Under the Federal Unemployment Tax Act, employers are exempted from paying unemployment taxes

Which statement reflects a recognition of contingencies?

A) "Customer Service is Job 1." B) "Our company policies ensure that every employee is treated equitably." C) "Our aim is to have the best benefits package in the nation." D) "We pay labourers by the hour and machinists with a piece rate system." E) "After months of study we finally decided to go with a state-of-the-art management information system."

MVB Inc.obtains a return of 9.8% from assets worth $248.5 million. Calculate its net profit

A) $105.9 million B) $36.8 million C) $24.3 million D) $76.2 million E) $60.4 million