Answer:
For 2018, Social security wage limit is $128,400
Gross earning of the period = (40*40.50)+(2*60.75) = $1,741.50
a. Taxable income for federal income tax withholding = Gross Income = $1,741.50
b. Taxable income for social security tax = $128,400 - $127,800 = $600
c. Taxable income for medicare tax = $1,741.50
Answer:
At-will Employment
Explanation:
At-will employment is a law used in the US that gives employer the power to fire an employee at anytime, without any real wrongdoing as long as the reason isn't illegal.
This at-will employmet makes it difficult for the court to help such employers claim their benefits because of that law.
I hope this helps.
Answer: See explanation
Explanation:
Your question isn't complete but I got a similar question online and here is the question that was asked.
What is the present value of interest tax shields if it expects to maintain this debt level into the far future?
The present value of the interest tax shield will be calculated as:
= Tax rate x Debt
= 890million x 21%
= $186.90 million
Answer:
$3840
Depression (Major Recession)
Explanation:
In the problem above, if there is a shift in demand as a result of a change in income which moves the economy to point F. There will be a production of a Real GDP of approximately $3840 billion. Due to the change in the equilibrium position, the economic system will be a major recession which is also known as depression. This occurs because there is loss of customer confidence.
Answer:
they did it to secure maximum production
Explanation:
Why did the War Production Board (WPB) prefer to deal with major corporations rather than with small businesses
