Question
Using the most common reserve-ratio formula, determine Johnson E-Gen's ratio in the following situation: SUTA taxes (contributions) paid to Delaware 2019 = $41,500, benefits paid
Using the most common reserve-ratio formula, determine Johnson E-Gen's ratio in the following situation: SUTA taxes (contributions) paid to Delaware 2019 = $41,500, benefits paid by Delaware 2019 = $23,800, last three year's average payroll = $1,500,000.
a.cannot be determined from information provided
b..0159
c..0118
d.0
Buckwheat Musical Instruments LLC (not in a credit reduction state) made all of its SUTA payments on a timely basis. If they have the following FUTA taxable wages in 2019, by quarter: $359,000, $47,000, $42,000, $18,000, then the third quarter deposit would be:
a.$2,688
b.$534
c.$500
d.$0
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