Answer:
558
Explanation:
Since his monthly salary is $9,000
6.2% is the percentage of his salary that he will pay as social security tax while the Employer pays the other 6.2% making 12.4% in total
The amount to be taken out of his salary for social security for the month of December will be
6.2% * 9000= $558
Answer: Option D
Explanation: In simple words, gross profit refers to the amount of revenue that the company is left with after deduction for the expenses that are incurred to make and sell that specific product.
The low pay to supplier means that the company will have a low cost to produce the product which will result in increase in gross profit.
Hence the correct option is D.
Answer:
Credit union.
Explanation:
A credit union can be defined as a non-profit making financial cooperative that is typically controlled by its members (employees, church groups, labour unions etc) and it is saddled with the responsibility of providing financial services like the traditional banks to employees such as teachers, educators, nurses, etc.
Generally, the profit made from the amount of money that is being deposited by the members of a credit union are usually returned to the members as a form of better interest rates. Some examples of credit unions are SchoolsFirst Credit Union, New York University Federal Credit Union, Consumers Credit Union, etc.
In this scenario, a financial institution advertises itself as especially oriented towards educators and teachers. Thus, the category this institution would most likely fall under is a credit union because it's not run like businesses that is after making profit i.e it's a non-profit business established to assist employees with their finances.
Summer, so you'd be able to save money and also plan everything, such as where you'd stay and how long you'd stay there. etc.
Answer:
KPD’s tax expense for 2022 is $9 million.
Explanation:
$ in Millions
Taxable Income (10/25%) 40
Add: Tax basis depreciation (80-74) 6
Accounting Income before Deprecation 46
Less: Accounting Deprecation (100-90) 10
Accounting Income 36
Tax expense (36x25%) 9
