The fiesta royale corporation payroll for the first week in january was $14,000. the amount of income tax withheld was 20 percent and the fica, state unemployment, and federal unemployment tax rates were 8 percent, 5 percent, and 1 percent, respectively. the amount of the employees' withholding taxes

a. $4,760.b. $3,920.c. $2,800.d. $5,100.

Michigan mattress company is considering the purchase of land and the construction of a new plant. the land, which would be bought immediately (at t = 0), has a cost of $100,000 and the building, which would be erected at the end of the first year (t = 1), would cost $500,000. it is estimated that the firm's afterminustax cash flow will increase by $100,000 starting at the end of the second year, and that this incremental flow would increase at a 10 percent rate annually over the next 10 years. what is the approximate payback period?

Casey communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. this action had no effect on the company's total assets or operating income. which of the following effects would occur as a result of this action? a. the company's current ratio increased.b. the company's times interest earned ratio decreased.c. the company's basic earning power ratio increased.d. the company's equity multiplier increased.e. the company's debt ratio increased.

Which activity is not allowed in a 3 compartment sink