Merger co. has 10 employees, each of whom earns $2,000 per month and has been employed since january 1. fica social security taxes are 6.2% of the first $118,500 paid to each employee, and fica medicare taxes are 1.45% of gross pay. futa taxes are 0.6% and suta taxes are 5.4% of the first $7,000 paid to each employee. prepare the march 31 journal entry to record the march payroll taxes expenses. (round amounts to cents.)

You are looking at a one-year loan of $16,500. the interest rate is quoted as 8.7 percent plus two points. a point on a loan is 1 percent (one percentage point) of the loan amount. quotes similar to this one are common with home mortgages. the interest rate quotation in this example requires the borrower to pay two points to the lender up front and repay the loan later with 8.7 percent interest. what rate would you actually be paying here?

Tony is a wheat farmer, but he also spends part of his day teaching guitar lessons, due to the popularity of his local country western band, farmer tony has more students requesting lessons than he has time for if he is to also maintain his farming business. farmer tony charges $25 an hour for his guitar lessons. one spring day, he spends 10 hours in his fields planting $130 with of seeds on his farm. he expects that the seeds he planted will yield $300 worth of wheat a. 130 b. 260 c. 170 d. $-80

What are two dangers of online banking?