Tronnes corporation's net income last year was $1,750,000. the dividend on common stock was $2.60 per share and the dividend on preferred stock was $2.50 per share. the market price of common stock at the end of the year was $57.70 per share. throughout the year, 300,000 shares of common stock and 100,000 shares of preferred stock were outstanding. the price-earnings ratio is closest to: a. 17.85 b. 11.54 c. 24.04 d. 9.89

On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60