Beth Martin bought 300 shares of Alpha 50 par 6 preferred stock at the current market price of 59 per share. What is her rate of yield if Alpha pays the regular dividend for the year?
Q. 2The required deduction for Social Security is 6.2 OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of 97,500 and 1.45 HI (Hospital Insurance, commonly known as Medicare) for all earnings. Eric Garcia's cumulative wages for the year not including the current pay period total 95,100 . Calculate the amount of Social Security and Medicare to be withheld from Garcia's current gross pay of 3,980.
Q. 3Marge Brown bought 200 shares of Kenworth 50 par 7 preferred stock at the current market price of 58 per share. What is her rate of yield if Kenworth pays the regular dividend for the year?
Q. 4The required deduction for Social Security is 6.2 OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of 97,500 and 1.45 HI (Hospital Insurance, commonly known as Medicare) for all earnings. Michele Baker's cumulative wages for the year not including the current pay period total 98,500 . Calculate the amount of Social Security and Medicare to be withheld from Baker's current gross pay of 3,500.
Q. 5Parliament Corporation's capital consists of 25,00 . shares of 100 par 8 preferred stock and 75,00 . shares of no-par common stock. The board of directors declared a dividend of 293,750 . Calculate the dividend per share for common stock.
Q. 6The required deduction for Social Security is 6.2 OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of 97,500 and 1.45 HI (Hospital Insurance, commonly known as Medicare) for all earnings. The employer must match the employee's deduction and send the total to the IRS. An employer has 15 employees, each earning 27,00 . per year; 5 employees, each earning 32,00 . a year; and 2 employees, each earning 45,00 . a year. Compute the amount the employer pays in matching Social Security and Medicare funds during the year.
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