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Kryger [21]
3 years ago
5

When Social Security was first instituted by President Franklin Roosevelt in 1935, the payroll tax rate on wages used to fund th

e program was
Business
1 answer:
MrRa [10]3 years ago
3 0

Answer: Social security retirement program .

Explanation:

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Anyone wants to talk with me
Makovka662 [10]

Answer:

Sure

Explanation:

I am a lonely 12 yr old

7 0
2 years ago
Read 2 more answers
If tom were married and his spouse was not working for pay, what would his 2021 taxable income be?
Sergeeva-Olga [200]

If Tom were married and his spouse was not working for pay, his 2021 taxable income would be a maximum 15% rate (20% in the case of high income taxpayers. Read below about who an income tax payer.

<h3>Who is an income taxpayer?</h3>

A taxpayer is an individual or corporation who pay taxes annually on their earning as per the provisions of the Income Tax Act. Once you file income tax returns and disclose your earnings, it becomes legal.

Therefore, the correct answer is as given above

learn more about a taxpayer: brainly.com/question/14582132

#SPJ4

6 0
1 year ago
PAW Industries has 5 million shares of common stock outstanding with a market price of $8.00 per share. The company also has out
AlladinOne [14]

Answer:

A. 10.14%

Explanation:

1.Market value of PAW common stock:5,000,000*8=$40,000,000

2.Market value of PAW outstanding preferred stock=$10,000,000

3.Market value of PAW bonds outstanding=96,000,000(100,000*1000*96%)

Total Market value(1+2+3)=146,000,000

4.Cost of equity amount on common stock(19%*40,000,000)=7,600,000

5.Cost of preferred stock amount (15%*10,000,000)=$1,500,000

6.After tax cost of Debt amount(9%*66%*96,000,000)=$5,702,400

Total cost amount(4+5+6)=14,802,400

The WACC can be calcualted as: Total cost amount/Total market value

                                                        14,802,400/146,000,000=10.14%

The answer should be A. 10.14%

3 0
3 years ago
Aggregate demand​ (AD) is comprised of expenditure components that​ include:
Yanka [14]

Answer: A

Explanation:

Aggregate demand can be obtained by adding consumptions, investments, Government spendings, and net exports(exports-imports).

Aggregate demand=consumptions + investment + Government spending + exports - imports

3 0
3 years ago
Analyzing Data In June, Snead’s Snack Bar sold 1,000 fruit smoothies at a price of $2.50 each. In July, they sold 1,300 fruit sm
Verizon [17]
Overall, Snead's Snack Bar earned more in July, with $2600, while in June they only earn $2500
5 0
3 years ago
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