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3 years ago

Which is an example of a withholding you might see on your pay stub?

2 answers:

6 0

The correct answer is C. This implies that <u>both a and b</u> are correct. Health insurance and retirement savings are examples of withholding you might see on your pay stub

It is very common today to have withholding on the employee pay stub. A pay stub by definition is a document that indicates or shows what employees earn whenever a salary is paid.

<h2>Further Explanation</h2>

The pay stub is a typical document that reveals all the important information about an employee's salary. Some of the information that a pay stub contains include

The time the employee salary was paid
It shows if there is any reduction in the salary
It also provides details about revenue at the time the salary was paid.

Employees need to keep their pay stub for reference, particularly to address any matter including illegal salary reduction. A pay stub can also contain some withholdings deducted from your gross salary.

Some of the common withholdings are:

Saving plan
Medical insurance
Retirement saving plans
Tax withholdings
Deductions that employees agreed to on their salaries

However, some of the examples of pay stub withholding include

Insurance policies
Social security tax
Medicare tax
Federal income tax

The federal insurance contribution acts (FICA) is the acts that manage the payment of social security tax and Medicare tax.

LEARN MORE:

Which is an example of a withholding you might see on your pay stub brainly.com/question/7286610
Whats the diffrence between health insurance and insurance brainly.com/question/12744362

KEYWORDS:

withholding
Health Insurance
Retirement Savings
pay stub
Medicare tax

coldgirl [10]3 years ago

3 0

A withholding you might see on your pay stub can include a retirement savings or a health insurance payment. Therefore, the answer would be C because the correct answers are both A and B. It is common for many to have a 401K or 403-B in which your employer will withhold some of your paycheck to deposit into your retirement accounts.

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3 years ago

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4 years ago

Seybert Systems accounts for its investment in Wang Engineering bonds as available-for-sale. Seybert's balance in accumulated ot

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3 years ago

Assume that a bank receives a cash deposit of $9,000 from a customer. What is the immediate impact of this transaction on the mo

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Answer:

the money multiplier = 1 / reserve ratio

in this case, the reserve ratio is 10% (required) + 10% (voluntary) = 20%, so the money multiplier = 1/20% = 5

What is the immediate impact of this transaction on the money supply?

None, since the money supply doesn't change. When a customer deposits money in a bank, the money does not increase, only its composition changes.

The maximum amount by which this bank will increase its loans from the transaction in part (a)

the bank will be able to loan ⇒ total deposit x (1 - reserve ratio) = $9,000 x (1 - 20%) = $7,200

The maximum increase in the money supply that will be generated from the transaction in part

since the banks started to "create" money by lending the money, the money supply will increase by ⇒ total deposit x (money multiplier - 1) = $9,000 x 4 = $36,000

Assume that the government increases spending by $9,000, which is financed by a sale of bonds to the central bank. Indicate what will happen to the money supply.

The money supply will increase.

Explain what will happen to the money demand.

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4 years ago

A firm is considering two mutually exclusive projects, X and Y, with the following cash flows:

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Answer: MIRR (project x ) = 3.42% , Project Y = 4.51%

Explanation:

Modified internal Rate of return

Project X

Period (n) = 4

Weighted Average Cost of equity(WACC) = 8.0%

Cash out flow = -$1000

Cash Inflows = $100 year 1 , $280 year 2 , 370 year 3 ,$700 year 4

Present Value Cash Inflows = PVCIF = Cash Inflow/(1+WACC)^n

PVCIF = 100/(1+0.08)^1 + 280/(1+0.08)^2 + 370/(1+0.08)^3 + $700/(1+0.08)^4

PVCIF = 95.592592593 + 240.05486968 + 293.71792918 + 514.5208969

Present Value of Cash inflows (PVCIF) = $1143.8862884

Present Value of Cash out flows(PVCOF) = -$1000

Modified Internal Rate of Return (MIRR) = $\sqrt[n]{\frac{PVCIF}{PVCOF} } -1$

Modified Internal Rate of Return (MIRR) = $\sqrt[4]{\frac{1143.8862884}{10000} } -1$

Modified Internal Rate of Return (MIRR) = 0.034178971

Modified Internal Rate of Return (MIRR) = 3.41789971 = 3.42%

Project Y

Period (n) = 4

Weighted Average Cost of equity(WACC) = 8.0%

Cash out flow = -$1000

Cash Inflows = $1100 year 1 , $110 year 2 , $50 year 3 ,$55 year 4

Present Value Cash Inflows = PVCIF = Cash Inflow/(1+WACC)^n

PVCIF = $1100/(1+0.08)^1 + $110/(1+0.08)^2 + $50/(1+0.08)^3 + $55/(1+0.08)^4

PVCIF = 1018.5185185 + 94.307270233 + 39.691612051 + 40.42641904

Present Value of Cash inflows (PVCIF) = $10192.9438198

Present Value of Cash out flows(PVCOF) = -$1000

Modified Internal Rate of Return (MIRR) = $\sqrt[n]{\frac{PVCIF}{PVCOF} } -1$

Modified Internal Rate of Return (MIRR) = $\sqrt[4]{\frac{1192.9438198}{10000} } -1$

Modified Internal Rate of Return (MIRR) = 0.0450931421

Modified Internal Rate of Return (MIRR) = = 4.50931421 = 4.51%

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3 years ago