Equity

Which of the following are payroll withholdings that are subtracted from gross pay to arrive at take-home pay?

Employee contributions to retirement plans Health insurance paid by the employee Federal income taxes

financing refers to obtaining investment from stockholders.

Equity

Which of the following are employer payroll costs?

Federal and state unemployment taxes Employer portion of Medicare tax

The total number of shares that a company may sell is referred to as shares.

authorized

The number of shares outstanding equals the number of shares ______.

issued minus the number of shares in treasury

Earned capital increases ____.

retained earnings

Retained earnings are:

sometimes called earned capital. all of the company's earnings not distributed to stockholders. increased by net income. decreased by dividends.

Payroll withholdings are

the items subtracted from an employee's gross pay to arrive at take-home pay.

Retained earnings of $100,000 represent a corporation's cumulative earnings ______ and is shown on the

not paid out by dividends; balance sheet and statement of retained earnings

Which of these payroll taxes are paid by the employer and the employee?

Medicare Social Security