Geoffrey is an employee of Adreez Inc. What percentage of his gross pay will the company deduct for the Medicare tax?
A.
1.45 percent
B.
2 percent
C.
2.45 percent
D.
3 percent
E.
3.5 percent

Answers

Answer 1

Answer:

A. 1.45 percent

Explanation:

Medicare is a federal health insurance program for the most vulnerable in society. It mostly caters to the elderly ( 65 years and above) and people living with disabilities. The federal government set the medicare tax rate. The current rate is 1.45 percent to the employee and 1.45 percent to the employer.


Related Questions

Vaughn Manufacturing has the following items at year-end:

Cash in bank $36200
Petty cash 300
Short-term paper with maturity of 2 months 6000
Postdated checks 1250

Vaughn should report cash and cash equivalents of:______

Answers

Answer:

$42,500

Explanation:

Calculation for what Vaughn should report cash and cash equivalents

CASH AND CASH EQUIVALENTS

Cash in bank $36,200

Petty cash $300

Short-term paper with maturity of 2 months $6,000

Cash and cash equivalents $42,500

Therefore Vaughn should report cash and cash equivalents of:$42,500

A bank is considering making a loan to Ron Weasley. Ron has a gross salary per month of $4,000 but has take-home pay of $2,800 per month. What aspect of evaluating a consumer loan application is this fact most concerned with

Answers

Answer: b. Income level

Explanation:

One aspect of loan applications considered by a bank is the income level of the applicant. Here the bank looks at the possibility of the customer paying back the loan based on their income level.

The basic factor looked at here is the income of the consumer as well as their take-home pay as the latter is where the loan repayment will come from.

Vaughn Manufacturing has the following items at year-end:

Cash in bank $36200
Petty cash 300
Short-term paper with maturity of 2 months 6000
Postdated checks 1250

Vaughn should report cash and cash equivalents of:______

Answers

Answer:

$37,100

Explanation:

Calculation for what Vaughn should report as cash and cash equivalents

Cash in bank $36,200

Petty cash 300

Short-term paper with maturity of 2 months 600

Cash and cash equivalents $37,100

Therefore Vaughn should report cash and cash equivalents of:$37,100

Communication that takes place among members of work groups at the same level is known as ________ communication.A) grapevineB) downwardC) upwardD) diagonalE) lateral

Answers

Answer:

E) Lateral

Explanation:

Lateral communication ican be regarded as one of the type of communication that involves the imparting as well as exchange of information/ideas among individual in a particular community. This community could be unit of organization that are at

same hierarchical level. It should be noted that the Communication that takes place among members of work groups at the same level is known as Lateral communication

Which consequences can victims of identity theft face?
Check all that apply.
1. difficulty getting a loan or credit card
2. an increase in debt
3. the loss of a job
4. difficulty keeping assets
5. a loss of money
6. difficulty landing a new job ​

Answers

Answer:

The correct answers would be

1. Difficulty getting a loan or credit card

2. An increase in debt

4. Difficulty keeping assets

5. Loss of money

Explanation:

Hope this helps! Have a Happy New Year!

Morgan Company issues 9%, 20-year bonds with a par value of $750,000 that pay interest semiannually. The amount paid to the bondholders for each semiannual interest payment is.

Answers

Answer: $33750

Explanation:

First and foremost, we have to calculate the interest paid for the year which will be:

= $750000 X 9%

= $750000 × 0.09

= $ 67500

Therefore, the semi annual payment will them be calculated as:

= $67500 / 2

= $33750

Speaking effectively, writing concisely, and listening attentively are all examples of the transferable skill of
communication
human relations
organization, management, and leadership
research and planning

Answers

Answer: communication

Answer:

Its communication and i am 100% possitive ive took the test.

Explanation:

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