1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
umka2103 [35]
3 years ago
5

Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8,260. The

FICA tax for social security is 6.2% and the FICA tax rate for Medicare is 1.45%. The FUTA tax rate of .6% and the SUTA tax rate of 5.4% are applied to the first $7,000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1,325.17. Her net pay for the month is: _________.
A. $6,422.71
B. $6,246.94
C. $6,302.94
D. $5,868.94
Business
1 answer:
just olya [345]3 years ago
4 0
B. Is the answer $6,246,94
You might be interested in
Financial markets allow for all but which one of the following?
PtichkaEL [24]

Answer:

d. allow most participants to routinely earn high returns with low risk

Explanation:

In the financial markets there is always an element of risk in transactions. Generally speaking the higher the risk the higher the gain.

Low risk instruments have low returns on investment. Even for these low risk assets sometes the risk can be high for example if a client has a fixed deposit with a bank, and the bank liquidated. The client may not get his full funds invested back.

High risk markets like the forex market has one of the highest returns on investment, but high risk can also make an investor lose substantially.

5 0
3 years ago
Read 2 more answers
Sweet has year-end account balances of Sales Revenue $811,419, Interest Revenue $12,690, Cost of Goods Sold $575,593, Administra
dem82 [27]

Answer:

Sales Revenue $811,419

Interest Revenue $12,690

Cost of Goods Sold $575,593

Administrative Expenses $189,840

Income Tax Expense $31,877

Dividends $18,984.

<u>Year end Closing Entries</u>                  Dr.                              Cr.

1.

Sales revenue                                $811,419

Interest revenue                            $12,690

Income Summary                                                             $824,109

2.

Income Summary                           $797,310

Cost of Goods Sold                                                         $575,593

Administrative Expenses                                                $189,840

Income Tax Expenses                                                     $31,877

3.

Income Summary                           $26,799

Retained Earning                                                             $26,799

4.

Retained Earning                           $12,690

Dividend                                                                           $824,109

4 0
3 years ago
Citizen Corps, an organization created to help coordinate volunteer activities, established four community preparedness principl
Oxana [17]

Answer:

The answer is letter B.

Explanation:

Citizen Corps, an organization created to help coordinate volunteer activities, established four community preparedness principles : Personal/Organizational Preparedness

6 0
4 years ago
Which body develops independence rules that apply to engagements performed under gagas?
bekas [8.4K]

Answer:

The Generally Accepted Government Auditing Standards (GAGAS), commonly referred to as the "Yellow Book", are produced in the United States by the Government Accountability Office (GAO). The standards apply to both financial and performance audits of government agencies. Five general standards are included: Independence.

Explanation:

looked up in internet :)

LOL :) Brainliest please

8 0
3 years ago
A level of ability or how good a person is at something is called
Tasya [4]
Hello there, and good morning to you! :D

A level of ability or how good a person is at something is called:

skill. 

Skill measures how good you are at something, or how long you've been doing it, etc. The more skill you have, the better you are about something!

I hope this helps!
~kaikers
5 0
3 years ago
Other questions:
  • The demand curve for corn is downward sloping. If the price of corn, an inferior good, falls, then A) the income effect which ca
    14·1 answer
  • 1. OSHA ensures that employees have the right to:
    12·1 answer
  • Heidi Ganahl says Camp Bow Wow promotes a scrappy "we-can-conquer-all" work attitude that helps individuals overcome challenges.
    6·1 answer
  • Light emitting diodes (LED) light bulbs have become required in recent years, but do they make financial sense? Suppose a typica
    15·1 answer
  • Carol Corp. has a component that is a discontinued operation. The revenues and expenses of the component were $100,000 and $160,
    12·1 answer
  • Enercio contributes $100,000 in exchange for a 40% interest in the calendar year ABC LLC, which is taxed as a partnership. This
    8·1 answer
  • Our company has reviewed the utilities bills for our company. We have determined that the highest and lowest bills were $5,600 a
    9·1 answer
  • Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows:
    10·1 answer
  • Munson Co. uses a job order cost system. The following data summarize the operations related to production for July:
    5·1 answer
  • Some insurance companies begin paying claims only after the policyholder has paid a certain amount of money called a...
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!