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rusak2 [61]
3 years ago
10

2. Realized income is also known as ____. a) gross pay. b) net income. c) real income. d) descretionary income. . 3) You are pai

d $12.75/hour. You work 40 hours/week for 4 weeks. Your involuntary deductions are FICA(7.65%), federal withholding (12%) and state withholding (7%). How much is your realized income?. a) $2,040.00. b)$510.00. c) $1,496.34. d) $374.08
Business
1 answer:
iris [78.8K]3 years ago
6 0

Answer:

a) gross pay

c) $1,496.34.

Explanation:

The realized income is the amount you actually received and it is taxable. According to this, the answer is gross pay as it is the money you earn before taxes are deducted.

-Realized income:

$12.75*40= 510*4 = $2,040

FICA (7.65%)= $156,06

Federal withholding (12%)= $244,8

state withholding (7%)= $142,8

$2,040-$156,06-$244,8-$142,8= $1,496.34

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Answer:

Explanation:

The money spent on domestically produced final goods and services: is equal to GDP.

<u>Gross domestic product, or GDP, is the total value of all final goods and services produced in the economy during a given year. </u>

GDP is used as a measure of the size of an economy and can also be used to compare the economic performance in other countries.

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3 years ago
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Many organizations are concerned about the rising cost of employee benefits and question their value to the organization and to
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Answer:

Benefits that are of most prominent incentive to the employees and to the organization are as per the following:  

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4 0
3 years ago
In the last decade or so, there has been a dramatic expansion of small retail convenience stores (such as 7-Eleven, Kwik Shop, a
Vladimir79 [104]

Answer:

yes                                                                                                                                                                                                                  

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3 years ago
Standahl Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports.
avanturin [10]

Answer:

$335,428

Explanation:

The computation of the plane operating cost is shown below:

Plane Operating Cost = Fixed cost + (Variable cost per unit × quantity) + (Variable cost per unit × quantity)

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= $335,428

We only considered the planned activity as we have to compute the plane operating cost for the planning budget

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3 years ago
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