Angela wants to calculate her take-home pay. She earns $1,377 monthly.
She pays federal tax of $200
state tax of $41.31,
and 7.65% in FICA tax.
Let's solve for Angela's monthly net pay.
=> 1 377 dollars * 0.0765 = 105.34 dollars is the FICA tax
=> 1 377 - (105.34 + 200 + 41.31)
=> 1377 - 346.65 = 1030.35 dollars is her monthly net pay,
It’s going to be A and it’s self explanatory so i don’t have an explanation
Answer: Jackson would decrease CASH and increase EXPENSES in the accounting equation.
Explanation: Jackson would lose cash by spending his money and his Living expenses will also rise along with it.
Answer:
Total deduction 2,443.21
Explanation:
8,288
x 6.20% Sccial Security 513.856
x 1.45% Medicate 120.176
x 6.20% FUTA&SUTA (for 7,000) 434
Income tax witheld 1,375.17
Total deduction 2,443.21
We will multiply his taxable wages for period by the tax rate.
We must noticew FUTA and SUTA applies fdor the first 7,000 only so we multiply by 7,000 not by 8,288
Answer:
marginally attached staff and part-time staff that hope on getting full-time jobs
