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Andrei [34K]
2 years ago
5

An employee has​ year-to-date earnings of . The​ employee's gross pay for the next pay period is . If the FICAOASDI is ​% and th

e wage base is ​, how much FICAOASDI tax will be withheld from the​ employee's pay?​ (Answer is rounded to whole​ dollar.)
Business
1 answer:
taurus [48]2 years ago
5 0

Answer:

$192

Explanation:

Calculation for how much FICA-OASDI tax will be withheld from the employee's pay?

FICA-OASDI tax=($117,000-$113,900)*6.2%

FICA-OASDI tax=$3,100*6.2%

FICA-OASDI tax=$192

Therefore how much FICA-OASDI tax will be withheld from the employee's pay is $192

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Megg Stallion wants to open an account with a balance of about 300, issued checks 50, and makes 6 deposits each month. Which ban
Zigmanuir [339]

Answer: Regular checking account with a monthly fee $4 for an unlimited number of checks,no monthly balance required and no interest earning.

Explanation:

I searched further online and got the options. The correct option will be "Regular checking account with a monthly fee $4 for an unlimited number of checks,no monthly balance Required and no interest earning"

Since Megg has an opening balance of 300, she can't open a account that requires a minimum balance of 400. Likewise, it'll be unwise to charges $6 monthly when the balance in the account falls below 300.

Therefore, she should open this account with a monthly fee of $4 and no minimum monthly balance required since the cost of keeping the account is cheaper and better than others.

8 0
3 years ago
On November 1 of the current year, Rob Elliot invested $29,750.00 of his cash to form a corporation, GGE Enterprises Inc., in ex
slavikrds [6]

Answer:

1. What is the amount of profit or loss during December?

  • $9,300

2. What were the total expenses for December?

  • $12,950

3. How much was paid for rent?

  • $1,220

Explanation:

we are missing some numbers, so I looked for a similar question. I found one that was almost identical, but the amount of initial paid in capital varied by a little bit. I still used it with the only difference that I used the given common stock, not the common stock that appears in the picture.

Common stock $29,750

retained earnings for November = $5,000

total assets = $56,150

total stockholders' equity = $38,300

retained earnings = $38,300 - $29,750 = $8,550

  • $5,000 from November
  • $3,550 from December

December's profit = $3,550 (retained earnings) + $5,750 (dividends) = $9,300

income statement = $27,250 - total expenses = $9,300 + $5,000 = $14,300

total expenses = $27,250 - $14,300 = $12,950

utilities expense = $12,950 - $6,450 - $4,625 - $1,220 = $655

3 0
3 years ago
Raul, the CEO of Color Paints Inc. noticed that their plant loses considerable time daily because the assembly line has to be cl
ValentinkaMS [17]

Answer:

cross-functional team

Explanation:

According to my research on different team organizational structures, I can say that based on the information provided within the question this team exemplifies a cross-functional team. This type of team is defined as a team of various people all of which are experts in different areas but yet are all working together towards the same goal. Which is what the employees of Color Paints Inc. are exhibiting.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
How was big business regarded by the harding, coolidge, and hoover administrations? as something that had a responsibility to al
alukav5142 [94]

Answer:

As america's most important strength.

Explanation:

In the 1920s the wealthiest Americans (top 5%) earned around one third of the nation's income.

Back then, the working middle class was not the largest social class in the nation, most Americans should have been considered poor, while a small but very powerful and influential upper class existed. No politician would have dared to even suggest limiting the influence and power of the rich people (the owners of big businesses).

8 0
3 years ago
What does limited liability for investors imply in a public stock company?
Elina [12.6K]
Restricted risk will be a kind for Risk that doesn't surpass the measure put resources into an association or restricted risk shares of the organization. Those restricted risk characteristic may be a standout amongst the greatest points of interest for Contributing in publicly recorded organizations. Same time An shareholder could take an interest wholly in the development of a company, as much alternately her obligation will be confined of the amount of the financing in the company, regardless of it thusly dives bankrupt and need remaining obligation commitments. 
8 0
3 years ago
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