Answer:
The answer is: B) FICA taxes withheld from employees' payroll checks should never be recorded as a liability since the employer will eventually remit the amounts withheld to the appropriate taxing authority.
Explanation:
FICA taxes (or payroll taxes) are based on an employee's salary. Both employees and employer pay FICA taxes for Social Security and Medicare. Employers withhold these taxes from their employees' paychecks, and then pays them to the Internal Revenue Service (IRS).
Answer:
A) Higher income taxes will cause a decrease in disposable income and this will affect personal expenditure which will cause the aggregate demand curve to shift leftwards ( decrease in price level and real GDP )
B)
i) Change in input price
ii) Change in production cost
iii) Increase in labor supply or increase in capital stocks
Explanation:
A) Effects of higher income taxes on aggregate demand curve
i) Higher income taxes will cause a decrease in disposable income and this will affect personal expenditure which will cause the aggregate demand curve to shift leftwards ( decrease in price level and real GDP )
B) The factors that will cause the short-run aggregate supply curve to shift
a) Change in input price
b) Change in production cost
c) Increase in labor supply or increase in capital stocks
<span>A.impulse
Hope this helps.</span>
Answer:
$10.08
Explanation:
First, find dividend per year;
D3 = 0.50
D4 = 0.50(1.35) = 0.675
D5 = 0.675 (1.35 ) = 0.9113
D6 = 0.9113 (1.07) = 0.9751
Next, find the present value of each dividend at 13% rate;
PV (of D3) = 0.50/(1.13^3) = 0.3465
PV (of D4) = 0.675/(1.13^4) = 0.4140
PV (of D5) = 0.9113/(1.13^5) = 0.4946
PV (of D6 )= 8.8209
Add the PVs to find the stock price;
= 0.3465 + 0.4140 + 0.4946 + 8.8209
= $10.08
Answer:
Indirect and fixed
Explanation:
Indirect costs are those cost which cannot be directly attributable to any product.
Fixed costs are those which remains the same in the period whatever the level of activity (production, sales etc.) is. It does not vary with the change in the activity level.
Supervisor salaries cannot be traceable directly to any specific product, so it is considered as the indirect cost. As the Salaries are fixed payments made on monthly or annually basis, So it is also classified as the fixed cost.
