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    Exam 7: Accounting for Liabilities
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    In December 2011,B
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In December 2011,B

Question 131

Question 131

Multiple Choice

In December 2011,B.Rich worked for Payless,Inc.and earned $10,000.Federal income tax withholding is 20%.The FICA rate is 6.2% and the Medicare tax is 1.45%.What is B.Rich's gross pay?


A) $12,000
B) $12,765
C) $13,385
D) $10,000

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