Today, about __________ of households nearing retirement have 401(k)-type of accounts.
A. 20 percent
B. 30 percent
C. 50 percent
D. 60 percent
Answer: D
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The collection period of accounts receivable is usually long
therefore, it is classified as a long-term asset on the balance sheet. Indicate whether the statement is true or false
A company's employees had the following earnings records at the close of the current payroll period: Employees Earning through Prior Pay PeriodEarning this Pay PeriodF. Argent....$11,300$3,900A. Garza.......6,1002,500L. Hong..........9,5003,100R. Levinson...4,8001,400J. Young.......10,0003,000The company's payroll taxes expense on each employee's earnings includes: FICA Social Security taxes of 6.2% on the first $127,200 of earnings plus 1.45% FICA Medicare on all wages; 0.6% federal unemployment taxes on the first $7,000; and 2.5% state unemployment taxes on the first $7,000. Compute the employer's total payroll taxes expense for the current pay period.
What will be an ideal response?
Rosie, a minor subject to her parents' care and control, signs a contract to rent a lake cabin from Sinclair for one year. Before the end of the term, Rosie moves out. Sinclair sues for the rent for the rest of the term. Rosie can? A)?avoid liability for the rent but not disaffirm the contract
B)?disaffirm the contract and avoid liability for the rent. C)?disaffirm the contract but not avoid liability for the rent. D)?neither disaffirm the contract nor avoid liability for the rent.
A record, such as an e-mail or fax, now satisfies the writing requirement under both the UCC and common law
Indicate whether the statement is true or false