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svp [43]
3 years ago
8

Technological improvements have made it possible to do a restaurant’s food cost percentage in about _____________ of the time it

used to take and with more accuracy.
Business
2 answers:
oksano4ka [1.4K]3 years ago
5 0

Answer: one-third

Explanation: technological improvements in the areas of point-of-sale (POS) systems for table service restaurants, table management systems, home delivery, frequent dining and gift card programs, inventory control systems, and menu management systems etc. have changed the way restaurants process and monitor transactions. This has greatly reduced the time it takes in calculating the food cost percentages of restaurants which is now done in about one-third of the time it takes previously. Restaurant technology also provides management with the right information at the right time resulting in fewer costly mistakes, better forecasting, higher productivity, and improved marketing know-how. Nowadays, large volumes of paperwork are replaced with computer generated reports that reveal previously hidden dynamics. This has so far ensured they compete effectively in markets of today as well as that of tomorrow.

EleoNora [17]3 years ago
3 0

Answer: One-third

Explanation:

The impact of technology in our everyday life cannot be understated. Technology has made life easier by simplifying our work lives and personal lives. In the restaurant industry, technological terms such as artificial intelligence, mobile apps, smart devices etc are now common in the industry.

Technology helps in making work easier. This can be noticeable in knowing the food cost percentage of a restaurant. Through technology, the food cost percentage of a restaurant can now be known in one third of the time used before technology came into place.

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When the market rate of interest was 12%, Halprin Corporation issued $1,000,000, 11%, 10-year bonds that pay interest annually.
Gennadij [26K]

Answer:

Correct option is (c)

Explanation:

Given:

YTM (yield to maturity) (Rate) = 12%

Coupon rate = 11%

Face value = $1,000,000

Coupon payment (pmt) = 0.11 × 1,000,000 = $110,000

Time period (nper) = 10 years

Selling price of the bond is the present value of the bond which can be computed using spreadsheet function =PV(rate,nper,pmt,FV)

=PV(0.12,10,110000,1000000)

Present value of bond is $943,498 which is close to option (c)

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3 years ago
A company expects to pay a dividend of $3.50 per share one year from today. the dividend is expected to grow at 30 percent per y
monitta

Answer: $70

Explanation:

Price = Present value of year 1 dividend + Present value of year 2 dividend + Present value of year 3 dividend + Present value of year 4 dividend + Present value of year 4 price

Year 4 price = Year 4 dividend / ( Required return - Growth rate after 3 years)

= (3.50 * 1.30³ * 1.04) / (13% - 4%)

= $88.856

Price = (3.50 / (1 + 13%)) + ( (3.50 * 1.3) / 1.13²) + ( (3.50 * 1.3²) / 1.13³) + ( (3.50 * 1.3³) / 1.13⁴) + 88.856/1.13⁴

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Some new-product experts maintain that getting close to customers through intensive research is the only way to develop successf
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A total product offering can be defined as all of the features and attributes of a product that a consumer evaluates when he or she is deciding whether or not to buy a particular product. Some of the important elements of a total product offering are price, convenience, guarantee, warranty, producer's reputation, buyers' past experience, speed of delivery, brand name, package, etc.

In this scenario, Darius wants to buy a new bedroom furniture. Naturally, he compares the various attributes of a product which include types, warranty, reputation, price, product experience, etc.

Hence, all of the components that Darius is evaluating make up the total product offering.

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3 years ago
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GarryVolchara [31]

Answer:

Explanation:

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