Answer:
$63.70
Explanation:
The computation of the total employer payroll tax expense is shown below:
But before that we need to determine the gross salary which is shown below:
= 40 hours × $10 + 8 hours × $15
= $400 + $120
= $520
Now the total payroll tax expense is
= Gross salary × (social security and Medicare tax rate + federal tax + state unemployment tax rates)
= $520 × (7.65% + 0.8% + 3.8%)
= $63.70
Answer:
a. its average cost is greater than its marginal cost
Explanation:
Answer: The correct option is "c.exercising an in-the-money put option".
Explanation: If you consider the equity of a firm to be an option on the firm’s assets then the act of paying off debt is comparable to <u>exercising an in-the-money put option</u> on the assets of the firm.
because he would be paying the debt with the participation in the equity of the company.