If an employer wishes, the FUTA tax may be deducted from ...

[shofmannx20]

If an employer wishes, the FUTA tax may be deducted from employees' earnings.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

On June 30, 2011, Xanadu Corporation issued 200,000 of 10-year, 8 bonds at 99. The bonds pay interest semi-annually on June 30 and December 31. How much cash will bondholders receive on December 31, 2011, the first interest payment date?
 
  A) 8,000
  B) 4,000
  C) 7,840
  D) 16,000

[tjayeee]

Answer to Question 1

False

Answer to Question 2

A