Kyle, a single taxpayer, worked as a free-lance software engineer for the first three months of 2019. during that time, he earned $44,000 of self-employment income. on april 1, 2019, kyle took a job as a full-time software engineer with one of his former clients, google inc. from april through the end of the year, kyle earned $178,000 in salary. what amount of fica taxes (self-employment and employment related) does kyle owe for the year?

Juniper company uses a perpetual inventory system and the gross method of accounting for purchases. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 26, it paid the full amount due. the correct journal entry to record the merchandise return on august 11 is:

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)

Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows: