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Title: If the shipping terms are FOB shipping point, the seller has to pay for freight costs. (True or false?) Post by: ebonyadams on Feb 22, 2018 If the shipping terms are FOB shipping point, the seller has to pay for freight costs.
Indicate whether the statement is true or false (Q. 2) What is the amount of the inventory at the end of the year rounded to nearest dollar using the average costmethod? a. 1,685 b. 1,575 c. 1,805 d. 3,705 (Q. 3) In December 2011, Homer Simpson worked for Springfield Power and earned 5,000. Federal income tax withholding is 15. The FICA rate is 6.2 and the Medicare tax is 1.45. How much cash will Springfield Power pay the government for Medicare tax because of Homer's December earnings? A) 72.50 B) 145 C) 620 D) 310 (Q. 4) Data encryption is a process that codes data to make it readable to human eye. Indicate whether the statement is true or false (Q. 5) On December 31, IOU Corporation issued 100,000 of 10-year, 8 bonds at 98. The bonds pay interest annually on December 31. These bonds sold at ________. A) a premium B) a discount C) par D) The answer cannot be determined from the information given. (Q. 6) The FUTA tax applies to all employee earnings throughout the year. a. True b. False Indicate whether the statement is true or false Title: If the shipping terms are FOB shipping point, the seller has to pay for freight costs. (True or false?) Post by: mayyyy on Feb 22, 2018 |