Lime co.’s payroll for the month ended january 31, year 4, is summarized as follows: total wages $10,000 federal income tax withheld 1,200 all wages paid were subject to fica. fica tax rates were 7% each for employee and employer. lime remits payroll taxes on the 15th of the following month. in its financial statements for the month ended january 31, year 4, what amounts should lime report as total payroll tax liability and as payroll tax expense?

What is the second step in communication planning? determine the purpose of the message outline the communication for delivery determine the best channel of communication clarify objectives identify the audience

In a chapter 7 bankruptcy, a debtor:

Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u. s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is