BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $127,200 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 3.1% and SUTA taxes are 2.9% of the first $7,000 paid to its employee.
Answer:
a.
Taxes to be withheld from Gross Pay (Employee - Paid Taxes)
September Earnings Tax Rate Tax Amount
Subject to Tax
Federal Income tax $80.00
FICA - Social Security 800 6.20% $49.60
FICA - Medicare 800 1.45% $11.60
Total $141.20
FICA - Social Security = 800 * 6.2% = $49.60
FICA - Medicare = 800 * 1.45% = $11.60
b.
Date General Journal Debit Credit
Sep 30 Salaries Expense $800
Federal income tax payable $80
FICA taxes Payable - Social Security $49.60
FICA taxes Payable - Medicare $11.60
Salaries Payable $658.80
Salaries Payable = 800 - 80 - 49.60 - 11.60 = $658.80
25 points
What is it called when you change the color within a theme?
Question options:
Color change
Transition color
Variant
Flexible coloring
Answer:
transition color
Explanation:
i just finished the test
Allison corporation acquired 90 percent of bretton on January 1, 2016. Of Brettons total acquisition date fair value, $60000 was allocated to undervalued equipment
Answer:
Hello your question is incomplete attached below is the complete question
answer : consolidated Total sales = $1008000
Explanation:
Determine the consolidated totals for sales
to get the consolidated totals for sales we have to add up the two book values then subtract $92000 ( which is the entity transfers )
Consolidated Total sales = ($70000 + $400000 ) - $92000
= $1100000 - $92000 = $1008000
One way products can be categorized is by brand.
O a) True
Ob) False
Answer:
A. True.
Explanation:
One of the direct implementation for this categorization can be seen if you go to your supermarket. Supermarkets tend to categorize their product in a way that resulted in the most sales.
In order to achieve this, they tend to lined up the most popular brands on a place that's close to costumers' eye level on the shelf. The less popular brand will be place on top or lower part of the shelf that's a little bit harder to see.
Match each effect with the correct type of trade barrier
A. Standards
B. Quotas
C. Embargoes
A. Restrict exports entirely and can be used as punishment
B. Place limits on imports and can drive up prices
C. Enforce rules to uphold quality and are intended to protect consumers
Answer: i got you
Explanation:
standards= C
Quotas= B
Embargoes= A
Trade Barrier although it affects "free trade" is not a negative term. The Correct match of given options are A - C, B - B, C- A.
Trade Barrier
For a Nation, the concept of "Free Trade" is not altogether positive as it can sometime affects their domestic industries which are not capable to compete big companies. To overcome this issue "Trade Barrier" is used, apart from economic reason, it can also be used for political reasons.
In the following question we have to match different types of trade barrier with their definition. Here are the correct match:-
A. Standard - C. Enforce rules to uphold quality and are intended to protect consumers.
B. Quotas - B. Place limits on imports and can drive up prices
C. Embargoes - A. Restrict exports entirely and can be used as punishment.
Learn more about Trade Barrier here:
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have seen ystuckey on brainly
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Explain one advantage of good branding to a business.
Answer:
I DIDN'T COPY FROM GOOGLE, I PUT IT IN MY OWN WORDS
Explanation:
Having a good, customary brand amplifies your reliability with Customers, your production, and the marketplace as a whole. As you boost your credibility, you also construct acknowledgment, allegiance, and competitiveness.
Does walking your neighbors dog everyday (and there elderly) count as community service?
Answer:
It depends.
Explanation:
If you are helping people who need help, and if they are your neighbors, then they are in your community. Thus, you are doing community service.
Although, if they don't need help and you keep insisting, then that might not be community service because they don't need your help.
Match the examples with the types of goods. To match them, click the example, and then click the type of good.
Match the examples with the types of goods.
To match them, click the example, and then click the type of good.
Omar buys a snack bag of chips that he noticed while waiting in line at the store.
Unsought good
Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in an accident or burglary.
Convenience impulse good
Jamie goes to the store to buy toothpaste.
Convenience staple good
Wanda reads reviews of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item.
Shopping good
Adriana only buys doughnuts from her favorite local doughnut shop.
Specialty good
Answer:
1. Convenience impulse good
2. Unsought good
3. Convenience staple good
4. Shopping good
5. Specialty good.
Explanation:
1. Omar buys a snack bag of chips that he noticed while waiting in line at the store: Convenience impulse good.
A convenience impulse good can be defined as goods (products) that an individual purchases without planning to buy them or having prior intention to do so. Therefore, convenience goods are easily available and often purchased by impulse.2. Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in an accident or burglary: Unsought good.
Unsought goods can be defined as goods or services that an individual do not think of buying or isn't aware of but purchases due to a fear of danger (damage).3. Jamie goes to the store to buy toothpaste: Convenience staple good.
A convenience staple good can be defined as goods (products) that an individual consumes on a regular basis and as such are purchased more often.4. Wanda reads reviews of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item: Shopping good.
Shopping goods can be defined as goods (products) that an individual purchases after doing due diligence by comparing its style, quality and price in other stores.5. Adriana only buys doughnuts from her favorite local doughnut shop: Specialty good.
Specialty goods refers to consumer goods that an individual considers to be exclusive and unique, for which he or she would go any length and perhaps, do anything to get them due to the strong preference.Why is international trade important to most countries?
A. Trade allows countries to acquire natural resources not found in
their own territories.
B. Trade ensures that countries will not create trade deficits that
harm their economies.
C. Trade protects countries from economic competition with
neighboring countries.
D. Trade encourages countries to produce all the goods their citizens
need.
The transfer of welfare's, services, commodities among the nation for financial gain is called international trade.
The correct answer is:
Option A. Trade allows countries to acquire natural resources not found in their territories.
This can be explained as:
Import and export of sources between the countries allow the nation to grow their market and assets.Because of the international trade modes, the availability of the assets not produced in their country is available for the citizens to utilize.It gives more employment and hence improves the nation's economy.Therefore, trade allows countries to avail resources that are found in their region.
To learn more about international trade follow the link:
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Answer:
A
Explanation:
Which one of the following business stakeholder groups can exert pressure on a business by imposing stricter credit terms, or by refusing to grant further credit?
A. D suppliers B. customers C. shareholders D. pressure groups
Answer:
A. D suppliers
Explanation:
Suppliers are traders who sell materials and other items to a business. Suppliers are stakeholders in any company that they supplier products or services. They have commercial interests as creditors to the company.
Because suppliers are the one's who sell to a business of credit, they are the only ones who can impose credit terms on the business. Suppliers may also relax the credit terms or deny the business credit facilities depending on their risk assessment of the company.
Pls help i need help fast pls
The percentage of a person's pay that is deducted for FICA-Social Security is _____.
Group of answer choices
6.2%
1%
3%
10%
Answer:
6.2%
Explanation:
According to the Employers Tax guide Employer's publication 15 of 2020, an employee social security deduction should be 6.2% of their gross pay. It means the employee is deducted 6.2% of gross pay as social security tax. The employer is also expected to contribute 6.2% of the employee' gross pay.
As a student, you are able to earn extra money by assisting your neighbors with odd jobs. If you charged $10.25 an hour for your assistance, about how many hours would you need to work to earn $8,425? Show your work.
Answer:
822 hours
Explanation:
The charge per hour is $10.25.
To earn a total of $8,425, one need to work ? hours.
1 hr =$10.25
? hrs = $8,425
?hrs = $8,425 / $10.25
=821.951
=822 hours
the fact that companies can store and access emails sent or received on their equipment limits which of your rights
Answer: the answer is Privacy
Explanation:
They are limiting your rights of privacy by them being able to access your emails and such if that makes sense.
Answer:
Privacy
Explanation:
A p e x
Bought a machine for Rs.100000 from ABC trading concern in account
Answer:
whats the question. Please let me know
Explanation:
Should Shaun use gross pay or net pay when creating his budget? Explain your
reasoning.
Answer:
jjheeeneemme
Explanation:beenem
3
Why is it essential to think about interest and ability while selecting an occupation Clarify in five sentences
"I think Interest and Ability are equally important for a magnitude of reasons. Interest is a key factor because you never wanna be bored at work. Find a job you love, and you'll never work a day in your life. Ability is important because you at least wanna be good enough at your job so your employer doesn't fire you."
Explanation:
Maybe change up some of those words just so it can seem uniquely yours.