Business Math
Chapter 2 - Net Income
Lesson 2-1 Federal Income Tax
- Define "federal income tax" and "withholding allowances"
- p. 131 #5-12, 19, 20
Lesson 2-2 State Income Tax
- Define "exemption"
- p. 133 #5-14
Lesson 2-3 Graduated State Income Tax
- Define "graduated income tax"
- p. 136 #3-6, 11
Lesson 2-4 Social Security and Medicare Taxes
- Define "Social Security" and "Medicare"
- p. 138 #3-10
Lesson 2-5 Group Health Insurance
- Define "group insurance"
- p. 140 #5-10, 17, 18
Lesson 2-6 Statement of Earnings
- Define "net pay"
- p. 144 #4-8
- Read the article found here and write a short response
