Jillian a single individual earns $230,000 in 2018 through her job. What is her FICA TAX?
A: $10,001
B:$11,566
C:$17,595
D:$11,296
Answer: A
Explanation: (118,500 × .062) + (230,000 × .0145) + ((230,000 - 200,000) × .009) = $10,001
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In Heintz v. Jenkins, the Supreme Court held that the Fair Debt Collection Practices Act:
a. applies to people who have at least $4,000 worth of debt b. applies only to collection agencies located outside the U.S. c. applies to attorneys who regularly collect consumer debt d. applies only to collection agencies with more than 50 employees e. none of these is correct
If A and B are mutually exclusive events, then P(A ? B) = 0
A) True B) False
If the hedge ratio for a stock call is 0.60, the hedge ratio for a put with the same expiration date and exercise price as the call would be
A. 0.60. B. 0.40. C. ?0.60. D. ?0.40. E. ?0.17.
According to the GASB, Capital assets:
A. must be reported in government-wide statements and in proprietary fund financial statements. B. must be reported in government-wide statements but are not reported in any of the fund financial statements. C. are to be reported but not depreciated in government-wide and fund financial statements. D. are not to be reported in either government-wide or fund financial statements.