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
Answer:
Option (b) is correct.
Explanation:
Before 1966, Catholics were restricted from consuming meat on Fridays and they ate fish on Fridays. But after 1966, there were no such restrictions are there and they are free to eat meat on Fridays, now Catholics also consume meat on Fridays.
This will result in an increase in the demand for meat and demand for fish decreases. So, this will shift the demand curve of fish leftwards and demand curve of meat rightwards.
Answer:
I used an excel spreadsheet to calculate this:
the least squares regression line:
y = a + bx
y = $2,937 + 3.96x
where y = total cash wash costs and x = rental returns
fixed costs = $2,937 per month
variable cost = $3.96 per car washed
Answer:
46,000 ending cash balance
Explanation:
50,000 Ariel Investment
+ 10,000 cash revenues
- 14,000 cash expenses
46,000 ending cash balance
(assuming no other transaction impacted the cash account)
When you are asked for a ending value, you should identify first, if there is a beginning value, something which start the balance of the account.
Like inventory in hand, supplies in hand, equipment, accounts payable
Then you have to figure out which trasnaction incresae the balance
and which decrease it.
<u>Finally you put them together:</u>
<em>beginning + increase - decrease = ending</em>
