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Tasya [4]
4 years ago
8

Luis has a biweekly gross pay of $770 and claims 2 federal withholding allowances. Luis has all of the following deductions from

his gross pay: federal tax from the following tableSocial Security tax that is 6.2% of his gross pay Medicare tax that is 1.45% of his gross pay state tax that is 19% of his federal tax Determine how Luis’ net pay will be affected if he increases his federal withholding allowances from 2 to 3. a. His net pay will decrease by $19.00. b. His net pay will increase by $19.00. c. His net pay will decrease by $22.61. d. His net pay will increase by $22.61. Please select the best answer from the choices provided A B C D
Business
2 answers:
zaharov [31]4 years ago
8 0

Answer:

d. His net pay will increase by $22.61.

Explanation:

The more "allowances" you claim on your W-4 the more you get in your take-home pay.

So he definitely will have an increase effect of $22.61 if Luis has a biweekly gross pay of $770 and increases the number of claims from 2 to 3 federal withholding allowances.

Paraphin [41]4 years ago
8 0

Answer:

d

Explanation:

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A shareholder invested in a mutual fund and has signed a letter of intent to invest $25,000. Her original investment was $13,000
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Based on the information given for her to complete her letter, she must deposit D) $12,000.

<h3>Deposit:</h3>

Using this formula

Deposited amount=Amount invested-Original investment

Where:

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Original investment=$13,000

Let plug in the formula

Deposited amount=$25,000-$13,000

Deposited amount=$12,000

Inconclusion for her to complete her letter, she must deposit D) $12,000.

Learn more deposit here:brainly.com/question/1752098

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3 years ago
The economic order quantity (EOQ) model is a classical model used for controlling inventory and satisfying demand. Costs include
nikklg [1K]

Answer:

Check the explanation

Explanation:

The above question is based on a non-linear programming model, to answer this question, there will be a need to determine the optimal order quantities of the three different Ferns with diverse values of annual demand, item cost as well as order cost objective of the non-linear programming model is to minimize the overall annual cost.

Step 1: Setup a spreadsheet on Excel, as shown in the first and second attached images below:

Note: The values of quantities of the three items is kept as 1 to for the calculations of total cost.

The Solver dialogue box will appear. Enter the decision variables, objective function and the constraints, as shown in the third attached image below:

7 0
3 years ago
Sabrina Duncan had gross earnings for the pay period ending 10/15/16 of $5,835. Her total gross earnings as of 9/30/16 were $104
ivann1987 [24]

Answer:

option (A) $212.97

Explanation:

Data provided in the question:

Gross earnings for the pay period ending 10/15/16 = $5,835

Total gross earnings as of 9/30/16 = $104,400

Social Security tax rate = 6.2%

Now,

Total earnings

= Gross earnings for the pay period ending 10/15/16 + Total gross earnings as of 9/30/16

=  $5,835 + $104,400

= $110,235

since,The Social Security taxes are on a maximum earnings of $106,800 per year

therefore,

Sabrina's Social Security withheld from her 10/15/16 paycheck will be

= ( Total earnings - $106,800 ) × Social Security tax rate

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= $3,435 × 0.062

= $212.97

Hence,

The answer is option (A) $212.97

7 0
3 years ago
Employees who work in teams that allow for rapid decision making and a better view of the end product are likely working in what
netineya [11]

Answer:

Horizontal Management

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Horizontal management is an organization structure in which there are very few managers, in this type of management authority is given to the employees. This makes the employees to have a sense of empowerment because they can make vital decisions without the approval of a manager.

In horizontal management, decision making happens rapidly with little or no bureaucracy. These companies tend to have a limited amount of projects on which they work, which benefits from the unstructured, open environment since the entire team communicates and share essential information on where the project is and where it is heading to.

8 0
3 years ago
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anastassius [24]
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4 years ago
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