:
Answer:
The correct answer is D
Explanation:
Basis is the amount of the home or property which is worth for the purposes of tax. When the person sold the property, the loss or gain for the purpose of tax, which is determined by deducting the basis on the sale date from the price of sale(in addition to the sales expense).
Basis is the original cost of the property adjusted for the factors like depreciation. Therefore, the correct and right response which states the basis of the property is determined by the purchase price of the property in addition to the cost incurred at the time or duration of purchase.