Answer:
C. Are readily converted to a known cash amount.
Explanation:
Highly liquid short term assets are those which are ready available for conversion into cash. These are also called Liquid assets. Highly liquid investment are made for short term investment interest revenues.
Answer:
The amount the employer should record as payroll taxes expense for the employee for the month of January is $695.75
Explanation:
According to the given, The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 4.4%.
The remainder are taken out of the employees' checks as part of their responsibility.
Therefore, to calculate the amount the employer should record as payroll taxes expense for the employee for the month of January we would have to make the following calculation:
Total payroll expense=($5,500 x 0.062)
+ ($5,500 x 0.0145)
+($5,500 x 0.006)
+($5,500 x 0.044)
Total payroll expense=$695.75
The amount the employer should record as payroll taxes expense for the employee for the month of January is $695.75
when the nation went through a deep recession in the early 1980s and 2007-2009, the unemployment rate reached A. 10%.
<h3>what was the unemployment rate in 2007-2009?</h3>
after the disastrous Great Recession started in late 2007, companies were forced to terminate people's contracts to stay afloat.
this led to unemployment reaching levels of around 10% of the labor force. This had not been seen in the U.S. since the early 1980s.
options for this question include:
A. 10%. B. 20%. C. 30%. D. 40%.
find out more on the recession of 2008 at
#SPJ1
Answer:
The straight-line depreciation method and the double-declining-balance depreciation method:
Produce the same total depreciation over an asset's useful life.
Explanation:
The straight-line and the double-declining-balance depreciation methods are two of the four depreciation methods allowed by US generally accepted accounting principles (GAAP). The other two methods are sum of the years' digit and units of production. The straight-line method is calculated by subtracting the salvage value from the asset's cost and either dividing the depreciable amount by the number of years or applying a fixed rate on the depreciable amount. For the double-declining-balance method, 100% is divided by the number of years of the asset's useful life and then multiplying by 2 to obtain the depreciation rate. Depreciation expense is then calculated on the declining balance until the salvage value is left. This is why they produce the same depreciation over the asset's useful life.
<span>The answer is C. research and content manager
Livebinder is a software allow you to categorize the data/information according to their own group criteria.
This will help research and content development process by making it easier by an organization to seek relevant data to answer a unique problem.</span>
