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Which of the following deductions is paid by both the employer and employee? e federal income taxes O SUTA Laxes e federal unemployment taxes O
Which of the following deductions is paid by both the employer and employee? e federal income taxes O SUTA Laxes e federal unemployment taxes O FICA taxes QUESTION 13 Lana Appliances sells dishwashers with a four-year warranty. In 2018, sales revenue for dishwashers is $96,000. The company estimates warranty expense at 4.5% of revenues the 2018 warranty expense? (Round your final answer to the nearest dollar.) What is O $1080 O $3388 O $4320 QUESTION 14 The matching principle requires businesses to report Warranty Expense O in the period after the related revenue is recorded O in the same period that the company records the revenue related to that warranty Oin the long-term assets section of the balance sheet O in the period prior to which the company records the revenue related to that warranty QUESTION 15 A corporation has 2000 shares, 10% preferred stock of $65.00 par preferred stock, and 6000 shares of common stock outstanding. The net income for the year is $290,000, Calculate earnings per share. (Round your answer to the nearest cent.) O $145.00 O $65.00 O $46.17 O 148.33 QUESTION 16 Which of the following actions will decrease Retained Earnings? O repayment of bond principal O purchase of treasury stock O stock dividend declared O stock split
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