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An employee receives an hourly rate of $24, with time and a half for at hours worked in excess of 40 during the week. Payroll

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An employee receives an hourly rate of $24, with time and a half for at hours worked in excess of 40 during the week. Payroll data for the first week of the calendar year are as follows: hours worked, 48; federal income tax withheld, 5130; Social Security tax rate, and Medicare tax rate, 1.5%; state unemployment tax. 5.4 on the first 57,000; federal unemployment tax, 0.8% on the first $7,000. What is the ret amount to be paid to the employee required, round your answers to the nearest cent 5928,40 $1.248.00 c. $1,024.40 d. 51.728.00 Check My Work al mercator Save and Balance sheet and income statement data indicate the following $1,361,095 Bonds peable, due in 15 years) Income before income tax for your Income tax for year 310,57 Interest payable 33.000 19.000 Interest expense 81,666 Based on the data presented above, what is the times interest earned ratio? Ca. 1.66 6. 3.80 Oc. 4.00 d.206 Check My Work (Previous Next Email betrucie Sve and ote 9

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