HEL compare how medicare taxes are paid by individuals who are employees to those who are self employed.

a) employees do not pay the medicare tax and the employer pays for both halves of the tax (2.9%) self employed individuals pay for both halves of the tax (2.9%)

b) employees pay half (1.45%) of the medicare tax while the employer pays the other half. self employed individuals pay for both halves of the tax (2.9%)

c) employees pay half (1.45%) of the medicare tax while the employer pays the other half. self employed individuals pay half (1.45%) of the medicare

d) employees pay for both halves of the tax (2.9%) and the employer does not pay the medicare tax. self employed individuals do not pay medicare tax

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):

Sole proprietorships produce more goods and services than does any other form of business organization.