When the present financial ratios of a firm are compared with similar ratios for another firm in the
same industry it is called trend analysis.
Indicate whether the statement is true or false
FALSE
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Nike recently adopted the slogan "Here I am" for its pan-European clothing advertising targeting women. The decision to drop the famous "Just do it" tag line was based on the research indicating that:
A) the famous slogan did not have accurate translation in European languages. B) Europeans do not like tag lines that portray American thinking. C) college-age women in Europe are not as competitive about sports as men are. D) the old slogan conveys superiority of men over women. E) European women want to differentiate themselves from men.
The chief executive officer earns $10,000 per month. As of May 31, her gross pay was $50,000. The tax rate for Social Security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. What is the amount of FICA-Social Security withheld from this employee for the month of June?
A. $268 B. $7,347 C. $1,240 D. $620 E. $290
Which type of business organization is the best for attracting new equity capital?
A) Sole proprietorship B) Limited liability corporation C) General partnership D) A public corporation
A major issue with venture capitalists and angel investors is the rate at which their funds will be used up. This is called the ________
A) consumption or constriction rate B) burn rate or bleed rate C) IV rate D) depreciation rate