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natulia [17]
3 years ago
15

How to calculate how much taxes come out of paycheck

Business
1 answer:
Colt1911 [192]3 years ago
6 0
If you'd like to calculate the overall percentage of tax deducted from your paycheck, first add up the dollar amounts of each tax withheld. Divide the total of your tax deductions by your total, or gross, pay. Multiply the result by 100 to convert it to a percentage.
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Select all that apply
Naya [18.7K]

Answer:

A. An oven used to bake bread at a bakery

B. Workers hired to pick grapes at a vineyard

A resource is something a business needs for its production. A and B both directly benefit production while C indirectly benefits it and D has no impact.

Note: Answer C is a technological resource but it indirectly affects production. Most people do not include it as a resource but occasionally some do.

3 0
2 years ago
Read 2 more answers
Kountry Kitchen has a cost of equity of 10.6 percent, a pretax cost of debt of 5.2 percent, and the tax rate is 39 percent. If t
kap26 [50]

Answer: .27

Explanation:

The Debt to Equity Ratio is the amount of Debt per dollar that the company owes per dollar of Equity. It must add up to 1.

The Weighted Average Cost of Capital measures just how much a company needs to pay to it's capital holders including shareholders and debt holders.

The formula is,

WACC = (Cost of equity * Weight of equity) + (Cost of debt * Weight of debt)

Remember that Debt is tax deductible so the After tax cost of debt should be,

= 5.2% ( 1 - tax rate)

= 5.2% * ( 1 - 39%)

= 3.172%.

The debt weight is the amount of debt that the company has per dollar so that means that it is also the Debt to Equity ratio. Denote it as 'x' to find it. Remember that they must add up to one.

WACC = (Cost of equity * Weight of equity) + (Cost of debt * Weight of debt)

8.59% = 10.6% ( 1 - x) + 3.172%( x)

8.59% = 10.6% - 10.6%x + 3.172%x

8.59% = 10.6% - 7.428%x

7.428%x = 10.6% - 8.59%

7.428%x = 2.01%

x = 0.271

= 27%

Debt to Equity is 0.27.

7 0
3 years ago
M's Pizza, a fast food chain, decides to explore the hospitality industry and signs a partnership with the Silverline Chain of H
Rina8888 [55]

Answer:

The correct answer is letter "D": Market development.

Explanation:

Market development is a strategy firms use to introduce a product into another existing market attracting new consumers to the same business. The strategy implies selling existing products in new geographical areas but it can also refer to selling the same goods or services to the same customers in new ways.

7 0
3 years ago
Cullumber Company incurred $800000 of research and development costs in its laboratory to develop a new product. It spent $15000
cricket20 [7]

Answer:

$212,000

Explanation:

Calculation to determine the total amount that should be debited to Patents through July 31, 2017

Using this formula

Total amount debited to Patents=Legal fees for patent+Legal fees in a successful defense of patent

Let plug in the formula

Total amount debited to Patents=$150,000+$62,000

Total amount debited to Patents=$212,000

Therefore the total amount that should be debited to Patents through July 31, 2017 is $212,000

4 0
3 years ago
Macroeconomic analysis is concerned with: Group of answer choices government regulation of industry The structure of a market an
Zanzabum

Answer:

The answer is C.

Explanation:

Macroeconomics is the study of the economy as a whole, unlike microeconomics which is the study of the individual firms/markets.

Macroeconomics focuses on the standard of living, unemployment rate, inflation rate etc. and how this affects the whole economy.

Option A is wrong because it is the microeconomics and not macroeconomics that studies the market and the firm.

Option B and D are wrong because these are for microeconomics

8 0
3 years ago
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