In 1995,the Netscape Communications Corporation Caught the Imagination of Businesses

question 48

Multiple Choice

In 1995,the Netscape Communications Corporation caught the imagination of businesses with its release of Netscape ____.

• A) Pilot
• B) 3D
• C) Simulator
• D) Navigator

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Definitions:

FICA Taxes

Taxes imposed on both employees and employers to fund Social Security and Medicare programs, based on earned wages.

Withheld

Refers to the portion of an individual’s earnings that is not directly paid to the individual by the employer, because it is set aside for purposes such as tax payments.

Times Interest Earned Ratio

A financial metric used to determine how easily a company can pay interest on outstanding debt with its before-tax earnings.

Interest Expense

The expense an entity faces for using borrowed capital, usually shown on the income statement.