Given that Jenny earned $44,500 in 2016.
Her contribution to the Social Security is given by: 6.2% of $44,500 = 0.062 x 44500 = $2,759
Her employer's contribution to the Social Security is given by: 6.2% of $44,500 = 0.062 x 44500 = $2,759
Her contribution to the medicare is given by: 1.45% of $44,500 = 0.0145 x 44500 = $645.25
Her employer's contribution to the Social Security is given by: 1.45% of $44,500 = 0.0145 x 44500 = $645.25
Therefore, her total FICA tax is 2(2,759) + 2(645.25) = $5,518 + $1,290.50 = $6,808.50
The entry to record this event would include a LOSS OF $40,000.
The equipment original cost = $420,000
Accumulated depreciation = $200,000
Selling price = $180,000
Loss = 180,000 - [420,000 - 200,000]
= 180,000 - 220 = - 40,000
Thus, a loss of $40,000 was experienced in the sale of the equipment.
If the choices are the following,
a. The sophisticated city look that reflects his business life.
b. Barefoot and serene tropical decor to reflect the lifestyle he wishes he had.
c. Plain, non-stylized environment, neither city nor tropical, so that he won't be reminded of his conflicts.
d. Redefined traditional look with one or two large tropical accessories.
then, choice (b) is correct. Since he wishes to live on a tropical island, it would be best if the decorating plans fit his wishes. By that, he relieves himself from the stress of city life.
Answer:
(a) True
Explanation:
Knowledge of interest rates helps to manage corporate profits and security prices. Understanding of the relationship between security prices, interest rates and corporate profits is key for cooperate growth.
Answer:
Humus is readily leached from the B horizon in weakly acidic, soil solutions.
The above statement is not true.
Explanation:
Humus is formed from the <em>action of microbes on decaying plant and animal substances</em> and is found at the topsoil (A horizon) <em>above the subsoil (or the B horizon)</em>.
It has a characteristic dark brown color and contains high amount of nutrients and is <em>usually found in warm humid regions.</em>
