For the writer of in-the-money covered calls , losses on the options contract will be nullified by gains on the stock

The old age, survivors, and disability insurance component of FICA tax is imposed on the entire amount of an individual employee's earnings

Indicate whether the statement is true or false

Kalanja Designs, which produces earrings, is developing direct material standards. Each earring requires 0.52 kilograms of a special metal. The allowance for waste is 0.03 kilograms per earring

while the allowance for rejects is 0.02 kilograms per earring. What is the standard quantity of metal per earring? A) 0.52 kilograms B) 0.55 kilograms C) 0.57 kilograms D) 0.54 kilograms