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3 years ago

What happens if Jeff refuses to pay the equilibrium wage for coffee shop employees?

2 answers:

7 0

Answer:when Jeff refuses to pay the equilibrium wages for the coffee shop employees, there will be a surplus of coffee shop employees ( unemployment ).

Explanation:

OLga [1]3 years ago

4 0

He could get in trouble if the employees report him for fraud.

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Jameson Corporation was organized on May 1. The following events occurred during the first month.

olya-2409 [2.1K]

Answer:

Date General Journal Debit Credit

a. Cash $70,000

Common stock $5,000

(5*100 shares * $10)

Additional paid - in - capital $65,000

b. No journal entry required - -

c. Cash $18,000

Notes payable (long term) $18,000

d. Equipment $11,000

Cash $1,500

Notes payable (Short term) $9,500

e. Notes receivable $2,000

Cash $2,000

f. Store fixtures $15,000

Cash $15,000

7 0

3 years ago

The postponement of a project until conditions are more favorable: I. is a valuable option. II. is referred to as the option to

Bezzdna [24]

Answer:

The postponement of a project until conditions are more favorable:

III. could cause a negative net present value project to become a positive net present value project.

Explanation:

With the favorable project conditions, the negative NPV will be revised to a positive NPV because the positive conditions will ensure the generation of positive cash inflows. The result is that the project will be assessed as acceptable since the net present value will become positive. Generally, favorable project conditions create outcomes that are positive for the cash flows, thereby generating more positive cash inflows and reducing the impact of cash outflows.

8 0

2 years ago

The direct materials and direct labor budgets provide information for preparing the:________a) production budget.b) sales budget

Korolek [52]

Answer:

C.) Cash budget.

Explanation:

As the name sounds is exactly what it directly entail; as it explains the direct input and output flow pattern of cash in a said organisation or firm. And in most cases, it is seen to access these funds and their usage pattern.

In this case, it can know and give heads up on when their is cash shortage or when a form does not have enough liquidity funds to run it. That is why here, direct and labour budgets are parts of what makes up the cash budget.

6 0

2 years ago

When Gary objected to the high cost of the copier Wynette was suggesting his office purchase, she replied, "The initial price is

defon

Answer:

E. Compensation

Explanation:

Compensation method is an effective technique in businesses to clarify problems and justify decisions between managers and employees. In the current scenario, Wynette is using the compensation method to clarify and justify her purchase decision. She is giving different reasons why she chose an expensive printer over others; this is a compensation method because it will help her to justify her decision.

4 0

2 years ago

A new shop wants to sell Muffins, the sell price is 2.5 dollars per unit. The cost for production is 1 dollar per unit. At the f

FromTheMoon [43]

Answer:

The price went from 2.50 dollar per unit to 1.25

And quantity sold of first hand muffin increase from 500 to 1,600

Explanation:

First day:

We build the equation and solve considering:

a= first hand muffin sold at 2.5 dollar

b = left-over sold at 0.5 dollar

considering the shop made 2,000 muffin and the cost is 1 dollar per muffin:

quantities equation: a + b = 2,000

price equation: 2.5a + 0.5b = 2,000

2.5(2,000 - b) + 0.5b = 2,000

5,000 - 2.5b + 0.5b = 2,000

3,000/2 = b = 1,500

a = 2,000 - b = 2,000 - 1,500 = 500

It sale 500 dollar of muffin at 2.5 and 1,500 at 0.5 getting a total of 2,000 revenue to cover the cost.

Second day:

There is a decrease in price to 1.25 per muffin

This generates a profit of 400 dollar thus:

(sales price less cost) x quantity = profit

(1.25 - 1) x a = 400

a = 400/0.25 = 1,600

6 0

2 years ago