BMX Company has one employee FICA Social Security taxes are 6.2% of the first $128,400 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMC, its FUTA taxes are 0.6% and SUTA taxes are 5.4-% of the first $7,000 paid to its employee BMX Company has one employee FICA Social Security taxes are 6.2% of the first $128,400 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMC, its FUTA taxes are 0.6% and SUTA taxes are 5.4-% of the first $7,000 paid to its employee.

Gross pay through 8/31 Gross pay for September
A 5,400 2,400
B 2,450 2,550
C 123,000 8,900
Compute BMXS amount for each of these four taxes as applied to employees gross earnings for September under each of three seperate situations a, b,c
Tax September Earnings Tax Rate Tax amount
Fica-Social Security
Fica-Medicare
FUTA
SUTA
B) Tax September Earnings Tax rate Tax Amount
Fica-Social security
fica-medicare
futa
suta
c) Tax September Earnings Tax Rate Tax amount
Fica-Social Security
Fica Medicare
FUTA
SUTA

Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle

Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar’s equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. the consolidated balance for the equipment account as of december 31, 2014 is $574,000. what would be the impact on consolidated balance for the equipment account as of december 31, 2014 if the parent had applied the initial value method rather than the equity method? the balance in the consolidated equipment account cannot be determined for the initial value method using the information given. the consolidated equipment account would have a higher reported balance. the consolidated equipment account would have a lower reported balance. no effect: the method the parent uses is for internal reporting purposes only and has no impact on consolidated totals.

When interest is compounded continuously, the amount of money increases at a rate proportional to the amount s present at time t, that is, ds/dt = rs, where r is the annual rate of interest. (a) find the amount of money accrued at the end of 3 years when $4000 is deposited in a savings account drawing 5 3 4 % annual interest compounded continuously. (round your answer to the nearest cent.) $ (b) in how many years will the initial sum deposited have doubled? (round your answer to the nearest year.) years (c) use a calculator to compare the amount obtained in part (a) with the amount s = 4000 1 + 1 4 (0.0575) 3(4) that is accrued when interest is compounded quarterly. (round your answer to the nearest cent.) s = $