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statuscvo [17]
3 years ago
13

A characteristic of FICA is that:

Business
1 answer:
stepladder [879]3 years ago
8 0

Answer:

The correct answer is letter "A": None of these.

Explanation:

The Federal Insurance Contributions Act (FICA) is a U.S. law that requires a paycheck deduction to be paid to Social Security and Medicare. Employers and employees share half the payments. Self-employed people are responsible for the entire tax amount.

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Machine data makes up for more than ___% of the data accumulated by organizations.
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The answer is more than 90%.
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Which business document is a contract that defines the tasks, time frame, and deliverables that a vendor must perform for a clie
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3 years ago
Chana made a $75,000 interest-free loan to her son, Trey, who used the money to retire a mortgage on his personal residence. Tre
alexandr402 [8]

Answer:

D) $0

Explanation:

Family loan of $100,000 or less, the amount of the imputed interest income is the lesser of the computed imputed interest

$75,000 × .05 = $3,750

or make use of Trey's net investment income of $940,However, since the net investment income $940 is less than $1,000, the imputed interest may be ignored; so, Chana will not include any amount as interest income as a result of this transaction.

6 0
3 years ago
Cost-push inflation can be described as a rightward shift of the aggregate supply curve.
Assoli18 [71]
Cost push inflation is caused due increase in cost of factor of production which leads to decrease in aggregate supply.
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3 0
3 years ago
Assume you can earn 9 % per year on your investments. a. If you invest $ 100 comma 000 for retirement at age​ 30, how much will
alekssr [168]

Answer:

(a) future value = $2041396.79

(b) future value = $862308.06

(c) financially suggest to invest early so that here amount  fetch maximum returns

Explanation:

given data

rate = 9%

solution

when we invest = $100,000

time t = 35 year

so we get here future value FV

FV = Present value × (1+r)^{t}  ...................1

FV = $100,000 × (1+0.09)^{35}  

FV = $2041396.79

and

when time will be 25 year

future value will be

FV =  Present value × (1+r)^{t} .................2

Fv = $100,000 × (1+0.09)^{25}

FV = $862308.06

and

we can see difference is large because of the compounding effect

so  the financially suggest to invest early so that here amount  fetch maximum returns

6 0
4 years ago
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