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2 years ago

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Maxwell Washington's weekly gross earnings for the week ending March 9 were $2,620, and her federal income tax withholding was $

550.20. Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Washington's net pay?

1 answer:

Anon25 [30]2 years ago

4 0

Answer:

1 million

Explanation:

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Purchasing marketable securities with cash will have no effect on a company's acid-test ratio.

slava [35]

Answer:

given statement is true

Explanation:

given statement of purchase marketable security with the cash have not effect on the organization acid test ratio is true because

the cash and marketable security both will be considered for the calculation of acid test ratio and there is not effect

because change by the cash to the marketable securities

so as that given statement is true

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3 years ago

The following amounts were selected from the production report of Chandon Corporation: Actual units in production 42,000 Equival

SpyIntel [72]

Answer:

Total cost is equal to $81300

So option (c) will be correct answer.

Explanation:

Actual unit of production = 42000

Cost of per equivalent material = $1.10

Equivalent cost of material = $=42000\times1.1=46200$ $

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Therefore total cost of production = $46200+$35100 = $81300

So total cost will be $81300

Therefore option (c) is the correct answer

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3 years ago

The following information is available for Splish Brothers Corp. for the year ended December 31, 2022. Other revenues and gains

Readme [11.4K]

Answer:

Net Income <u> 195,300</u>

Explanation:

The question is to prepare a multi-step income statement

Splish Brothres Corp

Income Statement for the year ended December 31, 2022

Particulars/Description Amount ($) Amount ($)

Sales Calculation

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Subtract:

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Sales discounts 3,200 (12,200)

Net Sales 734,800

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Gross Profit 451,800

Operating Expenses (210,000)

Operational Income 241,800

Other gains and revenue 21,800

Other Expenses and losses (3,200) 18,600

Income before Income Taxes 260,400

Income tax expense (25% x 260,400) <u> (65,100)</u>

Net Income <u> 195,300</u>

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3 years ago

I will gladly appreciate whoever answers this

Nastasia [14]

b $163,440.00

BTW, it is currently around $250,000.00 per child!

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Anon25 [30]

Answer: This is an example of a RPh on the Go.

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3 years ago