Answer:
mission statement
Explanation:
Mission statement -
It is the statement about the organization , as why is the organization in existence , determining the goal of the operation , the type of product ans service that the organisation provides , find the overall goal and the primary market and customer , is known as the Mission statement .
Hence , from the question , The Gap , the clothing maker have certain motto , i.e. , create emotional connections with the customer ,
Therefore , it is the company's Mission statement .
Paper currency that has been declared legal tender but is not convertible into coins or precious metals is called <u>fiat</u> money.
The term is derived from the Latin word fiat, because of this a dedication through authority—in this case, it is the government that decrees the fee of the currency and is not representative of every other asset or financial device consisting of gold or a check.
Fiat cash, in a wide feel, all varieties of money which are made criminal tender via a government decree or fiat. The term is, but, commonly reserved for criminal-tender paper money or cash that have face values ways exceeding their commodity values and aren't redeemable in gold or silver.
Economists differentiate amongst 3 special forms of money: commodity money, fiat money, and bank money.
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Answer:
$
Material used 2,500
Direct labour 5,000
Overhead applied 200
Cost of goods sold 7,700
Explanation:
The overhead applied is the difference between cost of goods sold and cost of material used and direct labour. The cost of goods sold is $7,700 while the cost of material and labour is $7,500. The difference of $200 represents the overhead applied.
It is False.
No matter which states the employee lives, the amounts withheld from each employee for social security and medicare do not vary by state. The present tax rate for social security for employers and employees is 6.2% and the present current rate of medicare is 1.45% for both the employer and employee.
Employers are typically required to withhold Social Security and Medicare taxes from an employee's paycheck and pay the employer's share of those taxes.
The Social Security Tax and the Medicare Tax have different rates, and only the Social Security tax has a salary cap. The base salary ceiling is the maximum taxable salary in the year. Determine the withholding amount for Social Security and Medicare contributions by multiplying each payment by the employee's tax rate.
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