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3 years ago

Both the employee and the employer contribute to the F.I.C.A. fund and to the Medicare program. True or False

Business

1 answer:

denpristay [2]3 years ago

7 0

True, the employer and employee will have to contribute to F.I.C.A and the Medicare program.

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An economy in which more effort is devoted to the production of services than to the production of goods is called the:

kirza4 [7]

The economy is the service economy

4 0

3 years ago

On January 1, ABC, Inc., issued $100,000 of 10%, 5-year bonds, for $92,280. Interest is due semiannually. When ABC records the f

Rina8888 [55]

Answer:

A. The debit to Interest Expense will be greater because the market rate is greater than the stated interest rate.

Explanation:

The effective interest rate is the market rate which is real rate of interest payment after incorporating the compounding effect. When the effective interest rate is greater than the stated the bond will sell at discount. The stated interest rate determines the amount of interest borrower will have to pay. The effective interest rate lead to higher returns than stated interest rate.

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3 years ago

A simple discount note results in

Nikolay [14]

A simple discount note results in interest that are deducted in advance, this can just be simply called a discount. It is usually being confused with markdown. Discount is a deduction in the price of a product base on the purchase of the customer while markdown is a reduction of price based on inability to be sold.

6 0

3 years ago

Read 2 more answers

In the united states, the average person mostly patronizes firms that operate in?

Likurg_2 [28]

In the united states, the average person mostly patronizes firms that operate in Monopolistic Competitive Market.

Monopolistic Competitive Market is a kind of market structure where numerous associations are accessible in an industry, and they produce relative yet isolated things.

None of the association participate in a partnership, and every association work unreservedly no matter what the engaging quality of various association. The market structure is a type of Imperfect Competition.

Imperfect Competition alludes to the circumstance where the characteristics of a market don't satisfy every one of the essential states of an entirely serious market and consequently, it cause market weaknesses when it ends up actually working, and bringing about market disappointment.

To learn more about Monopolistic Competitive Market.

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3 0

2 years ago

Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.

kifflom [539]

Answer:

P₀ = $12.23

Explanation:

Div₃ = $1.25

Div₄ = $1.65

Div₅ = $2.178

Div₆ = $2.30868

first we must calculate the terminal value using the dividend discount model = $2.30868 / (17% - 6%) = $20.988

now we must discount all the future dividends + terminal value

P₀ = $1.25/1.17³ + $1.65/1.17⁴ + $2.178/1.17⁵ + $20.988/1.17⁵ = $12.23

5 0

3 years ago