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IgorLugansk [536]
4 years ago
13

Aaron norman earned $24,900 for the year from marcus company. the company is subject to a suta tax of 4.7% on the first $9,900 o

f earnings. determine: (round your answers to two decimal places, if necessary.)
a. the employer's futa tax on norman's earnings $ .

b. the employer's suta tax on norman's earnings $ .
Business
1 answer:
Svetach [21]4 years ago
4 0

Answer:

To calculate the Federal Unemployment Tax Act (FUTA) taxes that the employer must pay we have to multiply Aaron's salary times FUTA tax rate:

$24,900 x 0.6% = $149.40

To calculate the State Unemployment Tax Act (SUTA) taxes that the employer must pay we have to multiply Aaron's salary times SUTA tax rate:

$9,900 x 4.7% = $465.30

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<h3>What is the exterior finish of a house?</h3>

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Answer:

The cost of opportunity is 4 pancakes.

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This means that at every moment, she can choose to make or 8 pancakes or 2 waffles, but not both. If we continue with this logic, in the time she could make 1 waffle, she could have chosen to make 4 pancakes. This is her cost of opportunity.

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