Since the SUTA rates changes are made at the end of each year and there is much discussion about changes to the FUTA rate, the available 2017 rates were used for FUTA and SUTA.

Note: For this textbook edition the rate 0.6% was used for the FUTA tax rate for employers.

Example 5-1

Parlone Company has paid wages of $4,000 to an employee in State A. During the year, the employee is transferred to State B, which has a $7,000 taxable salary limitation for its state unemployment tax. The company has a credit of $4,000 against this $7,000 limit. Thus, the company has to pay State B's unemployment tax on only the next $3,000 of wages earned by that worker in State B during the remainder of the calendar year.

In April of the current year, Freeman Steel Company transferred Herb Porter from its factory in Nebraska to its plant in Ohio. The company's SUTA tax rates based on its experience ratings are 3.2% in Nebraska and 3.8% in Ohio. Both states base the tax on the first $9,000 of each employee's earnings. This year, Freeman Steel Company paid Herb Porter wages of $19,500; $3,000 were paid in Nebraska and the remainder in Ohio. Compute the following: round your answers to the nearest cent.

a. Amount of SUTA tax the company must pay to Nebraska on Porter's wages
$________

b. Amount of SUTA tax the company must pay to Ohio on Porter's wages
$________

c. Amount of the net FUTA tax on Porter's wages
$_________

Since the SUTA rates changes are made at the end of each year and there is much discussion about changes to the FUTA rate, the available 2018 rates were used for FUTA and SUTA.

Note: For this textbook edition the rate 0.6% was used for the net FUTA tax rate for employers.

Example 5-1

Parlone Company has paid wages of $4,000 to an employee in State A. During the year, the employee is transferred to State B, which has a $7,000 taxable salary limitation for its state unemployment tax. The company has a credit of $4,000 against this $7,000 limit. Thus, the company has to pay State B's unemployment tax on only the next $3,000 of wages earned by that worker in State B during the remainder of the calendar year.

In April of the current year, Freeman Steel Company transferred Herb Porter from its factory in Nebraska to its plant in Michigan. The company's SUTA tax rates based on its experience ratings are 3.2% in Nebraska and 3.8% in Michigan. Both states base the tax on the first $9,000 of each employee's earnings. This year, Freeman Steel Company paid Herb Porter wages of $20,900; $2,800 were paid in Nebraska and the remainder in Michigan. Compute the following:

Round your answers to the nearest cent.

a. Amount of SUTA tax the company must pay to Nebraska on Porter's wages
$

b. Amount of SUTA tax the company must pay to Michigan on Porter's wages
$

c. Amount of the net FUTA tax on Porter's wages
$

1) Which of the following changes will temporarily shift the position of the equilibrium in the reverse direction for the reaction: N2(g) + 3H2(g) <--> 2NH3(g)

a) increase the concentration of NH3

b) decrease concentration of NH3

c) decrease concentraion of H2

d) increase concentration of N2

e)more than one of the choices would temporarily shift equilibrium in reverse direction

2)The solution resulting from the addition of a nonvolatile solute to a solvent will always have:

a) a higher freezing point than the pure solvent

b) a lower boiling point than pure solvent

c) both a lower freezing point and a higher boiling point than pure solvent

d) both a lower freezing point and lower boiling point than pure solvent

e) more than opne choice is correct

3) Which of the following solutions be hypotonic relative to red blood cells?

a) isotonic saline solution

b) 0.20 M saline solution

c) 0.25 osmol saline solution

d) 0.99% (m/v) saline solution

4) Which of the following statements about solutions is incorrect?

a) a solution is a homogeneous mixture

b) it is possible to have solutions in which both solute and solvent are solids

c) solutions do not seperate into solute and solvent, even if left undisturbed for long periods

d) the properties of a solution do not changes as the ratio of solute to solvent is changed.

5)An osmotic semi-permeable membraine is a membrane through which:

a) both solvent and solute molecules can pass

b) solvent but not solute molecules can pass

c) solute but not solvent molecules can pass

Since the SUTA rates changes are made at the end of each year and there is much discussion about changes to the FUTA rate, the available 2017 rates were used for FUTA and SUTA.

Note: For this textbook edition the rate 0.6% was used for the FUTA tax rate for employers.

Example 5-4

Donner Company began its operations in September of the current year. During September, the company paid wages of $23,400. For the last quarter of the year, the taxable wages paid amounted to $64,700. None of the employees was paid more than $7,000 this year.

a. Is Donner Company liable for FUTA tax this year?

b. If your answer to part a above is "Yes", what is the net FUTA tax for the year? Round your answer to the nearest cent.
$

In relation to recent banking regulation changes, what is reing-fencing?

The changes in the current asset and liability accounts for the year are as follows:

Depreciation expense

$48,500

Gain on disposal of equipment

26,900

Net income

577,400

The changes in the current asset and liability accounts for the year are as follows:

Increase (Decrease)

Accounts receivable

$8,190

Inventory

(4,280)

Prepaid insurance

(2,020)

Accounts payable

(7,000)

Income taxes payable

1,390

Dividends payable

2,480

Required:

A.

Prepare the Cash Flows from Operating Activities section of the statement of cash flows <javascript:void(0)>, using the indirect method. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required.

B.

Briefly explain why net cash flows from operating activities is different from net income.

Describe the in-depth pathophysiology of a STEMI including all cellular changes.

Prepare a concept map of the changes in the body as the patient moves through the stages of hypovolemic shock. Provide your concept map in a power-point presentation.

The current in a 90.0 mH inductor changes with time as
= 1.00
− 6.00
, where
is in

amperes and

is in seconds. Solve for the magnitude of the induced emf at (a)
= 1.00

and
= 4.00
. (c) At what time is the emf zero?

loan refinancing is a typical option if there are changes in interest rates in the market. your company has just completed its 4th year payment of 100,000,000 10 year loan. The existing loan has an interest rate of 8% compounded semi-annually and has a uniform semi-annual payment as well. now, the market interest rate is 6% and you have opportunity to expand further requiring another 50,000,000 loan payable for 10 years. you also want to refinance the remaining part of the existing loan with a 6% rate copmpounded quarterly, for another 10 years.

1.how much is the semi-annual payment of the existing loan?

2.how much is the remaining value of th existing loan at the end of 4th year?

3.how much is the combined monthly payment of the new loan and refinancing?