This topic contains a solution. Click here to go to the answer

Author Question: When a taxed is levied, it means that a tax is assessed or collected. Indicate whether the ... (Read 74 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
When a taxed is levied, it means that a tax is assessed or collected.
  Indicate whether the statement is true or false

Question 2

A spreadsheet contains employee salary information used to calculate payroll deductions. Column D contains weekly gross earnings, Column E contains Social Security, Column F contains Medicare, Column G contains federal income tax, and Column H contains state income tax. Assume Cells E2, F2, and H2 contain the percent rates for each respective deduction. What formulas would be contained in Cells E3, F3, and H3 to calculate payroll deductions for an employee? Use absolute cell references.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TINA

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

TRUE

Answer to Question 2

Cell E3: =D3E2
Cell F3: =D3F2
Cell H3: =D3H2




bcretired

  • Member
  • Posts: 525
Reply 2 on: Jun 24, 2018
Excellent


lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

For a complete list of videos, visit our video library