Karen Bartlett was given a generic version of Sulindac, an anti-inflammatory drug. The result was that she developed toxic epidermal necrolysis, a disease that disfigured and blinded her. She brought suit alleging that there were warnings that should have been put on the generic version of the drug because issues with the skin infections were being reported. However, the manufacturer to Sulindac did not have FDA approval to place the warning on the product. The jury awarded Ms. Bartlett $21 million, and the generic manufacturer appealed the decision. Which of the following theories would be the best approach for the generic manufacturer to take in order to have the verdict reversed?
a. the commerce clause
b. substantive due process
c. preemption
d. due process because of the excessive size of the verdict
Answers
Answer:
option c: Preemption
Explanation:
preemption can simply be defined as the rule of law that proclaims the federal law and the constitution as the supreme law in all the land so therefore if there is a case whereby there is a conflict between a federal and a state law, the federal law will be in absolute control and this will render the state law to be void.
there are two primary occasion that will warrant preemption they are where clearly, federal law preempts state or local law, and also where preemption is implied. different kind of preemption can also be said to be express preemption, implied preemption, field preemption, conflict preemption and frustration of purpose preemption.
Related Questions
Mr. And mrs. Wallace have decided to buy a car for $21,600. They will finance $15,000 of it with a 5-year auto loan at 2. 9% apr. What will their monthly payment be?.
Answers
The monthly payment of Mr and Mrs Wallace if they finance with an auto loan that is 2.9%apr would be given as 275.71
How to solve for the monthly paymentTo calculate the monthly payment for a loan, we need to use the following formula:
Monthly Payment = (P * r) / (1 - (1 + r)^(-n))
where:
P = the principal amount borrowed (in this case, $15,000)
r = the monthly interest rate (which is the annual interest rate divided by 12)
n = the total number of payments (which is the number of years times 12)
First, we need to calculate the monthly interest rate:
Monthly interest rate = Annual interest rate / 12
Monthly interest rate = 2.9% / 12
Monthly interest rate = 0.0024166667
Next, we need to calculate the total number of payments:
Total number of payments = Number of years * 12
Total number of payments = 5 * 12
Total number of payments = 60
Now, we can plug these values into the formula:
Monthly Payment = (P * r) / (1 - (1 + r)^(-n))
Monthly Payment = (15000 * 0.0024166667) / (1 - (1 + 0.0024166667)^(-60))
Monthly Payment = 275.71
Therefore, Mr. and Mrs. Wallace's monthly payment for their auto loan will be $275.71.
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Hi,
I lead the Customer Support Team for the magazines category. Customer questions for one vendor have increased since the start of the promotional campaign. The campaign ended two months ago, but we are still getting many questions.
Can you help us understand why? The vendor’s performance metrics are below.
Thank you,
Carlos Henderson
Answers
Customer questions for one vendor have increased with the promotional campaign because it doesn't meet the customer satisfaction in terms of :
product satisfactionQualityCommitment to feedbackWhy do companies get so much question after promotional campaign ?Promotional campaign were to sensitize the potential customer about a particular product from a company so as to attract them to make a purchase.
However, this campaign should be able to tell more about the product up to some extent that they will get convinced about the product, failure of this will make the potential customer to inquire more out of doubt about the product and this will show in the Vendor performance metrics.
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Gross domestic product (GDP) is the value of goods and services produced in a country annually.
It can best be described as measuring an economy’s
total product.
total demand.
total input.
total output.
Need Help, ASAP!!!
Answers
Explanation:
Gross domestic product (GDP) is the value of goods and services produced in a country annually.
It can best be described as measuring an economy’s
total product.
total demand.
total input.
total output.
Need Help, ASAP!!!
help this stupid fool
what is true of the m1 category of money
Answers
It can be easily liquidated. All types of money sup-plies that include coin, currency, drafts, travelers che-q-ues and negotiable order of with-drawal (NOW) accounts fall within the M1 cate-gory of money.
These types of money sup-plies are either cash or can be easily con-verted to cash. Contrast-ingly, the M2 and M3 cate-gory of money supplies may not be easily con-verted into cash.
M1 is the money supply that is com-posed of currency, demand deposits, other liquid deposits—which incl-udes savings deposits. M1 includes the most liquid port-ions of the money supply because it cont-ains currency and assets that either are or can be qui-ckly conv-erted to cash.
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Assume there is a recessionary gap of $200 billion, and that the government has decided to engage in expansionary fiscal policy to eliminate this recessionary gap.
How much must the government spend to get the economy to the long-run equilibrium if the marginal propensity to consume is 0.5? PLEASE ANSWER IN BILLONS
$
billion
Answers
The government spend 40 billion Multiplier = 1/(1-MPC) to get the economy to the long-run equilibrium if the marginal propensity to consume is 0.5.
What is Long Run Equilibrium?
Long Run Equilibrium is a theoretical concept in economics in which all markets are in equilibrium, and all prices and quantities have fully adjusted. It is achieved when a firm adjusts its plant/s to produce output at the minimum point of their long-run Average Cost (AC) curve, which is tangential to the market price defined demand curve. Under conditions of perfect competition, this MR curve is perpendicular to the X-Axis, resulting in a firm achieving equilibrium.
Thus, in order to keep the economy in long run equilibrium, the government has to spend 40 billion.
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A promoter encourages recruitment of new participants to say profits to earlier investors in a scam
Answers
a technologist performing an antibody identification in the blood bank has recorded the following results found in the worksheet below. which antibody(ies) listed below cannot be ruled out? please select the single best answer anti-n, anti-c, anti-c anti-c, anti-k, anti-e anti-k, anti-e, anti-c anti-e, anti-n, anti-k
Answers
Anti-c, anti-k, anti-e cannot be ruled out from performing an antibody identification in the blood bank because of Agglutination
Antibody detection and identification proof are performed by testing patient serum or plasma with reagent red cells. Agglutination or hemolysis shows sharpening of the reagent red cells by a surprising neutralizer in the patient's serum. The reagent red cells accompany an antigram or antigen profile sheet. The antigram shows the aggregate of every reagent cell utilized.
Neutralizer recognition is performed utilizing an immunizer screening test. A neutralizer screen comprises of 2 or 3 gathering O reagent red cells with known antigen aggregates. A positive immune response screen implies that a surprising immunizer is available in the patient's serum.
On the off chance that the counter acting agent screen is positive, the neutralizer should be distinguished by playing out an immune response board. A board comprises of 10 to 20 gathering O reagent red cells with known phenotypes.
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A successful data-driven market segmentation program depends on each of the following except:
a.
the rejection of tradiitional marketing research techniques
b.
the use of transactional and event data
c.
a common definition of market segments across all areas of the business
d.
developing a centralized and accessible CRM (Customer Relationship Management) database
Answers
A successful data-driven market segmentation program depends on the "use of transactional and event data", "a common definition of market segments", "and the development of a centralized CRM database" but it does not depend on "the rejection of tradiitional marketing research techniques".
The correct option to the given question is option a.
Traditional marketing research techniques, such as surveys, focus groups, and interviews, have long been used to gather insights about consumer behavior and preferences. While these techniques may have limitations, they still play a valuable role in understanding customer motivations and attitudes. Data-driven market segmentation programs can benefit from a combination of both traditional and data-driven research approaches. The use of transactional and event data is crucial for a data-driven market segmentation program. This type of data provides valuable information about customer behaviors, purchase patterns, and interactions with the business.
Having a common definition of market segments across all areas of the business ensures consistency and alignment in marketing efforts. This allows for targeted and personalized messaging that resonates with each segment. It also facilitates coordination between different departments, such as marketing, sales, and customer service, leading to a more cohesive and effective customer experience.
Finally, developing a centralized and accessible CRM database is essential for managing and analyzing customer data. It enables the integration of data from various sources, such as transactions, interactions, and demographic information, into a single platform. This centralized database provides a comprehensive view of customers, enabling more accurate segmentation and personalized marketing initiatives.
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Question 7 of 10
If you borrow $2,000 at 5 percent simple interest, how much will you owe
after one year?
A. You will owe 5 percent of the principal only.
OB. You will owe the principal of $2,000 only.
C. You will owe the principal of $2,000 plus 5 percent of the principal.
D. You will owe the principal of $2,000 minus 5 percent of the
principal.
Answers
You will owe the principal of $2,000 plus 5 percent of the principal.The correct answer to this question is C.
Simple interest is calculated by multiplying the principal by the interest rate and the time period. In this case, the principal is $2,000 and the interest rate is 5 percent. After one year, the interest accrued would be $100 (5% of $2,000).
Therefore, the total amount owed after one year would be $2,100 ($2,000 principal + $100 interest). It is important to note that simple interest is calculated only on the principal amount borrowed, and not on any interest that has already accrued.
Additionally, the interest rate is usually expressed as an annual rate, so it is important to adjust the time period accordingly if the loan term is less than one year. The correct answer to this question is C.
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Question 1 (1 point)
Which examples are of financial goals? (Select three answers.)
Lanelle wants to become her school's class president.
Martina wants a part-time job that will earn enough money for the maintenance
on her car.
Caleb wants to get good enough at playing the piano to win the talent show
competition.
Dante wants to save up for a new stereo.
Tyrell wants his photos to be displayed at an art gallery.
Chelsea wants to be able to afford her own apartment.
Answers
The three examples that are of financial goals include the following:
B. Martina wants a part-time job that will earn enough money for the maintenance on her car.
D. Dante wants to save up for a new stereo.
F. Chelsea wants to be able to afford her own apartment.
What is a goal?In Business management, a goal can be defined as an outcome statement and strategic objectives that defines what an individual or a group of people (team members) hope to successfully achieve (accomplish) in the future i.e over a specific period of time.
This ultimately implies that, a goal is simply a futuristic idea, an objective, or desired result that an individual envision, plan, and commit to achieve over a specific period of time.
In this context, we can reasonably infer and logically deduce that a financial goal is mainly or primarily tied to money, especially earnings and savings.
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Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's June bank statement shows a $20,361 balance in the bank. Ryan's comparison of the bank statement to its cash account revealed the following: Deposit in transit 1,850 Outstanding checks 945 Additionally, a $37 check written and recorded by the company was incorrectly recorded by the bank as a $73 deduction. The adjusted cash balance per the bank records should be:
Answers
Answer:
Bank Statement Balance = $20361
Deposit In Transit. = $1850
Outstanding Checks. = $945
Additional Check. = $73-$36
Adjusted Cash Balance. = $23193
Meghan, a calendar year taxpayer, is the owner of a sole proprietorship that uses the cash method. On February 1, 2020, she leases an office building to use in her business for $157,350 for an 18-month period. To obtain this favorable lease rate, she pays the $157,350 at the inception of the lease.
How much rent expense may Maud deduct on her 2020 tax return? Round any calculations to two decimal places and round the final answer to the nearest dollar.
$
Answers
Answer:
Meghan Sole Proprietorship
The rent expense that Meghan may deduct on her 2020 tax return is:
= $96,158.
Explanation:
a) Data and Calculations:
February 1, 2020: Rent Expenses $157,350 Cash $157,350
Rent Expenses for 2020 = $157,350 * 11/18 = $96,158
b) The actual cash payment for rent should be prorated to the months in 2020 for which the rent was consumed. This gives 11 months (from February 1, 2020 to December 31, 2020).
Assume you receive a 3.5% raise in your 2014 salary for 2015. In addition, suppose the CPI was 238 in 2014 and 240 in 2015. Your real wage in 2014 ____.a) increasedb) decreasedc) stayed the samed) it cannot be determined with the given information.
Answers
Answer: a. increased
Explanation:
Inflation rate = (CPI of second year - CPI of the first year ) / CPI of the first year
= (240 - 238) / 238
= 0.84%
Your wage increased by 3.5% which is more than inflation so your real wage increased by;
= 3.5 - 0.84
= 2.66%
In repetitive operations it is often possible to automatically check for quality and then reject parts that are unacceptable.
Answers
The owner of land owes which of the following duties to a trespasser? *
to refrain from doing the trespasser intentional harm
to warn them of known dangers
to conduct reasonable searches for dangers
all of the above
Answers
Answer:
All of the above
hope it helped you
What are the differences between a hotel and a motel?
Answers
Answer:
The difference is that hotels have more rooms and floors so more people can fit. But motels have fewer floors and rooms.
A hotel generally has more employees of various types than a motel does.
Size:
Hotels often contain several floors with rooms that total in the hundreds. Motels often only have one or two floors with fewer rooms.
Services:
Hotels often have a wide range of services that motels don’t offer such as a cocktail lounge, room services, on-site recreation, indoor swimming pool, and spa services like masseuse and hot tubs. However, a motel may offer a pool or bed-and-breakfast.
Price:
The price range for both hotels and motels vary largely based on accommodations and location. Though this isn’t always the case, a motel will generally be cheaper than a hotel in the same location.
What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answers
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
6. Comparative advantage is when A. B. C. D.
A. one person can produce more of a good than another person.
B. one person can produce a good at a lower opportunity cost than another person.
C. Two parties can complete a task equally well.
D. one person can produce a good at a higher opportunity cost than another person.
Answers
B. one person can produce a good at a lower opportunity cost than another person.
Comparative advantage is a concept in economics that refers to the ability of a person, firm, or country to produce a good or service at a lower opportunity cost than another. Opportunity cost is the cost of forgoing an alternative opportunity in order to pursue a particular action. Hence, the correct option will be B: one person can produce a good at a lower opportunity cost than another person.
For example, let's say Person A can produce 10 units of product X or 5 units of product Y in one hour, while Person B can produce 8 units of product X or 4 units of product Y in one hour. Person A has an absolute advantage in producing both X and Y, as they can produce more of each product than Person B. However, Person B has a comparative advantage in producing product Y, as they can produce it at a lower opportunity cost than Person A, since they have to give up less of their production of product X to produce product Y.
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To help audiences understand large amounts of information, which visuals are the most suitable?
Answers
different between isoquant and isocost
For a corporation, direct investment from owners occurs when:
Answers
For a corporation, direct investment from owners occurs when there is an influx of capital to get equity shares
A corporation is an institution or organization that is made up of a group of people who come together and act as a single entity.
When there is a direct investment from owners of a corporation, then this means that there is an influx of capital to buy equity shares.
There are different ways of making a direct investment such as:
Buying sharesOpening a company in another country, etcTherefore, when a corporation makes a direct investment, then they are buying equity shares
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The following transactions occurred during April 2021 at the Kanthere, a retailer selling headphones. For the selected transactions below, show the amount and impact (increase or decrease) on the accounting equation below. If a transaction impacts the income statement, indicate in the description column the specific income statement line item.
Transaction
1 Purchased a delivery truck for $90,000 that will be used for 4 years. The truck doesn’t have a salvage value.
2 Sold a $100 gift card to a customer for cash.
3 Paid rent for the month of $10,000.
4 Purchased 20 headphones at $30 each on account. Payment is due in 45 days.
5 Sold 4 headphones for $70 each on account.
Answers
Answer:
Assets = Liabilities + Stockholders’ Equity = -$6,500
Explanation:
Note: See the attached excel file for recording of the impact (increase or decrease) of April 2021 transactions on the accounting equation.
From the attached excel file, we can obtain the following:
Assets = Total assets = -$99,900 + $90,000 + $600 + $2,800 = -$6,500
Liabilities = Total liabilities = $600
Stockholders’ Equity = Total Stockholders’ Equity = -$7,100
Liabilities + Stockholders’ Equity = $600 - $7,100 = -$6,500
Therefore, the accounting equation holds as follows:
Assets = Liabilities + Stockholders’ Equity = -$6,500
Create Transactions, a Deposit and a Report
In this exercise, you will create all the transactions for April 8, 2026, and then create a bank deposit and
report.
1. Use this information to create the appropriate transactions:
• Esther Green paid her outstanding invoice with cheque #598.
• Roy Fisher decided to hire Melanie for the custom flower design for $550 and wants to be
invoiced; Melanie reminds you apply the credit.
• Karuna Ramachandran pays both of her outstanding invoices with debit.
• One of the birthday vases Sharon McColl bought in February had a crack, so Melanie wants to
create and apply a credit memo of $25, plus HST, before she pays her invoice. Sharon then pays
the new balance with cash.
Hint: Once you create the credit, it may apply automatically depending on your settings.
• Mary Beth Dunham made a recommendation to a friend of hers to hire Melanie for their
wedding. Melanie tells Mary Beth that if her friend hires her, Melanie will give Mary Beth $75
as a credit on her next invoice for the wedding arrangements. Enter the delayed credit on Mary
Beth’s account for Sharon’s wedding.
2. Melanie will take the cheques from today’s sales and all cash received to the bank and deposit
them. You will need to record a bank deposit for those items and any debit card payments that
were also received up through April 8 (the deposit amount should be $2,570.75). Then, run an
Open Invoices report and an Unbilled Charges report for all dates.
3. Export both reports to Excel and save to your Chapter 04 folder as: CH04 Open Invoices
and CH04 Unbilled Charges 2
Answers
Using QuickBooks Online, you must begin by clicking the " Receive Payments " option. Intuit created and sells the accounting software suite known as QuickBooks.
How can transactions be created in QuickBooks?
The procedures listed below can be used to create transactions on QuickBooks Online based on transactions that have already occurred:
Choose "Receive Payment" by clicking the "+" button in the dashboard's upper right corner.
Choose "Esther Green" as the client, and then enter the sum paid as the invoice's unpaid balance. Choose "Cheque" as the payment option and input the 598-digit check number. Transaction saved.
Choose "Invoice" by clicking on the "+" symbol once again. Choose "Roy Fisher" as the client and type $550 as the balance owed. Choose Melanie's unique floral design service in the products/services area to apply the credit of $25 + GST to the bill. Transaction saved.
Refresh your browser and choose "Receive Payment" from the "+" menu. Choose "Karuna Ramachandran" as the client and input the sum owed for the two unpaid bills. Choose "Debit" as the mode of payment, then save the deal.
Choose "Credit Note" by clicking on the "+" button once again. Choose "Sharon McColl" as the customer, then input a credit amount of $25 + GST. Save the transaction and apply the credit to the birthday vase invoice.
Refresh your browser and choose "Receive Payment" from the "+" menu. When the credit has been applied, choose "Sharon McColl" as the client and input the new balance. Choose "Cash" as the mode of payment, then save the deal.
Click the "+" symbol and choose "Bank Deposit" to make a deposit. Choose the payments made by Karuna Ramachandran, Sharon McColl, and Esther Green as the deposit items, then save the transaction.
Go to the Reports tab on the left-side menu and choose "Profit and Loss" to create a report. Run the report with April 8, 2026 as the date range.
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What kind of warranty is often offered not through the manufacturer but instead through a third party? a. manufacturer’s warranty b. extended warranty c. full warranty d. limited warranty Please select the best answer from the choices provided
Answers
Answer:
The correct answer is B.
Explanation:
I just took the test, and B is correct.
An extended warranty is often offered by a third party instead of a manufacturer. The correct option is b.
What do you understand about an extended warranty?An extended warranty or service agreement is a prolonged warranty offered to customers in addition to the standard warranty on new items. This kind of warranty can be offered by the warranty administrator, the retailer or the manufacturer.
Extended warranties cost extra and for a percentage of the item's retail price. Occasionally some extended warranties that are purchased for multiple years state in writing that during the first year the consumer must still deal with the manufacturer in the occurrence of malfunction.
There are certain terms and conditions in extended warranty which may not match the original terms and conditions. For instance, these may not cover anything other than mechanical failure from normal usage.
Some common examples of extended warranties are automobiles and electronics.
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V. Wheat is the main input in the production of flour. If the price of wheat decreases, then we would expect:
1. Demand for flour to increase
2. Demand for flour to decrease.
3. Supply of flour to increase.
4. supply of flour to decrease
Answers
Answer:
3. Supply of flour to increase.
Explanation:
The situation above is showing a direct proportional relationship between the "wheat," as a main ingredient of flour, and the flour itself.
If the price of wheat decreases, suppliers will be interested in buying more of it in order to produce more quantities of flour at a lower cost because it will more likely lead to a higher profit. This will, therefore, increase the supply of flour in the market.
On March 1, Warwick’s Co., a women’s clothing store, purchased $72,900 of merchandise from a supplier on account, terms FOB destination, 2/10, n/30. On March 5, Warwick’s returned $8,200 of the merchandise, receiving a credit memo, and then paid the amount due on March 9, within the discount period. Journalize Warwick’s entries to record (a) the purchase, (b) the merchandise return, and (c) the payment. Refer to the Chart of Accounts for exact wording of account titles.
Answers
Answer and Explanation:
The Journal entries are shown below:-
1. Merchandise inventory Dr, $72,900
To Accounts payable $72,900
(Being purchase is recorded)
Here we debited the Merchandise inventory as assets is increasing and we credited the Accounts payable as liabilities is also increasing.
2. Accounts payable Dr, $8,036 ($8,200 - ($8,200 - 2%)
To Merchandise inventory $8,036
(Being merchandise return is recorded)
Here we debited the accounts payable as liabilities is decreasing and we credited the Merchandise inventory as assets is decreasing.
3. Accounts payable Dr, $64,864 ($72,900 - $8,036)
To Cash $64,864
(Being payment is recorded)
Here we debited the accounts payable as liabilities is decreasing and we credited the cash as assets is decreasing.
If you had a million dollars what would you buy and why? 2 sentences please!!
Answers
Question 10 of 20
When wili the U.S. Armed Forces provide financial aid?
A. Before, during, and after your service
OB. During and after your service
OC. Before and after your service
D. After you have served two years
Answers
The U.S. Armed Forces will provide financial aid during and after your service. The Option D is correct.
When will U.S. Armed Forces provide financial aid?The Forces offer financial aid during and after your service. This support is available to servicemembers throughout their military career and extends into their transition back to civilian life.
During service, the financial assistance may come in the form of various benefits including housing allowances, educational benefits such as the GI Bill and health care coverage. After completing their service, veterans may be eligible for additional financial aid programs like VA home loans, disability benefits etc.
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If Amelia would like to double her money in twelve years, how much interest does she need to earn O 12 percent O 16.6 percent O 6 percent 10 percent
Answers
Out of the given answer choices, the interest rate that Amelia needs to earn to double her money in twelve years is 16.6 percent.
To find out how much interest Amelia needs to earn to double her money in twelve years, we need to use the compound interest formula.
This formula is used to determine the future value of an investment based on the principal, the interest rate, the number of compounding periods, and the time involved.
The formula is as follows: FV = PV x (1 + r/n)^(n*t)where FV = future value, PV = present value (the amount of money Amelia currently has), r = annual interest rate, n = number of times the interest is compounded per year, and t = time in years.
To double her money, Amelia needs to have a future value that is twice her present value. Therefore, we can set FV = 2PV and solve for r.
2PV = PV x (1 + r/n)^(n*t)Dividing both sides by PV, we get:2 = (1 + r/n)^(n*t)
Taking the natural logarithm of both sides, we get: ln(2) = ln[(1 + r/n)^(n*t)]
Using the power rule of logarithms, we can simplify the right side of the equation to ln(2) = (n*t) ln(1 + r/n)
Dividing both sides by (n*t), we get:ln(2) / (n*t) = ln(1 + r/n)
Finally, we can solve for r by raising both sides as the power of e: e^(ln(2) / (n*t)) = 1 + r/n
Subtracting 1 from both sides and multiplying by n, we get:r = n x (e^(ln(2) / (n*t)) - 1)
Plugging in the values given, we get:r = n x (e^(ln(2) / (n*12)) - 1)
We don't know the value of n, so we can try each of the answer choices to see which one gives us a value of r that works.
Using a financial calculator or a spreadsheet program like Excel, we can calculate the values of r for each interest rate.
Using 12 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0956 or 9.56 percent
Using 16.6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.1407 or 14.07 percent
Using 6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0488 or 4.88 percent
Using 10 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0794 or 7.94 percent
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According to a summary of the payroll of Mountain Streaming Co., $110,000 was subject to the 6.0% social security tax and the 1.5% Medicare tax. Also, $25,000 was subject to state and federal unemployment taxes. a. Calculate the employer's payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.8%. $ b. Journalize the entry to record the accrual of payroll taxes. If an amount box does not require an entry, leave it blank.
Answers
Answer:
a. Calculate the employer's payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.8%.
$9,800b. Journalize the entry to record the accrual of payroll taxes. If an amount box does not require an entry, leave it blank.
Dr FICA Social Security expense 6,600Dr FICA Medicare expense 1,650Dr Federal unemployment tax expense 200Dr State unemployment tax expense 1,350 Cr FICA Social Security payable 6,600 Cr FICA Medicare payable 1,650 Cr Federal unemployment tax payable 200 Cr State unemployment tax payable 1,350Explanation:
payroll taxes should be:
social security $110,000 x 6% = $6,600
Medicare $110,000 x 1.5% = $1,650
federal unemployment $25,000 x 0.8% = $200
state unemployment $25,000 x 5.4% = $1,350
total = $9,800
Both employees and employers must pay equal amounts of FICA taxes (social security and medicare), but only employees pay unemployment taxes.
You want to start a Business, but you are unaware about the Business risk. Analyze the factors that cause Business risks.
Answers
Answer:
Business risks can be caused by a variety of factors, including economic conditions, market fluctuations, regulatory changes, and natural disasters. It's important to understand these risks before starting a business so that you can take appropriate measures to mitigate them.
Explanation:
The business , u gotta pay the workers