All categories

3 years ago

Which of these results in a lower net income?

2 answers:

7 0

I think the correct answer from the choices listed above is the third option. It is the withholdings that result in a lower net income. A withholding tax, also called a retention tax, is a government requirement for the payer of an item of income to withhold or deduct tax from the payment, and pay that tax to the government.

Stella [2.4K]3 years ago

6 0

Hello there,

Which of these results in a lower net income?

withholdings

You might be interested in

katie, a salesperson for so1 computers, is faced with an objection from one of her prospects. the prospect says that the fraphic

xz_007 [3.2K]

Complete question reads;

Katie, a salesperson for Sol Computers, is faced with an objection from one of her prospects. The prospect says that the graphics of the computers do not meet his requirements. Katie listens to the objection and makes it known to her prospect that she has received the message. According to the LAARC method, which of the following should Katie do next?

(A) Continue listening

(B) Assess the objection

(D) Respond to the objection

(E) Change the subject of the conversation

Answer:

(B) Assess the objection

Explanation:

Remember, the LAARC method an acronym fully means;

Step 1: LISTEN,

Step 2: ACKNOWLEDGE,

Step 3: ASSESS,

Step 4: RESPOND,

Step 5: CONFIRM.

So, at this point according to the LAARC method, Katie should access the objection by getting a sense of why the prospect feels the computer does not meet requirements. Her ultimate goal is to try and ensure a sale of the computer.

3 0

3 years ago

Jonathan is applying for a new credit card. His credit rating is average. Which APR should he expect after the introductory peri

Nadusha1986 [10]

Answer:

10.99

Explanation:

8 0

3 years ago

The following totals for the month of June were taken from the payroll records of Seminole Company: Salaries, $100,000 FICA taxe

tekilochka [14]

Answer:

Given that,

Salaries = $100,000

FICA taxes withheld = $7,650

Income taxes withheld = $18,000

Federal unemployment taxes = $450

State unemployment taxes = $2,100

Therefore,

Payroll Tax Expense:

= FICA taxes withheld + Federal unemployment taxes + State unemployment taxes

= $7,650 + $450 + $2,100

= $10,200

The journal entry is as follows:

Payroll Tax Expense A/c Dr. $10,200

To FICA taxes withheld $7,650

To Federal unemployment taxes $450

To State unemployment taxes $2,100

(To record accrual of employer’s payroll taxes)

6 0

3 years ago

You have the following data on three stocks: Stock Standard Deviation Beta A 20% 1.59 B 30% 1.71 C 25% 1.29 If you are a strict

finlep [7]

Answer:

B;A

Explanation:

You have the following data on three stocks: Stock Standard Deviation Beta A 20% 1.59 B 30% 1.71 C 25% 1.29 If you are a strict risk minimizer, you would choose Stock B if it is to be held in isolation and Stock A if it is to be held as part of a well-diversified portfolio.

5 0

4 years ago

Springer Products manufactures three different product lines, Model X, Model Y, and Model Z. Considerable market demand exists f

Zina [86]

Answer:

Model Y

Explanation:

Calculation for the which model is the most profitable to produce

Using this formula

Most profitable to produce=Selling price-Direct materials-Direct labor-Variable support costs

Let plug in the formula

Model X $52 - $8 - $16- $5 = $23

Model Y $60 - $8- $16 - $10 = $26 Most profitable

Model Z $74- $8 - $33 - $10 = $24

Therefore the model that is the most profitable to produce is MODEL Y because it has the highest amount of $26

5 0

3 years ago