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On September 1 , 2 0 1 9 , Maibritt Equipment signed a 1 2 - month, 9 % interest bearing note payable for $
On September Maibritt Equipment signed a month, interest bearing note payable for $
Assuming Maibritt maintains its books on a calendar year basis, the amount of interest expense that should be reported in the income statement for this note would be:
A $
$
C $
D $
Assume that Brian earns $ per hour and he worked hours this week. The Social Security rate is and the Medicare rate is and his entire earnings are subject to both FICA taxes. Also, $ in income taxes and $ of union dues are withheld.
Brian's net takehome pay should be:
A $
B $
C $
D$
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