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Angela's gross pay for the week is $900. Her deduction for federal income tax is based on a rate of 24%. She has voluntary deductions
Angela's gross pay for the week is $900. Her deduction for federal income tax is based on a rate of 24%. She has voluntary deductions of $150.00. Her yearly pay is under the limit for OASDI. What is the amount of FICA-Medicare Tax deducted from her pay? (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%. Do not round any intermediate calculations, and round your final answer to the nearest cent.) O A. $284.85 O B. $13.05 O C. $55.80 O D. $216.00 When a stockholder contributes cash to a corporation in exchange for stock, O A. assets and stockholders' equity are increased O B. liabilities and stockholders' equity are increased OC. one asset is increased and another asset is decreased OD. assets and liabilities are increased
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