Johnny's Tavern had 16 employees and total annual wages of $376,948 during the previous year. All employees earned more than $7,000 during the year. What is Johnny's Tavern's FUTA tax liability?
A) $22,616.88
B) $1,589.69
C) $7,000.00
D) $672.00
D) $672.00
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You wish to create a Data Table that calculates the NPV with various initial outlays in D1:E6. Which cell should be entered into the Data Table dialog box, and in which edit box?
a) B7, Row input
b) B7, Column input
c) B2, Row input
d) B2, Column input
e) E1, Column input
When a movie theater increases its price from $6 to $7, its quantity demanded decreases from 600 to 400 seats. Its price elasticity of demand (expressed as a positive number) equals _____
a. 0.2 b. 0.9 c. 1.8 d. 2.6
The difference between manufacturing and service industry is that ______
a. demand cannot be short term in service industry b. demand cannot be seasonal in manufacturing c. services cannot be inventoried to satisfy demand d. demand cannot be long term in service industry
Over the last 5 years, Spencer Inc.'s earnings have grown at an annual average rate of 9%. Current EPS are $1.80 and the company's stock recently sold for $36 per share. Spencer's PEG ratio is
A) .05 B) 20 C) 2.22 D) 222.22