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Tpy6a [65]
4 years ago
11

Red Mountain, Inc. has the following information from its payroll records: Salaries and wages earned by employees $ 180,000 Less

: income taxes withheld from employees 27,000 Less: FICA taxes withheld from employees 9,000 Net pay to employees $ 144,000 The employer amount of FICA taxes that Red Mountain is required to pay is equal to the amount that it withholds from its employees. Assume no other payroll taxes are incurred at this time. What is Red Mountain's total expense with regards to this payroll
Business
1 answer:
dimaraw [331]4 years ago
8 0

Answer:

Red Mountain's total expense with regards to this payroll is $189,000

Explanation:

In order to calculate Red Mountain's total expense with regards to this payroll we would have to make the following calculation:

Red Mountain's total expense=Salaries and wages earned by employees+FICA taxes

According to given data:

Salaries and wages earned by employees=$ 180,000

FICA taxes=$9,000

Therefore, Red Mountain's total expense=$ 180,000+$9,000

Red Mountain's total expense=$189,000

Red Mountain's total expense with regards to this payroll is $189,000

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eduard
Maybe It is Dallas?????

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On January 1, 2019, Fitbit goes public and issues 50 million shares at $20 per share. Fitbit had 200 million shares prior to goi
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On January 1, 2020, the balance of common stock & APIC

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3 years ago
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timurjin [86]

Answer:

$95.45%

Explanation:

The computation of the probability of getting a return between -28% and 64% in any one year is shown below:-

Particulars                                                      Percentage

Total probability                                              100%

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1- (NORMDIST (-28%,18%,23%,TRUE)

Probability that return will be More

than 64%                                                        2.28%

(NORMDIST (64%,18%,23%,TRUE)

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brainly.com/question/12975851

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