1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Citrus2011 [14]
2 years ago
13

Assuming a FICA tax rate of 7.65% on the first $117,000 in wages, 1.45% on amounts in excess of $117,000, and a federal income t

ax rate of 20% on all wages, what would be an employee's net pay for the year if he earned $180,000 for the year
Business
1 answer:
Sergeeva-Olga [200]2 years ago
6 0

Answer:

Net pay   $134,136

Explanation:

The computation of the net pay for the year is given below:

Gross Pay                $180,000

Less:

FICA taxes  

On $117000 = 7.65%   $8,950.5  

On (($180,000 - $117,000) × 1.45%) $913.5

Federl income tax  (20% of $180,000)  $36,000

Net pay   $134,136

You might be interested in
WHOEVER ANSWERS THIS IN 2 MINS GETS BRAINLIEST!!
Travka [436]

Answer:

I answered this in your other question However... Different countries have different advertising/promotional laws. Plus you have no target market if you're creating a promotional message to use for all countries. Also, assuming if your promotional message inspired, say a person in Africa, a person in Russia, a person in China, and a person in Japan bought a product from your promotion, you would have to ship to all of those countries with extreme shipping rates.

4 0
3 years ago
What is a retail Growth potential?
mr Goodwill [35]

Answer:

decisions related to allocating available resources among different target markets and retail formats

Explanation:

7 0
2 years ago
Please answer asap NO LINK PLS
Fynjy0 [20]
Thanks you for helping me with the link
8 0
3 years ago
The Up and Coming Corporation's common stock has a beta of 0.92. If the risk-free rate is 0.01 and the expected return on the ma
SIZIF [17.4K]

Answer:

The company's cost of equity capital is 0.056

Explanation:

cost of equity capital

= risk free rate + beta*(expected return on market - risk free rate)

= 0.01 + 0.92*(0.06 - 0.01)

= 0.056

Therefore, The company's cost of equity capital is 0.056

3 0
3 years ago
There may be a great deal of interaction between a service provider and a consumer in which they co-create value together. In su
KatRina [158]

The blank will be filled by services.

<h3>What do you mean by services?</h3>

Services are intangible activities or advantages that a business offers to meet customers' demands in exchange for cash or other valuables.

<h3>Which should be fill in blank?</h3>

There may be a great deal of interaction between a service provider and a consumer in which they co-create value together. In such situations, the customer perceives a high degree of Blank services between the service provider and the company he or she represents.

Learn more about services here brainly.com/question/24553900

#SPJ4

6 0
2 years ago
Other questions:
  • The mass of the box is 5kg (the mass center is located in the middle of the box), the mass of a lower arm plus a hand is 1.5 kg
    8·1 answer
  • Which of the following best describes the purpose of child labor laws?
    6·1 answer
  • Charlene has a monthly salary of $3,410. With her present budget, Charlene has a net income that is 7% of her monthly salary. Ch
    5·1 answer
  • Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $2,990,000 (230,00
    9·1 answer
  • Select the answer that best describes what happens when shareholders receive a series of distributions, not part of an installme
    14·1 answer
  • HIGH SCHOOL
    13·1 answer
  • the ____ is a federal government agency that offers both managerial and financial assistance to small businesses
    10·1 answer
  • A regular checking account commonly earns interest true or false
    10·2 answers
  • The most important tax rate for determining an individual's incentive to work is the _____ tax rate.
    10·1 answer
  • A self-employed individual makes $200,000 per year. to which type of retirement plan can the maximum contribution be made?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!