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Assoli18 [71]
3 years ago
7

ssume the following: Gross salary = $120,000 Employee contributions to 401-K = $12,000 Employer match to 401-K = $5,000 Flexible

spending account savings = $2,000 Health insurance premiums paid by employee = $3,000 Health insurance paid directly by employer = $8,000 What is the W-2 taxable income?
Business
1 answer:
natita [175]3 years ago
6 0

Answer:

$103,000

Explanation:

W-2 taxable income = gross salary - employee contributions to 401-K - flexible spending account savings - health insurance paid by employee

W-2 taxable income = $120,000 - $12,000 - $2,000 - $3,000 = $103,000

Form W-2 records all the employee's taxable income including wages, salary, tips, bonuses, and other taxable compensation. It also includes all the deductibles that employees can make including 401-K contributions, health premiums and flexible spending accounts.

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What is the most common method of measuring flows of trade?
kakasveta [241]

The most common method to measure flows of trade is the comparison between the exportation of merchandise, services, and the capital of the countries.

<h3>What is trade?</h3>

Trade is the situation where the countries buy (import) from or sell (export) to the countries outside the boundaries of their own territories.

Exports referred to the scenario where one country provides goods and services to another country abroad. The comparison of goods, services, and monetary capital of foreign countries with respect to their own countries can be used as a common method to measure the trade flows.

Therefore, the exporting of goods, services, and capital to other countries is the method to determine trade flows.

Learn more about the trade from the related link:

brainly.com/question/3617318

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4 0
2 years ago
Consider the following game in which two firms decide how much of a homogeneous good to produce. The annual profit payoffs for e
inessss [21]

Answer:

Consider the following explanation

Explanation:

Context

Game theory involves two players. They have more than one option to decide. Pay off from each options adopted by two players are available. They have to select a strategy which will maximize their own return. But for optimizing their decision, they have to consider the action of his rival.

In this problem, two players are firm A and firm B. They have two strategies low output and high output. The strategies of firm a are measured in rows and for firm B in columns. They have to select a strategy which will maximize their payy off. Each cell has two pay offs. First one is for Firm A and second one is for firm B.

1. Dominant strategy is a strategy which will always give higher payoffs in comparison with pay off of other strategies. Consider first strategy of firm 1. If it adopts strategy of low output, then firm 2 can also adopt either strategy of low output or high output. In that case pay off of firm 1 will be 300 or 200.

Alteratively if firm 1 adopts high output then pay offs are 200 or 75. 200 is earned if firm B also go for low productivity. It is 75 if firm B adopts high productivity.

Now compare two payoffs side by side. Note that firm A has higher pay off in low output [300,200] in comparison with the pay off of high output [200,75]. So whatever strategy firm B adopts, Firm A will always go for low production. So low production strategy of firm A dominates high production strategy.

Same result is not observed for firm B. Pay off from low production strategy of firm B is [ 250,75]. Pay off from high production strategy are [100,100]. Now compare the two. If Firm A go for low production, then firm B will select low production. It will give pay off 250. Similarly when firm A decides for high production, then firm will also decide for high production. It will maximize its pay off. Amount is 100. Thus no strategy dominates for firm B.

5 0
3 years ago
"Noise" (in the traditional communication process) refers to: A. any distractions that reduce the effectiveness of the communica
erik [133]

Answer:

A. any distractions that reduce the effectiveness of the communication process

Explanation:

Noise is the disturbance occurs between the sender and the receiver or the sender and the audience through which the distractions of the persons could occur  

With the presence of the noise, it is very difficult to communicate with someone as there is a chance of miscommunications that reflects the reduction in the effectiveness of the communication process. It can be in terms of the sound of the machine, a mental disturbance, etc

6 0
3 years ago
A partial adjusted trial balance of Sunland Company at January 31, 2017, shows the following.
olga_2 [115]

Answer:

The balance in Salaries and Wages Payable at December 31, 2019 is $1,840

Explanation:

The computation of the balance in salaries and wages payable is shown below:

= Salaries and wages payable on January 31, 2020 - salaries and wages expense + salaries paid  in January month

= $1,140 - $2,140 + $2,840

= $1,840

The other information which is given in the question is not relevant. So, it is not considered in the computation part.

5 0
3 years ago
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A T-bill quote sheet h
VashaNatasha [74]

Answer:

1) B

2) A

3) D

Explanation:

1) Discount yield(%) = Face value - Purchase value/Face value X 360/Maturity ( in days) X 100%

Discount yield (quote) = 5.11; Face value = $10,000; Let Purchase value =  x; Maturity = 90 days

(5.11)% = $(10,000 - x)/$10,000 X 360/90 X 100%

5.11 = 400(10,000 - x)/10,000

x = 4,000,000 - 51100/400 = 3,948,900 = $9,872.25

3) Face value = $10,000; Purchase value = $9,850; Maturity = 120 days

Investor's bond equivalent yield(%) = $(10,000 - 9,850)10,000 X 360/120 X 100%

= 45/10 = 4.5%

4 0
3 years ago
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