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Darya [45]
2 years ago
14

Betsy Strand’s regular hourly wage rate is $16, and she receives an hourly rate of $24 for work in excess of 40 hours. During a

January pay period, Betsy works 47 hours. Betsy’s federal income tax withholding is $95, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer’s journal entries to record (a) Betsy’s pay for the period and (b) the payment of Betsy’s wages. Use January 15 for the end of the pay period and the payment date. (Round answers to 2 decimal places, e.g. 15.25. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Business
1 answer:
Anvisha [2.4K]2 years ago
6 0

Answer:

Please see attachment .

Explanation:

Please see attachment .

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The interest rate that lenders publish or advertise is usually:
ivann1987 [24]

Answer:

It’s A the nominal interest rate

Explanation:

8 0
2 years ago
Categorize each of the following items as an S-strength, W-weakness, O-opportunity, or T-threat. " WALMART SWOT ANALYSIS"
sergejj [24]

Answer:

Established Name Brand - S - Brings in more customers

Low Prices(Low Cost Leadership ) - S - Retaining customers

Unfair Employment Practices - T - Negatively affects the brand image

Pressures Suppliers on Cost - S - Have bargaining power on suppliers

Recession - T - Can bring down customer spending

Other big box retailers(Target) - T - Competition

Small Towns - O - Not many players

International Markets - O  - Growth prospects

Products Made in China - O - Lower prices

Product Safety - S - Retaining customers

Large Purchases (Buy in Bulk) - S - Cost savings

Internet Retailing - O - New growth opportunity

Customer Base - S - Large customer base

No Urban Locations - O - Opportunity to expand

Health Care for Employees - S - Employee satisfaction

Global Presence - S - Large customer base

Price Competition - O - Best in industry

Product Quality  - Retaining customers

Customer service- S - Retaining customers

Distribution/Logistics System - S - Lower costs

One Stop Shop  - S - Retaining customers

In 15 Countries—not in Europe except for United Kingdom  - Opportunity to grow in Europe

Sam’s Club - O - Customer loyalty

Minimum Wage Laws - T - Higher costs

Rising Labor Costs in China - T - Higher costs

Healthcare Costs - T - Higher costs

12% Lower Grocery Prices - S - Cost leadership

Litigation by employees - T - Negatively affects the brand image

Target Superior Merchandising Capability - O - Competition

Community Resistance - T - Negatively affects the brand image

Home Delivery of Goods - O - Growth prospects

Growth of Aldi Food Chain-Europe/North America - T - Competition

Poor Working Conditions - T - Negatively affects the brand image

Dollar stores - T - Competition

Online Retailers  - T - Competition

4 0
2 years ago
While buying refreshments for an upcoming party, you notice that a six-pack of Americana Beer costs $2 and a six-pack of Bavaria
sattari [20]

Answer:

B. two six-packs of Americana Beer.

Explanation:

A. a six-pack of Americana Beer.

B. two six-packs of Americana Beer.

C. $4 and the six-pack of Americana Beer.

D. $4.

six-pack of Americana Beer = $2

six-pack of Bavarian Beer = $4

1 six-pack of Bavarian Beer = $4

1 six-pack of Americana Beer = $2

2 six-pack of Americana Beer = $4

Therefore,

1 six-pack of Bavarian Beer = 2 six-pack of Americana Beer

You buy the six-pack of Bavarian Beer

The opportunity cost of the Bavarian Beer is two six-packs of Americana Beer.

B. two six-packs of Americana Beer.

Opportunity cost is the cost of satisfying a want at the expense of another. It can also be called real cost or true cost

4 0
2 years ago
What do you understand from the term, ‘monopoly’. Give an example of a government-created monopoly. Is creating this monopoly ne
hodyreva [135]

Answer:

A monopoly is a company that can control the market. For example the government could put a hight import tax on shoes so no one would ship shoes into the countryman this means that the only shoe brand in the country can adjust there prices of their shoes and people would still buy them because there is no other shoe brand. This shows that they have control over the market (Or sitting at at monopoly position)

4 0
2 years ago
Eve and her three college friends enjoy perfumes. As a special gift to each of them last holiday season, she found a way to make
Ksivusya [100]

Answer:

B. when you successfully fill a market need, you can make money.

C. The Internet is a way to distribute just about anything.

5 0
2 years ago
Read 2 more answers
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