In the business market, small sellers concentrate on reaching as many participants as possible because their chances of success are slim
Indicate whether the statement is true or false
FALSE
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An employee earned $43,300 working for an employer in the current year. The current rate for FICA Social Security is 6.2% payable on earnings up to $128,400 maximum per year and the rate for FICA Medicare 1.45%. The employer's total FICA payroll tax for this employee is:
A. $5,638.05. B. $3,312.45. C. $8,950.50. D. $2,684.60. E. $0, since the FICA tax is only deducted from an employee's pay.
In a centralized organization, ________ make all the decisions and pass them down to lower levels for ________.
A. top managers, consideration B. project managers, review C. top managers, review D. project managers, implementation E. top managers, implementation
Which of the following statements is true of a project whose cash flows accrue relatively rapidly??
A. ?The payback period is longer than the years expected to recover the original investment. B. ?The net present value is not very sensitive to changes in the discount rate. C. ?The required rate of return is revised throughout the duration of the project. D. ?The net present value of the project is always negative if cash flows accrue rapidly. E. ?The project will have multiple internal rates of return due to rapidly accruing cash flows.
_____ is the chance that a financial asset will not earn the return promised.?
A. ?Maturity B. ?Production opportunity C. ?Time preference for consumption D. ?Risk E. ?Inflation