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klio [65]
3 years ago
10

The biweekly taxable wages for the employees of rite shop follow. Compute the FICA taxes for each employee and the employers FIC

A taxes
Business
1 answer:
Vedmedyk [2.9K]3 years ago
3 0

Although you did not includes the salaries of the employees, it will be simple for you to calculate. FICA is the Federal Insurance Contributions Act, which is made up of social security and Medicare fees. For 2019, the Social Security tax rate is 6.2% on the first $132,900 wages paid. The Medicare tax rate is 1.45% on the first $200,000 and 2.35% above $200,000.

So, for every employee who earned $132,900 or less, it is calculated by multiplying the total earnings by 7.65% (6.2% social security +1.45% Medicare).

For all earnings that are between more than $132,900 and $200,000, it is calculated by multiplying the total earnings by 1.45%. (Medicare)

All earnings above $200,000 are taxed at 2.35% (Medicare).

After calculating each of the people, you will add up the total. The employer matches each of the contributions, so they are the exact same as the total of the employees.

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Albright Motors is expected to pay a year-end dividend of $3.00 a share (D1 = $3.00). The stock currently sells for $30 a share.
quester [9]

Answer:

g = 6%

so option c is correct

Explanation:

given data

dividend D = $3.00

sells = $30  

rate = 16%

to find out

what is g choose correct option

solution

we know here rate of return is express as

rate of return = D / S  + g   .............1

put here value in equation 1

rate 16% , D is dividends and S is sells

so

rate of return = dividend / sells + g

16% = 3 / 30 + g

g = 0.16 - 0.10

g = 0.06

g = 6%

so option c is correct

3 0
3 years ago
Venus Inc., a manufacturer of canned meat, tried to market its canned beef products in India. Since cows are considered sacred i
Dafna11 [192]

Answer:

cultural

Explanation:

Based on the scenario being described it can be said that this  indicates that Venus Inc. did not understand the cultural environment in India. A cultural environment are the different beliefs, practices, behaviors, and norms that exist in a society. Cows being sacred is a belief in Indian culture, and the lack of this knowledge is what caused the marketing strategy to fail.

4 0
3 years ago
Read 2 more answers
The managers in Julio's company sponsor monthly brainstorming sessions and reward employees with gift cards and recognition when
morpeh [17]

Answer:

Learning.

Explanation:

In this scenario, the managers in Julio's company sponsor monthly brainstorming sessions and reward employees with gift cards and recognition when an out-of-the box idea leads to organizational improvements.

Hence, Julio's company is an example of a learning organization.

A learning organization is one which is typically characterized by creating an enabling environment for growth, training, and development of its employees. This opportunity and incentives help employees to engage in critical and creative thinking, research, and development. Consequently, employees would become more confident, brilliant, intelligent, knowledgeable and professionals in their assigned positions or roles, thus helping the organization to achieve its aim, goals and objectives.

<em>In a nutshell, this ultimately implies that it's very important and necessary that organizations sponsor brainstorming sessions and reward employees awesomely, when an out-of-the box idea leads to organizational improvements.</em>

7 0
3 years ago
The aggregate demand curve shows the relationship between the aggregate price level and
dolphi86 [110]

Answer:

c) quantity of output demanded by households, businesses, the government, and the rest of the world.

Explanation:

quantity of output demanded by households businesses government and rest of the world, this is because real GDP is equal to the sum of four kinds of expenditure mentioned above.

3 0
3 years ago
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Consider the following questions: Which customers are most likely to renew their subscription to our service at the regular pric
inn [45]

Answer:

The correct answer is predictive analysis.

Explanation:

Predictive analysis uses historical data to predict future events. Normally, historical data is used to create a mathematical model that captures important trends. This predictive model is then used with the current data to predict what will happen next, or to suggest actions to take in order to obtain optimal results.

Predictive analysis has received a lot of attention in recent years due to advances in the technology that supports it, especially in the areas of big data and machine learning.

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3 years ago
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