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
IgorLugansk [536]
2 years ago
13

Aaron norman earned $24,900 for the year from marcus company. the company is subject to a suta tax of 4.7% on the first $9,900 o

f earnings. determine: (round your answers to two decimal places, if necessary.)
a. the employer's futa tax on norman's earnings $ .

b. the employer's suta tax on norman's earnings $ .
Business
1 answer:
Svetach [21]2 years ago
4 0

Answer:

To calculate the Federal Unemployment Tax Act (FUTA) taxes that the employer must pay we have to multiply Aaron's salary times FUTA tax rate:

$24,900 x 0.6% = $149.40

To calculate the State Unemployment Tax Act (SUTA) taxes that the employer must pay we have to multiply Aaron's salary times SUTA tax rate:

$9,900 x 4.7% = $465.30

You might be interested in
Explain how the ntsb can be a reactive organization in terms of accident/incident investigation (after the fact yet, still be a
kolbaska11 [484]
A definitive objective or reason behind mishap examination is to discover the underlying drivers of why the mischance happened so that if comparative examples happen later on viable controls or techniques can be set up to keep a reoccurrence of the mishap. Rodrigues and Cusic portray the reason behind mischance examinations as, "To help counteract mishaps, the NTSB creates and issues security proposals to other government offices, industry, and associations that are in a position to enhance transportation wellbeing."
4 0
2 years ago
Jupiter Satellite Corporation earned $29 million for the fiscal year ending yesterday. The firm also paid out 30 percent of its
Arturiano [62]

Answer:

11.13%

Explanation:

Calculation to determine the required rate of return on the stock

Using this formula

Required rate of return=Last EPS*Payout*(1+RoE*(1-payout rate))/Current Price+RoE*(1-payout rate)

Let plug in the formula

Required rate of return=29/2.6*30%*(1+11%*(1-30%))/105+11%*(1-30%)

Required rate of return=11.13%

Therefore the required rate of return on the stock will be 11.13%

7 0
1 year ago
Explain the impact of effective purchasing on an operation’s cash flow.
Paraphin [41]

Answer:

Thus, effective purchasing Implies buying the right items needed for operations at the right/fair price so as to reduce the total cost of operations, which invariably leads to more Profit since there's reductions in costs.

8 0
1 year ago
Jack is a self-employed contractor. He uses his Ford F250 in his business. He does not have another vehicle for personal use. He
miskamm [114]
C business mileage during the year to claim the standard mileage rate for the business
5 0
1 year ago
If the direct quote for a U.S. investor for British pounds is $1.43/£, then the indirect quote for the U.S. investor would be __
Tpy6a [65]

Answer:

The answer is A. £0.699/$; £0.699/$

Explanation:

The direct quote for British investor is the same as the indirect quote for the U.S. investor.

Calculation is as follows; 1/1.43 = 0.699

7 0
1 year ago
Other questions:
  • Grain co-op, llc and hearty cereals, inc., discuss the terms of a contract for periodic deliveries of corn. grain faxes hearty a
    14·1 answer
  • Describe analogous, parametric and bottom-up estimating, and briefly discuss the advantages and disadvantages of each method.
    12·1 answer
  • When Benjamin purchased a camera at Best Buy, the cashier asked him for his home zip code. Which of the following approaches was
    6·1 answer
  • b. When launching a new brand, we discussed in lecture that it is best to build the brand first with PR, and then sustain it wit
    7·1 answer
  • At the beginning of October, owners' equity in Waldorf was $480,000. Given the transactions in October 2018, what will be the ow
    7·2 answers
  • Consider the following vignette. Aboard the cruise ship Royal Majesty, a breakfast diner complains to the waiter that the meal i
    6·1 answer
  • An ad for Calloway Resorts stresses the different recreational activities available to visitors. It also explains the various fa
    12·1 answer
  • "Flo is considering three mutually exclusive options for the additional space she plans to add to her specialty women's store. T
    7·1 answer
  • Vince Lupino works for Best Supplies Company, which pays its employees time and a half for all hours worked in excess of 40 hour
    6·1 answer
  • Ted, a project manager, wants to invest in a project with an initial cost of $58,500 and cash flows of $32,400 and $38,500 in Ye
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!