Business
Business, 16.11.2019 04:31, clairajogriggsk

Aspen ski resorts has 150 employees, each working 40 hours per week and earning $11 an hour. although the company does not pay any health or retirement benefits, one of the perks of working at aspen is that employees are allowed free skiing on their days off. federal income taxes are withheld at 15% and state income taxes at 5%. fica taxes are 7.65% of the first $128,400 earned per employee and 1.45% thereafter. unemployment taxes are 6.2% of the first $7,000 earned per employee.
required:
1. compute the total salary expense, the total withholdings from employee salaries, and the actual direct deposit of payroll for the first week of january.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 17:10, taniyahreggienae
Acompany's income statement showed the following: net income, $145,000 and depreciation expense, $36,300. an examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,500; merchandise inventory increased $22,200; and accounts payable increased $5,500. calculate the net cash provided or used by operating activities. $209,500 $139,000 $176,100 $186,500 $142,100
Answers: 2
image
Business, 22.06.2019 01:30, hollymay808p0t9to
At the end of the week, carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings account. the bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named malik as a portion of his small business loan. malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. the bank profits from a portion of the interest payment received and also passes some of the interest back to carla in the form of an interest payment to her savings account. in this example, the bank is acting
Answers: 1
image
Business, 22.06.2019 01:30, esquiveljadyn8054
Monica needs to assess the slide sequence and make quick changes to it. which view should she use in her presentation program? a. outline b. slide show c. slide sorter d. notes page e. handout
Answers: 1
image
Business, 22.06.2019 18:10, maddihamidou
Consumers who participate in the sharing economy seem willing to interact with total strangers. despite safety and privacy concerns, what do you think is the long-term outlook for this change in the way we think about interacting with people whom we don't know? how can businesses to diminish worries some people may have about these practices?
Answers: 1
Do you know the correct answer?
Aspen ski resorts has 150 employees, each working 40 hours per week and earning $11 an hour. althoug...

Questions in other subjects:

Konu
Computers and Technology, 05.10.2021 14:00
Konu
Mathematics, 05.10.2021 14:00