g A repurchase agreement is where: Group of answer choices A repurchase agreement never uses US Government securities as collateral Banks never participate in repurchase agreements Repurchase agreements were set up to allow retail investors to secure liquidity when they needed it. the owner of a large dollar value of securities needs liquidity so they borrow money for a few days using those securities as collateral.

On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60