Eric Sherm began working as a part-time waiter on April 1, 20--, at Yardville Restaurant. The cash tips of $445 that he received during April were reported on Form 4070, which he submitted to his employer on May 1. During May, he was paid wages of $780 by the restaurant. Compute OASDI and HI; round your answers to the nearest cent. a. The amount of FICA taxes that the employer should withhold from Sherm's wages during May.

b. The amount of the employer's FICA taxes on Sherm's wages and tips during May.

What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?