Answer:
$13,296
Explanation:
Federal unemployment tax rate = 0.8% of 96,000 = 768
State unemployement tax rate = 5.4% of 96,000 = 5,184
Social security tax rate+medicare tax rate = 6.2%+1.45% = 7.65%
7.65% of 96,000 = 7,344
So total tax expense = 768+5,184+7,344 = $13,296
So answer is $13,296
Do you have anything that’s unique? Have you operated in
Customer Service before? That means you have x years of Customer Service
experience. That is the experience that they would look at to hire you over another
person who can’t put anything in there. Have you operated in food service
before? Then you have x years of experience in that, too.
Answer and Explanation:
According to the scenario, journal entry for the given data are as follows:
Cash A/c Dr. $1,000
Supplies A/c Dr. $3,000
Land A/c Dr. $8,000
Equipment A/c Dr. $5,000
To A/c Payable A/c $4,500
To Notes payable A/c $3,100
To M. Derr capital A/c $9,400 ($1000+$3000+$8000+$5000-$4500-$3100)
(Being Derr's investment is recorded)
Answer: he could benefit from adopting such a system, but should also consult with an accountant for advice about what's best.
Answer:
During the Great Depression many businesses failed. The default risk for the corporate bond increased compared to the default-free Treasury bond. The demand for corporate
bonds decreased while the demand for Treasury bonds increased resulting in a larger risk premium.
Explanation:
