Which of the following statements is true? COMPANY NAME Some Corporation 123 Somewhere Drive, Durham, NC 12345 EMPLOYEE NAME SSN EMPLOYEE ID 98856 Hope Marie Kingsley Xxxx-xx-6789 CURRENT TOTAL HOURS 40 600.00 INCOME GROSS WAGES YTD GROSS 5,400.00 RATE 15.00 YTD DEDUCTIONS 2,836.89 YTD NET PAY 2,563.11 CHECK NO. 98765 DEDUCTIONS FICA MED TAX FICA SS TAX FED TAX NC ST TAX HEALTH DENTAL RETIREMENT CURRENT TOTAL 600.00 EARNINGS STATEMENT PAY PERIOD 5/1/2020-5/15/2020 CURRENT DEDUCTIONS 315.21 CURRENT TOTAL 8.70 37.20 90.00 34.50 $76.58 $8.23 $60.00 PAY DATE 5/21/2020 YEAR-TO-DATE O Hope has had more take home pay this year than deductions O Hope has had equal amounts of take home pay and deductions this year. O Hope has more deductions this year than take home pay. O Hope's paystub only shows deductions and take home pay for this pay period, not the entire year to date. 78.30 334.80 810.00 310.50 $689.22 $74.07 $540.00 NET PAY 284.79 "Excluded from federal taxable wage

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Which of the following statements is true?
COMPANY NAME
Some Corporation 123 Somewhere Drive, Durham, NC 12345
EMPLOYEE NAME
Hope Marie Kingsley
SSN
xxxx-xx-6789
HOURS
40
EMPLOYEE ID
98856
CURRENT TOTAL
600.00
INCOME
GROSS WAGES
YTD GROSS
5,400.00
RATE
15.00
YTD
DEDUCTIONS
2,836.89
YTD NET PAY
2,563.11
CHECK NO.
98765
DEDUCTIONS
FICA MED TAX
FICA SS TAX
FED TAX
NC ST TAX
HEALTH
DENTAL
RETIREMENT
CURRENT TOTAL
600.00
EARNINGS STATEMENT
PAY PERIOD
5/1/2020-5/15/2020
CURRENT
DEDUCTIONS
315.21
CURRENT TOTAL
8.70
37.20
90.00
34.50
$76.58
$8.23
$60.00
PAY DATE
5/21/2020
YEAR-TO-DATE
O Hope has had more take home pay this year than deductions
O Hope has had equal amounts of take home pay and deductions this year.
O Hope has more deductions this year than take home pay.
O Hope's paystub only shows deductions and take home pay for this pay period, not the entire year to date.
78.30
334.80
810.00
310.50
$689.22
$74.07
$540.00
NET PAY
284.79
"Excluded from federal taxable wage
Transcribed Image Text:Which of the following statements is true? COMPANY NAME Some Corporation 123 Somewhere Drive, Durham, NC 12345 EMPLOYEE NAME Hope Marie Kingsley SSN xxxx-xx-6789 HOURS 40 EMPLOYEE ID 98856 CURRENT TOTAL 600.00 INCOME GROSS WAGES YTD GROSS 5,400.00 RATE 15.00 YTD DEDUCTIONS 2,836.89 YTD NET PAY 2,563.11 CHECK NO. 98765 DEDUCTIONS FICA MED TAX FICA SS TAX FED TAX NC ST TAX HEALTH DENTAL RETIREMENT CURRENT TOTAL 600.00 EARNINGS STATEMENT PAY PERIOD 5/1/2020-5/15/2020 CURRENT DEDUCTIONS 315.21 CURRENT TOTAL 8.70 37.20 90.00 34.50 $76.58 $8.23 $60.00 PAY DATE 5/21/2020 YEAR-TO-DATE O Hope has had more take home pay this year than deductions O Hope has had equal amounts of take home pay and deductions this year. O Hope has more deductions this year than take home pay. O Hope's paystub only shows deductions and take home pay for this pay period, not the entire year to date. 78.30 334.80 810.00 310.50 $689.22 $74.07 $540.00 NET PAY 284.79 "Excluded from federal taxable wage
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