An employee's net (or take-home) pay is determined by gross earnings minus amounts for income tax withholdings and the employee's

a. portion of fica taxes and unemployment taxes.

b. and employer's portion of fica taxes, and unemployment taxes.

c. portion of fica taxes, unemployment taxes, and any voluntary deductions.

d. portion of fica taxes and any voluntary deductions.

How do primary and secondary industries differ

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to