« previous next »

Author Question: Since there is no maximum earnings on the Medicare component of the Social Security tax, the ... (Read 39 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?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

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?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

cell component cell component
The medical assisting profession offers many settings in which to pursue your career. Good communica The medical assisting profession offers many settings in which to pursue your career. Good communica
Moderate to high physical activity in PE classes is one component of a successful prevention effort ... Moderate to high physical activity in PE classes is one component of a successful prevention effort ...
Vienna: Social Structure and Social Interaction Vienna: Social Structure and Social Interaction
Social Media Dependency Activity Social Media Dependency Activity
Social Jetlag Social Jetlag
Video: Predator- prey competition and symbiosis

For a complete list of videos, visit our video library