Which payroll tax is imposed on both the employee and the employer?
A) federal income tax
B) state unemployment tax
C) FICA tax
D) federal unemployment tax
C
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Our team leader asks us about our needs, is generous with his time, and considerate of our personal and professional goals. Which of the global leadership behaviors is our leader using?
A. participative B. team-oriented C. autonomous D. humane oriented
In the EPQ model, setup costs refer to ______.
A. the labor costs related to preparing the necessary equipment, changing tools and fixtures on the equipment, cleaning, and so forth B. the labor costs related to ordering materials, receiving materials, and payment on invoices for materials received C. the labor costs related to transporting and warehousing materials received D. the labor costs related to inspecting the quality of materials received
Westbrook's Painting Co. plans to issue a $1,000 par value, 20-year noncallable bond with a 7.00% annual coupon, paid semiannually. The company's marginal tax rate is 25%, but Congress is considering a change in the corporate tax rate to 15%. By how much would the component cost of debt used to calculate the WACC change if the new tax rate was adopted?
A. 0.57% B. 0.63% C. 0.70% D. 0.77% E. 0.85%
Virginia borrowed money from G & L Lending at 35% interest per year. The state maximum interest rate is 20% per year. Virginia defaulted on the loan. What amount can G& L collect from Virginia?
a. G & L will be able to collect the principal plus 20% interest per year. b. G & L will be able to collect the principal but not any interest. c. G & L will not be able to collect either the principal or interest. d. Any one of the above may be correct. The answer depends on the particular state law.