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

Author Question: Beau Brentley earned 60,000 from his job at Bridgestone Tires. He had 15 of his gross pay withheld ... (Read 70 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
Beau Brentley earned 60,000 from his job at Bridgestone Tires. He had 15 of his gross pay withheld for federal income taxes, 6.2 withheld for FICA Social Security taxes, and 1.45 withheld for Medicare taxes. What was Beau's net pay?
 
  A) 48,200
  B) 46,410
  C) 48,000
  D) 60,000

Question 2

According to the assumption used in this text, employers are required to withhold Social Security taxes on the first ____ of each employee's earnings.
 a. 120,000
   b. 105,900
   c. 120,000
   d. 110,100



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tsternbergh47

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

B

Answer to Question 2

d




futuristic

  • Member
  • Posts: 638
Reply 2 on: Jul 5, 2018
Wow, this really help


bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

For a complete list of videos, visit our video library