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choli [55]
3 years ago
11

Rachel Radcliff earns an annual salary of $126,000. How much social security taxes will be deducted from her salary in May?

Business
1 answer:
Eduardwww [97]3 years ago
5 0

Answer:

$651

Explanation:

Rachel earns  $126,000 per year. Since a year has 12 months, her monthly income will be $126,000 divide by twelve.

=$126,000/ 12

=$10,500

Social security deductions are at a rate of 6.2% of gross pay.

Rachel earned $10,500 in May. Her social deductions will be,

6.2 % of $10,500.

=6.2/100 x $10,500

=0.062 x $10,500

=$651

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Answer:

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Explanation:

Answer 1.

   

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Cash Receipts                             32,000  

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Depreciation                 3,200    

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Net Income                                               20,940  

   

Therefore, the net income that Smith should report from his business after considering all the cash receipts and all the expenditures associated with his business is $20,940. All the expenses are to be deducted from income.

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4 years ago
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tatuchka [14]

Answer and Explanation:

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4 years ago
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Answer:

A.

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3 years ago
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Answer:

In the following situation:

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Explanation:

First of all, she can't send someone to look for her because that would disturb both meetings. Also, if she calls her that is also going to disturb both meetings. The only way she has is to send an e-mail or an SMS to her co-worker. However, that depends on the effect people can take upon her. Nevertheless, text messages like e-mails, SMS, or direct messages don't have a high level of disturbance. Considering most people have their cellphones in silence mode.

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