Business, 23.11.2019 01:31, kernlearn2312
Lightning electronics is a midsize manufacturer of lithium batteries. the company’s payroll records for the november 1–14 pay period show that employees earned wages totaling $50,000 but that employee income taxes totaling $7,000 and fica taxes totaling $2,625 were withheld from this amount. the net pay was directly deposited into the employees’ bank accounts. assume lightning electronics must also pay $250 of unemployment taxes for this pay period.
prepare the journal entry or entries that lightning would use to record the payroll. include both employee and employer taxes
journal entires for:
1. record the wages expense for november 1-14 time period, including payroll deductions
2. record the payroll tax expense.
Answers: 3
Business, 22.06.2019 19:00, xcncxgnfxg6487
Consider the following information on stocks a, b, c and their returns (in decimals) in each state: state prob. of state a b c boom 20% 0.27 0.22 0.16 good 45% 0.16 0.09 0.07 poor 25% 0.03 0 0.03 bust 10% -0.08 -0.04 -0.02 if your portfolio is invested 25% in a, 40% in b, and 35% in c, what is the standard deviation of the portfolio in percent? answer to two decimals, carry intermediate calcs. to at least four decimals.
Answers: 2
Business, 22.06.2019 20:00, mackle34
Qwest airlines has implemented a program to recycle all plastic drink cups used on their aircraft. their goal is to generate $7 million by the end of the recycle program's five-year life. each recycled cup can be sold for $0.005 (1/2 cent). a. how many cups must be recycled annually to meet this goal? assume uniform annual plastic cup usage and a 0% interest rate. b. repeat part (a) when the annual interest rate is 12%. c. why is the answer to part (b) less than the answer to part (a)?
Answers: 1
Lightning electronics is a midsize manufacturer of lithium batteries. the company’s payroll records...
Mathematics, 23.02.2020 06:43