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
= ( $110,235 - $106,800 ) × 0.062
= $3,435 × 0.062
= $212.97
Hence,
The answer is option (A) $212.97
<span>it must include limited resources and making a choice.
Economy is the knowledge that teach us how to allocate limited resource in order to obtain as much value as possible.
To obtain that kind of value, it will involve making a choice after considering our situation, our capabilities, and our competitors</span>
<span>If the demand for a product is elastic the value of the price elasticity coefficient is </span>consumers are largely unresponsive to a per unit price change
Answer:
a. What is the pretax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
b. What is the aftertax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Explanation:
we must first determine the bond's yield to maturity:
YTM = {coupon + [(face value - market value)/n]} / [(face value + market value)/2] = {30 + [(1,000 - 930)/60]} / [(1,000 + 930)/2] = 31.17 / 965 = 3.23% x 2 = 6.46%
after tax cost of debt = 6.46% x (1 - tax rate) = 6.46% x (1 - 22%) = 6.46% x 78% = 5.04%
A) standardized product I think
