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3 years ago

What information appears on a pay stub?

Business

1 answer:

Ira Lisetskai [31]3 years ago

7 0

Answer:

salary prior to taxes and tax deductions.

Explanation:

A pay stub usually referred to as a pay slip or paycheck stub is the financial document that lists the amount of money an employee is paid. It is generally issued by the employers for each

pay period.

Pay stub gives a detailed information about total earnings of an employee for the pay period, tax deductions from the total as well as the net pay after deductions.

Federal Insurance Contributions Act (FICA) is usually written on all pay stubs, which is an indication of an employee's contribution to Medicare and Social Security.

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Larkspur Inc. wishes to lease machinery to Thiensville Company. Thiensville wants the machinery for 4 years, although it has a u

Leni [432]

Answer:

Annual lease payment = $6874.69

Explanation:

Computation of annual rental payment:

Residual value = 28000

present value (6%,4Yr) = 0.79209

Present value = 28000 x 0.79209

present value of residual value = $22178.52

Fair value of machine = $46000

Less: present value of residual value =22178.52

Amount recover from lease = Fair value of machine minus present value of residual value

Amount recover from lease = $46000 - $22178.52

Amount recover from lease = $23821.5

Annual lease payment = Amount to be recover from lease divided by present value Annuity factor (6%,4yr)

Annual lease payment = 23821.5/3.46510

Hence,

Annual lease payment = $6874.69

8 0

3 years ago

When trading with more developed countries, less developed countries have a comparative advantage in the production of all goods

stealth61 [152]

Answer:

less developed countries do not have a comparative advantage in the production of any goods or services.

Explanation:

Usually less developed countries do not have a full developed production

7 0

3 years ago

Sally has a credit card balance of $500 . The credit card company charges a nominal interest rate of 16 percent a year on unpai

Nata [24]

Answer:

10.48%

Explanation:

Real interest rate = (1 + nominal interest rate) / (1 + inflation rate) - 1

1.16/1.05 - 1 = 10.48

Nominal interest rate is real interest rate plus inflation rate

Real interest rate is interest rate that has been adjusted for inflation

5 0

3 years ago

The basic principles that govern behavior and help people determine right from wrong are __________.

Firdavs [7]

“Morals” I’m pretty sure is what you are looking for.

3 0

4 years ago

Sugar Corp has a selling price of $25, variable costs of $10 per unit, and fixed costs of $30,000. Maple expects profit of $305,

Dima020 [189]

Answer:

Profits will be $22.495 higher.

Explanation:

Profit is the difference between sales and cost

Profit= price* sales -((Variable cost * sales) +Fixed cost)

First we have to get the sales when we have $305,000 of profit.

Profit -Fixed cost= price* sales -(Variable cost * sales)

Profit -Fixed cost= (price -Variable cost) * sales

(Profit -Fixed cost)/(price -Variable cost) = sales

Sales=(Profit -Fixed cost)/(price -Variable cost)

Sales=(305,000 -30,000)/(25 -10)

Sales=275,000/15=18.333

If Sugar sells 5,500 units more than expected

Then, new sales are:

Sales=18.333+5,500=23.833

Profit= price* sales -((Variable cost * sales) +Fixed cost)

Profit²= 25* 23833 -((10 * 23833) +30000) =327.495‬

Improvement= Profit -Profit²=$305,000-327.495‬= $22.495

4 0

4 years ago

Read 2 more answers