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3 years ago

6

A bill in the House of Representatives may only be introduced by a(n) __________. employee of a federal agency lobbyist for a sp

ecial interest group committee staff aide member of the House of Representatives

2 answers:

masha68 [24]3 years ago

6 0

A bill in <span>the House of Representatives may only be introduced by a representative.
</span>

IgorLugansk [536]3 years ago

5 0

A member of the House of Representatives.

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According to a summary of the payroll of Mountain Streaming Co., $110,000 was subject to the 6.0% social security tax and the 1.

Rainbow [258]

Answer:

a. Calculate the employer's payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.8%.

$9,800

b. Journalize the entry to record the accrual of payroll taxes. If an amount box does not require an entry, leave it blank.

Dr FICA Social Security expense 6,600
Dr FICA Medicare expense 1,650
Dr Federal unemployment tax expense 200
Dr State unemployment tax expense 1,350
Cr FICA Social Security payable 6,600
Cr FICA Medicare payable 1,650
Cr Federal unemployment tax payable 200
Cr State unemployment tax payable 1,350

Explanation:

payroll taxes should be:

social security $110,000 x 6% = $6,600

Medicare $110,000 x 1.5% = $1,650

federal unemployment $25,000 x 0.8% = $200

state unemployment $25,000 x 5.4% = $1,350

total = $9,800

Both employees and employers must pay equal amounts of FICA taxes (social security and medicare), but only employees pay unemployment taxes.

8 0

3 years ago

Federal Semiconductors issued 11% bonds, dated January 1, with a face amount of $830 million on January 1, 2021. The bonds sold

Semmy [17]

Answer:

discount on bonds payable 18,383,020.48 debit

other comprehensive income 18,383,020.48 credit

--to adjust Bonds at 12/31/2021 market value --

other comprehensive income 4.739.000‬ debit

discount on bonds payable 4.739.000‬ credit

--to adjust Bonds at 12/31/2022 market value --

Explanation:

We solve for the book value at year-end using effective rate

<u>First year:</u>

<u>First payment</u>

830,000,000 x 5.5% = 45,650,000

767,557,868 x 6.0% = 46,053,472.08

Amortization 403,472.08

<u>Second Payment</u>

830,000,000 x 5.5% = 45,650,000

(767,557,868 + 403,472.08) x 6.0% = 46,077,680.4

Amortization 427680.4

Carrying value at year-end

767,557,868 + 403,472.08 + 427,680.40 = 768,389,020.48

We need to recognize a deferred gain for the difference between these and the 750,000,000 market value at December 31th

which is $ 18,383,020.48 as these as not been realized it will be part of other comprehensive income

We will increase the discount to adjust the bonds payable account net balance.

<u>Second year:</u>

We repeat the process

<em>First Payment:</em>

830,000,000 x 5.5% = 45,650,000

Interest expense 750,000,000 x 6% = 45,000,000

Amortization 650000

Carrying value 750,000,000 + 650,000 = 750,650,000

<em>Second Payment:</em>

830,000,000 x 5.5% = 45,650,000

750,650,000 x 6% = 45,039,000

Amortization 611000

Carrying Value 750,650,000 + 611,000 = 751,261,000

Wer now compare this with the 756,000,000

as now the debt of the company has increased we are going to decrease the discounttand recognize a deferred loss through other comprehensive income as it wasn't realized

756,000,000 - 751,261,000 = 4.739.000‬

7 0

3 years ago

Serges is the owner of a retail meat marketing business. Without authority his managing agent borrowed $3,500 from David, on Ser

cupoosta [38]

Answer:

slattxiana

Explanation:

3 0

3 years ago

Visit any retail store in your community and request a 20 minutes appointment to interview the owner or manager so that you can

Len [333]

The three objectives in the retail store are:

Excellent Customer Service.
Boast Brand Awareness.
Create or form Brand Loyalty.

<h3>What is average revenue?</h3>

Average revenue is known to be the one that depicts how much revenue exist per unit of the output.

Marginal revenue is one that connote the increase or boast up that is found in total revenue as it is said to be increasing from one output unit.

Note therefore, that if the three objectives in the retail store are meant, the store will have a lot of customers.

Learn more about retail store from

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6 0

2 years ago

Japan's domestic customers in the camera industry generated a high home demand, which has helped stimulate the innovation of cam

alina1380 [7]

Answer:

<u><em>Local demand conditions</em></u>.

Explanation:

Michael Porter developed the diamond model, which is a framework that identifies the factors that help some organizations in a given country to be internationally competitive because they are so innovative.

For Porter companies that have international competitive advantages have a set of localization advantages, which include:

Strategy,
Structure and Company Rivalry advantages;
Factorial conditions;
Demand conditions; and
Industries.

7 0

3 years ago