Thomas Martin receives an hourly wage rate of $40, 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, 48; federal income taxwithheld, $350; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the gross pay for Martin?

a. $449
b. $1,730
c. $2,080
d. $1,581


c

Business

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The term logistics management describes the integration of activities necessary to ensure the efficient flow of raw materials, in-process inventory, and finished goods from producers to customers

Indicate whether the statement is true or false

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For Melinda's will to be valid, she must be mentally competent at the time of

a. death. b. the acquisition of the property to be distributed under the will. c. the making of the will. d. the probate of the will.

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Which of the following line items of the statement of cash flows must be obtained from the income statement?

A) accruals in current liabilities B) interest expenses C) accounts receivable D) cash dividends paid on both preferred and common stocks

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