Spencer's gross pay for the week is $1,600
Spencer's yearly pay is under the limit for OASDI. Assume that the rate for state and federal unemployment compensation taxes is 6% and that Spencer's year-to-date pay has not yet exceeded the $7,000 cap. What is the amount of state and federal unemployment tax that his employer must record as payroll tax expense and pay to the federal and state governments?
A) $225.84
B) $215.20
C) $119.20
D) $96.00
D .
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Current liabilities are obligations whose liquidation is reasonably expected to require the use of existing current assets or the creation of other current liabilities within
A) one year or operating cycle, whichever is longer. B) one year. C) one year or operating cycle, whichever is shorter. D) an operating cycle.
Cash equivalents are short -term investments that will be converted to cash within 120 days
Indicate whether the statement is true or false
What is the main type of training that employees’ families receive?
a) Foreign language training b) Area studies c) Cultural awareness training d) Intercultural skills training
Retail stores that sell "seconds" and "irregular" products at discount prices are flourishing all over the country. These stores are needed because of which regrouping activity?
A. wholesaling B. accumulating C. bulk-breaking D. assorting E. sorting