Answer:
=$319.50
Explanation:
Net pay is obtained after subtracting all deductions from the gross pay. Therefore, net pay is gross pay minus deductions. It is the amount that gets to the employee's salary account.
In this case, gross pay =$400
Deductions
include income Tax = $50.00
State Income Tax = $20.00
Social Security Tax = $7.00
Medicare Tax = $3.50
Total deductions = $80.5
Net pay = $400 - $80.5
=$319.50
Answer:
<u>selling and administrative cost formula:</u>
Y = $166,200 + $6.80X
Explanation:
First we solve for the units sold during hte period:
sales: 960,000
unit selling price: 60
units sold: 960,000 / 60 = 16,000
Then we calcualte the variable cost of both, selling and administrative:
selling variable 8% of selling 8% of $60 = 4.8
administrative $ 2
total variable: 6.8
Now we solve for fixed cost:
275,000 = 6.8 (16,000) + fixed
fixed = 275,000 - 108,800 = 166,200
Answer:
target return on investment (ROI)
Explanation:
THESE ARE THE OPTIONS FOR THE QUESTION BELOW
A) penetration
B) price skimming
C) target return on investment (ROI)
D) competitor-based
E) value
From the question, we are informed about the Hector who is opening an appliance store. He has estimated a monthly profit goal based on his anticipated expenses and earning goals and uses it to set product prices. Hector is implementing a target return on investment (ROI) pricing strategy.
Target return on investment pricing model can be regarded as one in which price is determined by investor/Business based on what the business owner intend to make from his/her capital that is invested in the business. An investor can calculate Target return ccalculated as the money invested in a venture along as the profit that investor intend to see as return, which is been adjusted for the time value of money. As regards to return-on-investment method, It is required by the investor work in backward direction so as to to reach a current price for target return pricing.
Answer:
Tax law uncertainty.
Explanation:
The “Tax law uncertainty” is the correct answer because it can be seen in the question that Congress has disallowed the deductions for advertisement in the future tax years. Since the decisions that the government takes are confidential and only a few people are aware of the decisions before its formal announcement. So the same case is here, Jolsen had a contract of $375000 annually and it will estimate that after obtaining the tax deduction, the advertisement cost will be lower. But the changes in the tax laws result in underestimated after-tax cost by Jolsen.
The correct answer would be the first option. A note receivable can be transferred to another party by endorsement. It is described as a current asset of an organization that claims a written promissory note from other organization. It is usually made up of the principal and the interest amount.