Answer: False
Explanation:
The statement that "BMW and United Airlines cannot be considered in the same industry analysis because they compete in different industries" is wrong.
It should be noted that both of them are in the mobility industry. The mobility industry refers to the industry which covers the broad range of the organisations which provide products and services thar are used to support domestic and international relocations and assignments.
Available Options Are:
a) higher sensitivity to changes in the interest rate, or
b) lower sensitivity to changes in the interest rate
Answer:
Option A. Higher sensitivity to changes in the interest rate
Explanation:
The reason is that the tax cut will encourage foreign investment and this increase in Foreign Investment will increase the GDP but by small amount. However, the higher interest rate in an economy always raises additional money in an economy which companies invest to purchase the new GDP. Thus the GDP growth is highly sensitive to changes in interest rate.
<span>A. Connecticut Community College</span>
Answer:
employer payroll taxes:
- FICA taxes (social security and medicare) = $39,325 ⇒ employer's FICA taxes are identical to the withheld FICA taxes from employees
- unemployment taxes = $3,825
- total = $39,325 + $3,825 = $43,150
1) total labor cost = total wages + total employer payroll taxes = $550,000 + $43,150 = $593,150
2)
March 31, wages and salaries
Dr Wage expense 550,000
Cr Cash 459,800
Cr Federal income tax withholding payable 50,875
Cr FICA taxes withholding payable (employees) 39,325
3)
March 31, employer payroll taxes
Dr FICA taxes expense 39,325
Dr Unemployment tax expense 3,825
Cr FICA taxes payable 39,325
Cr Unemployment taxes payable 3,825
