subject
Business, 06.05.2021 19:20 abolton04

Jacob works part-time as a cashier at a drug store. His gross pay for the year was $8,000. Based on his income level, the federal tax rate he'll need to pay is
10%. For his state taxes, Jacob will need to pay 5% and the FICA rate is
7.65%. What is Jacob's net pay for the year?

A. $1,812
B. $7,200
C. $6,188
D. $6,988

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 08:00
Why do police officers get paid less than professional baseball players?
Answers: 2
question
Business, 22.06.2019 11:00
In each of the following cases, find the unknown variable. ignore taxes. (do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) accounting unit price unit variable cost fixed costs depreciation break-even 20,500 $ 44 $ 24 $ 275,000 $ 133,500 44 4,400,000 940,000 8,000 75 320,000 80,000
Answers: 3
question
Business, 22.06.2019 22:20
Which of the following is correct? a. a tax burden falls more heavily on the side of the market that is more elastic.b. a tax burden falls more heavily on the side of the market that is less elastic.c. a tax burden falls more heavily on the side of the market that is closer to unit elastic.d. a tax burden is distributed independently of the relative elasticities of supply and demand.
Answers: 1
question
Business, 23.06.2019 04:00
Asmall company has 10,000 shares. joan owns 200 of these shares. the company decided to split its shares. what is joan's ownership percentage after the split
Answers: 2
You know the right answer?
Jacob works part-time as a cashier at a drug store. His gross pay for the year was $8,000. Based o...
Questions
question
History, 05.10.2019 18:00
question
Social Studies, 05.10.2019 18:00
question
Mathematics, 05.10.2019 18:00
Questions on the website: 13722367