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2 years ago

Create a presentation that describes your plan and findings for a personal finance budget

Business

1 answer:

alina1380 [7]2 years ago

3 0

Answer:

My plan is to work in the oil field making about four thousand a month. one thousand a week, spending 500$ a month on food, 250$ on car note, 750$ on house note 60$for gas 1000$ for personal expenses.i will have 1440$ to put in my savings

Explanation:

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Merger Co. has 10 employees, each of whom earns $1,700 per month and has been employed since January 1. FICA Social Security tax

andriy [413]

Answer:

Date Description Debit Credit

March, 31 Payroll Tax expense $‭2,320.5‬0

FICA Social Security taxes $1,054

FICA Medicare taxes $ 246.50

FUTA taxes $ 102

SUTA taxes $ 918

Working

FICA Social Security taxes = 1,700 * 10 * 6.2% = $‭1,054‬

FICA Medicare taxes = 1,700 * 10 * 1.45% = $‭246.5‬0

FUTA Taxes = 1,700 * 10 * 0.6% = $‭102‬

SUTA Taxes = 1,700 * 10 * 5.4% = $‭918‬

Payroll Tax expense = 1,054 + 246.50 + 102 + 918 = $‭2,320.5‬0

7 0

3 years ago

Sketches Inc. purchased a machine on January 1, 2016. The cost of the machine was $29,000. Its estimated residual value was $9,0

ivolga24 [154]

Answer:

Annual depreciation= $4,000

Explanation:

Giving the following information:

The cost of the machine was $29,000. Its estimated residual value was $9,000 at the end of estimated 5-year life.

To calculate the depreciation expense, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (29,000 - 9,000)/5

Annual depreciation= $4,000

8 0

3 years ago

Should a firm change its positioning depending on the market? What are the potential advantages and disadvantages of doing this?

nasty-shy [4]

Answer:

In simple words, In comparison to competitors, market positioning refers to the capacity to impact customer perceptions of a brand or commodity. The purpose of market placement is to establish a brand's or product's image or character so that people view it with a certain aim in mind.

Effective sales promotion has the best characteristic of being able to provide a competitive edge. As a result, if a corporation can position its services as particularly important, competitors will believe it will be difficult to make a strong case for acquiring alternatives.

4 0

3 years ago

A newspaper headline writer found that the more adjectives she put in the titles of her articles, the greater the number of news

Ivahew [28]

Answer:

Positive.

Explanation:

A linear function has a positive relationship and as such an increase in one variable (input variable) causes an increase in the other variable (output variable) i.e the variables are directly proportional. Thus, the graph of a linear function is a straight-line and its slope is always constant.

On the other hand, nonlinear function has a negative relationship and as such an increase in one variable (input variable) causes a decrease in the other variable (output variable) i.e the variables are inversely proportional.

This ultimately implies that, the graph of a nonlinear function is a curved line and whose direction is constantly changing

In this scenario, the relationship between numbers of adjectives and newspaper sales must be positive because the higher the amount of adjectives put in the titles of her articles, the greater the number of newspapers that would be sold on a particular day.

6 0

3 years ago

Proposal preparation is completed by Select one: a. a large team for a simple project. b. a single person when proposing a multi

castortr0y [4]

Answer:

d. one or more people depending upon the requirements of the proposal.

Explanation:

A proposal can be defined as a plan or suggestion which are formally written to present an idea to an individual or organization for consideration.

Proposal preparation is completed by one or more people depending upon the requirements of the proposal.

In order to prepare a good proposal, it is very important to make it as formal as possible. The content of the proposal is strictly based on what the initiators wants to do or achieve, as well as how they wish to achieve.

Hence, a proposal is only prepared with regard to the requirements of the proposal and the number of people involved. Proposals are usually used by project managers or contractors seeking for a contract.

7 0

4 years ago