Global companies recruit management from many countries, buy components and supplies where they cost the least, and invest where the expected returns are greatest

Indicate whether the statement is true or false


TRUE

Business

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Which of the following is FALSE concerning the use of Internet sources for research?

a. Internet resources may be inaccurate. b. Internet sources are legal to use in any way without concerns over copyright. c. Internet resources can reflect out-of-date information. d. Electronic periodicals are not always subjected to a review process.

Business

Assume that you have a marginal tax rate of 28 percent, a state income tax rate of 4 percent, and have a city income tax rate of 1 percent

The tax for Social Security and Medicare is 7.65 percent. What would be the effective marginal tax rate on your last dollar of earnings? A) 28 percent B) 32 percent C) 33 percent D) 40.65 percent E) Cannot determine from the information provided

Business

During September, Clendennen Corporation budgeted for 24,000 customers, but actually served 27,000 customers. The company uses the following revenue and cost formulas in its budgeting, where q is the number of customers served:Revenue: $6.00qWages and salaries: $36,700 + $2.10qSupplies: $1.10qInsurance: $12,600Miscellaneous expense: $4,600 + $0.30qRequired:Prepare the company's flexible budget for September based on the actual level of activity for the month.

What will be an ideal response?

Business

The Eighth Amendment concerns cruel and unusual punishment and excessive fines

a. True b. False Indicate whether the statement is true or false

Business