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ss7ja [257]
3 years ago
3

What is a difference between payroll and income taxes?

Business
2 answers:
stiks02 [169]3 years ago
7 0
 payroll tax<span> is paid at least partly by the employer, while </span>income taxes<span> are paid by employees.the main diffence is that who pays</span>
BaLLatris [955]3 years ago
5 0

Answer:

on e2020 the answer is A. Payroll taxes are itemized deductions from an individual's paycheck, while income taxes are based on an individual's salary.

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Sonia opened a yoga studio where she teaches classes and sells yoga clothing. Variable costs for Sonia's yoga studio include the
shusha [124]

Answer:

tank tops, and to some extent, wages paid to the other yoga instructors

Explanation:

Variable costs are costs that change as the level of activity in a business or production set-up changes. They differ from fixed costs which remain constant irrespective of the change in the level of activity.

For Sonia's yoga studio, variable costs will change as the number of students taking the yoga classes and those buying yoga clothing change. Accordingly, the identified costs for Sonia will react as follows to the change in the level of activity (number of customers and students).

  • The cost of tank tops: as customers buying yoga clothing increases, the cost spent on tank tops will necessarily increase.
  • Wages paid to the other yoga instructors: as more students enroll for yoga classes, Sonia, may increase the number of students in each class to an extent. However, if the number of students continue to increase beyond the limit for each class, Sonia may need to increase the number of classes and employ more instructors (or increase the number of hours for the current instructors), thus leading to an increase in wages. Thus, wages, though fixed in the short term, becomes variable when activity increases significantly.
  • Lease on the studio space: lease will remain fixed since the space occupied as the yoga studio is the same.
  • Insurance on the studio: the insurance cost on the studio will equally remain fixed since it will be a percentage of the value of the studio.

Therefore, the cost of the tank tops and the wages paid to the other yoga instructors (to some extent) are variable costs.

6 0
4 years ago
What is meant by trigonometric ratios?​
Colt1911 [192]

Answer:

ratios of trigonometric angles

hope it will help u

4 0
3 years ago
Read 2 more answers
Your primary motivation for investing is for tax savings.<br><br> A. True<br> B. False
eimsori [14]
That would be true :)
4 0
4 years ago
Plus Company uses the estimate of receivables method of accounting for uncollectible accounts. Plus Co. estimates that $4412 of
Darina [25.2K]

Answer:

$4,412

Explanation:

If the company estimates that $4,412 of accounts receivables will be uncollectible, then it must record that number under the Allowance for Bad debts Account.

That account started the year with a $3,284 balance, it decreased by $1,826 (debt written off), and then must be adjusted by crediting $2,954 so its balance = $4,412 on December 31.

3 0
4 years ago
Where can I find a bomber winter jacket In flushing
ollegr [7]
I would try Amazon or Ebay.

Is this a school question?
7 0
4 years ago
Read 2 more answers
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