Historically, prices were
A. the center of attention in almost all marketing strategies.
B. rarely changed except in response to radical shifts in market conditions.
C. allowed to vary seasonally as cross-shopping tendencies fluctuated.
D. calculated to minimize contribution per unit.
E. analyzed and changed constantly.
Answer: B
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Under which of the following conditions does the equipment lease qualify for capital lease accounting?
a. The lease contains a bargain purchase option. b. The lease term is equal to or greater than 75% of the asset's economic life. c. A, and B are correct answers. d. The lease transfers ownership to the lessee at the end of the lease term.
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
Which of the following is a drawback of using standard costing system?
A) It can be expensive and time-consuming to implement. B) It distorts actual cost information. C) It is often inaccurate. D) It is applicable only to manufacturing businesses, not service businesses.
______ benefits include a group of options such as vacation time/annual leave, severance pay, personal time off, sick days, and holidays.
A. Workers’ compensation B. Utilization analysis C. Vesting D. Paid time off