Martin Jackson receives an hourly wage rate of $30, with time and a half for all hours worked in excess of 40hours during a week. Payroll data for the current week are as follows: hours worked, 46; federal income taxwithheld, $350; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the net amount to be paid toJackson?
a. $1,470.00
b. $1,009.75
c. $1,097.95
d. $460.25
b
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Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. Cost of goods sold$500,000 Merchandise inventory, January 1 85,000 Merchandise inventory, December 31 97,000 Accounts payable, January 1 68,000 Accounts payable, December 31 60,000
A. $480,000. B. $520,000. C. $512,000. D. $585,000. E. $508,000.
Rational decomposition describes the process of breaking down a complex system or set of processes into smaller parts or tasks. _________________________
Answer the following statement true (T) or false (F)
What two elements must exist together before a person can be convicted of a crime? Provide an example of a crime where one of these elements can be missing
Northwest is a micro-brewery. It orders bottles from M that must have crests inscribed on the bottles. To be sure the bottles meet specifications, Northwest hires someone to check them as they were produced at M. With respect to the expenses of hiring the inspector:
a. Northwest pays the expenses but may recover them if the bottles do not conform b. Northwest must pay the expenses under any circumstances c. M must pay the expenses because the bottles are a unique item d. M must pay the expenses since Northwest is not liable for any expenses until the bottles are accepted e. none of the other choices