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vekshin1
4 years ago
6

An employee earns $28 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. If the employee worked 55 h

ours during the week. Assume that the social security tax rate is 6.0%, the Medicare tax rate is 1.5%, and the employee’s federal income tax withheld is $403. a. Determine the gross pay for the week. $ If applicable, round your final answer to two decimal places. b. Determine the net pay for the week. $
Business
1 answer:
Gemiola [76]4 years ago
8 0

Answer: Gross pay- $1750.00

Net pay - $1,215.75

Explanation: Gross pay = Nomal time =$28*40= $1,120. Overtime = $28*1.5*15= $630 Total= $1,750

Net pay = $1,750 less Security tax, Medicare tax, federal income tax withheld.

$1750* 6.0%= $105

$1750* 1.5% = $26.25

Tax withheld= $403

Net pay= $1,750-$105-$26.25-$403

= $1,215.75

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A. the atmosphere, spirit and character that pervades the work climate and the values, business principles, and ethical standards that management preaches and practices

Explanation:

Culture is the normally acceptable social behaviour that is expected from someone in a group. It includes beliefs, knowledge, art, law, capabilities, and habits of the group.

The process by which the culture of a group is imbibed is through learning and socialisation.

The norm of a group is the acceptable way one is expected to behave in the group. Like the way one dresses and language.

A company's culture is expressed in the spirit and character that pervades the work climate and the values, business principles, and ethical standards that management preaches and practices.

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Suppose that you run the central bank of Fredonia. If you were concerned that monetary surprises may destabilize the economy, yo
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Suppose that you run the central bank of Fredonia. If you were concerned that monetary surprises may destabilize the economy, you would use Active/Passive monetary policy. If you believed that unexpected monetary policy could stimulate the economy, you would use Active/Passive monetary policy.

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An active monetary policy regularly considers the current economic situation and comes up with policies to regulate it. Many countries use an active monetary policy.  

In the US, the Federal Reserve’s Federal Open Market Committee, the group of people in charge of deciding these policies, meet 8 times a year to decide on policies that stabilize the economy.  

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With domestic merchandise to be had at decreased costs, the inflation price decreases. And a market with a wide style of each home and imported items offers the detail of preference to the clients. In this kind of case, growth in imports shows a fast, developing financial system. And a growing financial system draws more foreign investment.

The balance of change, industrial stability, or internet exports, is the difference among the monetary price of a country's exports and imports over a sure term. from time to time a difference is made between a balance of trade for items as opposed to one for offerings.

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8 0
1 year ago
What is a significant part of the step of evaluating controls and determining which controls to implement?
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"CBAs" would be the appropriate answer.

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False

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