In dealing with moral dilemmas involving people, products, prices, and profits, organizations typically reflect one of these thr
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The net pay of Marilyn will increase by $18.15 due to the increase in the federal withholding allowances from 3 to 4.
<h3>The computation of net pay considering various federal withholding allowances</h3>Given,
Gross pay =$810
3 Federal withholding allowances =$37 (taken from the reference table)
4 Federal withholding allowances =$22 (taken from the reference table)
Federal state tax rate =21%
First, the state tax rate and the total amount of withholding for 3 Federal withholding allowances are computed:
Now, the state tax rate and the total amount of withholding for 4 Federal withholding allowances are computed:
The difference in the net pay will be the difference between $44.77 and $26.62, which is $18.15.
Therefore, Marilyn withholding will decrease from $44.77 to $26.62 that is increasing the net pay by $18.15
Learn more about federal-state tax, refer to the link:
Answer:
50% share.
Explanation:
Given:
There are only three firms in a market.
The largest firm has sales of $500 million.
The second-largest has sales of $300 million.
The smallest has sales of $200 million.
Question asked:
The market share of the largest firm is ?
Solution:
As we know:
Total sales of the largest company = $500 million.
Total sales of the market = Sales of largest firm + Sales of second largest firm+ Sales of smallest firm
Total sales of the market = $500 million + $300 million + $200 million
= $1000 million
Therefore, the market share of the largest firm is 50%.