Answer:
The net pay for John Jansen is $2894
Explanation:
For calculating the net pay for John Jansen we have to subtract all the FICA taxes and federal income taxes and also state income taxes, with authorized voluntary deductions also being subtracted from the gross earnings .
Given information - Gross earning = $4000
FICA taxes = 7.65%
Federal income taxes = $675
State income taxes = 3%
Authorized voluntary deductions = $5
One important to remember here is that FICA taxes and State taxes would be calculated on the gross earnings of John
FICA taxes = 7.65% of $4000
= .0765 x $4000
= $306
State taxes = 3% of $4000
= .03 x $4000
= $120
NET PAY = gross earnings - FICA tax - state tax - federal income tax -
authorized voluntary deduction
= $4000 - $306 - $120 - $675 - $5
= $2894
Answer:
$25,000
Explanation:
The computation of the adjusted balance of retained earning is shown below:
Since the depreciation expense is overstated on 2019 which decreased the earnings so it would be added
Since the depreciation expense is understated on 2020 which increased the earnings so it would be deducted
And, the ending inventory for 2020 is understated which decreased the earning so it would be added
Therefore, the adjusted balance is
= $24,000 - $4,000 + $5,000
= $25,000
Answer:
Step 1:
Start by setting it up with the divisor 20 on the left side and the dividend 16 on the right side like this:
2 0 ⟌ 1 6
Step 2:
The divisor (20) goes into the first digit of the dividend (1), 0 time(s). Therefore, put 0 on top:
0
2 0 ⟌ 1 6
Step 3:
Multiply the divisor by the result in the previous step (20 x 0 = 0) and write that answer below the dividend.
0
2 0 ⟌ 1 6
0
Step 4:
Subtract the result in the previous step from the first digit of the dividend (1 - 0 = 1) and write the answer below.
0
2 0 ⟌ 1 6
- 0
1
Step 5:
Move down the 2nd digit of the dividend (6) like this:
0
2 0 ⟌ 1 6
- 0
1 6
Step 6:
The divisor (20) goes into the bottom number (16), 0 time(s). Therefore, put 0 on top:
0 0
2 0 ⟌ 1 6
- 0
1 6
Step 7:
Multiply the divisor by the result in the previous step (20 x 0 = 0) and write that answer at the bottom:
0 0
2 0 ⟌ 1 6
- 0
1 6
0
Step 8:
Subtract the result in the previous step from the number written above it. (16 - 0 = 16) and write the answer at the bottom.
0 0
2 0 ⟌ 1 6
- 0
1 6
- 0
1 6
You are done, because there are no more digits to move down from the dividend.
The answer is the top number and the remainder is the bottom number.
Therefore, the answer to 16 divided by 20 calculated using Long Division is:
0
16 Remainder
Explanation:
I think the most appropriate answer would be "a car dealership salesman" would be the opportunity cost.
I hope it helped you!
I guess the correct answer is the narrow view, or invisible hand theory
.
The narrow view, or invisible hand theory, holds that producing profit is more important than being socially responsible.
