What is Roccos net pay

Assignment Help Accounting Basics
Reference no: EM132529334

Question - Rocco worked 43 hours at his job during the first week of March, 2015. He is paid $14.5 per hour and receives overtime at the rate of time-and-one-half for hours worked over 40. Rocco pays income taxes at 15% and 5.65% for OASDI and Medicare. All of his income is taxable for FICA. What is Rocco's net pay?

Reference no: EM132529334

Questions Cloud

Calculate the capital injections- issuance of new shares : Calculate the capital injections- issuance of new shares? Which information tell the capital injections-issuance of new shares in 2015, 2016, 2017, 2018?
How much money can Covid Ltd expect to collect from call : If every ordinary shareholder pays the amount owing in full, how much money can Covid Ltd expect to collect from this call
Unit 13 Financial Reporting Assignment : Unit 13 Financial Reporting Assignment Help and Solution, Higher National Diploma in Business - Assessment Writing Service - Evaluate international
Pros and cons of red bull nontraditional marketing tactics : Discuss the pros and cons of Red Bull's nontraditional marketing tactics. Should the company do more traditional advertising? Why, or why not?
What is Roccos net pay : Rocco pays income taxes at 15% and 5.65% for OASDI and Medicare. All of his income is taxable for FICA. What is Rocco's net pay
At what amount should gabriel ltd record right to use asset : The interest rate implicit in the lease is 4%. At the start of the lease, at what amount should Gabriel Ltd record the right to use asset in their books
What is the probability that a randomly selected accident : A study was recently done to investigate the relationship between drinking alcohol and number of vehicles involved in accidents. Four hundred accidents
What is the probability that more than 4 but less : A short term insurance company receives 3 motor vehicle claims, on average, per day. Assume that the daily claims follow a Poisson process.
Estimate the population mean for the number of hours lost : At a large company, the Director of Research found that the average work time lost by employees due to accidents was 104 hours per year. She used a random

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