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Dahasolnce [82]
3 years ago
14

Roland Purcell, a technical writer, has a gross monthly income of $2,400. His earnings to date for this year are $24,000. How mu

ch is deducted this month for Social Security? How much for Medicare? ​
Business
1 answer:
kipiarov [429]3 years ago
7 0

Answer:

Deduction for Social Security = $0

Deduction for Medicare = $348

Explanation:

Given:

Annual income = $24,000

Find:

Deduction for Social Security

Deduction for Medicare

Computation:

Deduction for Social Security is 6.2 % over $84,900.

So,

Deduction for Social Security = $0

Deduction for Medicare is 1.45%

Deduction for Medicare = $24,000 × 1.45%

Deduction for Medicare = $348

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Alecsey [184]

Answer:

The correct answer is letter "D": is the number of copies of the magazine that the publisher expects to circulate.

Explanation:

Magazines are mediums of communication characterized for focusing on providing information to a specific customer in the market. In such a scenario we can identify auto magazines, computer and electronics magazines, and cuisine magazines just to mention a few.

The drawback of magazines relies on the delay of the information portrayed since magazines are portrayed periodically -once in a week, or once in a month usually, which implies by the time magazine is printed the information portrayed might have changed.

However, <em>magazines sales managers handle a guaranteed circulation estimate that represents the expected number of copies the publisher aims to circulate.</em>

3 0
3 years ago
Society cannot produce all that it wants what is this called
xxTIMURxx [149]
It would be called scarcity.
5 0
3 years ago
You put $100 in the bank now, $200 in the bank a year from now, and $300 in the bank in two years. How much money will you have
Paul [167]

Answer:

End of year 3: $677.85

Explanation:

If the interest rate is annual effective:

Year 0 (now): $100

In a year from now I will have:

End of Year 1: $100*1,075= 107.5

Then I put $200 more, i will have $307.5

Begging of year 2: $307.5

In two years from now I will have:

End of year 2: $307.5*1.075= $330.56

Then I put $300 more, i will have $660.56

Begging of year 3: $660.56

In three years from now i will have:

$660.56*1,075= $677.85

End of year 3: $677.85

4 0
3 years ago
Town Company reported the following on its income statement:Income before income taxes $750,000Income tax expense 150,000Net inc
stellarik [79]

Answer:

D. 8.5 times

Explanation:

The interest earned ratio= EBIT/ interest

EBIT=750000+100000=850000

The Interest earned ratio= 850000/100000= 8.5 times

The correct answer is D. 8.5 times.

7 0
3 years ago
The systematic risk of the stock market is the Multiple Choice movement in a stock portfolio’s value that is attributable to the
Romashka-Z-Leto [24]

Answer:

The correct answer is option c.

Explanation:

Systematic risk is also termed as volatility or market risk. It's a risk created because of macroeconomic factors which are beyond the control of a single firm or individual.

The systematic risk associated with stock market is the non diversifiable risk in an economy.

It is a type of risk which is unpredictable and impossible to avoid.

5 0
3 years ago
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