Answer:
Altogether, there is $824,900 recieved!
Explanation:
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Answer:
C. Jones may not join the board because the rules prohibit all firm professionals from serving as a director of a client.
The current price of the stock is $68.04. The most recent price at which a security was sold on an exchange is the current price.
<h3>Does the market price match the present pricing?</h3>
Both buyers and sellers use the current price as a benchmark. The asking price is a good reflection of current worth, but depending on supply and demand, the actual selling price could be greater or lower.
The current price, often known as the "market price," is the cost that was most recently exchanged for a share or unit of security, coin, good, or precious metal that is traded on an exchange. The market capitalization, or "market cap," of a firm is calculated using the market price per share.
Given:
Current Price = D1/(ke - g)
D1 = 3.10 × (1 + .0425)
ke = 9%
g = 4.25%
Current price = 3.10 × (1+.0425)/(9% - 4.25%) = $68.04
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Answer:
1)
![\left[\begin{array}{cccccc}$department&$salaries&OASDI&HI&SUTA&FUTA\\$office&22,760&1,411.12&341.4&280&42\\$sales&65,840&4,082.08&987.6&280&42\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccccc%7D%24department%26%24salaries%26OASDI%26HI%26SUTA%26FUTA%5C%5C%24office%2622%2C760%261%2C411.12%26341.4%26280%2642%5C%5C%24sales%2665%2C840%264%2C082.08%26987.6%26280%2642%5C%5C%5Cend%7Barray%7D%5Cright%5D)
2) payroll expense entries:
payroll expense 2063.14
Medicare payable 330.02
Social Security payable 1411.12
SUTA 280
FUTA 42
--------------------------------------------
payroll expense 5358.76
Medicare payable 954.68
Social Security payable 4082.08
SUTA 280
FUTA 42
Explanation:
![\left[\begin{array}{cccccc}$department&$salaries&OASDI&HI&SUTA&FUTA\\$office&22,760&1,411.12&341.4&280&42\\$sales&65,840&4,082.08&987.6&280&42\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccccc%7D%24department%26%24salaries%26OASDI%26HI%26SUTA%26FUTA%5C%5C%24office%2622%2C760%261%2C411.12%26341.4%26280%2642%5C%5C%24sales%2665%2C840%264%2C082.08%26987.6%26280%2642%5C%5C%5Cend%7Barray%7D%5Cright%5D)
We apply for each department the tax rate. Notice SUTA and FUTA have a ceilling of 7,000 so we do not apply the rate to the whole amoung but, for the 7,000 ceiling.
false,since the less the number the more cohesion