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If the employee's gross pay is in column A, line 1, and you want the FICA deduction in column B, then the formula in B1 is
A1*.0765
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What does FICA mean on a paycheck?
FICA stands for a payroll tax used to fund the Social Security system.
What form is used to report FICA taxes?
proper form
How do you calculate ROI?
Definition of 'Return On Investment - ROI'A performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments. To calculate ROI, the benefit (return) of an investment is divided by the cost of the investment; the result is expressed as a percentage or a ratio. The return on investment formula:
What are examples of situations in which a spreadsheet (Excel 2010) can be used to assist in addressing business problems.?
Creating Inventory controls, for another example, can control the quantity in stock, location, number of sales per day month year and calculate minimum and maximus stocks with simple formulas.
Can Excel be used as a database successfully?
Yes, Excel can be used as a database but not to the same extent as other applications. It is primarily a spreadsheet application, so it does not have all the facilities you might want if you are creating a database. Something like Oracle or MySQL or Microsoft Access are better suited to be used as a database.
What formula is used to calculate quantity?
You can calculate quantity in Excel with the SUM function.
What is the formula used to calculate result in Microsoft Excel?
The formula you use depends upon what you are trying to calculate. If you want to multiply two cells (e.g. A1 and C2), the formula would be =A1*C2.
What is underlying formula in Excel?
An underlying formula in Excel is used in a spreadsheet to do something different than the formula does. An underlying formula can be used to remove values or display numbers.
A calculation used in excell?
Calculate means Excel will evaluate formulas and functions to display the result. You can turn calculate to manual or auto. When it is on auto, everything is updated in real time. Manual will update when you open Excel or requires to you click the calculate button every time you want to see results.
What is the symbol that tells excel that you are about to begin a formula?
the asterisk is used for what function when building a formula in excel
What is the formula used to calculate?
the formula used to calculate a slope is: m=y2-y1/x2-x1
What is the formula used to calculate slope?
the formula used to calculate a slope is: m=y2-y1/x2-x1
What is used to find cells that are referenced in a formula in excel?
range finder
How do you calculate RMS value using Microsoft Excel?
You can use the correlation coefficient to calculate the RMSE value using the Microsoft Excel. The correlation coefficient is used to establish the relationship between the values in question.
What formula is used to calculate motion?
You can use a graph to calculate speed.
Which formula is used to calculate kW from HP?
what formula is used for calculate flow rate of pump vs kw
What is a formula bar used for in Excel?
To enter the formula in selected cell, To view the farmula or content of selected cell.
