Answer:
The answer is: D) The shop makes a substantial profit from pastries and other food bought by the coffee drinkers.
Explanation:
Once I saw this strategy being used by a chain of coffee shops that operated in large superstores. It was really successful, not only because they had a lot of clients. Most of the clients wouldn´t just buy coffee, they also bought pastries and sandwiches. This strategy was so successful that the coffee shop decided to offer free coffee to everyone. Even though you could just ask for a free coffee (after waiting 20 minutes in line), no one just got free coffee. Everyone bought something else. You could hear the other customers saying that since the coffee was free they were going to buy something.
Answer:
Explanation:
• Variable costs are costs that varies with activity level. It means that these costs changes as more and more goods and services are produced by a company. Total variable cost changes with change in output produced by a firm in the long run.
Examples of variable costs are costs of raw materials used in producing goods, direct labor costs, sales commission etc.
• Fixed costs are costs that does not vary with activity level. This means that these costs remains the same as more and more goods are produced by a company. The total fixed cost does not change with changes in output produced by a company in the short run.
Examples are rent payments, salaries, depreciation.
•Mixed costs are costs that have components of both fixed and. variable costs. The fixed part of mixed cost remains unchanged as activity level increases or decrease while the variable part changes with activity level. The fixed part of a total cost function of a mixed cost remains the same as activity level increases in the short run, while the variable part changes with output level in the long run.
Examples are utilities, insurance, operating license
•Step costs. These are costs that remains the same at an activity level but increases or decreases when the threshold of an activity is achieved.
Example is a factory production supervisor salary
Answer:
C) Philanthropic model
Explanation:
Based on the information provided within the question it can be said that the model of CSR that reflects this line of thought would be the Philanthropic model. This model reflects an effort or the desire within a large organization or corporation to improve human welfare through large scale charitable actions. Which is what this passage is stating that the organizations should do, and not for the obligations of the law, but instead go above and beyond because it is the right thing to do.
Answer:
The correct answer is C
Explanation:
Coverage is open peril on the Jewelers Block Floater but there is no coverage for Broken or smashed show windows unless added as an optional coverage.
The show window optional coverage provides theft coverage for articles in a show window if the window is broken or smashed, and different limits apply when the business is open or closed or alarmed or not.
GOOD LUCK
Answer:
Leigh Corp.
Income Statement for the year ended MM DD, YY
Income from continuing operations before tax $450,000
Less: Tax 25% (450,000 x 25%) <u>$180,000</u>
Income from continuing operations after tax $270,000
Loss from discontinuing operation ($19,000)
Loss from sale of discontinuing operation <u>($202,500)</u>
Total Comprehensive Income <u>$48,500</u>
