Answer:
B) $77,350
Explanation:
Gross payroll=$100,000
Social Security taxes =6.20%
6.20/100×$100,000
=0.062×$100,000
=$6,200
Medicare taxes = 1.45%.
1.45/100×$100,000
=0.145×$100,000
=$1,450
federal and state income tax =15%
15/100×$100,000
=0.15×$100,000
=$15,000
Total Withholdings=
$6,200+$1,450+$15,000
=$22,650
Total employee compensation= Gross earnings-total withhold
=$100,000-$22,650
=$77,350
Answer:
I believe it is progressive taxes.
Explanation:
Taxes under the Federal Insurance Contributions Act (FICA) are composed of the old-age, survivors, and disability insurance taxes, also known as social security taxes, and the hospital insurance tax, also known as Medicare taxes.
Answer:
(a) INDICATOR OF FRAUD
Explanation:
The reason is that the supervisor has an outside business setup related to the department's setup which gives rise to a conflict of interest.
A secured loan is the answer
Answer: the ALSA management team must understand the importance of social media in their work because of globalization. People can work from one country to another country through social media. Through social media you can get answer to your problems at work quickly.
Explanation:
