Answer:
the person makes his own decisions regarding the business
Answer:
$10,570.80
Explanation:
The computation of the withheld during the year is shown below:
= Social security tax + medicare tax
where,
Social security tax is
= $128,400 × 6.2%
= $7,960.80
And, the medicare tax is
= $180,000 × 1.45%
= $2,610
So, the total withheld during the year is
= $7,960.80 + $2,610
= $10,570.80
We simply added the social security and medicare taxes so that the withheld could come
Answer:
B) an agency relationship.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.
In this scenario, Consolidated (principal) empowers Doha Ltd., an Egyptian firm to enter into contracts in certain countries on behalf of Consolidated. Thus, this is an agency relationship.
An agency relationship can be defined as a mutual relationship existing between two parties, wherein a principal authorizes the agent to act as the principal's representative or on his behalf (fiduciary role) in dealing with third parties.
Basically, Consolidated is the principal based on the agency relationship while Doha Ltd. is considered to be an agent and as such is authorized or empowered to enter into contracts in certain countries on behalf of Consolidated.
Answer:
Id say the last or first one
Answer:
(a) $190,000
(b) $2,185,000
(c) $3,125,900
(d) $841,090
(e) $561,260
(f) $1,200,000
Explanation:
Rainier and Yakima Company several balances are omitted. These are calculated with reverse calculation. The material inventory at beginning of may is added with the purchases made and then ending inventory is subtracted to identify cost of goods manufactured.
