Answer:
$2,46500
Explanation:
Self-employment Earnings are profits made from carrying on a "trade or business" as a sole proprietor, an independent contractor, or some form of partnership. For a trade or business, to be considered self employment, does not have to be profitable, and it shouldn't be a full time thing but profit must be your motive.
To calculate your self employment income Subtract ordinary and necessary trade or business expenses from the gross income you derived from your trade or business.
Note that, the amount subject to self-employment tax is 92.35% of your net earnings.
Remember you pay income tax on your profits only, not your total income. Subtract your business expenses from your total income. This is the amount you will pay income tax on.
For Karlie
HI taxable Self employment earnings = $85,000
HI Self employment tax = ($85,000 × 0.29)
= $24650
Hence the portion of her earnings subjected to two parts of security tax is #2,46500.
Answer:
Total cost = Total ordering cost + Total holding cost
Total cost = DCo + QH
Q 2
Where
D = Annual demand
Co = Ordering cost per order
Q = EOQ
H = Holding cost per item per annum
D = 40,000 units
Co = $48
H = 18% x $8.00 = $1.44
EOQ = √2DCo
H
EOQ = √2 x 40,000 x $48
$1.44
EOQ = 1,633 units
Explanation:
EOQ equals 2 multiplied by annual demand and ordering cost divided by holding cost per item per annum. The holding cost per item per annum is calculated as holding cost rate multiplied by unit cost.
Answer:
The correct answer is $0.16.
Explanation:
According to the scenario, the given data are as follows:
Total cost = $1,000,000
Total units = 5,000,000
Salvage value = $200,000
So, we can calculate the depletion expense per board foot by using following formula:
Depletion expense = ( Total cost - Salvage value) ÷ Total Units
By putting the value, we get
Depletion expense = ( $1,000,000 - $200,000) ÷ 5,000,000
= $0.16
Answer:
Contributor to quality and satisfaction
Explanation:
Service experiences are the results of interrelation between the customers and the organization respectively. Customer satisfaction is one of the basic requirement of any service provider. At some instances, customers play a very important role in achieving the satisfaction and the value of the service received. Also, they have roles in achieving quality and productivity while experiencing the service.
The complete question is as follows:
The admission directory of Big City University has a novel idea. He proposed using the IQ scores of current students as a marketing tool. The university agrees to provide him with enough money to administer IQ tests to 50 students. So the director gives the IQ test to an SRS of 50 of the university’s 5000 freshman. The mean IQ score for the sample is xbar=112. The IQ test he administered is known to have a σ of 15. What is the 95% Confidence Interval about the mean? What can the director say about the mean score of the population of all 5000 freshman?
Answer: The 95% confidence interval about the mean is 
.
The director can say that he is 95% confident that the mean IQ score of the 5000 freshmen lies between 107.84 and 116.16.
We follow these steps to arrive at the answer:
Since the population standard deviation of the IQ test is known, we can use the Z scores to find the confidence interval.
The formula for the confidence interval about the mean is:
In the equation above, X bar is known as the point estimate and the second term is known as Margin of Error.
The Critical Value of Z at the 95% confidence level is 1.96.
Substituting the values in the question in the equation above we have,
