This topic contains a solution. Click here to go to the answer

Author Question: What does a low asset turnover compared to the industry imply? a. The investment in assets may be ... (Read 48 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

1_Step_At_ATime

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

b

Answer to Question 2

C




kodithompson

  • Member
  • Posts: 566
Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review


dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

For a complete list of videos, visit our video library