Which of the following statement concerning business and labor laws are not true. A) executive order NO.11246 is only applicable if you have 10 or more employees. B) The federal insurance contributions act (FICA) is this social security and Medicare withholding law and is applicable as soon as you hire one employee. C) employees must see eligibility requirements to be entitled to leave under the family and medical leave act. D) employers with 100 or more employees must follow the worker adjustment and retraining notification act

Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%