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Author Question: Too much inventory on hand a. ties up funds that could be used to improve operations b. increases ... (Read 49 times)

craiczarry

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on: Jul 5, 2018
Too much inventory on hand
 a. ties up funds that could be used to improve operations
  b. increases the cost to safeguard the assets
  c. increases the losses due to price declines
  d. all of these

Question 2

In December 2011, B. Rich worked for Payless, Inc and earned 10,000. Federal income tax withholding is 20. The FICA rate is 6.2 and the Medicare tax is 1.45. How much payroll tax expense for B.
 
  Rich's December salary will Payless record when it pays these taxes?
  A) 2,765
  B) 765
  C) 3,170.45
  D) 1,240


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Tonyam972

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Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

B


craiczarry

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Reply #2 on: Jul 5, 2018
Thank you


Tonyam972

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Reply #3 on: Jul 5, 2018
No problemo


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