Answer:
Since the FICA tax is split equally between employers and employees, we can conclude that the incidence of this tax is also equally shared.
a. True
Explanation:
The incidence of the FICA tax refers to the extent to which an individual employee or the employing organization suffers from the imposition of the FICA tax. In the final analysis, the incidence may not be borne by the organization but consumers of its goods and services, depending on the elasticity of demand. Employers and employees usually split the FICA tax equally. The FICA (Federal Insurance Contribution Act) refers to the federally mandated tax for Social Security and Medicare.
Answer:
Cross functional teams
Explanation:
Cross functional teams is the term which is defined as the groups which are made up of the people from the different functional areas within the company or firm such as the human resources, marketing, sales, customer service and distribution.
Under this teams are effective as each member could address the business decision from different view points.
Therefore, the cross functional teams are the one which compromise of the employees stating the various company functions.
Answer:
$1,138.92
Explanation:
Current bond price can be calculated present value (PV) of cash flows formula below:
Current price or PV of bond = C{[1 - (1 + i)^-n] ÷ i} + {M × (1 + i)^-n} ...... (1)
Where:
Face value = $1,000
r = coupon rate = 7.2% annually = (7.2% ÷ 2) semiannually = 3.6% semiannually
C = Amount of semiannual interest payment = Face value × r
C = $1,000 × 3.6% = $36
n = number of payment periods remaining = (12 - 1) × 2 = 22
i = YTM = 5.5% annually = (5.5% ÷ 2) semiannually = 2.75% semiannually = 0.0275 semiannually
M = value at maturity = face value = $1,000
Substituting the values into equation (1), we have:
PV of bond = 36{[1 - (1 + 0.0275)^-22] ÷ 0.0275} + {1,000 × (1 + 0.0275)^-22}
PV of bond = $1,138.92.
Therefore, the current bond price is $1,138.92.
Answer:
// Program is implemented using Coral Programming Language
int X
int Y
int Sum
Put "Enter any two numbers" to output
x = Get next input
Y = Get next input
if Y < X
Put "Second integer can't be less than the first" to output
else
for Sum = X; Sum <= Y; Sum = Sum + 10
Put Sum to output
Explanation:
The above program is written using Coral Programming Language
The first line is a comment
The next 3 lines declares 3 integer variables
Which are X, Y and Sum
X and Y represent the two input numbers as seen on line 6 and 7
X, being the first and Y being the second
Line 8 tests the larger of the two numbers
If Y is less than X, the output is "Second integer can't be less than the first" without the quotes
Else
The last two lines perform iterative operations that assigns the addition of 10 and X to Sum
It continues printing sum as long as sum is less than the value of Y.
First Identity the primary activities
Then goes select an allocation
Followed by calculating an activity
And finally allocate the costs
Hope this helps
