An executive for ABC Corporation earns $170,000 per year. FICA tax for Social Security is 6.2% on the first $127,200 of earnings each calendar year and the FICA tax for Medicare is 1.45% of all earnings. The FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. What is the amount of the employer's payroll taxes expenses for this employee?
A. $23,205.00
B. $13,005.00
C. $10,150.80
D. $10,351.40
E. $10,771.40
Answer: E
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The marketing-mix component called "people" reflects all the creativity, discipline, and structure brought to marketing management
Indicate whether the statement is true or false
In its first year of business, Borden Corporation had sales of $2,200,000 and cost of goods sold of $1,300,000. Borden expects returns in the following year to equal 6% of sales. The adjusting entry or entries to record the expected sales returns is (are):
A.
| Sales Refund Payable | 132,000? | |
| Accounts receivable | 132,000? |
B.
| Sales Returns and Allowances | 132,000? | |
| Sales Refund Payable | 132,000? | |
| Inventory Returns Estimated | 78,000? | |
| Cost of goods sold | 78,000? |
C.
| Accounts Receivable | 2,200,000? | |
| Sales | 2,200,000? |
D.
| Sales | 2,200,000? | |
| Sales Refund Payable | 132,000? | |
| Accounts receivable | 2,068,000? |
E.
| Sales returns and allowances | 132,000? | |
| Sales | 132,000? | |
| Cost of Goods Sold | 78,000? | |
| Inventory Returns Estimated | 78,000? |
You have just returned from an interview with a company, and you are considering the appropriateness of a thank-you letter or note. The thank-you message:?
A) ?is not necessary if you thanked the interviewer in person after the interview. B) ?should be sent promptly in order to be effective. C) ?should be sent by mail rather than an email to give you a competitive advantage. D) ?should include a reminder that the application for the job is on file.
The two most common citation formats are those presented by the Modern Language Association (MLA) and the American Psychological Association (APA)
Indicate whether the statement is true or false