For each of the following types of business, indicate why the manager needs to know the unit cost information
Managers of a Need to know the cost to
Bakery
Computer manufacturer
Bank
Seamstress
What will be an ideal response
Managers of a Need to know the cost to
Bakery Make a cake
Computer manufacturer Make a computer
Bank Service a customer's account
Seamstress Make a garment
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An employee earned $44,200 working for an employer in the current year. The current rate for FICA Social Security is 6.2% payable on earnings up to $127,200 maximum per year and the rate for FICA Medicare 1.45%. The employer's total FICA payroll tax for this employee is:
A. $2740.40. B. $640.90. C. $6762.60. D. $3381.30. E. Zero, since the FICA tax is a deduction from an employee's pay, and not an employer tax.
Apparent authority usually comes into existence through a principal's pattern of conduct over time.
Answer the following statement true (T) or false (F)
Junk bonds are high-risk, high-yield debt instruments. They are often used to finance leveraged buyouts and mergers, and to provide financing to companies of questionable financial strength.
Answer the following statement true (T) or false (F)
An official action by an agency of the city of Oakwood against one of its citizens would be considered "state action."
Indicate whether the statement is true or false