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3 years ago

Unlike in joint ventures, in contract manufacturing, _____.

2 answers:

5 0

A joint venture is a business entity created by two or more parties by agreeing to pool their resources together for the purpose of accomplishing a specific objective which may be either a project or any other business activity.
Contract manufacturing involves production of goods by one firm under the label or brand of another firm or company. A contract manufacturer contracts with another company to make certain components or products over a mutually agreed period of time.

galben [10]3 years ago

5 0

In Contract manufacturing, a foreign company, first produces the good within own private label goods.Then these goods are transported to the domestic companies. These domestic companies then attach their own brand name to these products and then sell these products in domestic markets with their own label.

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3. Management activities include all of the following except:

7nadin3 [17]

Answer:

Explanation:

Management activities include Decision making

6 0

2 years ago

Solve the problem using 6.2%, up to $128,400 for Social Security tax and using 1.45%, no wage limit, for Medicare tax.

bekas [8.4K]

$3878.55

Explanation:

Step 1 :

It is given that Kristy has a biweekly gross earnings of $1950.

Since it is bi-weekly payments there are 26 payments in the year.

Gross earnings per year = 1950 * 26 = $50,700

Step 2 :

It is given that the social security tax is 6.2% up to $128,400. Kristy's earnings of 50,700$ does not exceed the threshold $128,400, hence 6.2% of her entire income is subject to social security withholding.

Social security withholding = 6.2% of 50,700 = 6.2*50700/100 = $3143.40

Step 3 :

It is given that Medicare tax is 1.45% with no wage limit

Medicare withholding = 1.45% of 50,700 = 1.45*50700/100 = $735.15

Total withholding = Social Security withholding + Medicare withholding 3143.40 + 735.15 = $3878.55

7 0

3 years ago

In the role of a cultural steward, an HR manager primarily:A. administers day-to-day work of managing people.B. facilitates an o

statuscvo [17]

Answer:

(B) facilitates an organization’s culture and helps to build and strengthen or change that culture.

Explanation:

HR manager here refers to human resources manager, someone whose duties tend to revolve in the management and development of a company’s employees. There are many roles that an HR manager can take, from administrative expert (as described by option A), business partner (as described by option D & E), and of course, a cultural steward.

3 0

3 years ago

What kinds of business transactions are NOT summarized in a sole proprietor's books? A. Credits. B. Expenses or deductions. C. G

yan [13]

Answer:

D. Sole proprietor's wages.

Explanation:

The owner of the business is the sole proprietor on the other hand sole proprietor is not an employee. Therefore he receives no salaries as he is the person who is an owner of any company or an organization. Any sum he takes from the company is considered to be withdrawn amount.

Hence, Sole Proprietor's wages are not listed in the ledger of the sole proprietor. So, the correct answer is D.

4 0

3 years ago

Imagine you inherited $50,000, and you want to invest it to meet two financial goals: (a) to save for your wedding you plan to h

AleksAgata [21]

Answer:

Solution and Explanation:

Evaluation for investment decisions

Investing for Wedding
Investing for Retirement

CD – 24 months .

Energy sector mutual fund

General electric bond – 18 months
Johnson & Johnson stock

Money market shares
General electric bond – 2.5 years

Saving account
Dow ETF

Short term junk Bonds
Treasury Note – 60 months

CD – 24 months= Maturity period has met the criteria for short term goal and money used for their wedding

General electric bond – 18 months=Bonds are generally Long term or short term depends upon the maturity period for this bond has only 18 months maturity period

Money market shares = This instrument is readily converted into cash at any point in time

Saving account = No obligation of any maturity period saving account is personal account

Short term junk Bonds = Short term junk bonds are for a short period of time

Energy sector mutual fund = This sector mutual fund has long term maturity period and thereafter returns in the long term

Johnson & Johnson stock = It is considered as a dividend growth stock and investor invest for high growth on the market value of the share price

General electric bond – 2.5 years = This instrument has a long term maturity period

Dow ETF ETF is retained for capital gains in the near future period but their gestation period is high

Treasury Note – 60 months = Investment for 60 months which is not suited for short term goal of investor

6 0

3 years ago