Taxes
What do we call one's pay before taxes are withheld?
Gross Pay
Markup up rate is based on what one of two things?
Cost or selling price
If an object was bought for $4,500 and had a salvage value of $500, what was is the depreciable value?
$4000
Who won the Super Bowl this year?
Seattle Seahawks
What do we call the longest day of the year?
Summer Solstice
What form lists all wages and withholdings in a work year?
W - 2
If a lamp cost $40 and was marked up $10, what is the rate of markup based on cost?
25%
Find the first month's depreciation based on simple-line for a good that has a depreciable value of $5,765 and has an expected life of 5 years
$1,153
What animal is the largest cause of death, leading to over a million deaths per year?
Mosquito
What NBA player scored 100 points in one game in 1962?
Wilt Chamberlain
By what day must tax returns be complete?
April 15
What is markdown always based on?
Selling Price
Name two different methods of finding deprecation outside of simple-line
Units-of-Production, Sum-of-the-Years'-Digits, Declining Balance
When it comes to the holiday that sends the most cards, Valentine's Day is second. What holiday is first?
Christmas
A type of animal has been observed to never die from old age, being the closest animal to be immortal. What kind of animal is this?
Jellyfish
What is the name of the form that fills out a tax return and determines if taxes are overpaid or owed?
Form 1040
If markup of an object is 40% of it's selling price, what is the markup based on cost?
66.7%
Find the denominator of the depreciation rate using sum-of-the-years'-digits method if an object has an expected life of 15 years
120
What year was Valentine's Day created?
496 AD
What president served the shortest term before his death?
William Henry Harrison
What percent of an employee's gross pay is Social Security? Whoever is closest wins the question.
6.2%
If a good was originally sold for $480 and marked down to sell for $420, what was the markdown rate?
12.5%
Find the depreciation rates for each year for sum-of-the-years'-digits method if an object has an expected life of three years.
1/6, 2/6, 3/6
Valentine's Day is named after St. Valentine from the Catholic church. In what year did he die?
273 AD
What do the "H"'s in 4-H stand for?
Head, Heart, Hands, and Health