The amount that Robert will pay in unemployment taxes for the entire year will be B. $0.
<h3>Determination of Unemployment Taxes Payable</h3>
Employers are subject to an unemployment tax which is known as Federal Unemployment Tax Act (FUTA) depending on the wages and salaries they pay their workers.
Employers must pay FUTA if their employees earn $1500 or more per calendar quarter.
Employers are not obligated to withhold FUTA from employees if we compare it to other payroll-based taxes.
As a result, no unemployment taxes should be deducted from Robert's pay.
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Answer:
c. Ending Balance = Previous Balance + Deposits - Withdrawals
Explanation:
Deposits are every cash transaction that increase your bank balance, and withdrawals are expenses that decrease your bank balance. Hence the closing / ending balance any day would be the difference of deposits and withdrawals, with opening balance in summation.
Answer:
A. Each of these individuals is a stakeholder of SuperSize
Explanation:
Stakeholders are all those people who are linked with the corporation in some way. Without the stakeholders, the firm could not continue to exist.
Stakeholders include shareholders, clients, employees, creditors, investors, the government, among others.
In the question, we have a stockholder (Fred), an employee (Frieda), a neighbor (Blanche), and two directors (Evelyn and Aarnold). They are all stakeholders.
The federal reserve is likely to enact that reserve requirement should be lower so that there will be a decrease the interest rate in the case when current output is less than potential output.
The Federal reserve does enhance the economy by reducing the interest rate that banks pay each other for overnight loans.
- However, if the current output is greater than potential output, then, the FED would try to reduce current output by increasing the interest rate.
In conclusion, the federal reserve is likely to enact that reserve requirement should be lower so that there will be a decrease the interest rate in this case when the current output is less than potential output.
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