Business, 21.04.2020 20:52 emmaraeschool
Emily Turnbull, president of Aerobic Equipment Corporation, is concerned about her employees’ well-being. The company offers its employees free medical, dental, and life insurance coverage. It also matches employee contributions to a voluntary retirement plan up to 6% of their salaries. Assume that no employee’s cumulative wages exceed the relevant wage bases. Payroll information for the biweekly payroll period ending January 24 is listed below.
Wages and salaries $2,300,000
Employee contribution to voluntary retirement plan 115,000
Medical insurance premiums paid by employer 46,000
Dental insurance premiums paid by employer 16,100
Life insurance premiums paid by employer 8,050
Federal and state income tax withheld 494,500
FICA tax rate 7.65%
Federal and state unemployment tax rate 6.20%
1. Record the employee salary expense, withholdings, and salaries payable (or say No journal entry required.)
2. Record the employer-provided fringe benefits (or say No journal entry required.)
3. Record the employer payroll taxes (or say No journal entry required.)
Answers: 1
Business, 21.06.2019 19:10
Goals that are overly ambitious can discourage employees and decrease motivation, yet the idea of stretch goals is proposed as a way to get people fired up and motivated. as a manager, how might you decide where to draw the line between a “good” stretch goal and a “bad” one that is unrealistic?
Answers: 1
Business, 22.06.2019 11:00
Which ranks these careers that employers are most likely to hire from the least to the greatest?
Answers: 2
Business, 22.06.2019 11:50
What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.
Answers: 2
Business, 22.06.2019 19:10
According to the textbook chapter, “the emotional connection of distinguishing differences and conflict”, which of the following groups of terms describes best the skills/resources that managers need when managing differences in their organization? energy, commitment, tolerance, and appreciation energy, adequate funding, tolerance, and appreciation funding, tolerance, a strong hr department, and tolerance energy, a strong hr department, patience, and strong leadership skills
Answers: 3
Emily Turnbull, president of Aerobic Equipment Corporation, is concerned about her employees’ well-b...
Mathematics, 10.02.2021 16:40
Mathematics, 10.02.2021 16:40
Geography, 10.02.2021 16:40
Mathematics, 10.02.2021 16:50
Mathematics, 10.02.2021 16:50
English, 10.02.2021 16:50
Mathematics, 10.02.2021 16:50
Mathematics, 10.02.2021 16:50
Computers and Technology, 10.02.2021 16:50
Mathematics, 10.02.2021 16:50