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During January, Luxury Cruise Lines incurs employee salaries of $2.9 million. Withholdings in January are $221,850 for the employee portion of FICA, $435,000 for federal income tax, $181,250 for state income tax, and $29,000 for the employee portion of health insurance (payable to Blue Cross/Blue Shield). The company incurs an additional $179,800 for federal and state unemployment tax and $87,000 for the employer portion of health insurance. What is the salaries expense
shareholders equitycommon sharesclass a voting 1000000retained earnings 3700000 4700000total liabilities and share
Refer to Polaris financial statements in Appendix A to answer the following.
In the past (20 to 30 years ago) people relied solely on defined benefit plans and social security for their retirement planning. I wonder if the baby boomers started realizing the potential shortcomings and decided to start saving for retirement ..
Ford recently hired twenty employees to work in various departments of the company. On the first day, all twenty had the same orientation and attended the same training and development sessions.
Adriana Co. with annual net sales of $5 million maintains a markup of 25% based on cost. Adriana's expenses average 15% of net sales. What is Adriana's gross profit and net profit in dollars?
In a frequency distribution, the class mark is the number of observations that fall within that class. The random sample is the most important, because statistical theory applies to it alone
cto sell this new issue the stock would have to be underpriced by 1 and sold for 15 per share. the firm currently has
Ralston Gifts applies overhead on the basis of machine hours. The following data were provided by Ralston: How much overhead was applied
Does not have enough influence to elect a member on its own accord
Calculate to the nearest penny what tax rate per $100 of assessed valuation is required to generate a tax levy that will produce
The matching principle requires expenses be matched with revenues, and in the accounting period, the effort is made to generate those revenues.
Income taxes are not considered in this problem. What is the net present value of the investment assuming the required rate of return is 10 percent? Would the company want to purchase the new machine?
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