Manuel is paid $185 each day he guides tourists on camping trips in the Grand Canyon. what amount did he earn last month if he worked 34 days?
Q: The Financial Statements of harry and Belinda Johnson Suggest Budgeting Problems Harry has worked…
A: NOTE: I solved the first and second parts of this question. If you want a solution to the remaining…
Q: Se Ri Pak, age 23, recently graduated with her bachelor’s degree in library and information…
A: Annuity means a series of finite number of payments which will be made at equal intervals. Annuity…
Q: Norman Dowd owns his own taxi, for which he bought a $10,800 permit to operate two years ago. Mr.…
A: Solution- 1 (a)- Opportunity cost = $40,500 1 (b)- Operating as independent = $32,400 Working…
Q: Steven John owns a cab for which he purchased a Rs. 18,000 operating licence two years ago. Mr. John…
A: The potential cost of owning and maintaining an independent firm, as well as descriptive and…
Q: Georgia, a widow has take-home pay of $600 a week. Her disability insurance coverage replaces 70% of…
A: Calculate the amount would she receive in disability benefits as follows:
Q: Maria's job pays her php15, 000.00 a month . What is her gross weekly earning
A: Gross earnings in the business means earnings made in total by working for some other person. That…
Q: Jin Mai is in her second year at col housemates each pay one third of the utility bill, cable…
A: Total expenses refer to the sum of all gross cash expenditures plus any pending subsidiary items,…
Q: Sophie Gowna, 47 years old, works for an Ontario company with a Bi-weekly pay cycle. She earns $18.5…
A: Payroll Process It is important for the business entity to manage the payroll process of the…
Q: Norman Dowd owns his own taxi, for which he bought a $11,400 permit to operate two years ago. Mr.…
A: Opportunity cost includes: Explicit cost Implicit cost
Q: Irish paid a monthly salary of 15,000.00 and earn a commission of 3% in sales. If she sold a monthly…
A: Wages: Wages are the earnings of the employees for their work to the company they serve. These are…
Q: Maria earns $18 per hour in her current job and works 33 hours a week. Her disutility of effort is…
A: Payroll- Payroll is a process which includes calculating an employee's working hours, calculating…
Q: Bert spends $10.60 a day travelling to work, and a further $65 a day sending his daughter Belle to a…
A: Income tax: Income tax can be defined as the tax charged on the income of the individual and the…
Q: Don Beldon earns $7.50/hour, and worked 43 hours during the most recent week. He participates in a…
A: The tax withholding is recognized into types of withholding by the employer : Federal…
Q: Manuel is paid $205 each day he guides tourists on camping trips in the Grand Canyon. What amount…
A: Formula: Total earnings = Number of days worked x Per day amount. Multiplying per day amount with…
Q: In purchasing an automatic washing machine worth ₱30,000, Lilian pays ₱8,000 cash and agreed to make…
A: The regular payments to be made for the loan taken can be calculated using the PMT function in…
Q: a company employee earns 40,000 per year. A self-employed person also earns 40,000 but pays 6,120…
A: But half of the contribution were withheld from employee salary
Q: He was in Montego Bay on special assignment for 3 days and spent an average of $20,000 per day,…
A: Emoluments Gross Emoluments which includes salary and other compensatory benefits and other…
Q: Markie is employed by Holy Cross as an ambulance driver with a salary of Php. 20,000 a month. In…
A: Answer: Given Monthly salary = P 20,000 Meal= P 4500 Living quarters = P 2000
Q: Hillary sells cosmetics from her part time home based business. she receives a straight commission…
A: Often companies do not sell their own products directly. Instead they use third parties as…
Q: Jerry works as a lifeguard where he makes $9 an hour and does a private lesson for $25 each week.…
A: Part 1: Gross pay=$9x+$25y=9x+25
Q: Meg and James Rashev were both employed full-time during the year. The Rashevs have four children:…
A: The child care expense is available for deduction up to 50% (20-30%) of those expenses being…
Q: John has woodworking equipment on which he does special-request jobs for people. He paid $30.000 for…
A: Discounted Payback period is the period within which initial investment is recovered. Given, Cost…
Q: I am having issues with medical expenses deduction and credits. With medical expenses wrong, it…
A: Gifts are not taxable if received from any blood relative Thus, gift received is not taxable.…
Q: 88 200 0 888 8888 88° 00s 00s 00s 00S 00S 00s 00s 00S 091 091 091 091 091 091 091 09 09 120 09 001…
A: Budget is defined as the financial plan for the stated period or year and it involves the planned…
Q: Abdul works full-time in a bookstore. He earns a take-home salary of $580 a week. His expenses are…
A: Savings per month can be calculated as the excess of income over the expenses incurred during the…
Q: Veronica Valentine works as a financial consultant as her sideline which earns her approximately…
A: In absence of specific information it is assumed that Valentine belongs…
Q: When Jack started his job working for an industrial manufacturing company, he contributed $680 at…
A: Compounding interest rate is the rate at which the value of money increases with time. Higher is the…
Q: Case: Two months ago, Lisa was honorably discharged from the Air Force where she spent four years…
A: Loans and mortgages are given on the basis of capacity to pay back the loan that is based on monthly…
Q: Her Social Security tax for the week is $____?
A: Solution:- Normal Wages = 40 hours * $16 = $640 Overtime wages = Overtime hours * $16 * 1.5…
Q: Sophie Gowna, 47 years old, works for an Ontario company with a Bi-weekly pay cycle. She earns $18.5…
A: Introduction Insurable earning is maximum amount of earnings reported in earning statement or wage…
Q: Thomas earns $52,000 per year in salary. You pay 15% for federal income tax, no state taxes, no…
A:
Q: Henry is a college student currently working 25 hours a week at his part- time job. If Henry gets…
A: Working hours per week = 25 hours Payment per hour = $15 Number of weeks per month = 4 weeks Number…
Q: The minimum wage in Mississippi of $725 per hour and you work 50 weeks a year, 40 hours each week.…
A: Gross wages: Earnings before taxes and other deductions are known as gross wages. The sort of job…
Q: Justin Granovsky, an assistant manager at a small retail shop in Morgantown, West Virginia, has an…
A: Since you have a question with multiple subparts we will solve the first three subparts for you. If…
Q: Lloyd owns a beach house (four years) and a cabin in the mountains (six years). His adjusted basis…
A:
Q: Ryan works at the donut shop where he makes $10.25 per hour. He also works part time at the school…
A: Given, Rate of Donut Shop = $10.25 per hour Rate of Book Store = $8.75 per hour Let the number of…
Q: Sophie Gowna, 47 years old, works for an Ontario company with a Bi-weekly pay cycle. She earns $18.5…
A: Pensionable earnings refer to those earnings which are useful to evaluate the pension contributions…
Q: Marty's friend Tom makes and hourly wage of $15.00 per hour. Using that there are 40 hours in a…
A: Answer: Standard Basic wages @15/ hour on annual basis = $15*40*52 =$31200 Social security tax =…
Q: Bert spends $10.60 a day travelling to work, and a further $65 a day sending his daughter Belle to a…
A: Step 1 In Income tax assessment, while calculation tax liability all the expenses are allowed up to…
Q: Ahmed receives 22% commission on the appliances he sells. He sells a kettle for 2000 taka, a food…
A: Basic Salary = 34,000 Commission = 22% Sales = Kettle sales + Food Processor Sales + Oven Sales…
Q: Santos has a poultry farm in General Santos City. Every week, he earns 593,840 for chicen and…
A: In a week, He earns from chicen = 593,840 He earns from eggs = 726,195 Total savings = 359
Q: Norman Dowd owns his own taxi, for which he bought a $13,000 permit to operate two years ago. Mr.…
A: Opportunity cost of owning and operating the independent business = Selling Price of Business…
Q: On December 15, Judy wrote a letter to David stating that she would sell to David all of the…
A: The remedies for the buyer are as follows: At the time the contract was breached by the seller, a…
Q: Ramesh owns a beach house (four years) and a cabin in the mountains (six years). His adjusted basis…
A: a) calculate Ramesh cost allowable recognized gain on the sale of the two residences.
Q: Polly purchased a car. She paid ₱250,000 as down payment, and ₱15,000 payable at the beginning of…
A: Present Value can be calculated using PV function in excel PV (rate, nper, pmt, [Fv], [type])…
Q: Watson's hourly wage is $18, and his net pay is 72% of his earnings. Watson spends about $1,800 on…
A: Here, Hourly Wage is $18 Working Hours per week is 40 hours No. of Week in a Month is 4 Net Pay is…
Q: Don Beldon earns $7.50/hour, and worked 43 hours during the most recent week. He participates in a…
A: The wage tax bracket method is used for calculating the tax retention of employee's tax…
Manuel is paid $185 each day he guides tourists on camping trips in the Grand Canyon. what amount did he earn last month if he worked 34 days?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps