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LuckyWell [14K]
3 years ago
6

Adam is a part-time employee who earned $495.00 during the most recent pay period. He is married with two withholding allowances

. Prior to this pay period, his year-to-date pay is $6,492.39. How much should be withheld from Adam's gross pay for Social Security tax?
Business
1 answer:
Akimi4 [234]3 years ago
5 0

Answer:

Amount of Social Security tax  = $30.69

Explanation:

given data

earned = $495.00

pay = $6,492.39

to find out

How much should be withheld from Adam's gross pay for Social Security tax

solution

we assume here no pre tax is deductions

and social security tax rate is  6.2%

so Amount of Social Security tax  will be

Amount of Social Security tax =  earned × social security tax

Amount of Social Security tax = $495 × 6.2%

Amount of Social Security tax = $495 × 0.062

Amount of Social Security tax  = $30.69

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Marpor Industries has no debt and expects to generate free cash flows of $16 million each year. Marpor believes that if it perma
tatyana61 [14]

Answer and Explanation:

The computation is shown below:

a.  Marpor's value without leverage is

But before that first we have to calculate the required rate of return which is

The Required rate of return = Risk Free rate of return + Beta × market risk premium

= 5% + 1.1 × (15% - 5%)

= 16%

Now without leverage is

= Free cash flows generates ÷ required rate of return

= $16,000,000 ÷ 16%

= $100,000,000

b. And, with the new leverage is

= (Free cash flows with debt ÷ required rate of return) + (Tax rate × increase of debt)

= ($15,000,000 ÷ 0.16) + (0.35 × $40,000,000)

= $93,750,000 + $14,000,000

= $107,750,000

5 0
3 years ago
The following information is related to Dickinson Company for 2017.
MakcuM [25]

The answer & explanation for this question is given in the attachment below.

3 0
3 years ago
On January 1, 2020, Hat Trick Manufacturing exchanged some equipment for a $750,000 zero-interest-bearing note due on January 1,
Marina86 [1]

Answer:

61,198.47

Explanation:

First we solve for the present value of the note receivables at January 1st, 2021 As we are asked for the interest revenue on the 2021 incoem statment

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $750,000.00

time  2.00

rate  0.10000

\frac{750000}{(1 + 0.1)^{2} } = PV  

PV   619,834.7107

now, we calcualte the interest considering the 10% implicit interest

619,834.7107  x 0.10 = 61,198.47

This will be the interest revenu for the year 2021

4 0
3 years ago
A company uses specially configured workstations for any work that requires administrator privileges to its Tier 0 and Tier 1 sy
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A downgrade attack might occurs in root cause appears to be that SoC was tampered with or replaced.

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8 0
1 year ago
In a particular production process the quantities of all inputs used double and then the quantity of output increases by less th
Zolol [24]

ANSWER

C. DIMINISHING Returns to property/ scale

EXPLANATION

Returns to Scale is a production concept used in Long Run (when all factors are variable i.e changeable)

It denotes relative change in output when all inputs change in same proportion .

Increasing Returns to Scale : Proportionate Increase in Output > Proportionate Increase in all inputs .

Constant Returns to Scale : Proportionate Increase in Output = Proportionate Increase in all Inputs .

Negative Returns to Scale : Proportionate Increase in Output < Proportionate Increase in all Inputs .

So : If all inputs are doubled (X2) - If output increases equal i.e double (X2) , Constant Returns to Scale . If output increases more i.e triple (X3) , Increasing Returns to scale . If output increases less i.e (1.5X) , Decreasing Returns to Scale.

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3 years ago
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