« previous next »

Author Question: Which of the following describes how to calculate take-home pay as a percentage of gross pay? A) ... (Read 73 times)

segrsyd

  • Hero Member
  • *****
  • Posts: 530
on: Jun 24, 2018
Which of the following describes how to calculate take-home pay as a percentage of gross pay?
 A) Divide total deductions by gross pay.
  B) Divide take-home pay by gross pay.
  C) Divide total deductions by take-home pay.
  D) Multiply gross pay by 67.

Question 2

Which of the following statements about Social Security and Medicare taxes is NOT true?
 A) The Social Security tax rate of 6.2 is applied to a maximum wage of 102,000.
  B) The taxes are used to provide disability, retirement, and survivors' benefits.
  C) The taxes are used to provide hospital insurance for some disabled people and for people over 65.
  D) none of the above


ryrychapman11

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

How to calculate present value (Question 3) How to calculate present value (Question 3)
How to calculate RRSP using the annuity formula How to calculate RRSP using the annuity formula
A close relationship between greenhouse gas emissions and a country’s gross domestic product A close relationship between greenhouse gas emissions and a country’s gross domestic product
Percentage distribution of outcomes of teenaged pregnancy Percentage distribution of outcomes of teenaged pregnancy
Calculate the number of grams of solute in 500.0 mL of 0.169 M KOH. Calculate the number of grams of solute in 500.0 mL of 0.169 M KOH.
An electrician charges a flat fee of $90 for a home service call. In addition he charges $25 ... An electrician charges a flat fee of $90 for a home service call. In addition he charges $25 ...
Video: Facilitated Diffusion - Glucose transport

For a complete list of videos, visit our video library