1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IRISSAK [1]
3 years ago
13

Benefits can represent more than ______ of the employer's total payroll costs. a. 28 percent b. 7 percent c. 66 percent d. 12 pe

rcent
Business
1 answer:
gtnhenbr [62]3 years ago
4 0

Answer:

b. 7 percent

Explanation:

Benefits here means the statutory benefits that the employees have a right to receive. These on the legal terms are the requirements, as the employer is required to contribute around 7.65% of the salary paid to the employee towards benefits of social security and Medicare.

This clearly is the standard set for the payroll. Now this also provides for the minimum contributions, thus it provides that at-least these are to be made.

Thus, each employer when making a standard salary shall contribute more than 7% towards the benefits of the employees.  

You might be interested in
What are the two major components of a working capital management strategy
Sliva [168]

Answer:

The two major components of Working Capital are Current Assets and Current Liabilities. One of the major aspects of an effective working capital management is to have regular analysis of the company's currents assets and liabilities.

6 0
2 years ago
When the risks of the individual components of a project’s cash flows are different, an acceptable procedure to evaluate these c
maxonik [38]
The answer would be the first one for sure
3 0
3 years ago
Suppose the rate of return on a 10-year T-bond is 4.05%, the expected average rate of inflation over the next 10 years is 2.0%,
Keith_Richards [23]

Answer:

1.15%.

Explanation:

This can be calculated as follows:

Yield be on a 10-year TIPS = Rate of return on the 10 year T-bond - Average Inflation - Market Risk Premium (MRP)

Therefore, we have:

Yield be on a 10-year TIPS = 4.05% - 2.0% - 0.9% = 1.15%

Therefore, the yield on a 10-year TIPS should be 1.15%.

6 0
3 years ago
On July 1, 20X9, Link Corporation paid $340,000 for all of Tinsel Company's outstanding common stock. On that date, the costs an
likoan [24]

Answer:

Goodwill = 25,000

Explanation:

Goodwill is an intangible asset, is the differential reflected in a consolidated balance sheet immediately after the business combination between the purchase price of a company and the fair market value of identifiable assets and liabilities. Goodwill is recorded when the purchase price is higher than the sum of the fair value of all identifiable tangible and intangible assets purchased in the acquisition and the liabilities assumed in the process.

In this case:

Goodwill = Purchse Price - Net assets fair value

Goodwill = 340,000 - 315,000

Goodwill = 25,000

The difference between the book value and fair value of the acquired company are adjustments to the amount presented in the consolidated balance sheet.

6 0
3 years ago
Two decades ago when the United states entered info the North American Free Trade Agreement with Canada and Mexico, there was si
stepan [7]

Answer: It was believed by some politicians and unions that NAFTA poses more harm to the United States economy unlike TTIP.

Explanation:

The North American Free Trade Agreement (NAFTA) is an agreement entered into by Canada, United States, and Mexico that ensures free trade among the countries as it was created to remove tariff barriers to different sectors of the economy and ensure free trade.

The Transatlantic Trade and Investment Partnership (TTIP) is a trade agreement which is proposed between the United States and the European Union with the aim of promoting economic growth and trading activities.

Some politicians and trade unions were in disagreement with NAFTA because it led to job losses especially in the manufacturing firms in the U.S. Companies also threatened to relocate to Mexico in order to keep their workers from joining trade unions and this suppressed wages as workers could not negotiate for better wages.

NAFTA allowed trucks from Mexico to enter the United States. These Mexican also entered the United States illegally by crossing the border. These were some of the reasons some people were not in agreement with NAFTA.

5 0
3 years ago
Other questions:
  • A large restaurant with locations throughout the United States has a long-term partnership with Tyson for its poultry and a prod
    10·2 answers
  • Michael will attend college in 5 years. He anticipates he will need $19,000 to pay for the first year. He currently has $6,400 i
    6·2 answers
  • Which of the following countries will be better off in the long​ run?
    15·1 answer
  • Bawl purchased ABC bonds on 1/1/21. Data regarding these available-for-sale securities follow: Cost MV December 31, 2021 $100,00
    5·1 answer
  • Harriet and Harry Combs (both 37 years old) are married and both want to contribute to a Roth IRA. In 2019, their AGI before any
    8·1 answer
  • True or false: a firm with a capital structure containing 70% retained earnings has a marginal cost of capital of $50,000. This
    5·1 answer
  • A sum of $46875 was lent out at simple interest and at the end of 1 year 8 months, the total amount was $50000. Find the rate of
    5·1 answer
  • A company makes $200,000 in a year and has $150,000 in production costs, leaving them with $50,000. The $200,000 represents
    6·1 answer
  • When you market Medicare Advantage and Part D plans, what may you offer as a gift to induce enrollment in a plan
    11·1 answer
  • enterprise project management software is also known as a tool of project management software.low-end mid range high-end baselin
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!