Income divided by sales revenue is called capital turnover.

Answer the following statement true (T) or false (F)


False

Income divided by sales revenue is called sales margin.

Business

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The payroll register of Vtech Enterprises showed total employee earnings of $2,100 for the week ended August 2, 2019. Compute the employer's payroll taxes for the period. The tax rates are: Social security tax, 6.2 percent; Medicare tax, 1.45 percent; FUTA tax, 0.6 percent; SUTA tax, 2.2 percent. All earnings are taxable. Record the employer's payroll taxes for the period on page 4 of a general journal.

What will be an ideal response?

Business

A manager with strong conceptual skills is able to think well in concrete terms.

Answer the following statement true (T) or false (F)

Business

Which of the following is tangible real property?

A) Corn harvested and stored in a grain bin B) The mortgage on an office building C) A copyright D) The freight elevator in an office building

Business

A major security incident is generally handled by the ________

A) IT disaster response team B) business continuity team C) CSIRT D) All of the above

Business