« previous next »

Author Question: Since there is no maximum earnings on the Medicare component of the Social Security tax, the ... (Read 36 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
on: Jul 5, 2018
Since there is no maximum earnings on the Medicare component of the Social Security tax, the Medicare tax rate of 1.45 is applied to total earnings.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Positive financial leverage occurs when a company ________.
 
  A) has more current assets than current liabilities
  B) has a current ratio greater than 1.0 to 1
  C) earns more with the money it borrows than it has to pay to borrow that money
  D) has a high debt-to-equity ratio


SAUXC

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Interested in social reform, Harriet Martineau (1802–1876) turned to sociology, where she ... Interested in social reform, Harriet Martineau (1802–1876) turned to sociology, where she ...
Social and Environmental Effects of Tourism in the Andaman Islands Social and Environmental Effects of Tourism in the Andaman Islands
Jerry Uelsmann, Untitled (hands component). Jerry Uelsmann, Untitled (hands component).
A wastegate is used on the first-generation Duramax diesel to control maximum boost pressure. A wastegate is used on the first-generation Duramax diesel to control maximum boost pressure.
Social Development Social Development
Social Problems: A Critical Power-Conflict Perspective Social Problems: A Critical Power-Conflict Perspective
Video: Appendicitis Animation

For a complete list of videos, visit our video library