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zimovet [89]
3 years ago
8

Myra provides accounting services as an independent contractor for Great Northern. Because of this relationship, Great Northern

is responsible for withholding and paying Myra's employment taxes, including federal unemployment compensation (FUTA), Social Security (FICA) and FICA excise tax.
a) true
b) false
Business
1 answer:
Setler [38]3 years ago
8 0
The answer to this question is False
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What insight does ROI give into investment performance? Is it acceptable to lose profit on one product, if that product is vital
trapecia [35]

Answer:

Explanation:

Return on investment (ROI) can be defined as a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of investments.

The ability to calculate return on investment is particularly valuable for any business regardless of its size or industry. by calculating ROI, an individual can understand how well their business is doing and which areas needs improvement.

Every business decision requires knowldge of ROI, so as to optimize profitability. Yes it is acceptable to loose profit of one product for the sale of a profitable product because the gain that would be derived by selling an extremely profitable products is better for the company that the gain one product will derive. Afterall, every company wants to increase profitability.

3 0
3 years ago
The Bubbly Soda Company is creating written correspondence to send to customers in the Midwest. The company decides to refer to
RoseWind [281]

Answer: Location.

Explanation:

The Bubbly soda company adjusted their products name when writing to their customers from the Midwest region to suit the location they are from. The company understands that by using certain terms common to people from a particular location, the people would easily relate to a message.

8 0
4 years ago
According to the sticky-price model, other things being equal, the greater the proportion s of firms that follow the sticky-pric
Lelu [443]

Answer:

The correct answer is c. greater; increase.

Explanation:

The models follow one another by altering the assumptions about the flexible or rigid nature of the prices determined in the different markets.

• Flexible price: the price varies, increasing when there is excess demand and decreasing when there is excess supply.

• Rigid price: it does not follow the logic of the mentioned variation because it responds to other factors or because although it varies according to the logic described above, it does not do so sufficiently for the market to balance instantly. (IMP .: do not confuse rigid price with constant price).

5 0
4 years ago
Goldberg Corporation has three production departments A, B, and C. Goldberg Corporation also has two service departments, Admini
Svetllana [295]

Answer:

$ 58,333 Personnel costs is allocated to B

Explanation:

According to the given data the Employees to be considered for allocation = A+B+C = 15+5+10 = 30 employees

The Personnel Dept direct cost = $ 350,000

No. of employees for B = 5

Therefore, in order to calculate what amount of Personnel costs is allocated to B, we have to use the following formula:

Allocated cost =Personnel Dept direct cost x No. of employees for B/Total employees =

Allocated cost = $ 350,000 x 5/30 = $ 58,333

$ 58,333 Personnel costs is allocated to B

8 0
3 years ago
Smith, a single individual, made the following charitable contributions during the current year. Smith’s adjusted gross income i
pishuonlain [190]

Answer:

A) $7,000

Explanation:

Smith can deduct the $5,000 he donated to the church he attends. The art work donated to the local museum must be deducted at its basis, which is $2,000. Since he only purchased the painting 4 months before, the price increase will be considered a short term capital gain. Donated short term capital gain property must be deducted at basis.

The $1,000 he donated to the needy family is not deductible, since it wasn't a qualifying organization.

3 0
4 years ago
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