Partnerships account for significant revenues in services, trade, and construction.
Answer the following statement true (T) or false (F)
False
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Why do we need organizations?
What will be an ideal response?
Which of the following taxes has a ceiling on the amount of annual earnings subject to tax?
A) FICA-OASDI taxes B) sales tax C) federal income tax D) FICA-Medicare taxes
XYZ has three supply chain locations with respective production capacities of an electronic component (Denver, Milwaukee, and Columbia) and three demand locations with their respective demand requirements for that electronic component. The demand requirements, production capacities, and the per-unit transportation costs are tabled in the transportation matrix shown here. Determine the initial shipping cost using the northwest corner rule.
a. $30,000
b. $40,000
c. $24,000
d. $34,000
Which of the following utilities satisfies wants by smoothly transferring proprietorship of goods and services from seller to buyer?
A. Time utility B. Place utility C. Form utility D. Ownership utility