Answer: $9,800
Explanation:
Payroll taxes = Social security + Medicare +State unemployment + Federal unemployment
= (110,000 * 6%) + (110,000 * 1.5%) + (25,000 * 5.4%) + (25,000 * 0.8%)
= 6,600 + 1,650 + 1,350 + 200
= $9,800
When there is a recession and a fall in income, in the markets for inferior goods, demands increase.
<h3>What are inferior goods?</h3>
Inferior goods are goods whose demand falls when income rises and increases when income falls.
<h3>What is a recession?</h3>
A recession is when there is a negative gross domestic product for four consecutive periods. When there is a recession, there is a decline in productivity in the economy.
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Answer:
B. product distribution franchise
Explanation:
In this scenario, George runs a small retail business and sells brands (products) that another business manufactures. George's retail store uses the logos and trademarks of that business to attract customers by acting as a dealer on behalf of the manufacturing business.
Hence, the type of franchise model that George's retail business follow is a product distribution franchise.
A product distribution franchise can be defined as a supplier-dealer business relationship in which a dealer (franchisee) is granted a license by the manufacturer (franchisor) to sell and distribute their products.
In this type of franchise, the dealer (franchisee) is only granted the license to use just the logos and trademarks of the manufacturer (franchisor) but not the framework (system) for the establishment and operations of the business.
<em>Some examples of a product distribution franchise is Fords motors, Coca-Cola, mobile homes, Guiness etc. </em>
Answer:
The present value of the annuity will be 8,215
Explanation:
This will be the case of an annuity.
There is an annuity of 450 dollars, at a 5% rate for 50 years.
c= 450
rate = 0.05
time = 50
PV = $8,215.1665
rounding to nearest dollar = $8,215
<span><span>Understand the customer, Identify opportunities to increase profit, Recognize and plan for industry, Watch the comp like a hawk, and Mitigate risks in your business AAAAAAND BOOM! there you go</span></span>