Answer: assuming Given the pay rate $7.0 and hours worked is 30 hours
Gross earnings = 7 x 30 = $210
Compensation insurance = 2% x $210 = $4.2
state unemployment insurance = 4% x $210 = $8.4
total deductions = 4.2 + 8.4 = $12.6
net pay = 210 - 12.6 = $197.4
Explanation:
Gross earnings = the pay rate x hours worked
Compensation insurance = 2% of gross earnings
unemployment insurance = 4% of gross earnings
total deductions = Compensation insurance+unemployment insurance
net pay = Gross earnings - otal deductions
Answer:
c. $12,175,000.
Explanation:
Given: Merchandise sold by Lang company= $12520000.
Sales return and allowances= $270000.
Discount= $140000.
While calculating net sales, freight out charges is not included as it an selling expense and it should be included while calculating Gross profit of the company.
Here, we have to find the last year net sales for Lang company.
∴ 
⇒ Net sales = 
∴Net sales= 
Answer:
Pharaoh will have to pay $1,084.47 for every outstanding bond that it retires.
Explanation:
if the market rate is 9.5%, then the price of outstanding bonds is:
PV of face value = $1,000 / (1 + 4.75%)¹⁴ = $522.21
PV of coupon payments = $55 x 10.22283 (PV annuity factor, 4.5%, 14 periods) = $562.26
market price = $1,084.47
In cases where an organization decrease it economic activity and have major cutbacks, it is expected that employees will be laid off. Laying off may lead to an increase of unemployment rate in a certain country in which it will have bigger scale of effects in taxes, bills to pay and as especially if they have families or dependents.
Answer:
The correct answer is: monetary value of all final goods and services produced within the borders of a nation in a particular year.
Explanation:
GDP of a nation can be defined as the monetary value of all the goods and services that are produced within the geographical boundaries of the nation in a year.
The GDP does not include intermediate goods and services as it may lead to double counting. The reselling of objects is also not included.
It is used to measure the health of a nation's economy. It shows the level of economic activities in a nation. An increase in GDP means economic growth.
