If the rent on an apartment is $600.00 per month, which is equal to a mortgage payment on a house, how much additional tax savings will you realize if $200.00 of the monthly mortgage payment is interest and your tax bracket is 25 percent?
A. $600.00
B. $7,200.00
C. $50.00
D. $2,500.00
Answer: A. $600.00
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Based on the information in Scenario C, which of the following outcomes would you most expect if business drops off dramatically for Hank Corp.?
A. Vito would lay off most of his workforce. B. The members of the entire company would agree that they should each cut their hours by 15 percent so that no one is laid off. C. Vito would sell the company and move to New Jersey. D. The members of the company would go on strike. E. Vito would charge more for the consulting services so that he can make ends meet.
Human resources executive Sarah says, "I finally have a seat at the table." She most likely is implying that
a. she is allowed into the executive dining room. b. her work is tied in with company business strategy. c. she no longer has to stand in the back of the room during meetings. d. she will be allowed to negotiate with the labor union.