Question 15 On June 8, Smith Technologies issued a $75,000, 6%, 140-day note payable to Johnson Company. What is the due date of the note? a. October 27 b. October 25 c. October 28 d. October 26 5 points Question 16 Davis and Thompson have earnings of $850 each. The social security tax rate is 6% and the Medicare tax rate is 1.5%. Assuming that the payroll will be paid on December 29, what will be the employer’s total FICA tax for this payroll period? a. $25.50 b. $127.50 c. $96.00 d. $102.00 5 points Question 17 Which of the following taxes are employers required to withhold from employees? a. state unemployment tax b. FICA tax c. FICA tax, state, and federal unemployment tax d. federal unemployment tax 5 points
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