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due in 30 mins please A company issues 7% bonds with a par value of $140,000 at par on January 1. The market rate on
due in 30 mins please
A company issues 7% bonds with a par value of $140,000 at par on January 1. The market rate on the date of issuance was 6%. The bonds pay interest semiannually on January 1 and July 1 . The cash paid on July 1 to the bondholder(s) is: Multiple Choice $9,800 $8,400 $4,900 $4,200 so. An employee earned $44,200 during the year working for an employer when the maximum limit for Social Security was $137,700. The Federal Insurance Contributions Act (FICA) tax rate for Social Security is 6.2% and the Federal Insurance Contributions Act (FICA) tax rate for Medicare is 1.45\%. The employee's annual Federal Insurance Contributions Act (FICA) taxes amount is: Multiple Choice $6,12170 $3,381,30 $2,740.40 $64090 $6,762.60 Step by Step Solution
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