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Assuming a FICA tax rate of 8% on the first $100,000 in wages, and a federal income tax rate of 20% on all wages, what would be an employee's net pay for the year if he earned $120,000 for the year?
koji cameras inc. has a disposables division that produces a camera that sells for 10 per unit in the open market. the
The partnership paid office expenses of $100,000. In addition, KKM distributed $10,000 each to partners Kaylyn and Kristie, and the partnership paid partner Megan $20,000 for administrative services. Kaylyn reports the following income from KKM du..
A certain stock paid a dividend of $2.00 yesterday and has a history of growth in dividends of 15% annually. What dividend will the stock pay in 10 years?
the outstanding capital stock of pennington corporation consists of 2600 shares of 108 par value 6 preferred and 5800
sanilac county has a lease on a lawn mower for 2500 per month and .02 per minute of operation. operating costs for fuel
lindex company uses a process costing system. the following data are available for one department for octoberpercent
balance sheet of microsoft corporation reported property plant and equipment of 6078 million and accumulated
bingham corporation uses the weighted-average method in its process costing system. data concerning the first
Firm has forecasted sales of $3,000 in April, $4,500 in May and $6,500 in June. All sales are on credit. 30% is collected the month of sale and the remainder the following month. What will be balance in accounts receivable at the beginning of J..
Finch's taxable income for the current year is $100,000, and it distributes $200,000 to each shareholder. Betty's stock basis at the end of the year is:
mason co. issued 840000 of five-year 13 bonds with interest payable semiannually at a market effective interest rate of
Mr. James runs a retail shop. Calculate the net income or net loss in reference to the following transactions that occurred during the month of January. Solve this problem using an electronic spreadsheet.
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