Gross earnings this pay period total $75,000 . If the current total FUTA tax and SUTA tax rate is 5.5% for the business due to the current merit rating, and the total payroll for employees who have earnings under the $7,000 ceiling totals $23,500, what will be the employer's total unemployment tax obligation for this pay period?
a. $1,292.50
b. $0.00
c. $4,125.00
d. $5,000.00
e. None of the above
a
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Which of the following is a drawback of selling private-label merchandise?
A. Gross margins are lower with private-label brands than with national brands. B. Designing private-label merchandise is only possible for department store retailers. C. National brands are produced with better quality. D. National brands are far superior to private-label brands. E. Significant investment is needed to develop, manage, and market private-label brands.
According to the text, the typical duration of a focus group is ________
A) less than an hour B) two to four hours C) one to three hours D) three to five hours E) more than five hours
In the U.S., the government's ___________ regulates chemicals that pose an unreasonable risk to humans.
What will be an ideal response?
Assume that the economy is in a mild recession, and as a result interest rates and money costs generally are relatively low. The WACC for two mutually exclusive projects that are being considered is 8%. Project S has an IRR of 20% while Project L's IRR is 15%. The projects have the same NPV at the 8% current WACC. However, you believe that the economy is about to recover, and money costs and thus your WACC will also increase. You also think that the projects will not be funded until the WACC has increased, and their cash flows will not be affected by the change in economic conditions. Under these conditions, which of the following statements is CORRECT?
A. You should reject both projects because they will both have negative NPVs under the new conditions. B. You should delay a decision until you have more information on the projects, even if this means that a competitor might come in and capture this market. C. You should recommend Project L, because at the new WACC it will have the higher NPV. D. You should recommend Project S, because at the new WACC it will have the higher NPV. E. You should recommend Project L because it will have the higher IRR at the new WACC.