Author Question: If an employer wishes, the FUTA tax may be deducted from employees' earnings. a. True b. False ... (Read 99 times)

shofmannx20

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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

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Answer to Question 1

False

Answer to Question 2

A



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