Answer:
A pay policy line <u>reflects the pay structure in the market, which always matches rates in the organization.</u>
Explanation:
A pay policy line is the salary level and organization chooses to pay its employees compared to the standard salary level in the market.
Organizations would prefer not to overpay or underpay their employees. Therefore they consider the standard pay structure of the market and match the amount they pay their employees to this structure.
Answer:
measured in terms of the probable future payment of assets or services that a company is presently obligated to make as a result of past transactions or events.
Explanation:
According to my research on financial accounting terms, the term liability is defined as the state of being legally responsible for something (dept such as auto or student loans). When a liability is first recorded it is measured in terms of the probable future payment of assets or services that a company is presently obligated to make as a result of past transactions or events. Basically calculating the amount of future payments that need to be made by the dept owner.
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Answer:
The Break Even Point is the Sales Value that will cover the cost of production. Meaning the Sales Value that will bring profitability to Zero
Break Even sales for Company wide = $378,000
Break Even Value for Chicago is $111,429
And Break Even Value for Minneapolis is $120,000
The Addition of both Outlets/Offices Break Even Sales is less than the Company-wide because the Offices don't share in the Common Fixed Expense as these are specific to Group reporting.
Explanation:
The law of supply illustrates all the quantities of goods that producers are willing and able to sell at every possible price.
<h3>What is the law of supply?</h3>
The law of supply states that when prices increase, the quantity supplied increases and when price falls, the quantity supplied falls. This shows that price and quantity supplied are positively related. This explains why the supply curve is positively sloped.
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Answer: The main costs that they would have apart from the personnel, are the training, new purchases of supplements, depreciation for new equipment and advertising expenses.
Explanation: The trainings would be for them to learn how to serve wine and beer, the public will change and demand other types of music, perhaps it has to be live, however the main expense It would be in marketing to tell the usual consumers that not only coffee will be sold in their establishments.