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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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Answer:

d. length of the time period.

Explanation:

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In arithmetically,

The price elasticity of the supply = (percentage change in the quantity supplied ÷ percentage change in price)

It  indicates a direct relationship between the quantity supplied and the price.

Moreover, the key determinant of the price elasticity of supply is time period

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4 years ago
Hadley Company is considering the disposal of equipment that is no longer needed for operations. The equipment originally cost $
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the differential revenue if the equipment is sold:

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3 0
3 years ago
Studying a project’s potential opportunities is part of what area of management?a. Riskb. Scopec. Costd. Integration
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Answer:

b. Scope

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3 years ago
Household play a role in the circular flow of goods by
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C) purchasing goods at product markets

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Receiving something from a supplier in exchange for authorizing payments for goods not delivered to the employer would be an exa
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Answer:A

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