Select Answer: 6 Select Answer: 7 Select Answer: 8 Select Answer: 9 Select Answer: 10 Select Answer: If Limbo Manufacturing sells a machine for cash, what type of cash flow will result? A. Operating cash flow B. Investing cash flow C. Financing cash flow D. Noncash investing and financing cash flow Who pays unemployment taxes? A. Employee only B. Employer only C. Both employer and employee D. Neither employer nor employee Who pays social security and medicare taxes? A. Employee only B. Employer only C. Both employer and employee D. Neither employer nor employee Which one of the following is not a payroll tax? A. State unemployment tax B. Federal unemployment tax C. Match on employee medicare tax D. Employee income taxes me a serious disadvantage to forming a partnership. A. Unlimited liability for each partner B. Ability to bring together the skills and resources of partners C. Easy to form a partnership D. Income taxes must be paid by a partnership Carney Corp. borrowed $10,000 on a 3-month 6% note payable. How much interest will Carney pay on this note? A. $600 B. $60 C. $1,500 D. $150