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3 years ago

Bob's Auction House's payroll for June includes the following data:

1 answer:

6 0

Gross earnings $3,200
Salaries subject to FICA:
6.2% OASDI 2,500
1.45% Medicare 3,000
Salaries subject to unemployment:
0.8% FUTA 2,000
2.0% SUTA 2,000
Other deductions include:
Federal income tax 500
State income tax 300

The gross pay is :

B) $1,942.40

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When is a physical inventory usually taken? When goods are not being sold or received. When the company has its greatest amount

Natali5045456 [20]

Answer: The correct answer is " At the end of the company’s fiscal year. ".

Explanation: The physical inventory is the manual count of all the stocks of a company. This, considering the inputs, products in process, final goods, fixed assets, among others. Therefore it is done at the end of the company's fiscal year for control and adjustment purposes.

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3 years ago

if you want to determine the equal annual end of year payments necessary to amortize fully $6,000,10%loan over 4 years

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Answer:

$2,400.

Explanation:

$6,000×10%4years
100
$60×10×4
$600×4
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4 years ago

What is the first step in the marketing research process? developing a marketing information system defining the problem and res

Y_Kistochka [10]

The first step is defining the problem and research objectives.

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4 years ago

Getler Inc.'s projected capital budget is $2,000,000, its target capital structure is 40% debt and 60% equity, and its forecaste

anyanavicka [17]

Answer:

The correct answer to the following question will be Option e (0 $ 200,000).

Explanation:

Residual dividend policy should be used for businesses that fund their capital needs by wealth earned at home. Such that, companies can make investments only if all investment requirements are satisfied by something like internal resources instead of moving to something like the marketplace.

Capital Budget = $2,000,000

Capital structure will be:

Debt = 40%

Equity = 60%

Income = $1,000,000

So let us measure the balance of our Expected Debt and Equity first:

Debt = $2,000,000 \times 40 \ percent$

= $800,000$

Equity = $2,000,000\times 60 \ percent$

= $1,2000,000$

As we know our income will be $1,000,000.

Then maybe we can have been using our inner income of $1,000,000 to funding everyone's capital requirement of $1,2000,000.

So,

Residual amount = $1,000,000 - 1,2000,000$

= $-200,000$

This suggests that our organization has to sell upwards of $200,000 shares of assets and therefore will not be capable to afford to pay some distributions yet. So that option e would be the right answer.

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3 years ago

Quick Computing currently sells 15 million computer chips each year at a price of $18 per chip. It is about to introduce a new c

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How July si Times yo no xente mono nada

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3 years ago