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Oliga [24]
3 years ago
5

Why are companies required to perform payroll withholding?

Business
2 answers:
kodGreya [7K]3 years ago
4 0
Companies required to perform payroll withholding for them to be able to make sure that their employees pay correct taxes. This is also to avoid later issues that may occur against them if BIR will know that they have employees who were not paying taxes.
Burka [1]3 years ago
3 0

Answer:

Hagrid is correct

Companies required to perform payroll withholding for them to be able to make sure that their employees pay correct taxes. This is also to avoid later issues that may occur against them if BIR will know that they have employees who were not paying taxes.

Explanation:

have a nice day

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Which of the following is true of both paying with a check and paying with a debit card?
Naddik [55]
The "C) When used, both take money directly out of a bank account" statement is true of both paying with a check and paying with a debit card. Paying with a check and paying with a debit card have a similar trait to its function. Both of the payment methods are used for the daily transaction and the user has to have enough balance in the bank account in order to execute payments<span>.</span>
7 0
3 years ago
Which in the list below has very limited influence in a pure market economy? A.) women B.) individuals C.) economists D.) the go
kotegsom [21]
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3 years ago
The following cost data pertain to the operations of Rademaker Department Stores, Inc., for the month of March. Corporate headqu
TEA [102]

Answer:

The answer is c. $40,700.

Explanation:

The direct costs of the Cosmetics Department are all the costs which are incurred for the operations & revenue generating activities of the Cosmetics Department only; which may be incurred at the Department itself or at other Department(s)/Store(s) which the purposes are for serving the Cosmestic Department.

Thus, these costs include the following cost items:

Cosmetics Department sales commissions--Northridge Store +  Cosmetics Department cost of sales--Northridge Store + Cosmetics Department manager's salary = $5,160 + $31,300 + $4,240 = $40,700.

So, the answer is c. $40,700

3 0
3 years ago
The amount a person earns before deducting any taxes other than voluntary deductions is called?
Vera_Pavlovna [14]

Answer: Gross pay is the amount of money your employees receive before any taxes and deductions are taken out. For example, when you tell an employee, “I'll pay you $50,000 a year,” it means you will pay them $50,000 in gross wages.

6 0
3 years ago
Read 2 more answers
Marshall has received an inheritance and wants to invest a sum of money today that will yield $4,800 at the end of each of the n
In-s [12.5K]

Answer:

B

Explanation:

We are to find the present value of the annuity

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow each year from year 1 to 10 = $4,800

I = 5%

Present value = 37,064.16

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

3 0
3 years ago
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