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Solnce55 [7]
3 years ago
10

Should underperforming restaurants be closed or sold?

Business
1 answer:
crimeas [40]3 years ago
7 0

Answer:

sold

Explanation:

Underperforming restaurants are those restaurants  which does not perform well. The restaurant does not run properly and no people or less people visits the restaurant for eating.

This can be due to several factors. The restaurant's location may not be good, the restaurant may not provide good quality and tasty food, or people might not find their required menu in that restaurant. All these factors leads to less people visiting the restaurant and less revenue generation.

In such a case, the owner of the restaurant must sell the restaurant to some other party so that he does not undergo any losses. By selling the property he will get some amount of his investment which he could utilize in his further projects.

Also by selling the restaurant, the employees of that restaurant will not go out of job and can feed their family.

So, the restaurant should be sold.

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Answer: $40,800

Explanation:

Each unit requires 2 hours of direct labor.

1,020 units would therefore require:

= 1,020 * 2

= 2,040 hours of labor

The direct labor rate is $20 per hour. If there are 2,040 hours to be worked, the cost would therefore be:

= 20 * 2,040

= $40,800

7 0
2 years ago
"If the interest rate on a U.S. one-year bond is 2%, the interest rate on a Brazilian one-year bond is 8%, and the currency prem
cluponka [151]

3% is the answer.

<u>Explanation:</u>

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5 0
3 years ago
Shortly after World War II, John Jackson developed and began selling a machine lubricant that was superior to anything currently
o-na [289]

The given scenario is an example of marketing behavior that would occur during the sales era of U.S. business history.

<h3>What is Marketing?</h3>

This refers to the creation of awareness for a particular product by making promotions.

Hence, we can see that based on the given scenario of the machine lubricant that was sold after the WWII, there was the introduction of strong competitors and a sales force had to be hired and this is an example of marketing behavior that would occur during the sales era of U.S. business history.

Read more about marketing here:

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5 0
2 years ago
It is estimated that the annual maintenance cost of a statue erected in front of a public building in a state capital would be $
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Answer:

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3 0
2 years ago
Spice Inc.'s unit selling price is $60, the unit variable costs are $35, fixed costs are $125,000, and current sales are 10,000
miv72 [106K]

Answer:

Increase by $200,000

Explanation:

Giving the following information:

Spice Inc.'s unit selling price is $60, the unit variable costs are $35, fixed costs are $125,000, and current sales are 10,000 units. How much will operating income change if sales increase by 8,000 units?

Effect on income= (60 - 35)*8,000= $200,000

6 0
3 years ago
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