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2 years ago

How much can you earn in 2022 and draw social security

Business

1 answer:

FinnZ [79.3K]2 years ago

6 0

Answer:

The maximum amount of earnings subject to Social Security tax will increase by $4,200 to $147,000 in 2022. Those who earn more than $147,000 in 2022 will notice a bump in their paychecks once their earnings have surpassed the taxable maximum and they no longer have Social Security tax withheld from their salary.

Explanation:

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Which of the following securities could NOT have any benefits for diversification with your investment portfolio? a.Treasury bil

Lesechka [4]

Answer:

d.All of these choices would reduce risk for your portfolio and therefore show at least some benefit to diversification

Explanation:

Which of the following securities could NOT have any benefits for diversification with your investment portfolio? All of these choices would reduce risk for your portfolio and therefore show at least some benefit to diversification

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3 years ago

A company had the following purchases during its first year of operations:

Readme [11.4K]

Answer:

Ending inventory value= $9,127

Explanation:

Giving the following information:

January: 17 units at $127

February: 27 units at $137

May: 22 units at $147

September: 19 units at $157

November: 17 units at $167

Using the specific identification method, we need to multiply each unit for its specific cost.

Ending inventory:

January= 9*127= 1,143

February= 11*137= 1,507

May= 13*147= 1,911

September= 11*157= 1,727

November= 17*167= 2,839

Ending inventory value= $9,127

5 0

3 years ago

Pratt, an owner of an appliance store, has a garage sale at his home where he sells old furniture and books. He sells a set of b

ELEN [110]

Answer:

false

Explanation:

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3 years ago

The Arkansas Company makes and sells a product called Product K. Each unit of Product K sells for $39 dollars and has a unit var

ioda

Answer:

$36,020.40

Explanation:

The computation of cash balance is shown below:-

Excess of cash receipts over disbursement = Beginning cash balance + Cash receipts - Cash disbursement

= $64,500 + $1,302,200 - $1,310,000

= $1,366,700 - $1,310,000

= $56,700

Interest = X × 0.02

Cash balance at end = Excess of cash receipts over disbursement + Borrowing - Interest

$92,000 = $56,700 + X - 0.02x

$92,000 - $56,700 = 0.98x

X = $35,300 ÷ 0.98

= $36,020.40

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3 years ago

Shannon Company segments its income statement into its North and South Divisions. The company’s overall sales, contribution marg

a_sh-v [17]

Answer:

North Division:

Sales 154,000 12.8%

Variables Cost 101,640 8.44%

Contribution Margin 52,360 4.39%

South Division:

Sales 1,050,000 87.20%

Variables Cost 630,000 52.33%

Contribution Margin 420,000 34.84%

Total Contribution 472,360 39.23%

Fixed Cost 262,500 21.18%

Net Income 209,860 17.43%

Explanation:

First we do the income statements

then we add both sales figures together:

154,000 + 1,050,000 = 1,204,000

And add the percentajeof sales for each line

4 0

3 years ago