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Calculate a Profit Sharing Contribution for each employee. The formula is 3% of compensation up to $100,000, plus 8.7% of all compensation up to $250,000. [In short, if someone earned $250,000, his or her contribution would be 3% times 100,000 plus 8.7% times 250,000]. By the end of the plan year (12/31/12), an employee must be at least age 21, have worked 1000 hours for the year, been employed for at least 1 year, and not be terminated to receive the profit sharing allocation.
norton company prepared the following sales budgetmonth budgeted salesmarch 200000april 180000may 220000june 260000the
the design of a system is to be pursued from one of two available alternatives. each alternative has a life-cycle cost
What are the primary uses of the employee earnings record?
ACC700 Principles of Accounting-How does future technological innovation such as artificial intelligence and accounting software automation impact on accountant skills
What will a deposit of $4,500 at 10% compounded semi-annually be worth if left in the bank for six years. How long does it take for $5,000 to grow into $6,724.44 at 10% compounded quarterly. How much must you deposit at the end of each year in an acc..
kile company borrows 63359 on july 1 from the bank by signing a 63359 8 1-year note payable. prepare the journal
Discuss one measure of performance of a company and indicate what the significance of a lower or higher level of such measure is. Compare it next to a second measure and explain the significance of the second measure.
Some economic historians have argued that the railroad companies charged lower prices to ship freight because they owned so much land along the tracks. Briefly explain the reasoning of these economic historians.
Brandon Tarr invested $64,000 in the Garmon and Miller partnership for ownership equity of $64,000. Prior to the investment, equipment was revalued to a market value of $45,000 from a book value of $33,000.
1. moondollar coffee has just bought a new coffee machine. the machine is heavily automated. the beans are stored in
How much should the National Credit Union invest in municipal bondsso as to maximize its return on investment? What is the maximal return on investment?
media outlets often have websites that provide in-depth coverage of news and events. portions of these websites are
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