Answer:
$63.11
Explanation:
FICA stands for Federal Insurance Contribution Act. It is a combination of two taxes that find Medical health insurance and social security benefits. The employees deduct and withhold FICA from the employee paycheck.
If Pete makes $825 per week
the employer will deduct 7.65% of $825
=7.65/100 X $825
=0.0765 x $825
=$63.1125
Yes , Judy and Kristy have an enforceable binding contract
Explanation:
Kristy Johnston, Judy Olsen, and Joyce Johnston, their mother, owned real estate as common buyers. After Joyce died, she left Kristy her one-third share in the house. Kristy sent Judy a letter in 2009 promising Judy to purchase or sell Judy's share in the property.
Judy accepted the sale bid from Kristy. Kristy then tried to refuse Judy's approval and to cancel her bid for sale. Judy lodged a Kristy lawsuit.
The court granted the summary judgment to Judy finding that a contract had been drawn up between the letters exchanged between Judy and Kristy which satisfied the frauds ' status. The Supreme Court ruled that the district court decided out that an enforceable arrangement was established by exchanging letters from the parties.
Answer:
The correct answer is a. Developing a strategic vision, setting objectives, and crafting a strategy
.
Explanation:
Management has the responsibility of charting the strategic course, establishing a series of objectives that allow it to choose a strategy that allows achieving everything planned. Likewise, the board of directors is responsible for defining and executing such strategies.
The management process has the following stages:
1. Define strategic vision.
2. Set Goals.
3. Develop the strategy.
4. Apply and implement the strategy.
5. Evaluate performance and implement controls.
Answer:
D. All of the above are correct.
Explanation:
A budget is a proposed plan that outlines the financial and nonfinancial statement.
The main objective of the budget:
- To make a goal for future plans.
- To set strategies to achieve a present objective.
- To reduce the inequalities in the wealth.
The importance of the budget in business is that making a proper budget helps the owner to plan and manage the finances of the company and help to improve the profits.
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