A major sociocultural trend in the United States is the increased number of women in the workforce that has increased the need for business clothing but decreased the demand for baking product staples.
Answer the following statement true (T) or false (F)
True
The increased number of women in the workforce has increased the need for business-clothing merchandise but decreased the demand for baking product staples (because people would have less time to cook from scratch).
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Select the action that matches the category of internal control procedures. (Select all that apply.) Independent review and appraisal
a. One department should check on another b. Internal audit staff ensure all is working as intended c. Accounting and cash collection is properly separated d. Blank checks are locked at all times when not in use e. Origination of initial entry into accounting system f. Specific authority is given by management for the performance of activities
Gary Marks is paid on a monthly basis. For the month of January of the current year, he earned a total of $8888. FICA tax for Social Security is 6.2% on the first $128,400 of earnings each calendar year and the FICA tax for Medicare is 1.45% of all earnings. The FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7000 of an employee's pay. The amount of Federal Income Tax withheld from his earnings was $1474.77. What is the amount of the employer's payroll taxes expenses for this employee? (Round your intermediate calculations to two decimal places.)
A. $378.00 B. $551.06 C. $1099.94 D. $128.88 E. $42.00
Industrial classification systems allow marketers to divide business customers into groups based mainly on the types of goods and services provided.
Answer the following statement true (T) or false (F)
Valiant Industries has 30 million shares of stock outstanding at a price of $28 per share. The company wishes to raise more money and plans to do so through a rights issue. Every existing stockholder will receive one right for each share of stock held
For every four rights held by the stockholder, they can buy one share at a price of $28. If all rights are exercised, how much money will be raised in this offer? A) $105.0 million B) $168.0 million C) $210.0 million D) $252.0 million