Homework Answers
Answer: C. Gross earning.
Explanation: Total compensation of an employee is called gross earnings or gross pay it includes wages salaries, commission, bonus and compensation earned before deductions, while when deductions are deduct from gross pay is called net pay or take home pay. Hence, option c. gross earnings is the correct answer.
Add Answer to:
help please.
Laura Lawrence: Attempt 1 Question 9 (10 points) The total compensation earned by an...
Question 6 10 pts The total earnings of an employee for a payroll period is referred...
Question 6 10 pts The total earnings of an employee for a payroll period is referred to as Gross pay Pay net of taxes Net pay Take-home pay Next → Question 6 10 pts The total earnings of an employee for a payroll period is referred to as Gross pay Pay net of taxes Net pay Take-home pay Next →
Tarrell Lawrence: Attempt 1 Question 21 (2 points) Quodase is an enzyme that is used as...
Tarrell Lawrence: Attempt 1 Question 21 (2 points) Quodase is an enzyme that is used as a catalyst in a reaction involving quoddic acid. Aliumic acid has an almost identical shape to quoddic acid, and can bind to the active site of quodase, keeping quoddic acid from binding. In this example, aliumic acid is A) the substrate B) a coenzyme C) a competitive inhibitor D) a non-competitive inhibitor Question 22 (12 points) In nhateunthosis, the reactants are light energy, H:O,...
please help 1. A times interest earned ratio of 1.20 to 1 means: a. that the...
please help
1. A times interest earned ratio of 1.20 to 1 means: a. that the firm will default on its interest payment. b. that net income is less than the interest expense c. that the cash flow is less than the net income. d. that the cash flow exceeds the net income e. that net income is greater than the interest expense. 2. The debt ratio indicates: a. the ability of the firm to pay its current obligations. b....
Accounting Question, Help me fill this out, please! Paloma Co. has four employees. FICA Social Security...
Accounting Question, Help me fill this out, please!
Paloma Co. has four employees. FICA Social Security taxes are 6.2% of the first $128,400 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 5.4%. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the company's four employees....
can someone help me with these question please. Question 2: Lynette Camacho earns $850/week. During a...
can someone help me with these question please.
Question 2: Lynette Camacho earns $850/week. During a recent week she worked 45 hours. Assuming that Lynette's employer compensates her for overtime hours at 1.5 times her regular pay rate, her gross earnings for the week are $ Question 7: An employee who earns $14/hour, worked 33 hours during a recent week, is paid a commission of $55 for each sale, and makes 10 sales during the same week, has earned total...
QUESTION 10 Proprietors' Income Compensation of Employees 300 Consumption of Fixed Capital 15 Gross Investment Rents...
QUESTION 10 Proprietors' Income Compensation of Employees 300 Consumption of Fixed Capital 15 Gross Investment Rents Interest Exports Imports Corporate Profits Tax on Production/Imports5 Net Foreign Factor Income Statistical Discrepancy Refer to the accompanying data. All figures are in billions of dollars. Net domestic product is $20 10 20 30 25 O A $375.00 0 B. $395.00 O C. $360.00 O D $380.00 2
6Q… Chapter 10 8 Q 9 Quiz Saved Help Save Old Town Entertainment has two employees in Year 1. Clay earns $4,800 per month, and Philip, the manager, earns $10,800 per month. Neither is paid extr...
6Q… Chapter 10 8 Q 9 Quiz Saved Help Save Old Town Entertainment has two employees in Year 1. Clay earns $4,800 per month, and Philip, the manager, earns $10,800 per month. Neither is paid extra for working overtime. Assume the Social Security tax rate is 6 percent on the first $110,000 of earnings and the Medicare tax rate is 1.5 percent on all earnings. The federal income tax withholding is 17 percent of gross earnings for Clay and 21...
Question 5. (15 points total) (Profitability and capital structure analysis) In the year that just ended...
Question 5. (15 points total) (Profitability and capital structure analysis) In the year that just ended Callaway Lighting had sales of S5,470,000 and incurred cost of goods sold equal to $4,460,000 The firm's operating expenses were $128,000 and its increase in retained earnings was $42,000 for the year. There are currently 99,000 common stock shares outstanding and the firm pays a $4.770 dividend per share The firm has $1, 180,000 in interest-bearing debt on which it pays 7.7 percent interest...
Problem 9-3a paytoll expenses, withholdings and taxes. Problem 9-3A Payroll expenses, withholdings, and taxes LO P2,...
Problem 9-3a paytoll expenses, withholdings and taxes.
Problem 9-3A Payroll expenses, withholdings, and taxes LO P2, P3 Paloma Co has four employees. FICA Social Security taxes are 6.2% of the first $128.400 paid to each employee and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 5.4%. The company is preparing its payroll calculations for the week ended August 25, Payroll records...
Lawrence Corporation sells two ceiling fans, Deluxe and Basic. Current sales total 60,000 units, consisting of...
Lawrence Corporation sells two ceiling fans, Deluxe and Basic. Current sales total 60,000 units, consisting of 39,000 Deluxe units and 21,000 Basic units. Selling price and variable cost information follow. ■ Problem 7–38 Sales Mix and Employee Compensation; Operating Changes (LO 7-4, 7-5) 2(c). Commissions, total: $535,600 Deluxe Basic Selling price .............................................................................................................................................. $86 $74 Variable cost ............................................................................................................................................. 65 41 Salespeople currently receive flat salaries that total $400,000. Management is contemplating a change to a compensation plan that is based on...
Question 6 10 pts The total earnings of an employee for a payroll period is referred to as Gross pay Pay net of taxes Net pay Take-home pay Next → Question 6 10 pts The total earnings of an employee for a payroll period is referred to as Gross pay Pay net of taxes Net pay Take-home pay Next →
Tarrell Lawrence: Attempt 1 Question 21 (2 points) Quodase is an enzyme that is used as a catalyst in a reaction involving quoddic acid. Aliumic acid has an almost identical shape to quoddic acid, and can bind to the active site of quodase, keeping quoddic acid from binding. In this example, aliumic acid is A) the substrate B) a coenzyme C) a competitive inhibitor D) a non-competitive inhibitor Question 22 (12 points) In nhateunthosis, the reactants are light energy, H:O,...
please help
1. A times interest earned ratio of 1.20 to 1 means: a. that the firm will default on its interest payment. b. that net income is less than the interest expense c. that the cash flow is less than the net income. d. that the cash flow exceeds the net income e. that net income is greater than the interest expense. 2. The debt ratio indicates: a. the ability of the firm to pay its current obligations. b....
Accounting Question, Help me fill this out, please!
Paloma Co. has four employees. FICA Social Security taxes are 6.2% of the first $128,400 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 5.4%. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the company's four employees....
can someone help me with these question please.
Question 2: Lynette Camacho earns $850/week. During a recent week she worked 45 hours. Assuming that Lynette's employer compensates her for overtime hours at 1.5 times her regular pay rate, her gross earnings for the week are $ Question 7: An employee who earns $14/hour, worked 33 hours during a recent week, is paid a commission of $55 for each sale, and makes 10 sales during the same week, has earned total...
QUESTION 10 Proprietors' Income Compensation of Employees 300 Consumption of Fixed Capital 15 Gross Investment Rents Interest Exports Imports Corporate Profits Tax on Production/Imports5 Net Foreign Factor Income Statistical Discrepancy Refer to the accompanying data. All figures are in billions of dollars. Net domestic product is $20 10 20 30 25 O A $375.00 0 B. $395.00 O C. $360.00 O D $380.00 2
6Q… Chapter 10 8 Q 9 Quiz Saved Help Save Old Town Entertainment has two employees in Year 1. Clay earns $4,800 per month, and Philip, the manager, earns $10,800 per month. Neither is paid extra for working overtime. Assume the Social Security tax rate is 6 percent on the first $110,000 of earnings and the Medicare tax rate is 1.5 percent on all earnings. The federal income tax withholding is 17 percent of gross earnings for Clay and 21...
Question 5. (15 points total) (Profitability and capital structure analysis) In the year that just ended Callaway Lighting had sales of S5,470,000 and incurred cost of goods sold equal to $4,460,000 The firm's operating expenses were $128,000 and its increase in retained earnings was $42,000 for the year. There are currently 99,000 common stock shares outstanding and the firm pays a $4.770 dividend per share The firm has $1, 180,000 in interest-bearing debt on which it pays 7.7 percent interest...
Problem 9-3a paytoll expenses, withholdings and taxes.
Problem 9-3A Payroll expenses, withholdings, and taxes LO P2, P3 Paloma Co has four employees. FICA Social Security taxes are 6.2% of the first $128.400 paid to each employee and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 5.4%. The company is preparing its payroll calculations for the week ended August 25, Payroll records...
Most questions answered within 3 hours.
-
Problem: A rock is 100m above the ground. It is given an initial
velocity of -1m/s...
asked 1 minute from now -
Researchers are studying the impact of alcohol consumption on a
person’s ability to perform a simple...
asked 58 seconds ago -
Using QM for Excel, construct a Gantt chart for the following
set of activities and indicate...
asked 3 minutes ago -
Case Study: 6.50 Discipline
A random audit showed that one of the scanner techs was not...
asked 4 minutes ago -
A piece of single-stranded nucleic acid contains
adenine, cytosine, and guanine. Which piece or pieces of...
asked 25 minutes ago -
1. What is the pH of a 0.0442 M solution of methylamine if
enough hydrochloric acid...
asked 23 minutes ago -
During a balloon ascension, wearing an oxygen mask, you measure
the weight of a 5.00-kg object...
asked 28 minutes ago -
Consider the following frequency table representing the scores
on a test.
Scores on a Test
Class...
asked 43 minutes ago -
Calculate the heat that must be added to 20 kg of water
that is at 30C...
asked 44 minutes ago -
Consider the following joint pmf of random variables X
and Y.
Y = 0
Y =...
asked 55 minutes ago -
Describe how to perform a removal from a hash table that uses
linear probing to resolve...
asked 58 minutes ago -
Suppose that consumers have an average MPC of 0.75. However, 20%
of their income goes to...
asked 57 minutes ago