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
d1i1m1o1n [39]
3 years ago
5

Rock Adventures has 15 employees each working 40 hours per week and earning $30 an hour. Federal income taxes are withheld at 15

% and state income taxes at 6%. FICA taxes are 7.65% and unemployment taxes are 3.8% of the first $7,000 earned per employee. What is the actual direct deposit of payroll for the first week of January
Business
1 answer:
Maslowich3 years ago
4 0

Answer:

the actual direct deposit payroll is $12,843

Explanation:

The computation of the actual direct deposit payroll is shown below;

= Total salary - withholdings

= (15 × 40 × $30) - Federal income tax - state income tax - FICA tax

= $18,000 - ($18,000 × 0.15) - ($18,000 × 0.06) - ($18,000 × 7.65%)

= $12,843

Hence, the actual direct deposit payroll is $12,843

Basically we applied the above formula

You might be interested in
Currency (paper money plus coins) constitutes about: ____________
kirza4 [7]

Answer:

a. 57 percent of the U.S. M1 money supply.

7 0
2 years ago
Personal selling requires the ________ flow of communication between a buyer and a seller, often in a face-to-face encounter, de
Free_Kalibri [48]

Answer:

Two-way flow

Explanation:

Personal selling is one of the methods used by salespeople to drive sales. It involves face-to-face interaction with customers who are persuaded to purchase the product.

This method relies heavily on effective communication mostly the two-way flow of communication.

Two-way flow of communication means that when a message is conveyed to the customer there is feedback to the salesperson. The feedback is used to decide the best course of action to be taken in order to complete the transaction

7 0
3 years ago
Mr. Green purchased a property with the provision in the sale agreement that the seller would provide him with a warranty deed.
natima [27]

Answer:

specific performance

Explanation:

  • Specific performance in relation to confidential information is commonly used as a prohibition relief
  • Specific performance is the equivalent compensation in contract law, under which a party issues orders requiring a party to perform a specific action, which is the execution of the contract.
  • It is usually available for sale under the Land Act, but is generally not available if the damage is an appropriate option.
  • If the seller fails to sell or the property is handed over to the seller, the buyer receives a specific performance under the provisions of the Specific Relief Act, 1963.
  • A similar right is available under the seller. The contract requires specific performance from the buyer.
3 0
3 years ago
The following information relates to the manufacturing operations of the JNR Printing Company for the year: Beginning Ending Raw
grin007 [14]

Answer: $117,000

Explanation:

So we are to calculate the Raw Materials purchased during the year.

Logically speaking the following should hold,

Raw materials purchased during the year + beginning raw materials = ending Raw materials + Raw materials used

Agreeing on that and rearranging the formula we will have,

Raw Material purchased during the year = Raw Material used during the year + Ending Raw Material Inventory - Opening Raw Material Inventory

Slotting in the figures we will then have,

Raw Material purchased during the year = 114,000 + 56,000 - 53,000

= $117,000

Raw materials purchased during the year amount to $117,000.

8 0
3 years ago
What is Laissez faire ?
Zinaida [17]
We had it and lost it due to the concepts that people thought businesses had to much free reign to do what they wanted so the government started passing regulations de facto giving the freedom that businesses had and making it power for the government.


4 0
3 years ago
Read 2 more answers
Other questions:
  • Blue Spruce Corp. uses the percentage-of-receivables basis to record bad debt expense and concludes that 2% of accounts receivab
    13·1 answer
  • The value of all taxes collected by the various levels of government in the united states is
    10·1 answer
  • What does a company's customer service department do?
    14·1 answer
  • 1. The textbook describes how Political, Economic, and Cultural factors can influence international logistics. In terms of compl
    5·1 answer
  • 4. Operating Cash Flow [L02] In comparing accounting net income and operating cash flow, name two items you typically find in ne
    8·1 answer
  • Hatter Company purchased land, a building, and equipment for $450,000 on January 1, Year 1. The land had an appraised value of $
    10·1 answer
  • Vanguard is evaluating new potential investments to add to their international investment fund. Their current fund composition b
    13·1 answer
  • What is missing from this goal that is preventing it from being a SMART goal?
    13·1 answer
  • Four companies computed their days' sales in inventory as follows: Company A: 47.2 Company B: 36.5 Company C: 45.1 Company D: 39
    6·1 answer
  • A stock currently sells for $49. the dividend yield is 3.8 percent and the dividend growth rate is 5.1 percent. what is the amou
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!