Answer:
a) gross pay
c) $1,496.34.
Explanation:
The realized income is the amount you actually received and it is taxable. According to this, the answer is gross pay as it is the money you earn before taxes are deducted.
-Realized income:
$12.75*40= 510*4 = $2,040
FICA (7.65%)= $156,06
Federal withholding (12%)= $244,8
state withholding (7%)= $142,8
$2,040-$156,06-$244,8-$142,8= $1,496.34
Answer: Quality
Explanation:
High-performance teams refers to the teams, or organizations which focuses on their goals and therefore achieve superior results and outperform other similar teams.
The component of effective high-performance teams that is represented by the use of real-time feedback devices is quality.
Answer:
d. Debra will prevail, as Ted is bound to the contract
Explanation:
Options are <em>"a. Ted will prevail because Debra was a minor when the contract was formed b. the contract is illegal c. the contract is void d. Debra will prevail, as Ted is bound to the contract"</em>
The general rule is that a minor can enter into any contract an adult can, provided that the contract is not one prohibited by law for minors such as the sale of alcoholic beverages or tobacco. Debra is a minor (below age of 18) and she can honor the contract or make it Void. Since she did not make it Void the contract, Ted is bound to the contract as per the Contract Act. So, Debra can recover because Ted was bound to the agreement. Hence, the correct answer is <u>Debra will prevail, as Ted is bound to the contract</u>.
Answer:
presents the revenues and expenses for a specific period of time.
Explanation:
The total revenues and total expenditures are reported in the income statement.
When the total income exceeds total expenditure then the company earns net income And if the total income is less than the total expenditure then the company has a net loss.
This net income or net loss is shown in the retained earnings account statement.