1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fantom [35]
2 years ago
8

Since the FICA tax is split equally between employers and employees, we can conclude that the incidence of this tax is also equa

lly shared. a. True b. False
Business
1 answer:
shepuryov [24]2 years ago
4 0

Answer:

Since the FICA tax is split equally between employers and employees, we can conclude that the incidence of this tax is also equally shared.

a. True

Explanation:

The incidence of the FICA tax refers to the extent to which an individual employee or the employing organization suffers from the imposition of the FICA tax.  In the final analysis, the incidence may not be borne by the organization but consumers of its goods and services, depending on the elasticity of demand.  Employers and employees usually split the FICA tax equally.  The FICA (Federal Insurance Contribution Act) refers to the federally mandated tax for Social Security and Medicare.

You might be interested in
Countries A and B are exactly similar in terms of resources and technology. Still country A reported a higher growth rate than c
mihalych1998 [28]

Answer:

E) l and III

Explanation:

Country B may be having geometry population growth rate while country A is still growing her population in an arithmetic population growth rate.

Secondly, country may have weak institutions to manage her resources effectively and efficiently which literally means resources capacity utilization and planning is very poor, resources risks are not properly assessed and managed, problem of skills mismatch

Use of resources are not optimized.

7 0
2 years ago
A 30-unit income-producing property has a sales price of $9 million. Annual gross income is estimated at $750,000. What's the gr
Cloud [144]

Answer:

12

Explanation:

Given that,

Sales price = $9 million

Estimated annual gross income = $750,000

The gross income multiplier is defined as the ratio of sales price to its effective gross income.

Therefore, the gross income multiplier is calculated as follows:

= (Sales price ÷ Estimated annual gross income)

= $9,000,000 ÷ $750,000

= 12

8 0
3 years ago
Taylor has a retirement account that pays 4% per year compounded monthly. Every month for 20 years, Taylor deposits $444, with t
cupoosta [38]

Answer:

Taylor can withdrawn 1,374.20 dollars each month

Explanation:

Timeline:

deposits of 444 for 20 years =   withdrawals of X for 15 years

   <-----/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/---\\-\-\-\-\-\-\-\-\-\-\-\->

We must calcualte amount to satisfy:

future value of his deposits = present value of his withdrawals

   

We first need to get the future value of the retirement account

and then the PMT this fund can do.

<u>deposits future value:</u>

C \times \frac{(1+r)^{time} -1}{rate} = FV\\

C $ 444

time    240 (20 years x 12 months er year)

rate 0.003333333 ( 0.04 annual rate / 12 months = monthly rate)

444 \times \frac{(1+0.003333333)^{240} -1}{0.003333333} = FV\\

FV $162,847.9340

<u>withdrawals PMT:</u>

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $162,847.93

time 180

rate 0.005

162847.93 \div \frac{1-(1+0.005)^{-180} }{0.005} = C\\

C  $ 1,374.203

6 0
3 years ago
If you were to start a business delivering documents, you might need to purchase cell phones, bicycles, desks, and chairs. a. Th
Alex Ar [27]

Answer:

The answer is B.

Explanation:

Capital is what is used to start a business. It is what the owner's contribution in the business. In advanced class, it is called stock or equity. Capital is usually from the owner's savings. But if this money is borrowed either from an individual or a bank, the person is a borrower while the other party is the lender.

Option A is incorrect because money raised from someone makes the person borrowing a borrower and not a saver.

Option C and D are incorrect because the items needed for the business are not consumables, they are needed for the smooth running of the business, hence they are not consumption.

4 0
3 years ago
Which goal incorporates most of the criteria required for a SMART goal?
stellarik [79]

Answer:

E. Zeenat plans to become a kindergarten teacher, she has a part-time job to help finance her education and plans to obtain her graduate degree in education in three years.

Explanation:

SMART stands for SPECIFIC, MEASURABLE, ATTAINABLE, REALISTIC, TIME-HORIZON.

if look at the above answer, it has all the qualities of a SMART goal.

8 0
3 years ago
Read 2 more answers
Other questions:
  • A 3-year insurance policy costing $1,164 is taken out november 1, 1995. the property was sold on may 15, 1996, and the day of cl
    6·1 answer
  • Multiple Production Department Factory Overhead Rates The total factory overhead for Bardot Marine Company is budgeted for the y
    6·1 answer
  • As the production manager, Carlos prefers long production runs of thousands of units in order to drive down unit costs. Anita, t
    5·1 answer
  • Kendrick's job responsibilities have recently been changed as part of a decentralization effort taking place at his office. He h
    5·1 answer
  • Vice President Kim must tell Phuong that Phuong's employment ends within two weeks. The best channel of delivering this message
    11·1 answer
  • Coal Train Mines paid $435000 for the right to extract ore from a 225000​-ton mineral deposit. In addition to the purchase​ pric
    15·1 answer
  • The Equal Credit Opportunity Act prohibits which of the following? a. Basing the credit decision on unemployment. b. Basing the
    11·1 answer
  • HR is focused on issues directly related to a person's job and with things that happen at work, as opposed to concerns that may
    10·1 answer
  • The number of shares of a class of stock that are outstanding is: Multiple Choice the number of shares authorized minus the numb
    5·1 answer
  • Kim, Chris, and Beth are all partners in a cosmetics firm. Kim is leaving the partnership and wants to sell her shares of the bu
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!