Which of the following is true about independent contractors within the context of payroll?
A) They are employees of the company.
B) A temporary working relationship must exist.
C) Tools and facilities are provided by the employer.
D) The worker controls hours worked and exercises judgment.
D) The worker controls hours worked and exercises judgment.
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A banker may perform a financial ratio analysis to assess a firm's ability to repay debt in a timely manner.
Answer the following statement true (T) or false (F)
In Marubeni America Corp v. United States, the federal appellate court ruled that the Nissan Pathfinder was, for tariff classification purposes a motor vehicle for the transport of passengers. The classification of goods is significant because:
a. the tariffs will vary depending on the classification. b. the fair value will vary depending on the classification. c. the subsidy will vary depending on the classification. d. the dumping duty will vary depending on the classification.
Rogue Outfitters Inc. has outstanding $1,000 face value 12% coupon bonds that make semiannual payments, and have 8 years remaining to maturity. If the current price for these bonds is $1,274.35, what is the annualized yield to maturity?
A) 7.81% B) 7.40% C) 6.12% D) 6.00%
Leticia is twenty-two years old and she has all of her savings in a Certificate of Deposit (CD) at the bank that currently pays an annual 1.5 percent yield. The account is protected by the FDIC so it is virtually risk free
She hopes to use her savings for a down payment on a new house in ten years. Inflation in house prices in her area has averaged 4 percent per year. What financial principle does she need to pay better attention to? A) Nothing happens without a plan. B) Waste not, want not, smart spending matters. C) Risk and return go hand in hand. D) All of the above are correct.