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julia-pushkina [17]
3 years ago
12

R. L. Ybarra employs John Ince at a salary of $53,000 a year. Ybarra is subject to employer Social Security taxes at a rate of 6

.2% and Medicare taxes at a rate of 1.45% on John's salary. In addition, Ybarra must pay SUTA tax at a rate of 5.4% and FUTA tax at a rate of 0.8% on the first $7,000 of Ince's salary. Compute the total cost to Ybarra of employing Ince for the year. Round your answer to the nearest cent.
Business
1 answer:
masya89 [10]3 years ago
4 0

Answer: $57488.50

Explanation:

The total cost to Ybarra of employing Ince for the year will be calculated thus:

Gross Salary = $53,000

Add: Social security tax = $53000 × 6.2% = $3286

Add: Medicare tax = $53000 × 1.45% = $768.50

Add: SUTA tax = $7000 × 5.4% = $378

Add: FUTA tax = $7000 × 0.8% = $56

Total cost to Ybarra of employing Ince will be $57488.50

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garik1379 [7]

Answer:

A.  Together with the Product Owner, focus on what can be done and identify a way to deliver something valuable at the end of each Sprint

Explanation:

The approach that is to be applied for delivering the value that becomes difficult is to come together by involving the owner of the product so that we get to know by focusing it and identify the way for delivering the valuable things so that in return the customer could satisfy with the product and the chances of building a long term relation would became high

6 0
3 years ago
Assuming that taxes and net exports are zero, government purchases of goods and services are equal to $12, and gross private dom
levacccp [35]

Answer:

GDP= $22

Explanation:

The groos domestic product (GDP) formula is:

GDP= Consumption (C)+ Investment (I)+ Government expenditure (G)+ Net exports (exports-imports)

The problem gives the following information:

G= $12

I=$10

X-M= $0

We do not have information about consumption, then we assume is zero.

GDP= $0+$10+$12+$0

GDP=$22

7 0
3 years ago
In the aggregate expenditures model, it is assumed that: a.gross investment (I), government purchases (G), and net exports (NX)
tiny-mole [99]

Answer:

The Correct Option is "B"

Explanation:

Total consumption model was created accordingly of traditional model. It shows the connection between the GDP and arranged spending. The condition of consumption model is as per the following:  

Y = C + I + G + NX  

Where, Y is the genuine GDP, C is Consumption, I Refers to net investment, G is government buys and NX is net ex[port.  

The total use model accept that gross investment (I), government buys (G), and net export (NX) are independent to of genuine GDP (Y) as they don't depend on salary of the economy.

3 0
3 years ago
The elasticity of supply measures how responsive:
slega [8]

Answer:

the quantity supplied is to a change in price. 

Explanation:

Elasticity of supply measures the degree of responsiveness of quantity supplied to changes in price

Elasticity of supply = percentage change in quantity supplied/ percentage change in price

Supply is elastic if a small change in price has a greater effect on the quantity supplied.

Supply is inelastic if a small change in price has little or no effect on quantity supplied.

Supply is unit elastic if a small change in price has a proportional equal effect on quantity supplied.

I hope my answer helps you

8 0
3 years ago
As Bart Brownlee approached retirement, he decided the time had come to invest some of his nest egg in a conservative fund. He c
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Answer:

$1,487.5 is the amount of commission (load) Bart must pay

Explanation:

Commision to be paid :

which is equal to

=$35000*4.25%

which is equal to

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3 0
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