Those who belong to the Millennial generation tend to resent authority and are highly independent.

a. true
b. false


b. false

Business

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An important segment of the outsourcing market is the application service provider (ASP), which hosts, manages, and provides access to hardware and software over the Internet to multiple users

Indicate whether the statement is true or false

Business

On January 31, Ransom Company's payroll register showed that its employers earned $30,320 of office salaries and $82,750 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes as the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $16,960 of federal income taxes, $3,350 of medical insurance deductions (which represents 50% of the total cost of the employee medical insurance), and $4,210 of 401(k) retirement contribution deductions. Ransom Company pays the other 50% of the employee insurance cost and matches the employee 401(k) contributions. Several employees earned more than $7,000 for the period which reduced salaries subject to unemployment to $104,000. No employees exceeded the FICA-Social Security taxable wage base.1. Prepare the

journal entry to record Ransom Company's January 31 payroll expenses and liabilities.2. Prepare the journal entry to record Ransom Company's employer payroll taxes resulting from the January 31 payroll. Ransom's merit rating reduces its state unemployment (SUTA) to 5.4% of the first $7,000 paid each employee. The federal unemployment tax (FUTA) rate is 0.6%.3. Prepare the journal entry to record Ransom's additional employee expenses. What will be an ideal response?

Business

Trade-related investment measures are those restrictions a nation places or foreign investment that adversely affect trade in goods or services

Indicate whether the statement is true or false

Business

________ bonds are bonds that are scheduled for maturity on one specified date.

What will be an ideal response?

Business