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During 2012 E earned $70,000 of wages from employer X and $50,000 of wages from employer Y. Bother employers withheld and paid the appropriate amount of FICA taxes on E's wages. Assume the temporary reduction in FICA tax for 2011 was not extended for 2012. A) What is the amount of excess taxes paid by E for 2012? B) Would it make any difference in the amount of E's refund or credit of the excess of FICA taxes if he was a full-time employee of X and a part-time employee of Y for the entire year?
why are investments in marketable securities shown separately from cash equivalents in the balance
Compute the issue price of a $1,500,000 bond issue and prepare the journal entries for the issuance and first years' interest payments (use the effective interest method). Assume the bonds are paid semiannually (June 30 and December 31).
smile alot dental sad provides three basic service appointments cleaning check-up and full service.total annual costs
Suppose in year 2011 the risk free rate was 6% the market free rate was 9% and the beta of the share was 1.54. Calculate the costs of equity.
Find the present values of the following cash flow streams. The appropriate interest rate is 8%. (Hint: It is fairly easy to work this problem dealing with the individual cash flows.
transaction analysis-various accounts prepare an answer sheet with the following column headings. for each of the
capital budgeting caseyour company is thinking about acquiring another corporation. you have two choices-the cost of
Which one of the following distributions would not be taxable to the shareholders receiving stock?
Calculate ending inventory, cost of goods sold, gross profit, and gross profit rate under each of the following methods.
a borrower has two alternatives for a loan 1 issue a 180000 45-day 10 note or 2 issue a 180000 45-day note that the
What were the company's two largest current liabilities at the end of its 2 most recent annual reporting periods?
lewis companys standard labor cost of producing one unit of product dd is 3.60 hours at the rate of 14.00 per hour.
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