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3 years ago

A decrease in the demand for pastry chefs may come about because of an:

Business

1 answer:

SOVA2 [1]3 years ago

7 0

Answer:

D) Increase in the market wage rate for pastry chefs.

Explanation:

A decreased demand may be caused by an increased wage rate of pastry chefs. Since a bakery may hire this expensive labor and produce pastries, this will result in increased cost for the bakery, this will be passed on to the consumers in turn for increased prices. Consumers will buy less of it and thus demand for pastries will fall requiring bakeries to hire less chefs.

Hope that helps.

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On July 1, Runner's Sports Store paid $14,000 to Corona Realty for 4 months rent beginning July 1.Prepaid Rent was debited for t

Mariana [72]

The question is incomplete. Choose fron the following;

A)Debit Prepaid Rent, $3,500; Credit Rent Expense, $3,500.

B)Debit Rent Expense, $14,000; Credit Prepaid Rent, $14,000.

C)Debit Rent Expense, $3,500; Credit Prepaid Rent, $3,500.

D)Debit Rent Expense, $14,000; Credit Prepaid Rent, $3,500.

Answer:

The answer is C)Debit Rent Expense, $3,500; Credit Prepaid Rent, $3,500.

Explanation:

The rent expense for the month ending July 31 was 14000/ 4 = $3500.

3 0

3 years ago

Read 2 more answers

On January 1, 2018, Crane Corp. changed its inventory method to FIFO from LIFO for both financial and income tax reporting purpo

vagabundo [1.1K]

Explanation:

Data provided in the question

Change in the inventory = $1,030,000

i.e Opening inventory = $1,030,000

Income tax rate = 35%

So, the cumulative effect in the year 2018 is

Opening inventory $1,030,000

Less: income tax rate i.e 35% -$360,500

Balance $699,500

This balance would be addition to the beginning balance of the retained earning statement

3 0

3 years ago

agricultural workers and industrial laborers were almost the same number a) during 1850 b) during 1880 c) during 1890 d) during

Leni [432]

Answer:

I'm not 100% but I strongly believe it is A. as after the Civil War post 1860's the Industrial Revolution took over the nation and a majority of laborers/workers were doing Industrial work.

Explanation:

7 0

3 years ago

Icarus Aviation, Athena Instrumentation, and Hercules Miniaturization are strategic business units of Olympia Industries. One ca

Tpy6a [65]

Answer:

A) compete with one another in Olympia's internal capital markets.

B) are network member firms while Olympia is the strategic center firm.

C) are not necessarily related to one another in terms of products or markets.

Explanation:

A) An internal capital market refers to the way a corporation assigns capital resources to its different business units or subsidiaries in order to maximize its profits. The headquarter will always allocate more resources to its most profitable business units. Therefore, all the business units within a corporation compete against each other in order to get the most resources assigned to them.

B) When a corporation has different business units that are not necessarily working together but all must follow the same business strategy, the headquarters (Olympia Industries) acts as the strategic center and decides what strategies the whole corporation will follow. While the different business units act as network partners that operate separately but under the umbrella and guidance of the strategic center and its corporate strategy.

C) The fact that they all are part of a bigger corporation doesn't mean that they produce similar goods or services, or that they even compete in the same markets. For example, Amazon's profits proceed mostly from its cloud service unit AWS (B2B) and not the retail unit (B2C).

D) If the different business units don't work together, then it is probable that they don't share the same core competencies.

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3 years ago

You observe that a firm's ROE is above the industry average, but both its profit margin and equity multiplier are below the indu

love history [14]

Answer:

The correct option is "a".

Its total assets turnover must be above the industry average.

Explanation:

Return on equity = profit margin * asset turnover* equity multiplier

Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity. Because shareholders' equity is equal to a company’s assets minus its debt, ROE could be thought of as the return on net assets.

ROE is considered a measure of how effectively management is using a company’s assets to create profits.

If ROE is above the industry average, this means that the company's management is above average at using the company’s assets to create profits.

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3 years ago