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nikitadnepr [17]
2 years ago
14

At your first meeting with Alex, you ask to see his most recent financial statements so that you can get an overall assessment o

f the restaurant's financial health. Alex looks at you blankly and says, "I'm a chef, not an accountant, and I don't know what financial statements you're talking about. Can you explain to me?" What should your response be?
Business
1 answer:
Anon25 [30]2 years ago
8 0

Answer:

The two main financial statements are the income statement and the balance sheet.

In the income statement all the revenue and the expenses should be accounted for, resulting in net profits or net losses. The income statement shows how the restaurant has been performing over a given period (usually a year).

The balance sheet is like a photo of the restaurant itself at a specific point in time. The balance sheet shows what assets the restaurant has, how much money it owes and what percentage of the business really belongs to the owners.

The other two financial statements are the statement of owner's equity and the statement of cash flows, but they are more complicated to explain and not that basic for a small business.

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A string of length 160cm is cut in to 2 pieces, in the ratio 3:5 <br>find the length of each piece​
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The pieces will be 3 times something and 5 times something.
3x + 5x = 160
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________ consist(s) of employees representing various functions of the company, such as R&amp;D, design, production, marketing,
zubka84 [21]

Answer:

Cross functional teams

Explanation:

Cross functional teams is the term which is defined as the groups which are made up of the people from the different functional areas within the company or firm such as the human resources, marketing, sales, customer service and distribution.

Under this teams are effective as each member could address the business decision from different view points.  

Therefore, the cross functional teams are the one which compromise of the employees stating the various company functions.

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3 years ago
1. Raphael pays Better Buy $800 to for a new high-definition television (HDTV) and its installation. He's attracted by Better Bu
dsp73

Answer:

A. Raphael spend $800

B.$800

C.VALUE ADDED

Explanation:

A. The amount of $800 is the amount that would be included in the expenditure method reason been that Rapheal used the amount of $800 to pay for a new high-definition television (HDTV) as well as its installation

B. The total contribution to GDP which is measured by the expenditure method, is the amount of $800 calculated as :

The Stages of Production; The Sale Value - The Cost of Intermediate Goods = VALUE ADDED

The Home Station $50 - $0 = $50

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C.The contribution to GDP that you found using the expenditure approach corresponds to the sum of the VALUE ADDED at each stage of production

8 0
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Organizations using a matrix structure Multiple Choice
kherson [118]

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D. contain multiple overlapping command structures, in which all employees report to three or more managers.

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the main disadvantage of this structure is the problem of authority where subordinates may not be able to know who and how to report some issues.

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