What is flores net pay

Assignment Help Accounting Basics
Reference no: EM131584716

Question - Carmen Flores' weekly gross earnings for the week ending Jul. 7 were $3,200, and her federal income tax withholding was $384. Prior to this week Flores had earned $89,600 for the year. Assuming the social security rate for the employee is 6% and Medicare is 1.5%, what is Flores' net pay?

Reference no: EM131584716

Questions Cloud

Redraw tree so that it is clear that the tree is bipartite : Draw a tree that has nine vertices, and label the vertices.
Describe two types of services that could be provided : Rolanda suggests that Mary Ann may benefit from the services of a noncertified public accountant. Describe two types of services that could be provided.
Overestimate the household demand for insulation : Australian producers invest in new capacity to increase supply but they overestimate the household demand for their insulation materials flowing.
Explain how will the company respond to the media report : If MKD adopts an obstructionist stance, how will the company respond to this media report? Provide one supporting fact.
What is flores net pay : Prior to this week Flores had earned $89,600 for the year. Assuming the social security rate for the employee is 6% and Medicare is 1.5%, what is Flores net pay
What is the opportunity cost of his decision : (a) He decides to carpool with his friends. What is the opportunity cost of his decision? (b) He decides to take a flight. What is the opportunity cost of his
What is the opportunity cost of decision : (a) He decides to carpool with his friends. What is the opportunity cost of his decision? (b) He decides to take a flight. What is the opportunity cost.
Compute the uncollectible account expense : Compute the uncollectible account expense, and make the appropriate journal entry, for the current year assuming the uncollectible account expense
Report the annual depreciation and annual book value : Prepare depreciation schedule to be used for tax purposes for a $998,400 asset with no salvage value and a 10-year recovery period using the 200% declining.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd