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4 years ago

When selecting smallwares to use in the kitchen a manager must be sure?

1 answer:

4 0

When selecting small wares to use in the kitchen, a manager must be sure that he should only use commercial grade tools as this is the allowable tools in the professional kitchen. He should also evaluate the cost and requirements in order to use the specific tools. He should ensure that the tools and equipment are easy to clean.

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A woman worked for 30 years before retiring. At the end of the first year of employment she deposited 5000 into an account for h

Mrrafil [7]

Answer:

$797,837

Explanation:

the first withdrawal is $50,000

the second is $51,500

and so on...

the formula that used to solve the interest rate earned by the annuity is:

$50,000 x {[(1 + i)³⁰ - (1 + 3%)³⁰] / [(1 + i)³⁰ x (i - 3%)]} x (1 + i) = $5,000 x {[(1 + i)³⁰ - (1 + 3%)³⁰] / (i - 3%)}

we start to simplify the equation by cancelling {[(1 + i)³⁰ - (1 + 3%)³⁰] / (i - 3%)}

[$50,000 x (1 + i)] / (1 + i)³⁰ = $5,000

now we cancel $5,000 on each side:

[10 x (1 + i)] / (1 + i)³⁰ = 1

now lets take away (1 + i):

10 / (1 + i)²⁹ = 1

things get a little bit more simple now:

10 = (1 + i)²⁹

²⁹√10 = ²⁹√(1 + i)²⁹

1.082636734 = 1 + i

i = 1.082636734 - 1 = 0.082636734 = 8.2636734%

now we replace i in any equation:

= $50,000 x {[(1 + 0.082636734)³⁰ - 1.03³⁰] / [(1 + 0.082636734)³⁰ x (0.082636734 - 0.03)]} x (1 + 0.082636734)

= $50,000 x {[10.82636738 - 2.427262471] / [10.82636738 x 0.052636734]} x (1 + 0.082636734)

= $50,000 x {8.399104909 / 0.56986462} x (1.082636734)

= $50,000 x 14.73877236 x 1.082636734

= $797,837

8 0

3 years ago

A firm hires labor in a perfectly competitive labor market. Its current profit-maximizing hourly output is 100 units, which the

drek231 [11]

Answer:

A.Marginal Revenue $3

B. No

Explanation:

A.Calculation for the Marginal Revenue (MR) that the firm earn from sale of the output produced by the last worker employed

Based on the information given we were told that the Marginal Physical product of the last unit of labor was 5 units per hour in which the firm pays each worker an hourly wage of $15. Now let calculate the Marginal Revenue using this formula

Marginal Revenue = Employees hourly wages/Marginal Physical product unit of labor

Where,

Employees hourly wages=$15

Marginal Physical product unit of labor =5 units per hour

Let plug in the formula

Marginal Revenue =$15/5

Marginal Revenue =$3

B. No reason been that the current profit-maximizing hourly output was 100 units in which we were told that the firm sells at a price of $5 per unit. While the Marginal Revenue gotten in (A) above was $3 which is lesser or lower than $5 per unit which simply means that the firm does NOT sell its output in a well perfectly competitive market .

3 0

3 years ago

"john is a drug dealer who wants to make quick money. john is an example of a"

ivanzaharov [21]

John is novice involved in drug business.

4 0

4 years ago

Read 2 more answers

Before considering a net operating loss carryforward of $81 million, Fama Corporation reported $200 million of pretax accounting

andre [41]

Answer: $35 million (nearest whole million)

Explanation:

To calculate the current year's tax Payable we will start by ascertaining the Net Taxable income.

Fema Corporation did not account for the net operating loss carryforward of $81 million in the $200 million pretax accounting and taxable income for the current year so we have to do that.

Doing that would be,

= $200 million - 81 million

= $119 million

This is the Net Taxable Income.

We will then use the NEW tax rate which was effected immediately to determine the new Tax Payable,

= $119 million * 0.29

= $34.51 million

= $35 million (nearest whole million)

5 0

3 years ago

The managers of Alfredo's Pizza, a popular pizzeria in New York City, have been increasingly encouraging senior citizens to visi

finlep [7]

Answer: market development

Explanation: In simple words, market development refers to a strategy under which an organisation tries to identify and develop a new market for gaining an absolute competitive advantage.

In the given case, Alfredo 's pizza has been realizing that the population of senior citizens has been increasing. Therefore they start making products as per the needs of their new customer base.

Hence from the above we can conclude that the company is using market development strategy for their growth.

6 0

4 years ago