SAT, 09.10.2021 14:00 abelxoconda
Chloe receives her paycheck and knows that her gross pay and federal tax are correct. Using the fact that Social Security tax is 6.2% of gross pay, Medicare tax is 1.45% of gross pay and state tax is 23% of federal tax, determine if Chloe's net pay is correct. Earnings Deductions Week Ended Regular FED. SOC. MED STATE WITH. WITH. CARE. WITH. NET PAY 9/10 $856.00 $80.00 $53.07 $12.41 $18.40 $692.12 Choose the true statement below. a. The net pay is correct. b. The Social Security tax is not correct. c. The Medicare tax is not correct. d. The state tax is not correct. Please select the best answer from the choices provided A B C D
Answers: 2
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Chloe receives her paycheck and knows that her gross pay and federal tax are correct. Using the fact...
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