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Oksana_A [137]
3 years ago
6

T or F #7 QUICK

Business
1 answer:
Marysya12 [62]3 years ago
8 0

Answer:

True...!!

hope that helps uhh!!

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Marilyn has a biweekly gross pay of $810 and claims 3 federal withholding allowances. Marilyn has all of the following deduction
frutty [35]

The net pay of Marilyn will increase by $18.15 due to the increase in the federal withholding allowances from 3 to 4.

<h3>The computation of net pay considering various federal withholding allowances</h3>

Given,

Gross pay =$810

3 Federal withholding allowances =$37 (taken from the reference table)

4 Federal withholding allowances =$22 (taken from the reference table)

Federal state tax rate =21%

First, the state tax rate and the total amount of withholding for 3 Federal withholding allowances are computed:

\begin{aligned}\text{State Tax}&=\text{Claim Amount}\times\text{Federal State Tax Rate}\\&=\$37\times21\%\\&=\$7.77\end{aligned}

\begin{aligned}\text{Total Amount of 3 withholdings}&=\text{Claim Amount}+\text{State Tax}\\&=\$37+\$7.77\\&=\$44.77\end{aligned}

Now, the state tax rate and the total amount of withholding for 4 Federal withholding allowances are computed:

\begin{aligned}\text{State Tax}&=\text{Claim Amount}\times\text{Federal State Tax Rate}\\&=\$22\times21\%\\&=\$4.62\end{aligned}

\begin{aligned}\text{Total Amount of 4 withholdings}&=\text{Claim Amount}+\text{State Tax}\\&=\$22+\$4.62\\&=\$26.62\end{aligned}

The difference in the net pay will be the difference between $44.77 and $26.62, which is $18.15.

Therefore, Marilyn withholding will decrease from $44.77 to $26.62 that is increasing the net pay by $18.15

Learn more about federal-state tax, refer to the link:

brainly.com/question/25828729

7 0
2 years ago
Kroger, a supermarket chain, has committed to source 100 percent of wild-caught seafood in its seafood departments from fisherie
saul85 [17]

Answer:

Kroger has the buying objective of responsible  sourcing and supply chain sustainability.

Explanation:

Responsible sourcing involves procuring materials for a business where ethics and long-term sustainability are the watchwords.

The only to way to ensure suppliers do the right in business is for their customers to assess them based on ethics and sustainability,hence supplier that does not conform to ideal business ethics is at the risk of losing business. No doubt that  suppliers are forced to the right thing in ensuring the environment and their host communities do not suffer hardship emanating from their operational hazards.

8 0
3 years ago
Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither
Readme [11.4K]

Answer:

neither

producer surplus

consumer surplus

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product

Producer surplus = price – least price the seller is willing to accept

The first scenario is neither a producer or consumer surplus because a transaction did not take place

The second scenario is a producer surplus.

the producer surplus = 60 - 55 = 5

The third scenario is a consumer surplus

consumer surplus = $114 - $107 = $7

6 0
3 years ago
Most loans are paid back in __________ installments. a. daily b. weekly c. monthly d. yearly.
eduard
Pretty sure it’s C monthly
6 0
2 years ago
The junior class at Summerfield High School sold a total of 375 tickets for their spring festival. The adult tickets sold for $7
katrin [286]

The number of student's ticket sold is 200.

Two equations can be gotten from the question:

a + b = 375 equation 1

7.5a + 4.5b = 2,212.50 equation 2

Where:

a = number of adult ticket sold

b = number of children's ticket sold

In order to determine the value of b, multiply equation 1 by 7.5

7.5a + 7.5b = 2812.50 equation 3

Subtract equation 2 from 3

3b = 600

Divide both sides by 3

b = 600 / 3

b = 200

To learn more about simultaneous equations, please check: brainly.com/question/25875552

8 0
2 years ago
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