The Wheeler Company payroll for the week ended November 8 is $80,000 with 15 percent withheld for employee income taxes and 8 percent for FICA taxes. The total amount of taxes to be remitted by the employer for this payroll, ignoring unemployment insurance taxes, would be:
a. $18,400
b. $12,000
c. $12,800
d. $24,800
d
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The best measure of a firm's sustainable income is
a. net income. b. income from continuing operations. c. income before extraordinary items. d. income before extraordinary item and change in accounting principle.
To revitalize the downtown area both the merchants and the city plans to spend $1 million dollars on new lighting, walkways and storefronts
What will be an ideal response?
Hector is interested in using goals in order to motivate his employees. He should remember the following in order to effectively utilize goals: ______.
A. Goals are best set by the leader, regardless of the relevance of the goal to the individual employee. B. The degree to which a person is committed to a goal influences their willingness to persist and attain it. C. Easy goals are more motivating than challenging goals. D. Nonspecific goals such as “do your best” are more effective than specific goals.
When a business requires frequent reporting of the same categories of informa-tion—
a. data remain relatively constant from one reporting period to the next. b. a form report may increase the report writer's efficiency. c. employees are often excused from reporting regularly. d. the data have little value to management.