A Company That Starts Exporting Within Two Years of Start

question 8

Multiple Choice

A company that starts exporting within two years of start up is called:

• A) an innate exporter.
• B) fast.
• C) a jump-the-gun exporter.
• D) a trade visionary.

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Definitions:

Federal Income Tax

A financial duty enforced by the federal government on the yearly revenues of persons, corporations, trusts, and different legal organizations.

Gross Earnings

The total amount of money earned by an individual or business before any deductions or taxes are applied.

Net Pay

The amount of money that an employee takes home after all deductions, such as taxes and retirement contributions, have been subtracted from the gross salary.

FICA Tax

A U.S. federal tax that funds Social Security and Medicare, deducted from employees' paychecks and matched by employers.