Which of the following is a tax an individual would not pay but a business might pay?
A. Federal income taxes
B. State income taxes
C. Personal property taxes
D. Unemployment tax
Answer: D
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Total asset turnover measures the ability of a firm to:
a. generate profits on sales. b. generate sales through the use of assets. c. buy new assets. d. move inventory. e. cover long-term debt.
You will make an initial presentation to the board of directors of an international company. All members of the board are competent speakers of English as a second language. You should
a. enunciate precisely and speak more slowly than normal. b. speak as you normally would in your own company setting. c. use humor generously to break the ice. d. eliminate body language because it may be offensive.
With reference to #32 above, where does the story take place?
a. Mt. Washington b. Himalayas c. Nepal d. Both b and c
Corporations have a larger standard deduction than individual taxpayers because they generally have higher revenues.
Answer the following statement true (T) or false (F)