<span>Taurus's employer must record $60.76 for unemployment compensation because his yearly pay has not yet exceeded the $7,000 cap. Taurus's oasdi tax would be $60.76 and the medicare tax total is $14.21. The total payroll tax expenses for Taurus's employer to pay is $135.73.</span>
Answer:
$680
Explanation:
Calculation to determine What would be the depreciation expense for the first year of its useful life using the double-declining-balance method
Depreciation expense=3400*(100%/10 * 2)
Depreciation expense=3400*.2
Depreciation expense= 680
Therefore What would be the depreciation expense for the first year of its useful life using the double-declining-balance method is $680
Answer:
Fixed costs that can be avoided by discontinuing the line.
Explanation:
Avoidable costs are those costs which can be eliminated by closing or rejecting a decision under evaluation. These costs are mostly variable coasts which vary with the change in activities. More activity more cost, less activity less cost and no activity no cost.
So fixed costs that can be avoidable by discontinuing the project is the only irrelevant cost between the given options.
Answer:
hello your question is incomplete here is the complete question
Suppose in the Republic of Sasquatch that the regulation of banking rested with the Sasquatchian Congress, including the determination of the reserve ratio. The Central Bank of Sasquatch is charged with regulating the money supply by using open market operations. In September 2015, the money supply was estimated to be 70 million yetis. At the same time, bank reserves were 8.4 million yetis and the reserve requirement was 12 percent. The banking industry, being "loaned up," lobbied the Congress to cut the reserve ratio. The Congress yielded and cut the reserve requirement to 10 percent.
The potential impact of this action could
a. decrease
b. increase
the money supply by ?
nothing
million yetis.
Answer : increase and million yetis
Explanation:
If the congress yields to the lobby by the banking industry and cut the reserve ratio requirement from 12 percent to 10 percent it significantly will affect the increase in money in supply by ( 1.4 million yetis )
and this increase in money supply will lead to an increase in loanable funds and this will encourage investors t take up loans in which the banking industry will benefit from interest charged on loanable funds given to the investors.
Answer:
c) Debt of $20 million and assets of $570 million
Explanation:
Line of credit increases liability in a company's Balance sheet only when it is used. Thus, PBC (Peanut Butter & Chocolate) Company will have debt of $20 Million and Assets of $570 Million
