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3 years ago

Tate's annual salary is $36,460 paid twice each month. How much is

Business

1 answer:

Kazeer [188]3 years ago

8 0

Answer:

$93

Explanation:

Social security tax is a constant figure of 6.2% for each paycheck.

Tate's annual pay is $36,000. If she is paid twice per month, it means she has 24 paychecks. ( 12 months x 2 payments).

For each payment, she receives, $36,000 divide by 24 paychecks

=$36,000 /24

=$1500

Amount withheld for each paycheck is

=6.2% of $1500

=6.2/100 x 1500

=0.062 X 1500

=$93

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2 years ago

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3 years ago

Fisher Company has 1,000,000 share of common stock with a par value of $10. Additional paid-in capital totals $10,000,000 and re

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Answer:

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3 years ago

Which of the following is most likely to have inelastic demand?

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Learn more about Norms here

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1 year ago

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