Rasheed works for Company A, earning $350,000 in salary during 2022. Assuming he is single and has no other sources of income, what amount of FICA tax will Rasheed pay for the year? Note: Round your intermediate and final answer to the nearest whole dollar amount. Amount of FICA tax
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- Kerrigan Corporation announced on November 1, 2021 that company's CEO has been terminated and that James McCabe will become the company's new CEO. Kerrigan has had decreasing income over the last several of years. McCabe will be responsible for improving Kerrigan's future performance. What earnings management technique will the company probably utilize as a result of hiring a new CEO? Question 31 options: a) Accelerating future period expenses into the current period b) Accelerate current period revenues into future periods c) Big Bath d) Increase cookie jar reservesQuestion Suppose there are only two goods: Beer and Milk. Tom’s preference over bundles of beer and milk is as follows: For any two bundles A = (bA, mA) and B = (bB, mB) (where b and m denotes the amount of beer and milk, respectively), A ≿ B (i.e., “A is at least as good as B”) if and only if: Either bA > bB; Or bA = bB and mA ≥ mB. In other words, Tom cares, first and foremost, about the amount of beer, but if the two bundles contain the same amount of beer, then he prefers having more milk to less. • Is Tom’s preference complete? If yes, show why; if no, give an example of two bundles which Tom cannot compare. • Is Tom’s preference monotone? Strongly monotone? • Does Tom’s preference comply with the property of diminishing marginal rate of substitution?QUESTION 8 Failure on the part of the creditor to perform on time due to his own fault results in a form of breach of contract known as O a. Mora creditoris/default of the creditor Ob. positive mal-performance OC. rendering performance impossible/prevention of performance Od. repudiation e. Mora debitoris/default of the debtor Click Save and Submit to sme and subrir Chet save la allanstwers. Search for anything FUITSU EGO ECO F10
- 470 q 16 a speculative stock possessees a _________ probability of _________ return and is currently _______- a. high, negative, underpriced b. high, negative, overpriced c. high, positive, overpriced d. low, negative, overpriced e. low, positive, underpricedAdditional Question. The XYZ steel company must determine a policy for ordering coal to operate 15 converters. The ordering cost is $85/order and the cost of holding coal is 15% of the purchasing cost. The XYZ has a contract to obtain the coal for $14 per ton for the coming year. Each converter requires exactly 8 tons of coal per day to operate, and the firm operates 300 days per year. a. Determine the optimal quantity of coal to receive in each order. b. Determine the total inventory-related cost associated with the optimal ordering policy c. Optimal number of orders to place per year and number of operating days between orders, based on the optimal ordering. d. The XYZ is now considering to the following discount policy provided by supplier: Order Quantity (tons) 1,000 - 1,999 Price per ton $14 $12 $10 2,000 - 2,999 3000+ Please help the XYZ to determine the amount the firm should order.SIC Code No. Emp. No. Prod. Wkrs. Value Added by Mfg. Cost of Materials Value of Indus. Shipmnts New Cap. Exp. End Yr. Inven. Indus. Grp. 201 433 370 23518 78713 4 1833 3630 1 202 131 83 15724 42774 4 1056 3157 1 203 204 169 24506 27222 4 1405 8732 1 204 100 70 21667 37040 4 1912 3407 1 205 220 137 20712 12030 4 1006 1155 1 206 89 69 12640 13674 3 873 3613 1 207 26 18 4258 19130 3 487 1946 1 208 143 72 35210 33521 4 2011 7199 1 209 171 126 20548 19612 4 1135 3135 1 211 21 15 23442 5557 3 605 5506 2 212 3 2 287 163 1 2 42 2 213 2 2 1508 314 1 15 155 2 214 6 4 624 2622 1 27 554 2 221 52 47 2471 4219 2 292 929 3 222 74 63 4307 5357 2 454 1427 3 223 13 12 673 1061 1 20 325 3 224 17 13 817 707 1 84 267 3 225 169 147 8986 10421 3 534 2083 3 226 51 41 3145 4140 2 220 697 3 227 55 44 4076 7125 2 176 1446 3 228 84 76 3806 8994 2 423 1014 3 229 61 47 4276 5504 2 464 1291 3 231 27 22 1239 716 1 22 356 4 232 200 178 9423 8926 3 200 2314 4 233 294…
- Question 39Question 18 Suppose the number of buyers in a market increases and a technological advancement occurs also. What would we expect to happen in the market? O a Equilibrium price would decrease, but the impact on equilibrium quantity would be ambiguous Ob. Equilibrium price would increase, but the impact on equilibrium quantity would be ambiguous. Oo Equilibrium quantity would decrease, but the impact on equilibrium price would be ambiguous O d. Equilibrium quantity would increase, but the impact on equilibrium price would be ambiguous● ● In order to drum up business, Ms. Smith purchased seasons tickets for both the Senators and the Redblacks. Should Redblacks tickets be expensed? Yes or No Should Senators tickets be expensed? Yes or No ● The cost for the Senators tickets (2) for $1,500 each. Ms. Smith will take a client to every hockey game; she has not missed a game in over five years. The cost for the Redblacks tickets (4) for $350 each. The same goes for the Redblacks, she hasn't missed a game either and it's a family tradition for her, her spouse and their two nieces to attend the games together. Ms. Smith pays $75 a month for a storage locker that she has had for over 3 years. Everything in the storage locker was bequeathed to her from her great uncle. She has no use for the items, but she can't seem to let them go. Should storgae locker fee be claimed? If yes, how much Ms. Smith has a business bank account and the monthly banking fees associated with this account are $5 a month. ● Should banking fees be…