360 day On August 1, Batson Company issued a 60-day note with a face amount of $54.600 to Jergens Company for merchandise inventory (s yet is used to rest calculations.) a. Determine the proceeds of the note assuming the note carries an interest rate of 6% b. Determine the proceeds of the note assuming the note is discounted at 5% Previous Next > Sube let for Grading O e 9 Thomas Martin receves an hourly wage rate of $22. with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the current we are as follows: hours worked, 40; federal income tax withheld, 5316; social security tax rate, 60% and Medicare tax rate, 1.5%. What is the gross pay for Martin? b. $1,936 Oc 1.012 Previous Next > Sum te for Grading O Re 9 Prison Pyoni