Given the following parameters:
The employer pays the employee (gross earnings) – $1,200
The employer pays for social security and medicare taxes – $91.80
The employer pays for the Federal
Unemployment Tax Act (FUTA) – $9.60
The employer pays for the State
Unemployment Tax Act (SUTA) – $64.80
The total cost of this employee to the employer is the summation of all these costs
1,200 + 91.80 + 9.60 + 64.80 = $1366.20
Answer:
The Company must borrow $5400
Explanation:
To calcualte the amount rewquired to be borrowed, we first need to calculate the cash shortage from the minimum cash requirement.
The cash at the end of the August will be,
Cash at the end = 18300 + 123400 - 137100 = $4600
The minimum requirement is $10000.
The shortage of cash is = 10000 - 4600 = $5400
Thus, the Company must borrow $5400
Answer:
Deceptive sales technique
Explanation:
Based on the information provided within the question it can be said that what the salesperson did in this scenario is an example of a Deceptive sales technique. This term refers to when a salesperson pushes a product or service on a customer with high-pressure by appealing to that individuals potential fears, greed, or vanity in order to convince them on purchasing the product. Exactly what the salesperson did to Jordan.
The answer to this is absolutely none of these
