Lindsey Vater’s weekly gross earnings for the week ended March 9 were $3,940, and her federal income tax withholding was $709.20. Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Lindsey's net pay? For interim computations, carry amounts out to two decimal places. Round your final answer to two decimal places.fill in the blank 1 of 1$

Lindsey Vater’s weekly gross earnings for the week ended March 9 were $3,940, and her federal income tax withholding was $709.20. Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Lindsey's net pay? For interim computations, carry amounts out to two decimal places. Round your final answer to two decimal places.fill in the blank 1 of 1$

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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