Raj lives in a state where there is a 3.75% state tax. If Raj's gross earnings last week were $675.39, how much state income tax was withheld?

A) $125.33
B) $55.33
C) $25.33
D) $24.90


C

Business

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The budget schedule that provides the necessary input data for the direct labor budget is the sales forecast

Indicate whether the statement is true or false

Business

Torino Company has 2200 shares of $50 par value, 7.0% cumulative and nonparticipating preferred stock and 22,000 shares of $10 par value common stock outstanding. The company paid total cash dividends of $7500 in its first year of operation. The cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is:

A. $200. B. $7500. C. $15,400. D. $7700. E. $7900.

Business

A rail company choosing to modify its pricing for tickets as the departure day/time gets closer is utilizing which type of capacity management technique?

a. Overbooking b. Capacity utilization c. Differential pricing d. Discounting

Business

The analysis of supplier and customer information is likely to create which type of information flows?

a. Internal b. Corporate c. Environmental d. Effective

Business