1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
OLga [1]
3 years ago
13

Jose gross weekly salary as a logger is $630. He pays 6.2% Social Security tax, 1.45% Medicare tax, and $14.20 for health insura

nce. What is Jose monthly net pay?
Business
1 answer:
Slav-nsk [51]3 years ago
5 0

Answer:

$568

Explanation:

Gross salary = $630

Social security tax = 6.2%

Medicare tax = 1.4%

Health insurance = $14.20

We add up what is paid as tax

= 6.2 + 1.4 = 7.6%

7.6% of $630

= 0.076 x 630

= $47.88

So he pays tax of 47.88 dollars from his gross salary

We add his tax to what he pays for health insurance

= 47.88 + 14.20

= $62.08

the formula for net pay:

gross salary - deductions

= $630 - $62.08

= $567.92

this is approximately $568

thank you!

You might be interested in
On January 1, 2021, Splash City issues $340,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and
Evgesh-ka [11]

Answer:

Dr cash                                          $310,831

Dr discount on bonds payable   $29,169

Cr bonds payable                                             $340,000

On 30th June 2021

Dr  interest expense      $ 15,542  

Cr cash                                            $15,300

Cr discount on bonds payable        $242

On 31st   December  2021

Dr  interest expense      $ 15,554  

Cr cash                                            $15,300

Cr discount on bonds payable        $254

Explanation:

The bond issued at a discount is the first bond whose cash proceeds of $310,831 were less than face value of $340,000.

Discount=face value -cash proceeds=$340,000-$310,831=$29,169.00  

Find attached bond amortization schedule.

Download xlsx
7 0
4 years ago
Problem 7-17 Comparing Traditional and Activity-Based Product Margins [LO7-1, LO7-3, LO7-4, LO7-5] Smoky Mountain Corporation ma
Gelneren [198K]

Answer:

product margins for the Xtreme and the Pathfinder is 7.9% and 17.7% respectively.

Explanation:

Estimated total manufacturing overhead $1,980,000 Estimated total direct labor-hours 120,000 DLHs, then manufacturing overhead per hour is $33 = 1,980,000/120,000 = $16.5

Please see the detailed calculation in excel attached.

Download xlsx
4 0
4 years ago
Cornett Company reported the following information: cash received from the issuance of common stock, $150,000; cash received fro
Alex Ar [27]

Answer:

The correct option is B,-$5,200 as found in the attached.

Explanation:

The net cash flows provided/used by investing activities are cash flows(both inflows and outflows) on assets that are capable of generating earnings directly or indirectly for the business.

By direct ,I mean assets that are used directly in the business to enhance the business earnings while indirect relates those that are not used in core business operations.

Cash flow from investing activities is computed:

Cash received from sale of equipment    $14,800

cash paid to purchase investment            ($20,000)

Cash flow used in investing activities       ($5,200)

The correct option is B as found in the attached .

Download xlsx
5 0
3 years ago
You hire an experienced pet industry executive to consult with you both throughout the process. In your first meeting, she prese
Lisa [10]

The correct answer is B; Specialty store.

Further Explanation:

Since the client hired a pet industry consultant you can guess that the store is about pets. The market analysis and trend report will show how much stores with pet supplies makes per month/year.

The client is opening their first store and will not want to open a superstore right out of the gate. Since they will not be known to many and it is worded like it an individual opening the store by themselves.

A category killer store is a like a franchise or chain store. For example, a Home Depot or PetSmart. The client will not want to do this either since it takes a lot of capital and lengthy process to achieve.

The client will want to go with a specialty store to build up a customer base and focus on the items they want to bring to new customers. A specialty store will bring in the clientele that they are targeting. The specialty store will have items that larger stores do not have and can carry homemade items also.

Learn more about specialty stores at brainly.com/question/11950122

#LearnwithBrainly.

5 0
3 years ago
The generational group of managers that expect to give and get more feedback on their work are?
ElenaW [278]

The generational group of managers that expect to give and get more feedback on their work are Gen X; they focus on results more than hours

More about Gen X managers:

Although we don't hear much about Generation X these days, it was huge in the pre-Millennial era. Either you belonged to Generation X or you fit in with the crowd. Gen X managers are subtly replacing Boomers in management positions as they enter retirement.

A characteristic of Gen X managers is their drive for achievement, particularly financial success. Many members of Generation X are incredibly resourceful and motivated to succeed financially because they grew up seeing their parents struggle financially and have recently experienced their own.

Both Gen X managers and employees tend to favour less formal working arrangements that allow them to interact freely with both their superiors and the people they supervise.

Learn more about Gen X here:

brainly.com/question/3032727

#SPJ1

5 0
2 years ago
Other questions:
  • Since PepsiCo is a U.S. company doing business in Russia, it is likely that the company's discrimination policies for Russian fa
    14·1 answer
  • The broker's commission for certain disclosed buyers is protected by the "holdover clause" in the approved Right-to-Sell Listing
    8·1 answer
  • You are a marketing director for a Mexican taco restaurant located in Lynchburg VA. The average order size of your customers is
    7·1 answer
  • Accountants prefer the variable costing method over absorption costing method for evaluating the performance of a company becaus
    11·1 answer
  • The Isberg Company just paid a dividend of $0.75 per share, and that dividend is expected to grow at a constant rate of 5.50% pe
    15·1 answer
  • All of the following are good ways to assess your interests and skills,except
    7·2 answers
  • Chipotle’s "Food with Integrity" program outlines the company’s commitment to using only quality ingredients and respecting the
    12·1 answer
  • An electronic exchange is an electronic forum where manufacturers, suppliers, and competitors buy and sell goods, trade market i
    15·1 answer
  • each professor averages one publication per year and both are excellent teachers. given this information, the wage difference is
    9·1 answer
  • Which of the following phrases best describes O*NET?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!