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Author Question: What does a low asset turnover compared to the industry imply? a. The investment in assets may be ... (Read 20 times)

kodithompson

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on: Jul 6, 2018
What does a low asset turnover compared to the industry imply?
 
  a. The investment in assets may be too high.
   b. Sales are higher than average.
   c.The investment in assets is too low.
   d. Net income is low relative to the investment in assets.

Question 2

Tom James has cumulative earnings of 6,825 and earned 750 during the current payroll period. The FUTA tax is 0.6, with a ceiling of 7,000 . What is the employers federal unemployment tax liability for the current payroll:
 a. 10.50
  b. 175.00
  c. 1.05
  d. 105.00


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1_Step_At_ATime

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Reply #1 on: Jul 6, 2018
Answer to Question 1

b

Answer to Question 2

C


kodithompson

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Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

sailorcrescent

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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