Restaurants have a very low success rate with only about 20% being successful. 60% fail within one year and 80% fail within 5 years.
<h3>What is a
business?</h3>
Business is the activity of making, buying, and selling goods or services so as to make profit.
Restaurants have a very low success rate with only about 20% being successful. 60% fail within one year and 80% fail within 5 years.
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The personal guarantee corresponds to the document signed by Marcelino as a contractual protection.
<h3 /><h3>What is the personal guarantee?</h3>
It is a legal protection for credit-issuing companies, which guarantees the responsibility for paying debts with the use of the individual's personal assets if the contracting company is unable to bear such expenses.
Therefore, the personal guarantee is a form of legal protection guaranteed by a risk reduction contract to business partners.
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Answer:
200 Unfavorable
Explanation:
Calculation to determine what The direct materials usage variance for last month was:
Material usage variance =( Direct materials pounds - Direct materials units) * Actual quantity purchased
Let plug in the formula
Material usage variance= (2 pounds *900) -2,000 pounds
Material usage variance= 1,800 - 2,000
Material usage variance=200 Unfavorable
Therefore The direct materials usage variance for last month was 200 Unfavorable
Answer:
This practice may be a violation of U.S. law.
a) true
Explanation:
To protect local industries from unfair competition from other countries, the US enforces antidumping and countervailing laws. The laws seek to investigate, prevent, and impose adequate tariffs on imported goods that are priced lower in the U.S. market than in the exporting country's market or imported goods that are subsidized by the exporting country's government.
Answer:
a. 21%
Explanation:
Felix and Freddie
Tax paid for first will be :
$43,850 ×15%
=$6,577.5
Taxable income $124,050
($230,000-$105,950)
Taxable payable $38,455.5
($124,050*31%)
Remaining tax payable $13,041
($58,074-$6,577.5-$38,455.5)
÷
Remaining taxable income $62,100
($105,950-$43,850)
Tax rate between $43,850 and 105,950 will be:
$13,041÷$62,100
=0.21×100
=21%
