Answer:
Gross bonus=$1,148.54
FIT=252.68
OASDI=71.21
HI =16.65
MASS. TAX=58.00
Explanation:
Calculation for the withholding taxes and the gross amount of the bonus
Calculation for gross amount of the bonus
Gross amount of the bonus= [$750/ (1- 0.22 - 0.062 - 0.0145 - 0.0505] - 0.01
Gross amount of the bonus= [$750/ (0.78 - 0.062 - 0.0145 - 0.0505] - 0.01
Gross amount of the bonus= [$750/ 0.653] - 0.01
Gross amount of the bonus=1,148.545-0.01
Gross amount of the bonus=$ 1,148.54
Therefore the Gross amount of the bonus will be $ 1,148.54
Calculation for the withholding taxes
FIT =1148.54 * 22%
FIT=252.68
OASDI= 1148.54 * 6.2%
OASDI=71.21
HI=1148.54 * 1.45%
HI =16.65
MASS. TAX =1148.54 * 5.05%
MASS. TAX =58.00
NET 750.00
[$1,148.54-(252.68+71.21+16.65+58.00)]
Therefore the withholding taxes are:
FIT=252.68
OASDI=71.21
HI =16.65
MASS. TAX = =58.00
Answer:
Un instructor es un profesional cuya tarea es la de, como su nombre lo indica, instruir a otras personas respecto de la realización de una actividad, arte o tarea determinada.
Así, por ejemplo, existen instructores de diversas actividades, como vuelo, buceo, entrenamiento personal, etc., los cuales enseñan a las personas a realizar su actividad, supervisando su performance y corrigiendo sus errores, para formar así personas idóneas en el arte o actividad que el instructor domina.
Answer:
TRUE
Explanation:
Market research is the process of defining a marketing problem and opportunity by systematically collecting and analyzing data received, and then giving recommended actions. It involves gathering data about the target market needs, and analyzing such data to determine the need of the target market. It is a process that involve evaluating the possibilities of a new product success through research.
Answer:
Detailed step wise solution is given below:
Answer:
Letty's Laundry and Dry Cleaning Incorporated
Effect of each transaction on the accounting equation:
Transaction Appropriate
No. Letter
1. c.
2. b.
3. b.
4. a.
5. e.
6. c.
7. e.
8. e.
9. e.
10. e.
Explanation:
Data key:
list:
a. Increase in an asset, decrease in another asset.
b. Increase in an asset, increase in a liability.
c. Increase in an asset, increase in stockholders' equity.
d. Decrease in an asset, decrease in a liability.
e. Decrease in an asset, decrease in stockholders' equity
b) The above listing demonstrates the effect on the accounting equation of every business transaction. The net effect is such that the two sides of the equation are always in balance, provided the proper accounting records have been maintained.
