Examlex
All of these ratios are indicators of profitability except:
Federal Income Tax
The tax levied by the U.S. federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.
Semimonthly
Occurring twice a month or every half month, often used in the context of payroll or billing periods.
FICA Tax
Federal Insurance Contributions Act tax, which funds Social Security and Medicare, jointly paid by employees and employers.
Employer
An entity or individual that hires and pays for the services of an employee or contractor.
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