answer.
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
DerKrebs [107]
2 years ago
9

A high school student working part-time as a cashier had a gross income of $6727 last year. If his federal tax rate was 10% and

his state tax rate was 4.3%, what was the amount withheld from his pay last year in federal tax, state tax, and FICA combined?
Business
1 answer:
8_murik_8 [283]2 years ago
3 0

Federal tax rate = 10%

State tax rate = 4.3%

Social security = 6.2%

Medicare = 1.45%

Total deductions = 21.95%

Amount withheld = 21.95%*6727 = $1476.58

You might be interested in
Many firms include on their employment applications a box that job seekers are asked to check if they have ever been convicted o
maria [59]

Answer:

These two statements are correct:

A. Potential employers may have believed that those with black-sounding names had completed less education.

African Americans on average have less rates of graduation from tertirary education than White Americans.

This situation might lead some employers to develop streotypes about African Americans being less educated, when it is clearly an error, and unfair, to reject a potential employee because of stereotyping instead of making an individualized analysis of his or her abilities.

D. Hiring firms may have believed that those with black-sounding names were more likely to have a criminal conviction.

African Americans on average are incarcerated more often than other ethnic groups in the US. The reasons for this are complex but poverty and racial discrimination are two big factors. This situation causes some employees to develop streotypes, leading to unfair situations as described in the first answer.

5 0
2 years ago
In the airline industry, consolidation among fuel providers serving airport facilities would be considered as ____ factor in the
faltersainse [42]

Answer:

The correct answer is letter "C": an increase in the bargaining power of suppliers of a critical input.

Explanation:

Porter's Five (5) Forces is an analysis scheme created by Harvard School Professor Michael E. Porter (<em>born in 1947</em>). The ultimate goal of this analysis is to help managers set their expectations because profitability decreases as competition increases. Three of the five forces relate to industry (horizontal) participants - <em>the threat of substitutes established rivals, and new entrants</em>. The other two relate to the vertical participants - <em>the bargaining of suppliers and consumers</em>.

In the case, as airline fuel suppliers are consolidating, this would represent the bargaining of suppliers factor in Porter's theory. They could joint to decide quantities supplied or even prices.

3 0
2 years ago
Samara is considering how she should handle the fact that her employer overpaid her on her last check. should she say something?
Step2247 [10]

The answer is Persuasive judgement. In this perspective, persuasive messages are thus able to activate an attitude change that can modify behaviors of consumers, voters and individuals in general. The persuasive strategies used by advertisers who want you to buy their product can be divided into three categories: pathos, logos, and ethos. Pathos: an appeal to emotion.

7 0
2 years ago
Vaughn Manufacturing has outstanding 596000 shares of $2 par common stock and 119000 shares of no-par 6% preferred stock with a
natima [27]

Answer: $107,900

Explanation:

Cumulative Preferred Shares refer to shares that a company has to pay dividends eventually. This means that if they are unable to pay for some years, they are to accrue that payment until they are able to.

There are 119000 shares of no-par 6% preferred stock with a stated value of $5.

That means preferred shares are liable to the following amount of dividends,

= 119,000 * 5 * 6%

= $35,700

Preferred Shares have not being paid for the past 2 years and need to be paid in the current year as well. That means 3 payments,

= 35,700 * 3

= $107,100

Preferred Shares are to be paid $107,100 out of the $215,000 with the rest going to common shares.

Amount going to Common Shares is,

= 215,000 - 107,100

= $107,900

Common Stockholders are to receive $107,900

7 0
2 years ago
When applying for jobs, job seekers often focus on a desired salary while ignoring other aspects of the job offer such as benefi
Lena [83]

Answer:

A) anchoring bias

Explanation:

Anchoring bias refers to a common mistake of relying heavily on the first information that we get, or in this case, the first information that we look for.

We all tend to suffer from anchoring bias, that is why it is one of the oldest sales techniques. Everyone has seen an ad that states a before price and a discount price. If the difference between the before price and the after price are significant, then we will consider that it is a bargain. Or a salesperson first shows us an expensive product, and then shows us a similar but lower priced product, we tend to believe the second product is cheap.

When most of us look for a job, of course we focus on the salary, since we want to work to earn money. But only focusing on the salary is seeing only half the picture, although the most important half. Other associated benefits or costs are usually not considered, e.g. a high paying job might also require dressing formally or spending a lot of time travelling.

3 0
2 years ago
Other questions:
  • Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families c
    11·1 answer
  • Shawn received an e-mail offering a great deal on music, movie, and game downloads. He has never heard of the company, and the e
    12·2 answers
  • At the beginning of the year, Brick Makers had cash of $183, accounts receivable of $392, accounts payable of $463, and inventor
    13·1 answer
  • Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcomin
    11·1 answer
  • John and Brett have determined that the​ break-even point for their educational toys business is​ 60,000 units per month. Any un
    9·1 answer
  • For years, many U.S. corporations made cameras. Today; however, most cameras sold in the United States are imported from Japan a
    7·1 answer
  • Alfred, a software programmer at Gamma Inc., develops a program that spreads Trojan viruses to the organization’s network. When
    6·1 answer
  • The variety of Riverside Ranger logo T-shirts includes 12 different designs. Setup between designs takes one hour (and $18,000),
    9·1 answer
  • Spencer Chemical Corporation produces an oil-based chemical product which it sells to paint manufacturers. In 2019, the company
    11·1 answer
  • Houston repeatedly promised his daughter, Allyson, that he would pay one-half of the costs for Allyson to attend a private, hist
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!