x Question 21 (2 points) Contract manufacturing is beneficial in the following circumstances. Start ups, particular in the food industry where investment costs and regulations can prevent success Companies that highly leveraged. Companies with excess cash that are looking for investment opportunities. Large companies to meet unusual or seasonal demand. Question 22 (2 points) Which of the following statements defines how net profit is calculated? a) 10% of gross profit b) Gross profit minus all of the business's expenses, including taxes. c) Gross profit minus the cost of goods sold, interest but not taxes. d) Gross profit minus taxes