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2 years ago

Use the net FUTA tax rate of 0.6% on the first $7,000 of taxable wages.

Business

1 answer:

Anon25 [30]2 years ago

6 0

Answer:

$42

Explanation:

FUTA is calculated on taxable wages that fall under $7000 in the quarter. Income above the $7000 limit are not taxed

FUTA rate = 0.6%

Quarterly salary $38,400 $29,600 $16500 $8,900

Basis for FUTA $7000 $7000 $7000 $7000

FUTA $42 $42 $42 $3

First deposit =$42

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Torque corporation is expected to pay a dividend of $1 in the upcoming year. dividends are expected to grow at a rate of 6% per

Novay_Z [31]

Answer:

The required rate of return on stock is 14.6% and option b is the correct answer.

Explanation:

The required rate of return is the minimum return that investors demand/expect on a stock based on the systematic risk of the stock as given by the beta. The expected or required rate of return on a stock can be calculated using the CAPM equation.

The equation is,

r = rRF + Beta * (rM - rRF)

Where,

rRF is the risk free rate

rM is the return on market

r = 0.05 + 1.2 * (0.13 - 0.05)

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2 years ago

If money is paid when a change of ownership in a life insurance policy takes place, this is generally known as a ____________.a.

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Answer:

The correct answer is A

Explanation:

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So, when the money or amount of money is paid if the change of ownership in the life insurance policy happen or occur, then it is usually known as the transfer of the value.

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2 years ago

A city government purchased a new fire truck in Year 1 for $270,000. The city incurred an additional $ 30,000 in transportation

erica [24]

Answer:

correct option is $0

Explanation:

given data

purchased truck = $270,000

transportation and calibration costs = $30,000

life = 20 years

financed period = 15 year

solution

we know here that some expenses like insurance and depreciation etc is allocated by systematic and the rational procedure for some period

so that during that period related asset is expected to provide the benefit

and acquisition of capital asset is not record as expenses

we know appropriate property and plant or the equipment assets account are debit on purchases

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2 years ago

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DochEvi [55]

Answer:

Explanation:

I don't have a explanation

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1 year ago

Please check my answer. I picked A.

yawa3891 [41]

You're correct. Because the definition of a franchise business is "A franchise is a business system in which private entrepreneurs purchase the rights to open and run a location of a larger company."

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2 years ago