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Umnica [9.8K]
3 years ago
7

Olivia’s employer deducts an amount from her paycheck for the Medicare program. What type of withholding is being deducted from

Olivia’s paycheck?
Business
2 answers:
spayn [35]3 years ago
8 0

Medicare is a federal health insurance program for US citizens who are about 65 of the age and older. Certain younger people with physical disabilities are eligible for Medicare as well. Keep in mind the program doesn’t cover the entire cost of medical treatment.

otez555 [7]3 years ago
4 0

Answer:

Social Security withholding

Explanation:

Social security refers to any program of the government put in place to render financial help to low or no income earners. In the US, it is referred to as a social safety net or welfare.

Medicare program in the US falls in the category of social security because it assist elderly people in the US with the age of 65 and above to receive health insurance.

Therefore, the deduction from Olivia’s paycheck for Medicare program is social security withholding.

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Sydnee would like a chart to appear once in her report, but she is having trouble making this occur. She does not understand why
sammy [17]

Answer:

The chart is placed in a database with five groups.

Hope this helped.

7 0
3 years ago
Frazer Corp sells several products. Information of average revenue and costs is as follows: Selling price per unit $28.50 Variab
mart [117]

Answer:

$186,980

Explanation:

the operating income is reduced by $186,980

5 0
3 years ago
Page Enterprises has bonds on the market making annual payments, with nine years to maturity, and selling for $948. At this pric
IrinaK [193]

Answer:

Coupon rate is 5.17%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Assuming Face value of the bond is $1,000

Face value = F = $1,000

Selling price = P = $948

Number of payment = n = 9 years

Bond Yield = 5.9%

The coupon rate can be calculated using following formula

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

5.9% = [ C + ( $1,000 - $948 ) / 9 ] / [ ( $1,000 + $948 ) / 2 ]

5.9% = [ C + $5.78 ] / $974

5.9% x $974 = C + $5.78

$57.466 = C + $5.78

C = $57.466 - $5.78 = $51.686

Coupon rate = $51.686 / $1,000 = 0.051686 = 5.17%

4 0
3 years ago
In a recent year, U.S. advertisers spent $60 billion on television advertising. This number made up 40 percent of total advertis
N76 [4]

Answer: $90

Explanation:

Let x = Total advertising cost (in billions).

Given: U.S. advertisers spent on television advertising = $60 billion = 40 percent of total advertising.

i.e. 0.40x= 60

\Rightarrow\ x=\dfrac{60}{0.40}\\\\\Rightarrow\ x= 150

i.e. Total advertising cost = $150 billions

The amount spent by U.S. advertisers on all other forms of advertising = (Total advertising cost) - (Amount spent on spent on television advertising)

= $(150-60)

= $90

Hence, the amount spent by U.S. advertisers on all other forms of advertising = $90

8 0
3 years ago
Read 2 more answers
Trent Automobiles Inc. was expecting a large shipment of scrap metal a week earlier. As the shipment did not arrive on time, the
elena-s [515]

Answer:

Lack of efficiency.

Explanation:

As Trent Automobiles Inc. was expecting a large shipment of scrap metal and due to the fact that it could not arrive on time, the only way to compensate the loss was to make an urgent order for same quantity of scrap metal from a local manufacturer, which led the company to compromise on the quality. If proper track was kept and all the upcoming scenarios had been calculated before hand with a ready substitute raw materials before hand, this would have been not the result. Thus, this indicates a complete lack of efficiency from the side of management of the company.

8 0
4 years ago
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