subject
Mathematics, 18.09.2021 19:00 abbymoses3

The Federal Unemployment Tax Act (FUTA) specifies that an employer pay 6% unemployment tax on the first
$7000 of earned income per employee. If the employer
pays into a state unemployment insurance program,
they will receive a 5.4% credit. The after-credit FUTA tax
rate is therefore 0.6%.
If a business has 25 employees, who each earn more than
$7000 per year in wages, what is the business's yearly
FUTA tax payment?
FUTA tax payment = $ [?]
Round to the nearest hundredth.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 19:00
Which shows the correct substitution of the values a,b and c from the equation 1=-2x+3x^2+1
Answers: 1
question
Mathematics, 22.06.2019 01:00
Use mathematical induction to prove the statement is true for all positive integers n, or show why it is false. 1^2 + 4^2 + 7^2 + + (3n - 2)^2 = [n(6n^2-3n-1)/2]
Answers: 1
question
Mathematics, 22.06.2019 01:30
Acontainer holds 0.7 liters of oil and vinegar. 3/4 of the mixture is vinegar. how many liters of oil are in the container? express your answer as both a fraction and a decimal.
Answers: 1
question
Mathematics, 22.06.2019 01:40
Given: prst square pmkd is a square pr = a, pd = a find the area of pmct.
Answers: 3
You know the right answer?
The Federal Unemployment Tax Act (FUTA) specifies that an employer pay 6% unemployment tax on the...
Questions
question
English, 06.10.2021 16:50
question
Mathematics, 06.10.2021 16:50
question
Physics, 06.10.2021 16:50