Answer:
A. $6,200
Explanation:
We multiply the taxable wages by the tax rate of each tax.
FICA 80,000 x 7% = 5,600
Unemployment 20,000 x 3% = 600
This will be share of Cado in the payroll taxes. 6,200
The total taxes, would include the employee FICA. but we aren't asked for that. Just for the employee
Answer:
Explanation:
The situation that would shift the supply of Green Bay Packers football jerseys to the left is when the cost of the fabric used to make the jerseys increases.
A change in a supply is shown as a shift of the supply curve.
Factors that causes a shift in the supply curve include <u>prices of factors of production</u>, returns from alternative activities, technology, seller expectations, natural events, and the number of sellers.
In the scenario, the cost of the fabric used to make the jerseys increases and will cause suppliers to make less jerseys given that all other things remain constant because given the same amount of money they will only be able to buy fewer raw materials which will lead to making fewer jerseys
Answer:
The correct answer is the third option: Provides useful information that can serve as a basis for forecasting future performance.
Explanation:
To begin with, the name of "Financial Statement Analysis" refers to a process done by the managers of a company in the field of businesses that focus primarily in the observation of the financial accounts that the organizations has in order to be able to determine better decision so that they could earn better profits in the future avoiding mistakes previously done. Therefore that this type of analysis has the purpose of providing useful information for the managers so that they can establish better ways of acting and performing in the field.
Answer: Rarely if ever
Explanation:
In an economy resources are limited while human wants are unlimited. So resources must be used in a way that maximum consumer wants can be met efficiently. In an economy when resources are allocated efficiently it is rarely possible to make some else better off without making someone else worse off. That is it is rarely possible to increase performance of some without sacrificing on some other dimension.
Answer:
According to the sticky-wage theory, the economy is in a recession because the price level has declined so that real wages are too high, thus labor demand is too low.
According to the sticky-price theory, the economy is in a recession because not all prices adjust quickly.
According to the misperceptions theory, the economy is in a recession when the price level is below what is expected.
Explanation:
The above mentioned are the three theories of the upward slope of the short-run aggregate-supply curve.
