Net pay is calculated by subtracting deductions from Net Pay.
In this case:
Gross Pay is 40 hours X $9/hr (regular pay) PLUS 3 hours X (13.50 -- 1.5 times the normal pay) for overtime
Once you have Gross Pay, you multiply that by the percentages given for the deductions and subtract that total from Gross Pay.
One note, in this case, federal taxes are not withheld from the amount given to 401(k). So to figure the taxes you would:
(Gross Pay - 401(K) contribution) X 10%
Gross Pay - deductions = net pay
Answer:
-$50
Explanation:
Calculation to determine your total profit on this investment
Total profit = 1 × 100 × ($.50 - $21+ $20)
Total profit = 100×(-$0.5)
Total profit = -$50
Therefore your total profit on this investment is -$50
The words that comes in the blanks are "up; 14%; 33%; down; borrowers; <span>prospering".
</span><span>
The percentage of the u.s. federal government's debt owned by foreign entities went "up" from "14%" in 1990 to "33%" in 2013. it is important to remember, however, that foreign supply in the loanable funds market helps keep interest rates "down", which benefits domestic "borrowers". it is also worth noting that demand for u.s. treasuries is a sign that other economies beside the united states's are "prospering".</span>
Answer:
The correct answer is letter "B": An addition which increases future benefit.
Explanation:
An asset is a resource of economic value. Individuals, companies, and countries expect their own assets to generate economic benefits both now and in the future. Assets may be tangible, such as machinery and land or intangible, including products such as a trademark, a mechanical formula or property rights.
The accounting term addition <em>refers to the subsequent acquisition of a plant, property, or equipment. Therefore, they are to be considered as assets at the moment of recording them.</em>
Answer:
Elon Musk is good at juggling multiple tasks.
Explanation:
right on edge