1. During one pay period, your company distributes $140,000 to employees as net pay. The income tax withholdings were $20,900 and the FICA withholdings were $9086. The total wages and payroll tax expense to the company for this pay period was how much?
2. A company has outstanding 12.5 million shares of $5.5 par common stock and 2.3 million shares of $ 5.3 par preferred stock. The preferred stock has an 11% dividend rate. The company declares $ 2000,00 in total dividends for the year. How much of the dividend to the preferred shareholders receive?
3. A company reported net income of $11,3475 million. At the beginning of the year, 4.35 million share of common stock were outstanding and at the end of the year, 4.55 million shares were outstanding. No dividends were declared. The EPS is what?