Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please answer 1-5 1.Yoursalon is$2000 every two weeks, Your employer provides health Insurance which costs them $500 and you $50 every pay, You are in
please answer 1-5
1.Yoursalon is\$2000 every two weeks, Your employer provides health Insurance which costs them $500 and you $50 every pay, You are in the 20% Income tax bitaketiend aresubject to FiCA taxes (7.65\%). What amountwili be deposited into your bank account from vourfirstpain's 2. The corporation borrowed $125,000 at 69 interest for 6 months from the bank on September 15, this year. They will pay off the borrowing and all interest when the note matures in 6 months. When the accountant prepares their December 311 balance sheet, at what amount will the report for interest payable? S 3. The company borrowed $500,000 by signing a five-year 5% note on lanuary 14 this year. The company will make principal payments of $100,000 each year plus the accountant prepares their balance sheet, at what amount will they report asa current liablity for this borrowing? 5 . 4. The balance sheat shows the fol owing current assets: 5300,000 , total assets: $1,000,000; current liablitities: $100,000; total labilitles: $600,000; and stockhalders' equity: $400,000, What is the current ratio Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started