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Using the following information:
The regression analysis can be summarized as follows:
Interest-bearing Note
A debt instrument that obligates the borrower to pay interest in addition to repaying the principal amount borrowed.
Journal Entry
The process of recording financial transactions in the ledger of a business, indicating debits and credits.
FICA Tax
A federal tax in the United States that funds Social Security and Medicare, required to be paid by both employees and employers.
Federal Unemployment Tax
A federal levy paid by employers to fund the unemployment account of the federal government, used to pay unemployment benefits to workers who have lost jobs.
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