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majestico majestico
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7 years ago
Compute the net pay for each employee. The FICA tax rate is: OASDI 6.2% on a limit of $117,000; Medicare is 1.45%; federal income tax is 15%; state income tax is 5%; and medical insurance is $100 per employee.

   Cumulative Pay   This Week's Pay
Sarah Ahti   $75,000   $3,500
Matt DeFore   $62,000   $2,500
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College Accounting: A Practical Approach

College Accounting: A Practical Approach


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LaffioLaffio
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7 years ago
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majestico Author
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7 years ago
Thanks
lierac00
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Yesterday
You make an excellent tutor!
ky
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2 hours ago
Thank you, thank you, thank you!
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